Middle East Industrial Gases Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (Middle East)

Report
344 Pages
December 2023
Region: Middle East
Fairfield Market Research
ID: 5915969

The Middle East industrial gases market is experiencing unprecedented growth, with a current valuation of US$ 4.08 billion in 2024, and the market is anticipated to reach a staggering US$ 7.6 billion by 2031, according to this report.

Rising Demand Across Diverse Industries

The remarkable surge in demand for industrial gases in the Middle East can be attributed to the thriving healthcare, energy, oil & gas, metal manufacturing, and other sectors. In the healthcare sector, the use of industrial gases such as oxygen and nitrogen has seen significant growth, supporting critical medical procedures and powering essential medical devices.

Expanding Horizons

Industrial gases are not limited to healthcare alone. Their applications are wide-ranging and extend to industries like energy, oil and gas, metal manufacturing, food and beverages, electronics, and more. Additionally, the growing need for industrial gases in handling emergency medical situations presents untapped potential for industry players.

Electronics Industry on the Rise

With the increasing demand for electronic devices and the advent of technologies like 5G, the electronics industry is expected to become a substantial consumer of industrial gases in the Middle East in the coming years.

Global Manufacturing and Processing Sectors

Global manufacturing and processing sectors, including steel, glass, oil, and fiber optics, heavily rely on industrial gases. The growth of these industries in developing nations is further propelling the demand for industrial gases.

Factors Influencing Demand

One of the key factors driving the demand for industrial gases in the Middle East is the strengthening of non-oil sectors. As the region acknowledges the shift towards sustainable energy and net-zero carbon industries, investments in sectors such as automotive, pharmaceuticals, and general manufacturing are on the rise. The United Arab Emirates, Saudi Arabia, Bahrain, and Qatar are at the forefront of these investments.

Thriving Food and Beverages Industry

The Middle East is witnessing the flourishing of the food and beverages industry, driven by population growth and changes in dietary patterns. The need to package and transport food over long distances in a modified environment is boosting the use of industrial gases, especially in the carbonated drinks segment.

Challenges to Growth

Despite the remarkable growth potential, the demand for industrial gases in the Middle East faces challenges related to high logistics costs. Distribution, transportation expenses, safety concerns, labor expertise, and energy expenses are factors influencing the demand. The maintenance and enhancement of transportation methods, such as gas pipelines, tanks, and cylinders, can be both complex and costly.

GCC Countries at the Forefront

The GCC countries are leading the demand for industrial gases due to their robust infrastructure development initiatives. A significant portion of their oil and gas revenue is being invested in enhancing infrastructure to attract manufacturing and service industries, further driving the demand for industrial gases.

Strategic Geographical Advantage

The Middle East's strategic geographical location positions it as a trade bridge between Europe, Asia, and Africa. The establishment of manufacturing hubs in countries like Saudi Arabia, Egypt, Yemen, and Türkiye is expected to significantly reduce transportation expenses. Additionally, the region benefits from lower energy costs, thanks to its abundant oil and gas resources.

Competitive Landscape

The Middle East industrial gases market is moderately consolidated, featuring numerous prominent manufacturers. Intense competition encourages leading players to establish optimized distribution networks. Some manufacturers are adopting strategic approaches, including acquiring local businesses or collaborating with local distributors, to expand their market presence.

Key Companies in the Spotlight

Air Liquide Middle East
Air Products Middle East
Arabian Industrial Gases
Brothers Gas
Cryogenic Equipment & Services
Dubai Industrial Gases
Emirates Industrial Gases
GasTech Engineering Corporation
Gazprom Export
Gulf Cryo Holding
Industrial Gases Company
Juffali Chemical Products Trading
Linde Middle East
MIGC LLC
National Industrial Gas Plants
National Industrial Gases Company
Noble Gas
Praxair Middle East
Saudi Industrial Gas
Taiyo Nippon Sanso

The Middle East industrial gases market is poised for remarkable growth, driven by diverse sectors, strategic investments, and a favorable geographical location. As industries continue to expand and evolve, the demand for industrial gases in the region is set to soar, offering promising opportunities for both established and emerging players.

