Industrial Gases Market Global Scenario, Market Size, Outlook, Trend, and Forecast, 2016 – 2025

Global Industrial Gases Market size is projected to be valued $82 Billion by 2024; with a CAGR of 6.4% from 2017 to 2025. Industrial gases are formed in bulk and are available in all the three states of matter (liquid, solid, gas). Growth in industries such as automobile and construction has increased the industrial gas production. In addition, other industries also demand industrial gases owing to their various chemical properties such as inertness and reactivity.

Rising demand for packed food & beverages, globalization of the industry, resource constrains, and growing demand about medical grade gases for medical and health care industry are the factors driving the growth of the industrial gases market. Though, the growing environmental rules associated to the manufacture and usage of industrial gases and high cost of transport & storage of these gases may hinder the growth of the market. Moreover, capacity expansion and development of innovative technologies like molecular sieve separation might provide with several growth opportunities in the forecasted years.

The global industrial gases market is segmented on the basis of products type, production and delivery, application, and geography. The market is segmented by products type into hydrogen, oxygen, carbon dioxide, nitrogen, helium, argon, and acetylene. Further by production and delivery, the market is bifurcated into merchant gases (liquified, tank delivery), merchant gases (cylinder delivery), and high-volume gases (on-site generation). Further, application segment comprises petroleum refinery, chemical production, food processing, healthcare, electronics, metal processing, and other applications.

Based on geography, global industrial gases market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Spain, Italy, and Rest of Europe. Asia-Pacific is segmented into China, Japan, India, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

The key market players operating in industrial gases market include The Linde Group, Messer Group GmbH, Taiyo Nippon Sanso Corporation, BASF SE, Yingde Gases Group Company, AIR WATER INC., and Buzwair Industrial Gases Factories, among others.

The report covers

• The detailed analysis of Industrial Gases Market with respect to key segments such as products type, production and delivery, and application has been included in the report
• The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
• Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report
• An exhaustive regional and country wise analysis of Industrial Gases Market has been covered in the report
• Profile of the major key players operating in the Industrial Gases Market will be provided, with detailed study on their key financials, product & services, new developments and business strategies

Scope of the Global Industrial Gases Market

Products Type Segments

• Hydrogen
• Oxygen
• Carbon Dioxide
• Nitrogen
• Helium
• Argon
• Acetylene

Production and Delivery Segments

• Merchant Gases (Liquified, Tank Delivery)
• Merchant Gases (Cylinder Delivery)
• High-Volume Gases (On-Site Generation)

Application Segments

• Petroleum Refinery
• Chemical Production
• Food Processing
• Healthcare
• Electronics
• Metal Processing
• Other Applications

Geography Segments

• North America
• U.S.
• Canada
• Mexico

• Europe
• UK
• Germany
• France
• Spain
• Italy
• Others

• Asia-Pacific
• China
• Japan
• India
• South Korea
• Others
• RoW
• South America
• Middle East
• Africa