United States Industrial Gases Market Outlook 2025: Key Players, Applications, and Industry Trends | Leading Companies - The Linde Group, Praxair, The BOC Group, Messer Group, Tai-yo Nippon Sanso,

DataM Intelligence has published a new research report on "industrial Gases Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Latest M&A Highlights

Air Liquide announced a landmark $3 billion acquisition of DIG Airgas in South Korea in August 2025, strengthening its foothold in Asia's fast-growing industrial and specialty gases sectors including electronics, clean energy, mobility, and biopharma.​

Blackstone acquired Shermco, a full lifecycle electrical equipment testing and maintenance services provider critical to industrial infrastructure reliability, marking a $1.6 billion investment into industrial services linked closely with industrial gases applications.​

Aramco completed a 50% stake acquisition in the Jubail-based Blue Hydrogen Industrial Gases Company, targeting large-scale blue hydrogen production via carbon capture and storage (CCS), essential for low-carbon industrial gases solutions.

Key Players:

Air Liquide, Air Products & Chemicals, The Linde Group, Praxair, The BOC Group, BASF, Messer Group, Tai-yo Nippon Sanso, and Matheson Tri-Gas, Inc.

Market Trends and Growth Drivers
The industrial gases market globally is growing robustly, projected to reach USD 162.8 billion by 2031. The demand for specialty gases like CO2, helium, oxygen, and hydrogen is expanding due to industries including semiconductor manufacturing, agriculture (CO2 enrichment), medical oxygen in healthcare, and clean energy applications.​

Sustainability is driving technological innovation in carbon capture, utilization, and storage (CCUS), green hydrogen, and digitalization of gas management systems with IoT-enabled sensors for efficient supply chains and proactive maintenance.​

Growing environmental regulations, especially in Europe and Asia, push for cleaner and energy-efficient gas production with increased deployments of renewable-energy-based electrolyzers and cryogenic technologies

Growth Forecast Projected:

The Global industrial Gases Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global industrial Gases Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Gas Type: (Oxygen, Nitrogen, Helium, Hydrogen, Carbon Dioxide, Acetylene, Argon, Others (Xenon)

By End-Use Industry: (Chemicals & Refining, Automotive & Aerospace, Manufacturing, Metals, Electronics, Health & Medicine, Electronics, Others)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among industrial Gases producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze industrial Gases revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q: How fast is the industrial Gases Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 6.11% from 2025 to 2032

New Product Launches and Infrastructure Investments

Air Products showcased advanced high-purity gases and technologies for lithium-ion battery manufacturing at Battery Show North America 2025, supporting the booming EV battery value chain.​

India's INOX Air Products is implementing massive greenfield expansion plants producing liquid oxygen, nitrogen, and argon across several states, with combined capacity increasing by 1500 Tons Per Day (TPD) of liquid gases by 2025.​

Linde announced major new investments starting early 2026 in US production facilities to supply liquid oxygen, nitrogen, and argon to meet high demand, especially from aerospace, pharmaceutical, and electronics sectors.

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