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Industrial gases are often used as process enhancers due to their physical and chemical properties. Crude oil production and exports are the largest contributors to the GDP of Saudi Arabia. The government has formulated plans to become second largest exporter of refined oil products in the world by 2017, and has opened the sector for private investments.
"Saudi Arabia Industrial Gases Market By Type, By End User, Competition Forecast and Opportunities, 2011 - 2021", the industrial gases market size in Saudi Arabia is anticipated to cross US$ 1.6 billion by 2021. Growing demand from various end user industries such as refinery, metallurgy, food & beverage, paper & pulp, etc., coupled with implementation of favourable government policies are projected to increase demand for industrial gases in Saudi Arabia during 2016 - 2021. Furthermore, huge investments in Saudi Arabia for capacity additions at existing end user facilities coupled with launch of new projects is anticipated to further boost the Saudi Arabia industrial gases market through 2021. "Saudi Arabia Industrial Gases Market By Type, By End User, Competition Forecast and Opportunities, 2011 - 2021" discusses the following aspects of industrial gases market in Saudi Arabia: