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gasreport: North Pacific – South Korea



The commercial industrial gas market in South Korea is estimated to have generated revenues of $1.81b in 2020. This represents a 8.8% decline on the estimated 2019 revenues of $1.98b.

Within the 2020-2025 timeframe, our forecast models predict growth from 3.6% p.a. in a low scenario to 7.6% p.a. in a high scenario. Accordingly, this should see the gas market in South Korea achieve revenues between $2.16b and $2.61b by 2025.

Published: 2022

Report Data: 2021

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential

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