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gasreport: South East Asia – Myanmar



Within the 2018-2023 timeframe, our forecast models predict growth from 7.9% p.a. in a low scenario to 9.6% p.a. in a high scenario. This should see the industry in Myanmar achieve revenues of between $70.6m to $76.8m by 2023.

The commercial industrial gases market in Myanmar was estimated to have generated revenues of $43.6m in 2018. This was up from just over $12.5m in 2008, indicating an average annual growth rate of 13.4% p.a. for the decade.

Between 2008 and 2018 GDP grew by an average of 10.2% p.a. The economy in Myanmar has developed rapidly over the course of the last decade, with GDP consistently posting strong growth.

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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