vishalguptaimarc
Industrial Gases Market Forecast 2025 | Share, Trends, Growth Analysis 2033
Market Overview:
- The global industrial gases market size reached USD 109.4 Billion in 2024.
- The market is expected to reach USD 158.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.13% during 2025-2033.
- Asia Pacific's leads the market, accounting for the largest industrial gases market share.
- Advances in producing, purifying, and delivering industrial gases are driving market growth.
- Innovations in gas separation techniques, like cryogenic distillation, membrane separation, and pressure swing adsorption (PSA), make it possible to produce industrial gases more efficiently and at a lower cost.
- Advancements in storage and distribution systems, such as cryogenic tanks, cylinders, and pipeline networks, make it possible to supply industrial gases to end-users reliably and handle them safely.
- Digitalization and automation technologies are changing the industry by making production processes better, making operations more efficient, and allowing for real-time monitoring and control of gas supply networks.
- These advancements are improving industrial gas production, distribution, and use, helping to meet the growing demand for these essential gases in various industries.
This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.
Grab a sample PDF of this report: https://www.imarcgroup.com/industrial-gases-market/requestsample
Our report includes:
- Market Dynamics
- Market Trends And Market Outlook
- Competitive Analysis
- Industry Segmentation
- Strategic Recommendations
Request for a sample copy of this report:
Factors Affecting the Growth of the Industrial Gases Industry:
- Rising Demand in the Manufacturing Sector:
As industries grow due to economic expansion and rising consumer demand, they need a steady supply of industrial gases. These gases include oxygen, nitrogen, and hydrogen. They are crucial for many manufacturing processes. This includes welding, cutting, heat treatment, and chemical synthesis. The demand for industrial gases is also driven by new manufacturing technologies, including additive manufacturing (3D printing), semiconductor fabrication, and specialty chemical production. Manufacturers want to boost productivity, efficiency, and product quality. So, they are relying more on industrial gases in their production processes.
- Healthcare Applications:
As the world's population grows, chronic diseases are rising. This increase leads to a higher demand for essential medical gases. Oxygen therapy is vital for those with respiratory issues. Nitrogen plays a key role in cryotherapy and preserving biological samples. Medical gases are important for many procedures. They support anesthesia, surgery, and respiratory care. The healthcare industry is boosting the demand for these gases to improve patient care and outcomes.
- Environmental Regulations:
The growing focus on environmental sustainability is driving up the use of industrial gases across many industries. To reduce the harm caused by industrial activities to air and water, governments worldwide are enforcing tough emission standards and pollution controls. This shift is prompting industries to adopt cleaner production methods that rely on industrial gases instead of traditional practices. Switching to hydrogen as an energy source can greatly cut down on carbon emissions from transportation and power generation. Industrial gases, like carbon dioxide, are essential for capturing and storing carbon, which helps reduce greenhouse gas emissions from industrial facilities. As companies focus on sustainable development and corporate responsibility, they're investing in technologies that use resources wisely and cause minimal environmental damage. This shift is driving up demand for industrial gases as environmentally friendly solutions.
Leading Companies Operating in the Global Industrial Gases Industry:
- Air Liquide S.A.
- Linde Group
- Air Products and Chemicals, Inc.
- Airgas, Inc.
Industrial Gases Market Report Segmentation:
By Type:
- Nitrogen
- Oxygen
- Carbon Dioxide
- Argon
- Hydrogen
- Others
Nitrogen represents the largest segment as it is widely used in the food and beverage (F&B) industry for preservation and packaging purposes.
By Supply Mode:
- Packaged
- Bulk
- On-site
Packaged holds the biggest market share. It provides physical protection to gases, shielding them from damage, contamination, spoilage, and tampering during handling, storage, and transportation.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific's dominance in the industrial gases market is attributed to investment in research operations, leading to advanced technological developments in this field.
Research Methodology:
The report employs a comprehensive research methodology, combining primary and secondary data sources to validate findings. It includes market assessments, surveys, expert opinions, and data triangulation techniques to ensure accuracy and reliability.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
by vishalguptaimarc on 2025-03-31 09:01:29
No comments yet.