Middle East Industrial Gases Industry Research Segmentation

By Type:

Oxygen
Nitrogen
Helium
Acetylene
Argon
Hydrogen
Carbon Dioxide
Methane
Florine Gases
Krypton
Xenon
Others

By Supply Mode:

Pipeline
Bulk Gas Delivery
High & Low Pressure Gas Cylinders
Compressed Liquid Gas Cylinders
Microbulk Systems
Portable Bottles & Cartridges
Tube Trailers
Cryogenic Tanks & Liquid Dewars

By Application:

Metal Manufacturing and Fabrication
Healthcare
Automotive & Aerospace
Electronics
Energy, Oil & Gas
Food & Beverages
Pulp & Paper
Chemicals
Pharmaceuticals & Biotechnology
Other Industrial

By Country:

United Arab Emirates
Saudi Arabia
Qatar
Oman
Kuwait
Bahrain
Egypt
Jordan
Iraq
Türkiye
Rest of the Middle East

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1. Executive Summary

1.1. Middle East Industrial Gases Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Middle East Industrial Gases Market Outlook, 2018 - 2031

3.1. Middle East Industrial Gases Market Outlook, by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Oxygen
3.1.1.2. Nitrogen
3.1.1.3. Helium
3.1.1.4. Acetylene
3.1.1.5. Argon
3.1.1.6. Hydrogen
3.1.1.7. Carbon Dioxide
3.1.1.8. Methane
3.1.1.9. Florine Gases
3.1.1.10. Krypton
3.1.1.11. Xenon
3.1.1.12. Others
3.2. Middle East Industrial Gases Market Outlook, by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Pipeline
3.2.1.2. Bulk Gas Delivery
3.2.1.2.1. High- & Low-Pressure Gas Cylinders
3.2.1.2.2. Compressed Liquid Gas Cylinders
3.2.1.2.3. Microbulk Systems
3.2.1.2.4. Portable Bottles & Cartridges
3.2.1.2.5. Tube Trailers
3.2.1.3. Cryogenic Tanks & Liquid Dewars
3.3. Middle East Industrial Gases Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. Metal Manufacturing and Fabrication
3.3.1.2. Healthcare
3.3.1.3. Automotive & Aerospace
3.3.1.4. Electronics
3.3.1.5. Energy, Oil & Gas
3.3.1.6. Food & Beverages
3.3.1.7. Pulp & Paper Chemicals
3.3.1.8. Pharmaceuticals & Biotechnology
3.3.1.9. Other Industrial
3.3.2. BPS Analysis/Market Attractiveness Analysis
3.4. Middle East Industrial Gases Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1. Key Highlights
3.4.1.1. United Arab Emirates Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.2. United Arab Emirates Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.3. United Arab Emirates Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.4. Saudi Arabia Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.5. Saudi Arabia Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.6. Saudi Arabia Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.7. Iran Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.8. Iran Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.9. Iran Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.10. Iraq Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.11. Iraq Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.12. Iraq Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.13. South Africa Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.14. South Africa Industrial Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.15. South Africa Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.16. Egypt Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.17. Egypt Industrial Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.18. Egypt Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.19. Qatar Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.20. Qatar Industrial Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.21. Qatar Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.22. Oman Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.23. Oman Industrial Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.24. Oman Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.25. Kuwait Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.26. Kuwait Industrial Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.27. Kuwait Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.28. Rest of Middle East Industrial Gases Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.29. Rest of Middle East Industrial Gases Market by Supply Mode, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.1.30. Rest of Middle East Industrial Gases Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
3.4.2. BPS Analysis/Market Attractiveness Analysis

