Incorporating: Delaware, District of Colombia, Maryland, New Jersey, New York and Pennsylvania.
Within the 2018-2023 timeframe, gasworld business intelligence predict growth from 1.6% p.a. in a low scenario to 5.5% p.a. in a high scenario. Accordingly, the industry in the Mid-Atlantic is expected to achieve revenues of between $2.4bn to $2.9bn by 2023.
There are currently two major companies in contention for the number one market position in the region. gasworld Business Intelligence estimates that in 2018, Air Liquide managed to secure the number one market position by a marginal 0.9%.
The region’s economy has emerged as one of the most resilient in the US, over the past 14 years. The Mid Atlantic managed to narrowly avoid going into recession, and growth has remained positive throughout the period – average at an annual rate of 4%.
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