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Industrial Gases Market Report 2025

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    Report

  • 200 Pages
  • February 2025
  • Region: Global
  • The Business Research Company
  • ID: 5940048
The industrial gases market size has grown strongly in recent years. It will grow from $104.7 billion in 2024 to $112.38 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to introduction of energy storage solutions, expansion of environmental regulations, development in glass manufacturing, adoption in food processing, pioneering industrial gas companies.

The industrial gases market size is expected to see strong growth in the next few years. It will grow to $149.19 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to digitalization and industry 4.0, increased focus on clean transportation, advancements in environmental regulations, expansion in oil refining and petrochemicals, growth in metal fabrication. Major trends in the forecast period include adoption in environmental testing, expansion in LNG production, integration in aerospace and aviation, focus on carbon capture and storage, demand from electronics industry.

The industrial gases market is poised for growth due to the increasing utilization of industrial gases in the oil and gas industry. The global oil and gas sector, engaged in activities ranging from exploration and extraction to refining and distribution of petroleum products, is incorporating industrial gases for various purposes. These applications include boosting production, employing gas lift techniques to enhance oil extraction, and utilizing gas purging and blanketing processes for safety in refining. Additionally, industrial gases play a vital role in inerting to prevent explosions, gas detection for ensuring a safe working environment, cryogenic applications in the storage and transportation of natural gas, and welding and cutting processes. Notably, the International Energy Agency reported a substantial jump in the profits of the global oil and gas industry to $4 trillion in 2022 from an average of $1.5 trillion. This increasing application of industrial gases in the oil and gas industry is a key driver of the industrial gases market's growth.

The expansion of international trade is anticipated to drive growth in the industrial gas market in the future. International trade involves the exchange of goods and services across national borders, and industrial gases are traded and distributed globally to support various industries and improve the productivity and quality of goods and services. For example, in March 2024, Stats NZ, a New Zealand-based information services company, reported that services exports rose by $1.3 billion, reaching $7.1 billion in the December 2023 quarter compared to the same period in 2022. Thus, the growth of international trade is fueling the industrial gases market.

Major companies are concentrating on innovation to gain a competitive edge. One such innovation includes the development of static mixers for sustainable hydrogen and natural gas mixing. Tormene Group, an Italy-based provider of engineering services, launched the GreenBoost, a patented static mixer designed for efficient blending of hydrogen and natural gas, addressing the critical issue of reducing greenhouse gas emissions. This mixer ensures a uniform gas mixture while minimizing hydrogen overpressure, enabling the direct consumption of hydrogen generated by electrolyzers.

Major companies are investing in advanced devices such as industrial gas detectors to enhance workplace safety and profitability. For instance, in December 2023, CO2Meter, a US-based company specializing in scientific devices, introduced the CM-900 industrial gas detector designed to measure oxygen or carbon dioxide (CO2) for personnel safety in proximity to hazardous gases. The CM-900 features an environmentally adaptive industrial enclosure suitable for harsh environments, including wash-down conditions, and includes audible and visual alarms to alert of unsafe conditions.

In September 2022, Abdullah Hashim Industrial Gases & Equipment Co. Ltd. (AHG), based in Saudi Arabia, acquired Air Liquide Al Khafrah Industrial Gases (ALKIG) for an undisclosed amount. This acquisition strengthens AHG's capabilities in industrial gases, expanding regional reach and enhancing product sourcing and reliability to better serve customers. ALKIG, based in Saudi Arabia, is a manufacturer of industrial gases, encompassing liquid bulk, packaged gases, and specialty gases in the Kingdom of Saudi Arabia.

Major companies operating in the industrial gases market include BASF SE, Linde plc, Air Liquide S.A., Atlas Copco, The Southern Gas Ltd., Air Products and Chemicals Inc., Taiyo Nippon Sanso Corporation, Ingersoll Rand, Iwatani Corporation, National Gases Ltd., Matheson Tri-Gas Inc., Sicgil Industrial Gases, SOL S.p.A., Messer Group GmbH, Horiba Ltd., Praxair Technology Inc., Gulf Cryo LLC, Norco Inc., Greco Gas, Western International Gas & Cylinders Inc., Holston Gases Inc., Indiana Oxygen Company, Weldstar, Sutton-Garten Co., Butler Gas Products Company, Eureka Oxygen Co, American Gas Products.

Asia-Pacific was the largest region in the industrial gases market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial gases market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial gases market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Industrial gases are gaseous substances produced for a range of industrial applications, including manufacturing, healthcare, and energy. They are utilized in processes such as welding, food processing, and pharmaceuticals, improving operational efficiency, product quality, and safety, while also minimizing environmental impact.

