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Industrial Gases Market Growth 2026 | Growth Drivers, Key Players & Investment
Industrial Gases Market is expected to grow at a CAGR of 6.11% during the forecast period (2024-2031).Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/industrial-gases-market?kb
Key Development:
United States
✅ November 2025: Major gas producers expanded oxygen and nitrogen capacity to support rising demand from manufacturing and healthcare sectors.
✅ October 2025: U.S. industrial gas players introduced new carbon capture and storage (CCS) solutions integrated with hydrogen production.
✅ September 2025: Increased investments in on‐site gas generation systems helped factories reduce logistics costs and emissions.
Japan
✅ November 2025: Japanese gas companies rolled out advanced specialty gas blends for semiconductor and electronics manufacturing.
✅ October 2025: Focus on green hydrogen projects intensified, with expanded partnerships between industry and government.
✅ September 2025: Growing adoption of liquid nitrogen and oxygen in food processing and cold chain applications boosted regional demand.
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Europe
✅ November 2025: European gas producers announced plans to scale up electrolyzer‐based hydrogen production as part of energy transition goals.
✅ October 2025: Specialty gases for industrial automation, laser cutting, and additive manufacturing saw increased uptake.
✅ September 2025: Companies accelerated low‐carbon gas offerings, highlighting sustainability commitments.
GCC & Middle East
✅ November 2025: GCC industrial players strengthened partnerships to build large‐scale hydrogen and ammonia production hubs.
✅ October 2025: Demand for industrial oxygen and nitrogen increased sharply, driven by expanding petrochemical capacity.
✅ September 2025: Regional initiatives focused on gas infrastructure upgrades to support refinery and steel sectors.
Latin America
✅ November 2025: Investment in gas pipeline networks and storage facilities supported broader industrial growth across major markets.
✅ October 2025: Local producers expanded supply agreements with automotive and food processing companies.
✅ September 2025: Rising healthcare demand boosted requirements for medical‐grade oxygen and related industrial gases.
Key Players:
Air Liquide, Air Products & Chemicals, and The Linde Group
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.
Key Segments:
➥ By Gas Type: Oxygen, Nitrogen, Helium, Hydrogen, Carbon Dioxide, Acetylene, Argon, Xenon
➥ By End-Use Industry: Chemicals & Refining, Automotive & Aerospace, Manufacturing, Metals, Electronics, Health & Medicine, Electronics, Others
Regional Analysis for Industrial Gases Market:
⇥ North America: 30%
Driven by strong demand from healthcare, manufacturing, chemical processing, and electronics industries. High adoption of advanced gas technologies fuels growth.
⇥ Europe: 27%
Supported by robust industrial base, stringent environmental regulations, and expanding use of specialty gases in pharmaceuticals and food & beverage sectors.
⇥ Asia-Pacific: 28%
Fueled by rapid industrialization, rising steel production, electronics manufacturing, and expanding healthcare infrastructure across China, India, Japan, and Southeast Asia.
⇥ Middle East & Africa: 9%
Growth driven by oil & gas sector, petrochemicals, and infrastructure projects in GCC countries and Africa.
⇥ South America: 6%
Moderate growth supported by mining activities, food processing, and healthcare sector expansions in Brazil, Argentina, and Chile.
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FAQ's
Q: What is the growth rate of the Industrial Gases Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.11% during the forecast period from 2024 to 2031.
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