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Industrial Gases Market Set to Reach USD 157.63 Billion by 2030, Growing at a CAGR of 6.72 Percentage

12-11-2024 05:26 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Industrial Gases Market

Industrial Gases Market

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 99.98 Billion in 2023 and the total Industrial Gases revenue is expected to grow at a CAGR of 6.72% from 2024 to 2030, reaching nearly USD 157.63 Billion by 2030.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ involves the production, distribution, and utilization of gases like oxygen, nitrogen, hydrogen, and argon across various industries such as healthcare, chemicals, energy, and manufacturing. The demand for these gases is growing, driven by their essential roles in industrial processes like combustion, metal production, and food preservation. Increasing industrialization, demand for clean energy, and technological advancements contribute to this market's growth.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/30958/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

Key drivers of the ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ include rapid industrial growth, the rising demand for clean energy sources, and the need for specialized gases in applications such as welding, refrigeration, and food processing. The market also benefits from innovations in gas production technologies, improving efficiency and sustainability in various industries.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Recent trends in the ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ focus on sustainability, with companies prioritizing the reduction of emissions and waste. The shift toward hydrogen fuel, particularly in transportation and energy sectors, is a major trend. Additionally, the growing adoption of cryogenic gases and the expansion of on-site gas production and delivery systems are reshaping the market dynamics.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/request-sample/30958/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's industrial gases market is witnessing rapid growth, driven by the country's booming manufacturing and chemical sectors. As local businesses expand and foreign investments increase, companies like ๐€๐ข๐ซ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ and ๐‹๐ข๐ง๐๐ž are strengthening their presence to capture emerging opportunities in this high-demand market. The country is also positioning itself as a regional hub for the production of industrial gases.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐'๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Thailand continues to experience significant growth in the industrial gases sector, with demand from the automotive, chemical, and electronics industries driving innovation. ๐๐ซ๐š๐ฑ๐š๐ข๐ซ ๐†๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ, now a part of ๐‹๐ข๐ง๐๐ž, has been involved in several strategic acquisitions in the country, increasing its production capacity and market footprint. The focus on sustainable and environmentally friendly technologies is expected to shape Thailand's future market trends.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

In Japan, market consolidation is gaining momentum, with mergers between key players like ๐Œ๐ž๐ฌ๐ฌ๐ž๐ซ ๐†๐ซ๐จ๐ฎ๐ฉ and ๐’๐ฎ๐ฆ๐ข๐ญ๐จ๐ฆ๐จ ๐’๐ž๐ข๐ค๐š ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ๐ฌ creating synergies in both supply and demand. Japan's advanced industrial sector, including electronics and automotive manufacturing, is one of the main contributors to the demand for industrial gases. Companies are increasingly focusing on enhancing gas distribution networks to improve supply efficiency.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฌ๐ฉ๐ž๐œ๐ญ๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea is witnessing a surge in demand for industrial gases driven by the growth of its semiconductor, petrochemical, and automotive sectors. ๐‡๐ฒ๐จ๐ฌ๐ฎ๐ง๐  ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง is making significant investments in hydrogen gas production, with a focus on expanding into clean energy solutions. The country's strong commitment to green technologies and sustainability positions it as a key player in the industrial gas market in Asia.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's industrial gas market is buoyed by the nation's status as a leading global business and manufacturing hub. With a focus on expanding its clean energy portfolio, Singapore presents significant growth opportunities for companies such as ๐€๐ข๐ซ ๐‹๐ข๐ช๐ฎ๐ข๐๐ž. The country's recent focus on environmental responsibility is likely to influence market trends in both the short and long term, paving the way for the adoption of innovative gas technologies.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The US market is undergoing substantial consolidation, with major players like ๐€๐ข๐ซ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ and ๐๐ซ๐š๐ฑ๐š๐ข๐ซ continuing to merge to create more robust, competitive entities. These consolidations are aimed at enhancing operational efficiency and gaining a larger share of the rapidly growing market for hydrogen and carbon dioxide. The US remains one of the largest industrial gas markets globally, thanks to its diverse industrial base.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's industrial gases market is focusing on technological advancements and sustainability. The rising demand for hydrogen as a clean energy source is particularly strong in countries like Germany and the Netherlands, with companies such as ๐‹๐ข๐ง๐๐ž and ๐€๐ข๐ซ ๐‹๐ข๐ช๐ฎ๐ข๐๐ž leading the charge. Recent developments in the region include the roll-out of new hydrogen production facilities, further pushing Europe's role as a global leader in industrial gas innovation.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/30958/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Type

