High Purity Gas Market Size ,COVID19 impact on Industry and Outlook 2030
The high-purity gas market is growing at a rapid pace. The market growth attributes to the increased market demand led by the booming industrialization worldwide. Besides, the rising consumption of various industrial gases for cooling, insulation, and illumination applications defines the growing landscape of the High Purity Gas Market Size . The electronics industry is a major user of high-purity gas. Therefore, the burgeoning electronics industry escalates market growth to further heights. On June 10, 2020, the Korea Institute of Energy Research (KIER — South Korea) announced the development of a modular device that can collect 99.99 percent pure hydrogen, the main element for the low-cost production of hydrogen fuel using liquefied natural gas (LNG). This new integrated convection system is expected to increase the efficiency of heat and mass transfer. Additionally, the surging demand for energy and uses of high-purity gas in several processes of petroleum refinery act as key growth