Industrial Gases Market

Industrial Gases Market by Product Type, Application, Distribution, End-User and Region | Forecast 2023 to 2033

FMI Analysis how macroeconomic environment is positively impacting industrial gas providers

Request Sample

Industrial Gases Market Outlook (2023 to 2033)

The adoption of industrial gases is expected to increase at a CAGR of 16.1% during the forecast period. The industrial gases market size is anticipated to rise from US$ 116.47 Billion in 2023 to US$ 518.2 Billion in 2033.

Industry Outlook

Industrial gases are increasingly becoming an important aspect of our lives, from cooling to food preservation to lighting and energy conservation.
The market has grown recently due to technological advancements in the use of various industrial gases. For instance, rockets that launch broadcast, communication, and meteorological observatories into space employ liquid oxygen and hydrogen as propellants.
Additionally, a number of global nonprofit organizations, including the European Industrial Gases Association, offer manufacturers professional guidance on the creation, transportation, storage, and use of industrial gases.
Furthermore, they support uniformity in terms of well-being, environmental, and technical standards across the industrial gas sector.
Environmental regulations and safety are also expected to suppress the growth of the industrial gases market from 2023 to 2033. In the near future, the rising cost of gas conversion may pose an additional challenge to the growth of the industrial gases market.
Along with rising industrialization and urbanization, it is anticipated that the usage of industrial gases would expand across a number of verticals such as healthcare, metal and mining, and the production of beverages and food.
From 2023 to 2033, the demand for industrial gases is anticipated to be driven by ongoing investments in significant infrastructure projects and rampant investments in core industrial sectors.
The central and state governments have implemented a number of steps to enhance industrial penetration in their various regions, including tax relief, flexible rules, access to resources, and affordable land.

Attribute	Details
Industrial Gases Market Estimated Size (2023)	US$ 116.47 Billion
Industrial Gases Market CAGR (2023 to 2033)	16.1%
Industrial Gases Market Forecasted Size (2033)	US$ 518.2 Billion

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

Key Market Trends

The growth prospects for this market are compelled by the use of industrial gas in the electronics (photovoltaic) industry for the production of semiconductors, solar, displays, LED solid-state lighting, wafers, and polysilicon. Solar photovoltaic energy, in particular, is becoming a leading source of sustainable energy generation and drawing in investments on a global scale. These gases significantly lower manufacturing costs, which bodes well for an increase in their use over the anticipated period.
Bulk oxygen is frequently needed in the medical field to reduce the risk of having too much oxygen in the lungs or other body tissues during operations and to enable controlled ventilation. In pre-flight lung diagnosis, nitrogen is used to determine a person's capacity to adapt to a simulated aircraft cabin environment.
A variety of equipment and controls are available due to the expansion of gas-assist equipment vendors in the medical sector, but the basic process is the same regardless of the differences. Pressure and stream control modifications primarily facilitate structured control of process variables.
In addition, the top businesses are spending money on research and development (R&D) projects to create new and better ways to manufacture and export industrial gases around the world.

Key Restraints Towards the Industrial Gases Market Growth?

The high cost of energy in industrial gas separation makes it a significant financial element, accounting for 50% of total production cost. Since electricity accounts for nearly half of the cost of production, production costs fluctuate with power costs. Individual parameter price changes in each country may cause the weighting of cost components to change.
Industrial gas emissions into the atmosphere contribute to air pollution and temperature rise. As a result, manufacturers and regulatory authorities have found it challenging to avoid and adopt natural-based industrial gases, as well as meet the need for skilled personnel when working with flammable gases.

Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Comparative View of Industrial Gases Market

Industrial Gases Market:

Attributes	Industrial Gases Market
CAGR (2023 to 2033)	16.1%
Market Value (2033)	US$ 182.27 Billion
Growth Factor	The growing use of industrial gases in industries such as healthcare, metals and mining, and food and beverage is expected to drive the growth of the industrial gases market.
Opportunity	From 2023 to 2033, the demand for industrial gases is anticipated to be driven by ongoing investments in significant infrastructure projects and rampant investments in core industrial sectors.
Key Trends	The growth prospects for this market are compelled by the use of industrial gas in the electronics (photovoltaic) industry for the production of semiconductors, solar, displays, LED solid-state lighting, wafers, and polysilicon.

Food Grade Gases Market:

Attributes	Food Grade Gases Market
CAGR (2023 to 2033)	6.2%
Market Value (2033)	US$ 9.03 Billion
Growth Factor	The rapid growth of the human population has resulted in a desire for increased food production across a variety of industries. As a result, more food-related technology is being used.
Opportunity	Natural, healthy, convenient, and sustainable food products are becoming increasingly popular among consumers. As a result, food and beverage manufacturers have been forced to develop new, cutting-edge products.
Key Trends	Food and beverage producers use a variety of marketing methods such as new products, line extensions, new packaging, and new formulas. As new products are introduced more frequently, the need for packaging and storage grows.