The primary product types of industrial gases include oxygen, nitrogen, hydrogen, carbon dioxide, acetylene, and argon. Hydrogen, for example, is a highly flammable and odorless gas extensively used in industrial processes such as petroleum refining, ammonia production, and the manufacturing of methanol and other chemicals. These industrial gases find diverse applications, including packaging, coolant, carbonation, cryogenic processes, cutting and welding, laboratory use, and air separation, among others. The distribution channels for these gases include on-site production, bulk delivery, and cylinder supply. Various end-users, such as metallurgy, healthcare, chemicals, food and beverage, oil and gas, power generation, pulp and paper, electronics, and others, utilize industrial gases in their processes.

The industrial gases market research report is one of a series of new reports that provides industrial gases market statistics, including industrial gases industry global market size, regional shares, competitors with an industrial gases market share, detailed industrial gases market segments, market trends, and opportunities, and any further data you may need to thrive in the industrial gases industry. This industrial gases market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial gases market consists of sales of compressed gases, liquified gases, refrigerant gases, specialty gases, and fuel gases. 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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Table of Contents

1. Executive Summary2. Industrial Gases Market Characteristics3. Industrial Gases Market Trends and Strategies4. Industrial Gases Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market
5. Global Industrial Gases Growth Analysis and Strategic Analysis Framework
5.1. Global Industrial Gases PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis of End Use Industries
5.3. Global Industrial Gases Market Growth Rate Analysis
5.4. Global Industrial Gases Historic Market Size and Growth, 2019-2024, Value ($ Billion)
5.5. Global Industrial Gases Forecast Market Size and Growth, 2024-2029, 2034F, Value ($ Billion)
5.6. Global Industrial Gases Total Addressable Market (TAM)
6. Industrial Gases Market Segmentation
6.1. Global Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Oxygen
  • Nitrogen
  • Hydrogen
  • Carbon dioxide
  • Acetylene
  • Argon
6.2. Global Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Packaging
  • Coolant
  • Carbonation
  • Cryogenic
  • Cutting and Welding
  • Laboratory
  • Air Separation
  • Other Applications
6.3. Global Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • On-Site
  • Bulk
  • Cylinder
6.4. Global Industrial Gases Market, Segmentation by End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Metallurgy
  • Healthcare
  • Chemical
  • Food and Beverage
  • Oil and Gas
  • Power
  • Pulp and Paper
  • Electronics
  • Other End Users
6.5. Global Industrial Gases Market, Sub-Segmentation of Oxygen, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Medical Oxygen
  • Industrial Oxygen
  • High-Purity Oxygen
6.6. Global Industrial Gases Market, Sub-Segmentation of Nitrogen, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Liquid Nitrogen
  • Gaseous Nitrogen
  • Nitrogen For Food Preservation
6.7. Global Industrial Gases Market, Sub-Segmentation of Hydrogen, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Hydrogen For Fuel Cells
  • Hydrogen For Refining
  • Industrial Hydrogen
6.8. Global Industrial Gases Market, Sub-Segmentation of Carbon Dioxide, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Liquid Carbon Dioxide
  • Dry Ice
  • Carbon Dioxide For Beverage Carbonation
6.9. Global Industrial Gases Market, Sub-Segmentation of Acetylene, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Acetylene For Welding
  • Acetylene For Chemical Synthesis
6.10. Global Industrial Gases Market, Sub-Segmentation of Argon, by Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Argon For Welding
  • Argon For Lighting and Electronics
  • High-Purity Argon
7. Industrial Gases Market Regional and Country Analysis
7.1. Global Industrial Gases Market, Split by Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Industrial Gases Market, Split by Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Industrial Gases Market
8.1. Asia-Pacific Industrial Gases Market Overview
  • Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Industrial Gases Market
9.1. China Industrial Gases Market Overview
9.2. China Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Industrial Gases Market
10.1. India Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Industrial Gases Market
11.1. Japan Industrial Gases Market Overview
11.2. Japan Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Industrial Gases Market
12.1. Australia Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Industrial Gases Market
13.1. Indonesia Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Industrial Gases Market
14.1. South Korea Industrial Gases Market Overview
14.2. South Korea Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Industrial Gases Market
15.1. Western Europe Industrial Gases Market Overview
15.2. Western Europe Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Industrial Gases Market
16.1. UK Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Industrial Gases Market
17.1. Germany Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Industrial Gases Market
18.1. France Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Industrial Gases Market
19.1. Italy Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Industrial Gases Market
20.1. Spain Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Industrial Gases Market
21.1. Eastern Europe Industrial Gases Market Overview
21.2. Eastern Europe Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Industrial Gases Market
22.1. Russia Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Industrial Gases Market
23.1. North America Industrial Gases Market Overview
23.2. North America Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Industrial Gases Market
24.1. USA Industrial Gases Market Overview
24.2. USA Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Industrial Gases Market
25.1. Canada Industrial Gases Market Overview
25.2. Canada Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Industrial Gases Market
26.1. South America Industrial Gases Market Overview
26.2. South America Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Industrial Gases Market
27.1. Brazil Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Industrial Gases Market
28.1. Middle East Industrial Gases Market Overview
28.2. Middle East Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Industrial Gases Market
29.1. Africa Industrial Gases Market Overview
29.2. Africa Industrial Gases Market, Segmentation by Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Industrial Gases Market, Segmentation by Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Industrial Gases Market, Segmentation by Distribution, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Industrial Gases Market Competitive Landscape and Company Profiles
30.1. Industrial Gases Market Competitive Landscape
30.2. Industrial Gases Market Company Profiles
30.2.1. BASF SE Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Linde plc Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Air Liquide S.A. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Atlas Copco Overview, Products and Services, Strategy and Financial Analysis
30.2.5. The Southern Gas Ltd. Overview, Products and Services, Strategy and Financial Analysis
31. Industrial Gases Market Other Major and Innovative Companies
31.1. Air Products and Chemicals Inc.
31.2. Taiyo Nippon Sanso Corporation
31.3. Ingersoll Rand
31.4. Iwatani Corporation
31.5. National Gases Ltd.
31.6. Matheson Tri-Gas Inc.
31.7. Sicgil Industrial Gases
31.8. SOL S.p.A.
31.9. Messer Group GmbH
31.10. Horiba Ltd.
31.11. Praxair Technology Inc.
31.12. Gulf Cryo LLC
31.13. Norco Inc.
31.14. Greco Gas
31.15. Western International Gas & Cylinders Inc.
32. Global Industrial Gases Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Industrial Gases Market34. Recent Developments in the Industrial Gases Market
35. Industrial Gases Market High Potential Countries, Segments and Strategies
35.1 Industrial Gases Market in 2029 - Countries Offering Most New Opportunities
35.2 Industrial Gases Market in 2029 - Segments Offering Most New Opportunities
35.3 Industrial Gases Market in 2029 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Industrial Gases Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on industrial gases market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

