Press release
Middle East Industrial Gases Market Set to Grow to USD 12.68 Billion by 2032 | Top Countries: Qatar, United Arab Emirates (UAE), Saudi Arabia, Kuwait, Oman
Middle East Industrial Gases Market Overview
Industrial gases are crucial to multiple applications, including manufacturing, healthcare, and energy. They are essential in processes like welding, metal fabrication, and chemical production. The Middle East, with its rich deposits of natural resources and a burgeoning petrochemical industry, sees a consistent demand for industrial gases. The region serves as a significant player in the global market, underpinned by its strategic initiatives toward sustainable energy projects and advanced industrial capabilities.
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Middle East Industrial Gases Market Dynamic:
Growth Drivers
1. Petrochemical Expansion: The region's petrochemical market is expected to grow from USD 16.55 billion in 2024 to USD 29.46 billion by 2033. This expansion demands ultra-high purity gases for processes like cracking and catalysis.
2. Hydrogen Production Initiatives: The push towards hydrogen production, exemplified by projects like the NEOM Green Hydrogen project, aims to produce a substantial amount of green hydrogen daily, thereby increasing the requirement for associated gases.
3. On-Site Generation Growth: Industrial firms are increasingly adopting onsite gas generation solutions to reduce transport costs and ensure reliability, crucial for meeting stringent purity standards in various sectors.
4. Carbon Capture Integration: The incorporation of carbon capture, utilization, and storage (CCUS) in gas portfolios enables suppliers to monetize emissions while meeting environmental regulations and increasing profit margins.
Market Challenges
1. Regulatory Complexity: The lack of harmonized regulations across the Middle East can hinder compliance and lead to increased operational hurdles for gas suppliers.
2. Logistical Constraints: Cross-border transportation of gases is often impeded by complex customs processes and delays, raising costs and affecting supply timelines.
3. Economic Fluctuations: Variability in global oil and gas prices can directly impact demand across key sectors, creating uncertainty within the industrial gases market.
4. Infrastructure Gaps: Inadequate infrastructure in certain regions may limit the efficiency of distribution networks, complicating gas supply logistics.
Middle East Industrial Gases Market Segment Analysis
By Gas
- Nitrogen
- Oxygen
- Carbon dioxide
- Argon
- Hydrogen
- Helium
- Acetylene
- Others
According to report, the Oxygen is the leading product type in the Middle East industrial gases industry with about 29.18% of total market share in 2024.
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By Application
- Combustion and process oxygen
- Welding and metal fabrication
- Inerting blanketing and heat treating
- Cryogenics and liquefaction
- Chemical synthesis and hydrogenation
- Purging and purifications
- Analytical and calibration
By Supply Mode
- Packaged Gas Supply (Merchant Sales)
- Bulk or Liquid Gas Supply
- Onsite Generation or Pipeline Supply
- Gas-as-a-Service Model
According to report, the On-site generation or pipeline supply is the leading supply mode in the Middle East, holding 36.3% revenue share in 2024.
By End-User Industry
- Oil and Gas
- Petrochemicals and Chemicals
- Power and Energy
- Mining, Steelmaking, Metals
- Healthcare
- Food and Beverages
- Fertilizers
- Others
Middle East Industrial Gases Market Regional Outlook
- Qatar
- United Arab Emirates (UAE)
- Saudi Arabia
- Kuwait
- Oman
- Others
The UAE leads the Middle East Industrial Gases Market, accounting for 27.06% of revenue share in 2024, thanks to advanced infrastructure and strong investments in hydrogen projects. Other notable regions include Saudi Arabia and Qatar, where ongoing infrastructural developments and capacity expansions are set to drive significant market growth.
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Competitive Landscape: Leading Middle East Industrial Gases Companies by 2032
1. Gulf Cryo
2. ADNOC Industrial Gas
3. Abdullah Hashim Industrial Gases
4. Buzwair Industrial Gases
5. Air Liquide
6. National Industrial Gases Company
7. Jordan Gases Company
8. Naga Gases
9. Yateem Oxygen
10. Gulf Industrial Gas Company
11. Other Key Players
These companies focus on expanding their portfolios through strategic partnerships and innovative solutions in gas supply.
Future Outlook
The Middle East Industrial Gases Market is anticipated to continue evolving through innovative production technologies, particularly in hydrogen generation and carbon capture. The integration of sustainable practices within industrial operations signals promising growth avenues, as suppliers adapt to new market demands and regulatory frameworks.
Related Market Insights Across Regions and Industries:
> UAE Industrial Gases Market Size, Growth and Revenue Share: By Type (Nitrogen, Oxygen, Carbon dioxide, Hydrogen, Argon, Acetylene, Others), By Supply Mode (Packaged Cylinders, Bulk Delivery, Onsite Production, Pipeline), By End User (Healthcare, Chemicals, Electronics, Food and Beverage, Metallurgy, Oil and Gas, Energy) and others
[Report link - https://www.marknteladvisors.com/research-library/uae-industrial-gases-market.html ]
> Saudi Arabia Industrial Gases Market Size, Growth and Revenue Share: By Product Type (Oxygen, Nitrogen, Carbon Dioxide, Hydrogen, Argon, Acetylene, Helium, Others), By Distribution Channel (Tonnage, Bulk & Cylinder, Packaged, On-Site Supply), By End-User (Manufacturing, Metallurgy & Glass, Energy & Chemicals, Healthcare, Food & Beverages, Electronics) and Others
[Report link - https://www.marknteladvisors.com/research-library/industrial-gases-market-saudi-arabia.html ]
People Also Ask
1. What is the projected growth rate of the Middle East Industrial Gases Market?
2. How large is the Middle East Industrial Gases Market expected to be by 2032?
3. What are the main factors driving the growth of industrial gases in the Middle East?
4. Who are the leading companies in the Middle East Industrial Gases Market?
5. Which region dominates the Middle East Industrial Gases Market?
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About MarkNtel Advisors
MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.
MarkNtel Advisors is a globally recognized Industry Research Report Firm delivering in-depth insights across the energy sector, including renewable energy, oil & gas, energy storage, and power generation. As a trusted name in Market Research Reports, we provide Market Forecast assessments and Financial Services analytics that help clients understand policy shifts, technology transitions, and investment opportunities. Our data-backed Business Analysis and Export and Import Data insights empower energy producers, utilities, and investors to optimize operations and mitigate risk across diverse regions. Built on robust Syndicated Research Reports and tailored intelligence, our studies evaluate the market's evolving dynamics at global, regional, and country levels. Through strategic Consulting Services, MarkNtel Advisors enables clients to translate research into actionable strategies that accelerate sustainable energy transformation.
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