Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Industrial Gases Market Industry Trends and Global Forecasts to 2035: Distribution Type of Product, Type of Gas, Type of Technology, Type of Application, Type of End User, Type of Distribution, Company Size and Key Geographical Regions" report has been added to ResearchAndMarkets.com's offering.
The global industrial gases market size is estimated to grow from USD 102.9 billion in 2025, to USD 219.9 billion by 2035, at a CAGR of 7.15% during the forecast period, till 2035.
Industrial Gases Market: Growth and Trends
Industrial gases, such as Oxygen, Nitrogen, Hydrogen, Carbon dioxide, Acetylene, and Argon are essential gases that are manufactured and supplied for use in various industrial processes. These gases play a pivotal role in manufacturing, healthcare, food and beverage preservation, environmental protection, and numerous other industries. In addition, these offer efficiency, safety, and technological advancement. In recent years, the increasing urbanization and industrialization have fueled the demand for industrial gases among key applications.
In terms of the type of gases, oxygen is one of the leading gases due to its wide range of applications particularly, in healthcare sectors where it is largely used for critical patient care and respiratory disease treatment. In this context, the COVID-19 pandemic is one of the recent examples that has spiked oxygen demand and driven the growth of the industrial gases market around the world; this has expanded the scope of the industrial gases market which continues to rise.
The soaring construction industries are further amplifying the market opportunities with an increasing need for industrial gases. As a result, leading industrial gas companies are leveraging this opportunity and boosting their services and market reach. The industrial automation is also contributing to the growth of this market as many automated processes rely on industrial gases for wide range of applications. In addition, with the current variety of applications, new uses for these gases are also emerging with the ever-growing industries and technologies.
Due to this, numerous companies are entering the market and investing in advanced technologies and innovative solutions, such as high-purity and specialty gases for specific applications. The precious metal is another crucial segment where industrial gases play critical role, specifically in refining and processing operations. It is interesting to note that by broadening product and service offerings to cater to a wider range of industries and applications, stakeholders are driving market growth which is anticipated to continue to grow over this forecast period.
Industrial Gases Market: Key Segments
Type of Product: Atmospheric gases currently dominate due to expanding needs in healthcare for respiratory therapies and pharmaceutical production. However, process gases are expected to witness the highest CAGR owing to growing industrial applications.
Type of Gas: Oxygen is leading the market thanks to its vital applications in various sectors, notably healthcare and environmental management. Its growing demand underscores its significance in steel production and chemical manufacturing.
Type of Technology: Cryogenic air separation is favored for its high purity gas production. Meanwhile, pressure swing adsorption is anticipated to grow rapidly due to its applications in gas drying and hydrogen purification.
Type of Application: Cryogenics hold a majority share, especially in pharmaceuticals, while cutting and welding segments are set to grow at a higher pace.
Company Size: Large enterprises leverage extensive resources and infrastructure to dominate the market. However, small and medium-sized enterprises are emerging players driving innovation and technological advances.
End User: The healthcare sector is a significant contributor due to the high demand for medical oxygen, particularly amid health crises like the COVID-19 pandemic.
Distribution: Bulk transport captures the majority share as it caters to large industrial clients efficiently.
Geographical Insights
Asia-Pacific leads the market with rapid industrial growth and robust manufacturing sectors in developing countries like China and India. This region is followed by significant contributions from North America and Europe, driven by advances in manufacturing and healthcare technologies.
Key Players in Industrial Gases Market Profiled in the Report, Include:
- Air Gase
- Air Product
- Air Water Incorporation
- BASF
- Bhuruka Gases
- Bristorl Gases
- Concorde-Corodex Group
- Dubai Industrial Gases
- Ellenbarrie Industrial Gases
- Gulf Cryo
- KGaA
- Linde
- Matheson Tri-Gas
- Messer Group
- Nippon Sanso Holding
- Southern Company Gas
- Universal Industrial Gases
- Yingde GASes Group
Industrial Gases Market: Research Coverage
The report on the industrial gases market features insights on various sections, including:
- Market Sizing and Opportunity Analysis: An in-depth analysis of the industrial gases market, focusing on key market segments, including type of product, type of gas, type of technology, type of application, type of end user, type of distribution, company size, and geographical regions.
- Competitive Landscape: A comprehensive analysis of the companies engaged in the industrial gases market, based on several relevant parameters, such as year of establishment, company size, location of headquarters, ownership structure.
- Company Profiles: Profiles of prominent players engaged in the industrial gases market, providing details on location of headquarters, company size, company mission, company footprint, management team, contact details, financial information, operating business segments, industrial gases portfolio, moat analysis, recent developments, and an informed future outlook.
- SWOT Analysis: An insightful SWOT framework, highlighting the strengths, weaknesses, opportunities and threats in the domain. Additionally, it provides Harvey ball analysis, highlighting the relative impact of each SWOT parameter.
Key Questions Answered in this Report
- How many companies are currently engaged in industrial gases market?
- Which are the leading companies in this market?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
Key Topics Covered:
1. PREFACE
2. RESEARCH METHODOLOGY
3 ECONOMIC AND OTHER PROJECT SPECIFIC CONSIDERATIONS
4. MACRO-ECONOMIC INDICATORS
5. EXECUTIVE SUMMARY
6. INTRODUCTION
7. COMPETITIVE LANDSCAPE
7.1. Chapter Overview
7.2. Industrial Gases: Overall Market Landscape
7.2.1. Analysis by Year of Establishment
7.2.2. Analysis by Company Size
7.2.3. Analysis by Location of Headquarters
7.2.4. Analysis by Ownership Structure
8. COMPANY PROFILES
- BASF
- Bristorl Gases
- Dubai Industrial Gases
- Gulf Cryo
- Linde
- Matheson Tri-Gas
- Messer Group
- Nippon Sanso Holding
- Southern Company Gas
- Yingde Gases
9. VALUE CHAIN ANALYSIS
10. SWOT ANALYSIS
11. GLOBAL INDUSTRIAL GASES MARKET
11.1. Chapter Overview
11.2. Key Assumptions and Methodology
11.3. Trends Disruption Impacting Market
11.4. Global Industrial Gases Market, Historical Trends (Since 2018) and Forecasted Estimates (Till 2035)
11.5. Multivariate Scenario Analysis
11.6. Key Market Segmentations
12. MARKET OPPORTUNITIES BASED ON TYPE OF PRODUCT
13. MARKET OPPORTUNITIES BASED ON TYPE OF GAS
14. MARKET OPPORTUNITIES BASED ON TYPE OF TECHNOLOGY
15. MARKET OPPORTUNITIES BASED ON TYPE OF APPLICATION
16. MARKET OPPORTUNITIES BASED ON COMPANY SIZE
17. MARKET OPPORTUNITIES BASED ON END USER
18. MARKET OPPORTUNITIES BASED ON TYPE OF DISTRIBUTION
19. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN NORTH AMERICA
20. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN EUROPE
21. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN ASIA
22. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN MIDDLE EAST AND NORTH AFRICA (MENA)
23. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN LATIN AMERICA
24. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN REST OF THE WORLD
For more information about this report visit https://www.researchandmarkets.com/r/nhvkvx
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