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  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for industrial gases? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial gases market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Product: Oxygen; Nitrogen; Hydrogen; Carbon dioxide; Acetylene; Argon
2) By Application: Packaging; Coolant; Carbonation; Cryogenic; Cutting and Welding; Laboratory; Air Separation; Other Applications
3) By Distribution: On-Site; Bulk; Cylinder
4) By End User: Metallurgy; Healthcare; Chemical; Food and Beverage; Oil and Gas; Power; Pulp and Paper; Electronics; Other End Users

Subsegments:

1) By Oxygen: Medical Oxygen; Industrial Oxygen; High-Purity Oxygen
2) By Nitrogen: Liquid Nitrogen; Gaseous Nitrogen; Nitrogen For Food Preservation
3) By Hydrogen: Hydrogen For Fuel Cells; Hydrogen For Refining; Industrial Hydrogen
4) By Carbon Dioxide: Liquid Carbon Dioxide; Dry Ice; Carbon Dioxide For Beverage Carbonation
5) By Acetylene: Acetylene For Welding; Acetylene For Chemical Synthesis
6) By Argon: Argon For Welding; Argon For Lighting and Electronics; High-Purity Argon

Key Companies Mentioned: BASF SE; Linde plc; Air Liquide S.A.; Atlas Copco; the Southern Gas Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • BASF SE
  • Linde plc
  • Air Liquide S.A.
  • Atlas Copco
  • The Southern Gas Ltd.
  • Air Products and Chemicals Inc.
  • Taiyo Nippon Sanso Corporation
  • Ingersoll Rand
  • Iwatani Corporation
  • National Gases Ltd.
  • Matheson Tri-Gas Inc.
  • Sicgil Industrial Gases
  • SOL S.p.A.
  • Messer Group GmbH
  • Horiba Ltd.
  • Praxair Technology Inc.
  • Gulf Cryo LLC
  • Norco Inc.
  • Greco Gas
  • Western International Gas & Cylinders Inc.
  • Holston Gases Inc.
  • Indiana Oxygen Company
  • Weldstar
  • Sutton-Garten Co.
  • Butler Gas Products Company
  • Eureka Oxygen Co
  • American Gas Products

Table Information