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Industrial Gases Market Size to Worth USD 158.3 Billion by 2033 | With a 4.13% CAGR

02-18-2025 08:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Industrial Gases Market Size to Worth USD 158.3 Billion by 2033 |

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The industrial gases market is experiencing rapid growth, driven by Rising Demand in the Manufacturing Sector, Healthcare Applications, and Environmental Regulations. According to IMARC Group's latest research publication, "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ข๐ณ๐ž, ๐’๐ก๐š๐ซ๐ž, ๐“๐ซ๐ž๐ง๐๐ฌ, ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž, ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง, ๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐Œ๐จ๐๐ž, ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘", The global industrial gases market size reached USD 109.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 158.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.13% during 2025-2033.

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 driversย  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.

๐†๐ซ๐š๐› ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/industrial-gases-market/requestsample

๐Ž๐ฎ๐ซ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž๐ฌ:

โ— Market Dynamics
โ— Market Trends And Market Outlook
โ— Competitive Analysis
โ— Industry Segmentation
โ— Strategic Recommendations

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก 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ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ— ๐‘๐ข๐ฌ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐’๐ž๐œ๐ญ๐จ๐ซ:

The growing manufacturing activities across various industries, driven by economic development and increasing consumer demand, are necessitating a steady supply of industrial gases like oxygen, nitrogen, and hydrogen. These gases are essential for numerous manufacturing processes, such as welding, cutting, heat treatment, and chemical synthesis. Advancements in manufacturing technologies, including additive manufacturing (3D printing), semiconductor fabrication, and specialty chemicals production, further drive the demand for industrial gases. As manufacturers continually seek to enhance productivity, efficiency, and product quality, the reliance on industrial gases as a critical component of production processes is expanding.

โ— ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง๐ฌ:

The growing global population and increasing prevalence of chronic diseases are driving the demand for medical gases. Oxygen therapy is essential for patients with respiratory disorders, while nitrogen finds applications in cryotherapy and preservation of biological samples. Medical gases also play a vital role in various medical procedures, such as anesthesia, surgery, and respiratory support. The healthcare industry's focus on improving patient care and outcomes is further bolstering the demand for medical gases.

โ— ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ:

The growing focus on environmental sustainability is driving the adoption of industrial gases in various industries. Governments worldwide are imposing stringent emission standards and pollution control measures to mitigate the adverse effects of industrial activities on air and water quality. As a result, industries are increasingly turning to cleaner production processes that utilize industrial gases as alternatives to traditional methods. The shift towards hydrogen as an energy source can significantly reduce carbon emissions in industries, such as transportation and power generation. Additionally, industrial gases like carbon dioxide are used in carbon capture and storage (CCS) technologies to mitigate greenhouse gas emissions from industrial facilities. The emphasis on sustainable development and corporate responsibility is prompting industries to invest in technologies that optimize resource usage and minimize environmental footprint, thus driving the demand for industrial gases as eco-friendly solutions.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/checkout?id=827&method=502

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐†๐š๐ฌ๐ž๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ— Air Liquide S.A.
โ— Linde Group
โ— Air Products and Chemicals, Inc.
โ— Airgas, Inc.

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ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ— Nitrogen
โ— Oxygen
โ— Carbon Dioxide
โ— Argon
โ— Hydrogen
โ— Others

Nitrogen represents the largest segment as it is widely used in the food and beverage (F&B) industry for preservation and packaging purposes.

๐๐ฒ ๐’๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐Œ๐จ๐๐ž:

โ— Packaged
โ— Bulk
โ— 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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— 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.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=827&flag=C

๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

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.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ, ๐๐š๐ญ๐š, ๐จ๐ซ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐š๐ญ ๐š๐ซ๐ž ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐š๐ซ๐ž ๐ก๐š๐ฉ๐ฉ๐ฒ ๐ญ๐จ ๐š๐œ๐œ๐จ๐ฆ๐ฆ๐จ๐๐š๐ญ๐ž ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐ž๐ช๐ฎ๐ž๐ฌ๐ญ. ๐€๐ฌ ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ ๐š๐ญ๐ก๐ž๐ซ ๐š๐ง๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐, ๐ญ๐š๐ข๐ฅ๐จ๐ซ๐ž๐ ๐ญ๐จ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ. ๐๐ฅ๐ž๐š๐ฌ๐ž ๐ฅ๐ž๐ญ ๐ฎ๐ฌ ๐ค๐ง๐จ๐ฐ ๐ฒ๐จ๐ฎ๐ซ ๐ž๐ฑ๐š๐œ๐ญ ๐ง๐ž๐ž๐๐ฌ, ๐š๐ง๐ ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ž๐ง๐ฌ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐ฎ๐ฉ๐๐š๐ญ๐ž๐ ๐š๐œ๐œ๐จ๐ซ๐๐ข๐ง๐ ๐ฅ๐ฒ ๐ญ๐จ ๐ฆ๐ž๐ž๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐š๐ญ๐ข๐จ๐ง๐ฌ.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

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

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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.

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