US EditionGlobal industrial gas demand declines in Q1 2025
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Global industrial gas demand declines in Q1 2025
Running out of steam: global industrial gas demand declined in Q1 2025, for the first time since the 2022/23 gas crisis. Just a temporary hiccup, or something more profound is going on? Industry was the single most important driver behind stronger gas use in 2024, alone accounting for almost 40% of incremental gas demand last year. This was partly driven by the recovery in Europe and the by the continued economic expansion in fast-growing Asian …
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