Industrial gases market reached USD 113.9B in 2025, projected to hit USD 163.4B by 2034, growing at a CAGR of 3.97% from 2026โ2034.
SHERDIAN, WY, UNITED STATES, April 27, 2026 /EINPresswire.com/ — IMARC Group, a leading global market research and management consulting firm, has published its latest market intelligence report on the industrial gases market. The global industrial gases market size reached ๐๐๐ ๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2025. Looking forward, IMARC Group expects the market to reach ๐๐๐ ๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2034. The market is driven by the rising product utilization in the food and beverage industry, widespread application in manufacturing activities, and the recent development of on-site gas generation systems.
The market is witnessing broad-based momentum across geographies and end-use sectors. Asia Pacific dominated the market, holding a significant share of over 36.4% in 2025, while North America remains a key contributor owing to its advanced manufacturing base and healthcare infrastructure. From green hydrogen investments to semiconductor fabrication and medical oxygen supply, industrial gases serve as a foundational input across critical industrial ecosystems worldwide.
๐๐จ๐ฐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ฌ ๐๐๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฌ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
โข ๐๐ง-๐๐ข๐ญ๐ ๐๐๐ฌ ๐๐๐ง๐๐ซ๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ ๐๐๐๐ฎ๐๐ข๐ง๐ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐จ๐ฌ๐ญ๐ฌ: The recent establishment of on-site generation systems to produce industrial gases such as hydrogen, nitrogen, and oxygen directly where they will be utilized is eliminating the need for transportation and storage equipment, which is driving efficiency and cost optimization across manufacturing facilities.
โข ๐๐๐ฏ๐๐ง๐๐๐ ๐๐ฎ๐ซ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ ๐๐ฅ๐๐ฏ๐๐ญ๐ข๐ง๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฎ๐๐ฅ๐ข๐ญ๐ฒ: The incorporation of advanced purification systems such as pressure swing adsorption (PSA) and membrane separation in new methods of purifying industrial gases ensures their high quality and compliance with stringent industry standards.
โข ๐๐ ๐๐ง๐ ๐๐จ๐ ๐๐ง๐ญ๐๐ ๐ซ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ: AI and IoT technologies are being deployed to improve efficiency in the operations of industrial gases, and advancements in air separation devices are expected to bring about a 5 to 10% reduction in energy use in the years ahead.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/industrial-gases-market/requestsample
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฌ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
Industrial gases have emerged as important applications in the food and beverage industry for freezing and cooling methods to help keep the structure, nutrients, and freshness of various food products including meat, poultry, seafood, bread, and vegetables. These gases are also critical in carbonated beverages, such as soft drinks, beer, and sparkling water, where they impart carbonation and enhance sensory experience. With the global food and beverage market continuing its upward trajectory driven by changing consumer lifestyles and the growing demand for packaged and convenience foods, industrial gas consumption in this segment is showing a parallel upswing.
Industrial gases are widely used in the manufacturing of metal products, electronics, glasses, rubbers, automobiles, and chemicals. They aid in generating high-temperature flames that are used for efficient welding, brazing, and cutting operations. Furthermore, industrial gases create an inert environment, which prevents oxidation during annealing, hardening, and tempering of metal products. China commands 45.5% of the Asia Pacific regional market share, supported by massive steel production exceeding 1 billion tons annually, semiconductor manufacturing growth, and government sustainability initiatives. Meanwhile, China achieved a quarterly manufacturing expansion of 1.3%, representing an inter-annual increase of almost 5% in early periods, underscoring robust industrial activity underpinning gas demand.
