Navigating the Future: Industrial Gases for Plastic & Rubber Industry Market Trends and Forecast Insights, 2025 Edition

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Industrial Gases for Plastic & Rubber Industry Market Size Growth Forecast: What to Expect by 2025?
The market size for industrial gases used in the plastic and rubber industry has seen a robust growth in the last few years. It's expected to rise from $7.24 billion in 2024 to $7.67 billion in 2025, marking a compound annual growth rate (CAGR) of 5.9%. The historical growth can be credited to the expansion of the plastic and rubber industry, a surge in demand for plastic and rubber products, a focus on sustainable production processes, globalization of supply chains, the emergence of specialty gases, and evolving regulatory standards.

How Will the Industrial Gases for Plastic & Rubber Industry Market Size Evolve and Grow by 2029?
The market size for industrial gases in the plastic & rubber industry is anticipated to experience robust growth in the forthcoming years, reaching a size of $10.27 billion in 2029 with a compound annual growth rate (CAGR) of 7.6%. This predicted increase over the projected period is due to factors such as the emphasis on energy efficiency, the demand for high-performance polymers, increased automobile manufacturing, attention to the circular economy, escalated usage of composites, the shift towards bio-based plastics, and worldwide packaging material trends. Noteworthy trends in the projected period encompass the adoption of cryogenic gases for cooling and freezing purposes, an increased application of hydrogen in the creation of polyethylene, a focus on foam fabrication with industrial gases, the amalgamation of automation and control systems, and tailored gas solutions for specific use cases.

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What Drivers Are Propelling the Growth of Industrial Gases for Plastic & Rubber Industry Market Forward?
The surge in activities associated with infrastructural development is predicted to fuel the growth of the industrial gases for the plastic and rubber industry. Such development plays a critical role in catalyzing economic growth and improving living standards as it necessitates foundational services. Governments worldwide are channeling more funds into infrastructure development, leading to an increased demand for plastic and rubber components that are indispensable in such activities. For instance, the UK Infrastructure and Projects Authority announced in February 2024, that the planned investment in crucial infrastructure and construction projects for 2024/25, totaling £164 billion, surpassed that of the previous year, demonstrating a strong economic expansion. Projections for the succeeding decade estimate total investments between £700 billion and £775 billion. Consequently, the burgeoning activities in infrastructural development are driving the growth of the market for industrial gases for the plastic and rubber industry.

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Which Emerging Trends Are Transforming the Industrial Gases for Plastic & Rubber Industry Market in 2025?
Leading enterprises within the industrial gases for plastic and rubber industry sector are concentrating on creating innovative tech-based solutions like cryogenic cleaning systems to bolster efficiency and soften the environmental footprint during manufacturing. Cryogenic cleaning revolves around the use of exceedingly low temperatures to purify surfaces and materials, frequently implementing cryogenic media such as liquid nitrogen or carbon dioxide, which converts into gas aimed at the surface requiring cleaning. For example, in 2024, CRYOCLEAN Cleaning Technologies, a US firm renowned for advanced cleaning solutions, introduced its latest cryogenic cleaning system. This cutting-edge system employs cryogenic technology as a more secure and efficient substitute to conventional cleaning methods that usually encompass harsh chemicals and labor-intensive processes. The CRYOCLEAN system delivers superior cleaning efficacy while reducing the environmental strain, rendering it an excellent option for a range of industrial uses.

What Are the Key Segments in the Industrial Gases for Plastic & Rubber Industry Market?
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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Who Are the Key Players Shaping the Industrial Gases for Plastic & Rubber Industry Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Industrial Gases for Plastic & Rubber Industry Market?
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.

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