Calibration gas mixture is a reference gas or a mixture of gases which are usually compressed. The composure of calibration gas mixture exists of one initial gas and is enhanced by one or more components. Calibration gas mixture is used to calibrate gas analyzers or gas detectors.
On the basis of type, the calibration mixture gas market can be segmented into UHP, special application gas mixtures, high end gas mixtures, EPA protocol, etc. Among them, the two types of high end mixed gas mixtures and EPA protocol occupy a larger market share of 38.26% and 22.16%, respectively, in 2019. High end gas mixtures are mainly specialty gases with high purity and reliability, which can be used to calibrate special emission monitoring equipment and gas detection systems. EPA Protocol gas mixture calibration standards are obtained by users to measure emissions of regulated gaseous species to ensure that they comply with US Environmental Protection Agency (EPA) regulations. These standards are produced by the specialty gas industry and supplied directly to users.
Calibration gas mixtures can be used in several applications, currently mainly in the industrial sector and science and research. In the industrial sector, calibration mixtures are used in environmental monitoring, equipment testing, engine emission testing, oil and gas measurement, and gas detection to ensure that these instruments are reliable and accurate. In 2019, its market value has reached $419.04 million. Besides, calibration gas mixture is a mixture of two or more gases blended together along with a carrier gas, and is used as a reference gas to calibrate various analytical instruments, gas analyzers and gas detectors of a laboratory or research center. The market value for applications in science and research has reached $121.22 million in 2019.
Global Calibration Gas Mixture Market Status and Prospect Analysis
Calibration gas mixture companies are mainly from Europe and North America with a very high industry concentration. The top three companies are Linde Group, Air Products and Chemicals and Air Liquide with revenue market shares of 25.13%, 21.94% and 20.94% in 2019, respectively. North America is the largest revenue market with a market share of 34.98% in 2015 and 33.46% in 2019, a decrease of 1.52%. The market share of Europe was 32.69% in 2019, ranking second.
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In addition, Asia Pacific calibration gas mixture market is expected to be the most promising market in terms of growth potential. The significant economic growth in developing countries has led to a significant increase in per capita income, gradual improvement in the standard of living, and rapid increase in the number of vehicles. According to the Organization of the Petroleum Exporting Countries, the demand for oil is increasing in developing countries, especially in Asia. The analyzer installed on oil & gas platforms for calibrating gas mixtures require constant calibration to check the accuracy of analysis in the key process, thereby boosting the calibration gas mixtures market. Asia Pacific is expected to expand its market share to 26.81% by 2026 from 24.51% in 2019.
Global Calibration Gas Mixture Market to Expand as Times Progress
According to research, the market value of global calibration gas mixture market was $489.83 million in 2015 and increase to $622.52 million in 2020. The calibration gas mixture market is forecast to reach a value of $898.99 million by 2026, growing at a CAGR of 5.13% from 2020 to 2026.
The global economy is expected to decline by 5.2 percentage points due to the outbreak, affecting various industries. The impact on the calibration gas mixture market is mainly in two aspects: First, the transportation of the industry chain is poor and many upstream raw material manufacturers go bankrupt. However, for the industry, this impact is short-term and will not change the trend of the industry moving forward. Second, upstream raw material prices may be subject to fluctuations accordingly, which will have a certain impact on the calibration gas mixture market. However, after the epidemic is gradually brought under control, the calibration gas mixture industry will usher in a recovery period, and the gas detector industry is expected to be in an expansion and growth period, and the demand for the calibration gas mixture industry will increase.
With the development of the times, people are increasingly aware that long-term exposure to low concentrations of toxic gases can have adverse effects on people\'s health. Calibration gas mixtures can be used to calibrate environmental detection instruments containing toxic gases such as sulfur dioxide, nitrogen oxides, and hydrogen sulfide. Surge in demand for plant safety and increase in demand for products will drive the growth of calibration gas mixture market.
In recent years, countries have enacted stringent environmental regulations and increased production of automobiles has led to the emission of vehicle exhaust, which has caused air pollution and led to severe haze in some major cities. The calibration mixed gas can be used in testing instruments to calibrate and test nitrogen oxides, carbon monoxide, carbon dioxide, propane and other gases. Therefore, the growth of automobile sales will directly affect the demand for automobile exhaust gas testing equipment.
In addition, the focus on safety awareness has also created many growth opportunities for the calibration gas mixture market. Improving safety through early detection of potentially harmful, toxic, or flammable gases is a way that more and more companies are ensuring that their workplaces remain operational and incident-free. The hydrocarbon gas point detector can monitor combustible gases, and the calibration gas mixture can be used in the detector to calibrate hydrogen and other gases with an explosion limit of 50% to ensure the accuracy of the instrument. This has also greatly contributed to the further development of the calibration gas mixture market.
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