According to the International Energy Agency, global investment in clean hydrogen technologies is expected to increase by 70% in 2025, approaching $8 billion, notwithstanding a series of notable project cancellations, as governments continue to provide policy support and developers advance projects that have attained final investment decisions. According to the US Department of Energy, the hydrogen value chain will generate USD 140 Billion per year by 2030 and USD 750 Billion per year by 2050 in revenues, while creating 700,000 new jobs by 2030 and a cumulative 3.4 million jobs by 2050.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฌ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฒ๐ฉ๐:
โข Nitrogen
โข Oxygen
โข Carbon Dioxide
โข Argon
โข Hydrogen
โข Others
Nitrogen leads the market with 28.2% market share in 2025. Nitrogen is a cost-effective, safe, and abundantly available gas that is widely used in preserving, purging, and blanketing applications. It also aids in preventing oxidation, corrosion, and spoilage in different industries. Hydrogen emerges as the fastest-growing segment with an 11.5% growth rate, supported by green hydrogen investment and fuel cell commercialization acceleration.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โข Manufacturing
โข Metallurgy
โข Energy
โข Chemicals
โข Healthcare
โข Others
Manufacturing leads the market with a 27% market share in 2025. Industrial gases are widely used in manufacturing activities for various applications, such as welding, cutting, heat treatment, metal fabrication, chemical production, food processing, and electronics manufacturing.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ ๐๐จ๐๐:
โข Packaged
โข Bulk
โข On-site
Packaged industrial gases are delivered in compressed and liquified forms in cylinders and tanks, which enhances convenience, increases portability, and allows easy transportation, storage, and handling across various industries. On-site generation is also gaining traction, particularly in large industrial facilities seeking to reduce logistics costs and supply chain dependencies.
๐๐ซ๐๐๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข Asia Pacific
โข North America
โข Europe
โข Latin America
โข Middle East and Africa
In 2025, Asia Pacific accounted for the largest market share of 36.4%, owing to the rapid economic growth and increasing industrialization and infrastructural development activities. The United States accrued a market share of 88.9% in 2025 in the North America market, fueled by healthcare, electronics, and energy sectors. The US healthcare sector has substantial expanding demand for industrial gases, including carbon dioxide, nitrogen, hydrogen, and oxygen. The Clean Hydrogen Partnership and the European Union identified 476 operational hydrogen production plants around Europe as of the end of 2022, with a combined hydrogen production capacity of about 11.30 million tons. In the Middle East and Africa, industrial gases like carbon dioxide and nitrogen are used by the oil and gas sector for enhanced oil recovery and refining procedures. Oxygen and nitrous oxide demand is rising in Africa’s healthcare system, especially in cities where medical facilities are becoming better.
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐จ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=827&flag=E
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
The global industrial gases market features a concentrated competitive environment dominated by a handful of multinational players with extensive production networks and long-term customer contracts. Key players include:
โข Air Liquide S.A.
โข Linde Group
โข Air Products and Chemicals Inc.
โข Airgas Inc.
The top producers of industrial gases are focusing on expanding their global footprint by establishing new production facilities, distribution networks, and partnerships with local players. The increasing focus on sustainability has prompted several companies to develop energy-efficient production technologies. Furthermore, several top companies are incorporating automation and digital technologies to optimize operations, increase supply chain efficiency, and enhance customer experience.
๐๐ก๐๐ญ ๐๐จ๐๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ?
If you are tracking the industrial gases market for investment decisions, market entry planning, competitive benchmarking, or strategic advisory, IMARC Group’s report gives you everything in one place:
โข Complete market sizing with revenue forecasts covering the full projection period
โข Quantified growth driver analysis with impact scoring across gas type segments, application verticals, supply modes, and regional markets
โข Sub-segment breakdowns for nitrogen, oxygen, carbon dioxide, argon, hydrogen, and other gas types with individual share data
โข Country-level data for the United States, Canada, China, Japan, India, Germany, France, Brazil, Mexico, Saudi Arabia, and others
โข Competitive profiles of leading companies including Air Liquide, Linde Group, Air Products and Chemicals, and Airgas with strategic landscape assessment
โข Porter’s Five Forces, value chain analysis, and pricing intelligence
โข Latest regulatory developments including the US Inflation Reduction Act clean hydrogen tax credit rules, EU Hydrogen and Gas Decarbonisation Package transposition timelines, India’s National Green Hydrogen Mission frameworks, and Saudi Arabia’s Vision 2030 industrial gas investment commitments shaping production, distribution, and end-use application dynamics globally
Other Trending Reports by IMARC Group:
Foreign Exchange Market Research Report
Rare Earth Elements Market Research Report
๐๐ฒ๐๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/eyewear-market
๐๐๐๐ญ๐ก๐๐ซ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/weather-forecasting-services-market
๐๐ก๐ซ๐ข๐ฆ๐ฉ ๐๐๐ซ๐ค๐๐ญ: https://www.imarcgroup.com/prefeasibility-report-shrimp-processing-plant
๐๐๐๐๐ง๐ญ ๐๐๐ฐ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐๐ฌ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
โข ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ ๐๐๐๐: QatarEnergy signed a long-term helium supply deal with Germany’s Messer, committing to deliver 100 million cubic feet of helium annually from its Ras Laffan facility. This agreement strengthens Qatar’s position as a leading helium producer, supporting industries like healthcare, manufacturing, and space exploration.
