Press release
Prominent Industrial Gas Market Trend for 2025: Industrial gas companies are increasingly supplying carbon dioxide emitted from industrial facilities to greenhouses. CO2 emitted from power plants and refineries is stored in local capacities and empty natu
Industrial Gas
The healthcare sector is witnessing continuous advancements, focusing more on improving overall health and quality of life. Besides oxygen, there is an escalated preparation of nitrous oxide, nitric oxide, and other industrial gases like hydrogen, helium, and xenon for their incorporation in pharmaceutical products. Induced pluripotent stem cells (IPS) are opening up new avenues in treatment and drug development, adding more value to the medical industry. The application of gas-based systems utilizing carbon dioxide and liquid nitrogen, essential for the growth and conservation of cells and tissues, has led to an increased demand for superior-quality industrial gases.
Get Your Industrial Gas Market Report Here:
https://www.thebusinessresearchcompany.com/report/industrial-gas-global-market-report
What is the future CAGR of the industrial gas market, and how will it impact industry expansion?
The market size of industrial gas has witnessed a swift expansion in the past few years. It is projected to raise from $166.67 billion in 2024 to $190.19 billion in 2025, with a compound annual growth rate (CAGR) of 14.1%. The historical growth has been driven by industrial and manufacturing development, the progress of the energy sector, needs of the healthcare industry, international commerce and globalization, environmental policy and development of infrastructure.
Over the coming years, the industrial gas market is anticipated to experience significant expansion, with a projected value of $308.83 billion by 2029, reflecting a compound annual growth rate (CAGR) of 12.9%. The predicted growth during this period is due to the increasing shift towards green energy, the expansion of the electronics industry, advancements in carbon capture and storage, development in the hydrogen economy, as well as growth in the aerospace industry and space exploration. Moreover, other key trends that are set to shape the forecast period include growth in the biotech and pharmaceutical sectors, advancements in manufacturing technologies, technological progress, expansion of the medical gases market, and the development of the liquefied natural gas (LNG) market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3582&type=smp
What are the most significant trends transforming the industrial gas market today?
Companies that deal with industrial gases are progressively delivering carbon dioxide, which is produced at industrial factories, to greenhouses. This CO2, after being emitted from power plants and refineries, is stored onsite in available areas or barren natural gas fields and is thereafter transported to greenhouses via pipeline systems. This arrangement functions as a smart method of CO2 recycling and aids in lessening the carbon impact made by greenhouses. For instance, Linde gathers carbon dioxide emitted from the Shell oil refinery close to Rotterdam, Netherlands, and dispenses it to about 580 greenhouses in both Rotterdam and Amsterdam. As a result, it curtails the burning of 115 million cubic meters of natural gas, avoiding the emission of 205,000 tons of CO2 every year.
Which key market segments comprise the industrial gas market and drive its revenue growth?
The industrial gas market covered in this report is segmented -
1) By Type: Nitrogen, Oxygen, Carbon Dioxide, Hydrogen, Other Industrial Gas
2) By Mode of Supply: Bulk, Packaging, Pipe Line
3) By Packaging: Cylinders, Bottles, Canisters, Cartridges, Cryogenic Tanks Or Vessels, Other Packagings
4) By End User Industry: Chemicals, Metallurgy, Manufacturing, Food And Beverage, Healthcare, Other End-User Industries
Subsegments:
1) By Nitrogen: Liquid Nitrogen, Gaseous Nitrogen
2) By Oxygen: Liquid Oxygen, Gaseous Oxygen
3) By Carbon Dioxide: Liquid Carbon Dioxide, Gaseous Carbon Dioxide
4) By Hydrogen: Gaseous Hydrogen, Liquid Hydrogen
5) By Other Industrial Gas: Argon, Acetylene, Helium, Neon, Other Specialty Gases
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3582
What regions are at the forefront of industrial gas market expansion?
Asia-Pacific was the largest region in the industrial gas market in 2024. North America was the second-largest region in the industrial gas market. The regions covered in the industrial gas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the industrial gas market?
Major companies operating in the industrial gas market include Asia Technical Gas Co. Pte. Ltd., Universal Industrial Gases Inc., BASF SE, Mitsubishi Chemical Holdings Corporation, Linde GmbH, Air Liquide S.A.S., Air Products and Chemicals Inc., Showa Denko K.K., Taiyo Nippon Sanso & Co. Ltd., Air Water Inc., Airgas Inc., Iwatani Corporation, Messer Group GmbH, Matheson Tri-Gas Inc., SOL S.p.A., Nippon Gases, Ellenbarrie Industrial Gases, Yingde Gases Group Co. Ltd., SIAD Group, Blue Star Limited, Gulf Cryo, nexAir LLC, Sapio Group, PT Samator Indo Gas TBK, SIG Gases Berhad, Gases Plus, Bhuruka Gases Limited
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=3582&type=smp
What Is Covered In The Industrial Gas Global Market Report?
•Market Size Forecast: Examine the industrial gas market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the industrial gas market for a structured understanding.
•Key Players Overview: Analyze major players in the industrial gas market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial gas market.
•Segment Contributions: Evaluate how different segments drive overall growth in the industrial gas market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial gas market.
•Industry Challenges: Identify potential risks and obstacles affecting the industrial gas market.
•Competitive Landscape: Review strategic developments in the industrial gas market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Prominent Industrial Gas Market Trend for 2025: Industrial gas companies are increasingly supplying carbon dioxide emitted from industrial facilities to greenhouses. CO2 emitted from power plants and refineries is stored in local capacities and empty natu here
News-ID: 3908550 • Views: …
More Releases from The Business Research Company
Analysis of Key Market Segments Influencing the Extraterrestrial Legal Systems M …
Exploring the Future of Extraterrestrial Legal Systems
As humanity advances its presence beyond Earth, the need for specialized legal frameworks governing activities in outer space is becoming increasingly critical. The extraterrestrial legal systems market is set to expand rapidly, driven by the complexities of managing property rights, regulatory compliance, and dispute resolution in off-world environments. Let's delve into the anticipated market value, key players, significant trends, and the main segments shaping…
Emerging Growth Trends Driving Expansion in the Explosion Proof Cabins Market
The explosion proof cabins market is set to experience significant growth over the coming years, driven by increasing industrial safety demands and technological advancements. This market's evolution is shaped by emerging materials, innovative designs, and expanding applications, which all contribute to the rising adoption of explosion-resistant cabins in hazardous environments.
Forecast of the Explosion Proof Cabins Market Size by 2030
The explosion proof cabins market is projected to reach a value of…
Market Structure, Emerging Trends, and Key Player Analysis of the Electronic Pay …
The electronic payload fairing separation system market is poised for impressive expansion as innovations and technological advancements continue to reshape space launch operations. This report delves into the anticipated market size, key players, emerging trends, and segment classifications, offering a comprehensive overview of this specialized aerospace sector.
Projected Market Size and Growth Trajectory for Electronic Payload Fairing Separation Systems
The market for electronic payload fairing separation systems is forecasted to achieve substantial…
Leading Companies Fueling Growth and Innovation in the Dual Mode Microwave Seeke …
The dual mode microwave seeker market is positioned for significant expansion over the coming years, driven by a range of technological advancements and increasing defense requirements. This segment plays a crucial role in modern warfare and missile guidance, with innovation and integration shaping its future trajectory. Let's explore the current market size, key drivers, major players, and segmentation of this specialized industry.
Projected Market Growth for the Dual Mode Microwave Seeker…
More Releases for Gas
City Gas Distribution Market 2022 key developmental strategies implemented by th …
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, as…
Know about City Gas Distribution Market Growth with Top Companies details like: …
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 Distribution…
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, …
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 report…
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - …
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 secondary…
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary
WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “City Gas Distribution Market” 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 an…
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa …
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 Worldwide…
