Industrial Gases

Group revenue from the industrial gases market was £5.2m in 2020. This market is predominantly served by our Cylinders Division but also by Martract, a business within our Precision Machined Components Division.

Market overview

This market is predominantly served by CSC but also by Martract, a business within our PMC division. This market crosses multiple segments for CSC, including cryogenics and bulk gas transport and storage, scientific research facilities and universities. As disciplines such as cryogenics continue to expand, the demand for bespoke, high quality gas containment systems also grows, driven by safety and control requirements. The growth of gas management systems within the higher education sector is being driven by the expansion of vocational and practical courses nationally and internationally.

Market potential

CSC provides both storage solutions and inspection, reconditioning and retest services. The opportunities for CSC will continue to come from the higher education and scientific research sectors, along with a continued penetration of the nuclear power generation market.

Industrial Gases financial statistics

2020 Group revenue
£5.2m

(2019: £2.2m)

2020 Growth
+140.6%