gasworld Business Intelligence’s country profile for the month of July focuses on the industrial gas market in the Mid-Atlantic region of the United States.
This region of the United States currently generates around $2.1 bn in revenue, accounting for roughly 11% of the total US market. However, the market in the Mid-Atlantic is reasonably fragmented, with no company currently holding an individual market share of over 25%.
The current market leader is Praxair, with the company commanding a 20% market share in the region. Praxair currently generate a large portion of revenue through merchant sales, with over 55% of company revenue being amassed through sales packaged gas. The company has recently furthered its focus on this supply mode due to the acquisition of the remaining shares of Praxair Distribution Mid-Atlantic LLC in February 2014.
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