The global market for Industrial Gases is estimated at US$105.0 Billion in 2023 and is projected to reach US$157.2 Billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the industrial gases market is driven by several factors. Rapid industrialization in emerging economies is increasing the demand for gases used in manufacturing and processing industries. Technological advancements that enhance the efficiency and environmental sustainability of gas production are also crucial drivers, as they meet the stringent regulatory standards for emissions and energy use.
Moreover, the expanding healthcare sector globally requires a steady supply of medical gases, which supports sustained growth in this segment. The ongoing developments in sectors such as electronics, where gases are used in the production of semiconductors and display panels, further fuel the demand for high-purity gases. These combined factors ensure robust growth and continued innovation within the global industrial gases market.
The growth in the industrial gases market is driven by several factors. Rapid industrialization in emerging economies is increasing the demand for gases used in manufacturing and processing industries. Technological advancements that enhance the efficiency and environmental sustainability of gas production are also crucial drivers, as they meet the stringent regulatory standards for emissions and energy use.
Moreover, the expanding healthcare sector globally requires a steady supply of medical gases, which supports sustained growth in this segment. The ongoing developments in sectors such as electronics, where gases are used in the production of semiconductors and display panels, further fuel the demand for high-purity gases. These combined factors ensure robust growth and continued innovation within the global industrial gases market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Industrial Oxygen segment, which is expected to reach US$46.5 Billion by 2030 with a CAGR of a 6.0%. The Industrial Nitrogen segment is also set to grow at 6.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $28.0 Billion in 2023, and China, forecasted to grow at an impressive 9.5% CAGR to reach $35.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Gases Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Gases Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Industrial Gases Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Abrasive-Form, A-Gas International, Air Liquide SA, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 38 Featured):
- Abrasive-Form
- A-Gas International
- Air Liquide SA
- Air Products Inc.
- Air Products Sp. z o.o.
- Air Water, Inc.
- Alang Industrial Gases
- AP+M
- Ap2e
- B.I.G. Industries Berhad
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abrasive-Form
- A-Gas International
- Air Liquide SA
- Air Products Inc.
- Air Products Sp. z o.o.
- Air Water, Inc.
- Alang Industrial Gases
- AP+M
- Ap2e
- B.I.G. Industries Berhad
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 192 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 105 Billion |
| Forecasted Market Value ( USD | $ 157.2 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
