Increasing Government Initiatives to Fund Oil and Natural Gas Technologies to Augment Growth of US Industrial Gas Regulator Market
Industrial gas regulators are mechanical control devices, which maintain the optimum gas pressure to make sure safe and efficient operations in many different industrial applications across a variety of industries. For whatever applications you have, you will find that there are certain types of regulators that will be more appropriate for your application than others. These include: pressure regulators, oxygen regulators, spark regulators, temperature and moisture sensors, and many more.
The U.S. industrial gas regulator market is expected to witness significant growth in the foreseeable future, owing to increasing government initiatives to fund oil and natural gas technologies. For instance, in April 2019, the US Department of Energy (DOE) announced up to US$ 39 million in federal funding for cost-shared research and development projects that aim to improve oil and natural gas technologies.
When selecting your industrial gas regulators, it's important to consider your exact needs. If you are looking for accurate pressure control, then you will need to look at your gauge system, load distribution, and your airflow into the system. It's also important to note that you will not want a device with a large circumference that will require too much space. A smaller device will not only be more effective but will be easier to keep track of.
In addition to pressure regulators for industrial applications, you may also need equipment for furnaces, boilers, ventilators, water heaters, and more. If you are in the manufacturing industry, you will probably use boilers frequently as part of your business. However, if you're in the residential or small business market, you likely only use furnaces to warm your home. Regardless of the type of furnace or boiler you are using, having an accurate gauge on hand is critical to proper operation.
If you are interested in this particular type of service, it is important to understand that not all gas regulators will work equally well for all applications. There are two types of regulators in use today: pressure regulators and displacement regulators. Pressure regulators work with the force of air or water exerted on the system to determine the amount of air or liquid that moves through the system. For instance, if you have an oil-fired boiler, a pressure regulator that accurately measures and delivers enough hot water to the furnace will be necessary. Displacement regulators work with the flow of air or fluid that is necessary within a certain area.
The US industrial gas regulator market is witnessing divesture strategies. For instance, in April 2020, The Linde Group completed the divestment of Liquefied Natural Gas (LNG) and biogas business in Scandinavia, plus its marine bunkering business in Germany. As of May 1, 2020 all employees, customer and supplier contracts were transferred to Gasum Oy.
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