Early 2013 saw specialty gas industry mavens describing a buoyant and growing market for specialty gases, particularly in the energy, automotive and environmental sectors.
Some clouds loomed on the horizon, particularly for electronics specialty gases, where aggressive infrastructure investment (mainly in LED and solar markets) had outstripped demand. However, in the electronics market where the turnover in new devices and technologies is rapid, shifting patterns in demand for raw materials and for greater purity continue to offer fresh challenges, and recovery is underway.
So after the optimism of 2013, how are things shaping up for 2014 and beyond?
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