Oxygen
Carbon Dioxide
Nitrogen
Hydrogen
Noble Gas
Helium
Argon
Others (Neon, Krypton, Xenon, and Radon)
Others

by End Use Industry

Cement Industry
Mining Industry
Power Generation
Chemical Industry
Metallurgy
Others

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. AGA AB
2. Airgas
3. Air Liquide
4. Air Products and Chemicals
5. BASF SE
6. BOC
7. Gulf Cryo
8. The Linde Group
9. Messer Group
10. MOX-Linde Gases
11. Praxair
12. Nippon Gases
13. Matheson Tri-Gas
14. Rotarex
15. Universal Industrial Gases
16. Dubai Industrial Gases
17. Bristol Gases
18. INOX-Air Products Inc.
19. Iwatani Corp.
20. SOL Group

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-industrial-gases-market/30958/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Past Market Size and Competitive Landscape
โ€ข Industrial Gases Market Size, Share, Size & Forecast by different segment
โ€ข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
โ€ข Industrial Gases Market Segmentation - A detailed analysis by Product
โ€ข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
โ€ข Competitive landscape - Market Leaders, Market Followers, Regional player
โ€ข Competitive benchmarking of key players by region
โ€ข PESTLE Analysis
โ€ข PORTER's analysis
โ€ข Value chain and supply chain analysis
โ€ข Legal Aspects of business by region
โ€ข Lucrative business opportunities with SWOT analysis
โ€ข Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Action Camera Market https://www.maximizemarketresearch.com/market-report/global-action-camera-market/100070/

โ™ฆDeep Learning Market https://www.maximizemarketresearch.com/market-report/global-deep-learning-market/25018/

โ™ฆMarketing Resource Management Market https://www.maximizemarketresearch.com/market-report/global-marketing-resource-management-market/116636/

โ™ฆAutomotive Composites Market https://www.maximizemarketresearch.com/market-report/automotive-composites-market/12768/

โ™ฆAutomotive Energy Recovery Systems Market https://www.maximizemarketresearch.com/market-report/automotive-energy-recovery-systems-market/11088/

โ™ฆCar Care Products Market https://www.maximizemarketresearch.com/market-report/global-car-care-products-market/25224/

โ™ฆLight Field Market https://www.maximizemarketresearch.com/market-report/light-field-market/1701/

MAXIMIZE MARKET RESEARCH PVT. LTD.

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The City Gas Distribution report is an in-depth examination of the global City Gas Distribution's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global City Gas Distribution industry, as well as market segmentation, competition, and the macroeconomic climate. A complete City Gas Distribution analysis takes into account a number of aspects, including a country's population and business cycles, asโ€ฆ
04-07-2020 | IT, New Media & Software
Market Reports World
Know about City Gas Distribution Market Growth with Top Companies details like: โ€ฆ
The City Gas Distribution Market 2020-2024 Report involve of strong research on global City Gas Distribution industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global City Gas Distribution market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide City Gas Distributionโ€ฆ
09-30-2019 | IT, New Media & Software
Orian Research
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, โ€ฆ
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/1011059 City Gas Distribution Industry 2019 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. This reportโ€ฆ
06-17-2019 | Energy & Environment
ReportsWeb
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - โ€ฆ
Global City Gas Distribution Market Research Report consists of all the significant data related to the global market. The report presents a comprehensive analysis of the various industry growth factors, including the market trends, dynamics, estimates, production and consumption ratio, industry development factors, size, share, supply and demand, forecast trends, sales, as well as several other factors. The report has been generated leveraging a blend of the primary and secondaryโ€ฆ
09-18-2018 | Energy & Environment
WISE GUY RESEARCH CONSULTANTS PVT LTD
Global City Gas Distribution Market 2018: Key Players โ€“ Gujarat Gas, Indrapras โ€ฆ
Summary WiseGuyReports.com adds โ€œCity Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023โ€ reports to its database. This report provides in depth study of โ€œCity Gas Distribution Marketโ€ using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of anโ€ฆ
09-10-2018 | Industry, Real Estate & Constr โ€ฆ
QY Research Groups
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa โ€ฆ
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. The report Global City Gas Distribution Market 2018 focuses on fundamental know-how of City Gas Distribution segment. The report provides comprehensive study and vivid description of drivers, limitations, openings, request factors, market size, conjectures, and patterns in the Worldwideโ€ฆ