gasworld’s Business Intelligence team provides you with an insight into how the recent difficulties within Ukraine has impacted the nation’s industrial gas market.
Since fighting broke out in early 2014, Ukraine has faced serious challenges from a humanitarian, economic and industrial perspective.
In 2012, gasworld’s Business Intelligence team valued the Ukrainian industrial gases market at just over $120 million. Between 2002 and 2012, growth stood at an impressive average rate of around 13% p.a. This was fuelled by major investment from international industrial gas companies and an increase in demand from the country’s large manufacturing industry.
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