โข ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ ๐๐๐๐: Linde completed its acquisition of Airtec, increasing its stake to over 90%, expanding its presence across the GCC region including Kuwait, UAE, Qatar, Bahrain, and Saudi Arabia. The acquisition strengthens Linde’s integrated industrial gases business, enhancing supply chain reliability and customer service.
โข ๐๐๐ฉ๐ญ๐๐ฆ๐๐๐ซ ๐๐๐๐: Linde India began commercial production at its new gas facility in Unnao, Lucknow, aimed at boosting the supply of medical and industrial gases, enhancing regional storage and distribution, and supporting both hospitals and industries.
โข ๐๐ฎ๐ฅ๐ฒ ๐๐๐๐: AHG Group announced a $20 million investment in a new industrial gas production facility in Dammam, Saudi Arabia, aligned with Saudi Arabia’s Vision 2030, aiming to boost local production, enhance supply chains, and support the kingdom’s industrial transformation.
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ, ๐๐๐ญ๐, ๐จ๐ซ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐๐ญ ๐๐ซ๐ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ข๐ง๐๐ฅ๐ฎ๐๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐๐ซ๐ ๐ก๐๐ฉ๐ฉ๐ฒ ๐ญ๐จ ๐๐๐๐จ๐ฆ๐ฆ๐จ๐๐๐ญ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ. ๐๐ฌ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐จ๐ฎ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐ฌ๐๐ซ๐ฏ๐ข๐๐, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ ๐๐ญ๐ก๐๐ซ ๐๐ง๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ญ๐ก๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ฒ๐จ๐ฎ ๐ง๐๐๐, ๐ญ๐๐ข๐ฅ๐จ๐ซ๐๐ ๐ญ๐จ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ. ๐๐ฅ๐๐๐ฌ๐ ๐ฅ๐๐ญ ๐ฎ๐ฌ ๐ค๐ง๐จ๐ฐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฑ๐๐๐ญ ๐ง๐๐๐๐ฌ, ๐๐ง๐ ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ง๐ฌ๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐ฎ๐ฉ๐๐๐ญ๐๐ ๐๐๐๐จ๐ซ๐๐ข๐ง๐ ๐ฅ๐ฒ ๐ญ๐จ ๐ฆ๐๐๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ญ๐ข๐จ๐ง๐ฌ.
๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ
โข What is the current global industrial gases market size and what is its projected value?
โข Which gas type holds the largest share in the global industrial gases market?
โข What are the key industrial, policy-driven, and technological drivers of global industrial gases market growth?
โข Which region dominates the global industrial gases market and why?
โข How are on-site generation systems, AI integration, advanced purification technologies, and green hydrogen production reshaping supply models and competitive dynamics in the industrial gases industry?
โข Who are the top companies in the global industrial gases market and what are their competitive strategies?
โข What are the investment and market entry opportunities across nitrogen, hydrogen, oxygen, and specialty gas segments as well as across packaged, bulk, and on-site supply modes?
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Elena Anderson
IMARC Services Private Limited
201-971-6302
email us here
Legal Disclaimer:
EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Media gallery