4. Competitive Landscape

4.1. By Application vs by Supply Mode Heat map
4.2. Manufacturer vs by Supply Mode Heatmap
4.3. Company Market Share Analysis, 2023
4.4. Competitive Dashboard
4.5. Company Profiles
4.5.1. Air Liquide
4.5.1.1. Company Overview
4.5.1.2. Product Portfolio
4.5.1.3. Financial Overview
4.5.1.4. Business Strategies and Development
4.5.2. Air Products and Chemicals
4.5.2.1. Company Overview
4.5.2.2. Product Portfolio
4.5.2.3. Financial Overview
4.5.2.4. Business Strategies and Development
4.5.3. Arabian Industrial Gases
4.5.3.1. Company Overview
4.5.3.2. Product Portfolio
4.5.3.3. Financial Overview
4.5.3.4. Business Strategies and Development
4.5.4. Brothers Gas
4.5.4.1. Company Overview
4.5.4.2. Product Portfolio
4.5.4.3. Financial Overview
4.5.4.4. Business Strategies and Development
4.5.5. Cryogenic Equipment & Services
4.5.5.1. Company Overview
4.5.5.2. Product Portfolio
4.5.5.3. Financial Overview
4.5.5.4. Business Strategies and Development
4.5.6. Dubai Industrial Gases
4.5.6.1. Company Overview
4.5.6.2. Product Portfolio
4.5.6.3. Financial Overview
4.5.6.4. Business Strategies and Development
4.5.7. Emirates Industrial Gases
4.5.7.1. Company Overview
4.5.7.2. Product Portfolio
4.5.7.3. Financial Overview
4.5.7.4. Business Strategies and Development
4.5.8. GasTech Engineering Corporation
4.5.8.1. Company Overview
4.5.8.2. Product Portfolio
4.5.8.3. Financial Overview
4.5.8.4. Business Strategies and Development
4.5.9. Industrial Gases Company
4.5.9.1. Company Overview
4.5.9.2. Product Portfolio
4.5.9.3. Financial Overview
4.5.9.4. Business Strategies and Development
4.5.10. National Industrial Gases Company
4.5.10.1. Company Overview
4.5.10.2. Product Portfolio
4.5.10.3. Financial Overview
4.5.10.4. Business Strategies and Development
4.5.11. Praxair Middle East
4.5.11.1. Company Overview
4.5.11.2. Product Portfolio
4.5.11.3. Financial Overview
4.5.11.4. Business Strategies and Development
4.5.12. Taiyo Nippon Sanso
4.5.12.1. Company Overview
4.5.12.2. Product Portfolio
4.5.12.3. Financial Overview
4.5.12.4. Business Strategies and Development
4.5.13. Noble Gas
4.5.13.1. Company Overview
4.5.13.2. Product Portfolio
4.5.13.3. Financial Overview
4.5.13.4. Business Strategies and Development
4.5.14. National Industrial Gas Plants
4.5.14.1. Company Overview
4.5.14.2. Product Portfolio
4.5.14.3. Financial Overview
4.5.14.4. Business Strategies and Development

5. Appendix

5.1. Research Methodology
5.2. Report Assumptions
5.3. Acronyms and Abbreviations

Companies Mentioned

Air Liquide Middle East and North Africa (MENA).
Linde Middle East
Air Products Middle East
Praxair Middle East and Africa
Gulf Cryo
Messer Group
Abdullah Hashim Industrial Gases & Equipment Co. Ltd.
National Industrial Gas Plants
Al Waha Petrochemicals Company
Al Khaleej Gas
Gulf Industrial Gases Co. (GIG)
Sharjah Oxygen Company (SOC)
Buzwair Industrial Gases Factories
Al Faisaliah Industrial Gases (AFIG)
Al Kafaa Ltd. for Industrial Gases
Emirates Industrial Gases Co. LLC
Emirates Industrial Gas Company
Abdullah Al-Shuwayer Group of Companies
International Gas Services Est.
Kuwait Oxygen & Acetylene Co. W.L.L.
Abu Dhabi Oxygen Company
Al Manhal Gas
Qatargas Operating Company Limited (Qatargas)
Sabic Industrial Gases
Saudi Industrial Gas Co. (SIGAS)
Technical Gas Products
Taif Industrial Gases Factory (TIGF)
Universal Industrial Gases, Inc.
Yemen LNG Company Ltd.
Air Water Middle East & Africa (AWMEA)
Taiyo Nippon Sanso

Methodology

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