Industrial Gases for Plastic & Rubber Industry Market Report 2026

The industrial gases for plastic & rubber industry market size has grown strongly in recent years. It will grow from $7.57 billion in 2025 to $8.13 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to expansion of plastic and rubber manufacturing activities, increasing use of gas-assisted molding, growth of extrusion and injection molding processes, availability of industrial gas supply infrastructure, rising focus on production efficiency.

The industrial gases for plastic & rubber industry market size is expected to see strong growth in the next few years. It will grow to $10.63 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for lightweight plastic components, rising adoption of advanced molding technologies, expansion of electric vehicle plastics usage, growing focus on energy-efficient manufacturing, increasing integration of digital gas management systems. Major trends in the forecast period include increasing use of nitrogen in plastic processing, rising adoption of energy-efficient gas applications, growing demand for controlled atmosphere manufacturing, expansion of gas-assisted molding techniques, enhanced focus on process optimization.

The growth in infrastructural development activities is expected to drive the industrial gases for the plastic and rubber market. Infrastructure development provides essential services that support economic growth and improve quality of life. As governments worldwide increase spending on infrastructure, the demand for rubber and plastic components - widely used in construction and related activities - also rises. For instance, in February 2024, according to the Infrastructure and Projects Authority, a UK-based government agency, £164 billion in planned investments for major infrastructure and construction projects in 2024/25 exceeded that of 2023/24, highlighting strong economic growth. Over the next decade, total projected investments are estimated to reach between £700 billion and £775 billion. Consequently, the growth in infrastructural development is propelling the industrial gases for plastic and rubber market.

Major companies in this market are developing technological solutions, such as cryogenic cleaning systems, to enhance manufacturing efficiency and reduce environmental impact. Cryogenic cleaning systems employ extremely low temperatures, using media such as liquid nitrogen or carbon dioxide transformed into gas, to clean surfaces effectively. For instance, in 2024, CRYOCLEAN Cleaning Technologies, a US-based provider of innovative cleaning solutions, launched a cryogenic cleaning system that offers superior cleaning performance while minimizing environmental impact, providing a safer and more efficient alternative to traditional chemical-based cleaning methods.

In September 2023, Air Water America, a U.S.-based supplier of industrial and specialty gases, acquired American Gas Products (AGP) for an undisclosed amount. This acquisition expanded Air Water’s industrial gas portfolio by integrating AGP’s helium and specialty gas supply network with its existing atmospheric gas offerings, strengthening its ability to serve diverse industries, including manufacturing, electronics, and rubber/plastics processing across North America. AGP is a U.S.-based company providing helium and various industrial/specialty gases through its nationwide distribution network and filling stations.

Major companies operating in the industrial gases for plastic & rubber industry market are Air Products and Chemicals Inc., Airgas Inc., Messer Group, Praxair Inc., Taiyo Nippon Sanso Corp., The Linde Group, Universal Industrial Gases Inc., Yingde Gases Group Co. Ltd., Reliance Industries Limited, Bharat Petroleum, Gulf Cryo, Air Liquide S.A., Air Water Inc., Airtec Gases LLC, Buzwair Industrial Gases Factories, Cryogenic Gases Inc., DOW Chemical Company, Iwatani Corporation, Matheson Tri-Gas Inc., Showa Denko K.K.

Asia-Pacific was the largest region in the industrial gases for plastic & rubber industry market in 2025. The regions covered in the industrial gases for plastic & rubber industry market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial gases for plastic & rubber industry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial gases for plastic & rubber industry market consists of sales of oxygen, argon, ozone, neon, helium, krypton, methane. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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