Industrial Gases Market Size, Share, Trends | Growth Report
Fortune Business Insights™ has released an in-depth "Industrial Gases market share 2025 Research Report" evaluating market size, trends, and forecasts up to 2032. This comprehensive analysis provides stakeholders with valuable insights into the competitive landscape, enabling them to adjust business strategies effectively.
The global industrial gases market size was valued at USD 99.97 billion in 2023 and is projected to be worth USD 105.82 billion in 2024 and reach USD 255.51 billion by 2032, exhibiting a CAGR of 11.65% during the forecast period. The Asia Pacific dominated the industrial gases market with a share of 31.24% in 2023. The Industrial Gases market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.93 billion by 2032, driven by the growing demand from emerging applications like medical treatments, manufacturing, semiconductors, and food & beverage.
The Industrial Gases Market Report 2025 offers a detailed examination of business opportunities, growth drivers, and trend analysis segmented by Application, Type, and Regions (North America, Europe, Asia-Pacific, South America, Middle East, and Africa).
By Gas Type
Oxygen
Nitrogen
Carbon Dioxide
Hydrogen
Argon
Others
By Application
Packaging
Coolant
Carbonation
Cryogenic
Cutting & Welding
Laboratory
Air Separation
Others
By End User
Metallurgy
Healthcare
Chemical
Food and beverage
Oil & Gas
Power
Pulp and Paper
Electronics
Water Treatment
Mining
Others
This segmentation ensures accurate calculations and forecasts for sales volume and value, helping businesses target niche markets effectively.
The report highlights the strategies of top companies, including mergers, acquisitions, and expansions within the Industrial Gases market. Global leaders in the Industrial Gases market are ranked by revenue, with a focus on their regional presence and product offerings.
The Industrial Gases market demonstrates robust growth potential, with Europe anticipated to exhibit the highest CAGR. Key regions like North America and Asia-Pacific are also significant contributors to market growth.
Fortune Business Insights™ employs a rigorous research methodology that includes:
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For detailed insights and a copy of the Industrial Gases Market Research Report 2025, reach out to Fortune Business Insights™: