Industrial Gases for Plastic & Rubber Industry Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Industrial Gases for Plastic & Rubber Industry Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Industrial Gases for Plastic & Rubber Industry Market Size and Its Estimated Growth Rate?
The market size for industrial gases utilized in the plastic and rubber industry has been experiencing robust growth in the last few years. It is projected to increase from $7.24 billion in 2024 to a value of $7.67 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. The significant growth observed in the historical period can be linked to the expansion of the plastic and rubber industry, an escalating demand for plastic and rubber products, the emphasis on sustainable manufacturing, the globalization of supply chains, the advancement of specialty gases, and changing regulatory standards.

We anticipate a considerable surge in the market size for industrial gases used in the plastic and rubber industry within the next few years. The predicted value for 2029 is $10.27 billion with a compound annual growth rate (CAGR) of 7.6%. Various factors can be linked to the projected growth in this period, such as the emphasis on energy efficiency, the need for high-performance polymers, the boom in the automobile production sector, the focus on a circular economy, the enlarged usage of composites, the shift to bio-based plastics, and the global trends in packaging materials. The forecast period will also see predominant trends like the deployment of cryogenic gases for cooling and freezing, the increasing application of hydrogen in polyethylene production, the focus on foam manufacturing with industrial gases, the integration of automation and control systems, and tailored gas solutions for specific applications.

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How Are Emerging Segments Shaping the Industrial Gases for Plastic & Rubber Industry Market Landscape?
The industrial gases for plastic & rubber industry market covered in this report is segmented -

1) By Gas Type: Nitrogen, Carbon Monoxide, Carbon Dioxide
2) By Storage And Distribution And Transportation: Cylinder And Packaged Gas Distribution, Merchant Liquid Distribution, Tonnage Distribution
3) By Process: Injection Molding, Extrusion, Foaming, Blow Molding
4) By End-Use: Plastic Industry, Rubber Industry

Subsegments:
1) By Nitrogen: Purity Levels, Form
2) By Carbon Monoxide: Purity Levels, Applications
3) By Carbon Dioxide: Purity Levels, Form, Applications

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Which Growth Factors Are Influencing Industrial Gases for Plastic & Rubber Industry Market Expansion?
The escalation of infrastructural development initiatives is anticipated to stimulate the growth of the industrial gases used in the plastic and rubber industry market. The necessary foundational services provided by infrastructure development are pivotal for fostering economic growth and enhancing living standards. Governments around the globe are escalating their investments in infrastructural development. Consequently, with the rise in infrastructure development, the demand for rubber and plastic components, extensively used in these activities, also escalates. In the UK, the Infrastructure and Projects Authority reported in February 2024 that the planned investment of £164 billion in major construction and infrastructure projects for 2024/25 is higher than it was in 2023/24, signaling robust economic expansion. It is estimated that the total projected investments for the coming decade will range from £700 billion to £775 billion. Therefore, the industrial gases market for the plastic and rubber industry is experiencing growth propelled by increased activity in infrastructural development.

Who Are the Dominant Players Across Different Industrial Gases for Plastic & Rubber Industry Market Segments?
Major companies operating in the industrial gases for plastic & rubber industry market are Air Products and Chemicals Inc., Airgas Inc., Messer Group, Praxair Inc., Taiyo Nippon Sanso Corp., The Linde Group, Universal Industrial Gases Inc., Yingde Gases Group Co. Ltd., Reliance Industries Limited, Bharat Petroleum, Gulf Cryo, Rotarex, Air Liquide S.A., Air Water Inc., Airtec Gases LLC, Buzwair Industrial Gases Factories, Chemours Company, Cryogenic Gases Inc., DOW Chemical Company, Iwatani Corporation, Matheson Tri-Gas Inc., Showa Denko K.K.

What Are the Latest Developing Trends in the Industrial Gases for Plastic & Rubber Industry Market?
The focus of major companies in the industrial gases for plastic and rubber industry market is on the development of innovative technological solutions, one such solution being cryogenic cleaning systems, in a bid to increase efficiency and lessen environmental impact in various manufacturing processes. A system of cleaning that uses extreme low temperatures to clean surfaces and materials, cryogenic cleaning often involves the application of cryogenic media like liquid nitrogen or carbon dioxide that is converted into gas and then used to clean the target surface. To illustrate, in 2024, CRYOCLEAN Cleaning Technologies, an American company known for their avant-garde cleaning solutions, unveiled its ground-breaking cryogenic cleaning system. This state-of-the-art system leverages cryogenic technology to offer a safer and more optimized alternative to conventional cleaning techniques that usually require the use of harmful chemicals and intensive labor. Apart from offering superior cleaning results, the CRYOCLEAN system also significantly reduces environmental impact, making it a preferred choice for a multitude of industrial uses.

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Which Geographic Regions Are Expected to Dominate the Industrial Gases for Plastic & Rubber Industry Market in the Coming Years?
Asia-Pacific was the largest region in the industrial gases for plastic & rubber industry market in 2024. The regions covered in the industrial gases for plastic & rubber industry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Gases for Plastic & Rubber Industry Market?
2. What is the CAGR expected in the Industrial Gases for Plastic & Rubber Industry Market?
3. What Are the Key Innovations Transforming the Industrial Gases for Plastic & Rubber Industry Industry?
4. Which Region Is Leading the Industrial Gases for Plastic & Rubber Industry Market?

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