Gas Engines Market:

Attributes	Gas Engines Market
CAGR (2023 to 2033)	4.1%
Market Value (2033)	US$ 5.64 Billion
Growth Factor	The growing use of natural gas in a variety of applications is driving up demand for environmentally friendly technologies such as gas engines.
Opportunity	The increasing use of natural gas in gas engines in power plants boosts the segment's growth. Furthermore, increased consumer awareness of combined with favorable government initiatives is expected to benefit the gas engine market.
Key Trends	Furthermore, developments in gas engine technological innovations and increasing environmental concerns will drive gas engine adoption around the world during the assessment period.

The dominant competitors in the market employ a variety of strategies to solidify their position as the industry's top businesses. One such effective strategy is the acquisition of businesses to increase brand value among consumers. Intermittently offering ground-breaking products after doing a thorough analysis of the market and its target audience is another crucial tactic.

Category-wise Insights of Industrial Gases

Product Insights

In 2021, Oxygen had the highest revenue share (28.1%). It is well recognized to increase the fuel's thermal efficiency. There are various other uses for oxygen in the medical field as well. As a result, the demand for industrial oxygen is anticipated to increase in the upcoming years due to the widespread use of oxygen in numerous sectors.
Nitrogen gas came in second in terms of revenue share in 2021, and it is anticipated to increase at the highest rate from 2023 to 2033. Nitrogen gas is widely used in the healthcare industry as a result of the developing medical and pharmaceutical sectors in North America and Asia-Pacific.
Carbon dioxide is expected to grow significantly during the forecast period as countries increase their use of carbon dioxide for gas-based enhanced oil recovery. In the medical sector, to stimulate respiratory simulation, carbon dioxide can be used during insufflation and mixed with oxygen.

Distribution Insights

In 2021, the cylinder category had the highest revenue share (37.20%). The section demonstrates how to deliver gases using packed cylinders. However, this delivery method is only available to clients with a moderate need for industrial gases. Gases such as argon, nitrogen, helium, oxygen, and hydrogen can all be compressed into cylinders and distributed at pressures of up to 300 bar with ease.
The on-site category is expected to grow at the fastest rate over the forecast period. The on-site section includes the installation of the filling station at the firm's facility or another location. This distribution technique is used to provide large amounts of gases at various pressures and states. Since on-site generation eliminates various issues associated with hydrogen transportation and distribution, the market is expected to grow significantly.
Though the market composition varies by region or geography, bulk gas distribution is a significant component of the industrial gas supply chain, accounting for up to 26% of revenues in 2015. In fiscal terms, this amounted to approximately US$18.6 Billion in revenue in a global commercial industrial gases business worth approximately $71.5 Billion that year.

Applications Insights

The manufacturing application segment had the highest revenue share of 26.10% in 2021 and is expected to grow significantly from 2022 to 2033. The demand for industrial gases such as nitrogen, oxygen, carbon dioxide, and hydrogen is expected to rise significantly in developing economies because of the growing manufacturing industry,
The Healthcare segment held a substantial share of the industrial gases market in 2021 and is expected to grow at a CAGR of 6.3% between 2023 and 2033. Industrial gases such as oxygen, nitrogen, carbon dioxide, and others have thriving applications in surgical tools, inhalation therapy, anesthetics, and other fields. Medical gases have lifesaving benefits and are regulated as drugs, so they are in high demand in the healthcare industry.

Regional Analysis of the Industrial Gases Market

Asia-Pacific

Asia Pacific is expected to grow at the fastest CAGR during the projection period, with a 36.40% revenue share in 2021. End-use sector development and expansion in China, India, South Korea, and Japan can be linked to the rising consumption of industrial gases in the Asia Pacific countries.
According to the International Trade Administration, China's medical device sector is expected to be worth US$38.5 Billion by 2025.
According to the International Organization of Motor Vehicle Manufacturers (OICA), automotive production in China will increase by 3% in 2021, 30% in India, and 63% in Indonesia, compared to a 2% decline in China, 25% in India, and 43% in Indonesia in 2020.

North America

The USA had the largest revenue share in the North American market in 2020, and it is expected to have the highest CAGR throughout the forecast period. The region's expanding healthcare and electronic sectors are likely to aid in the growth of the North American market. Furthermore, the market is expected to grow due to the expansion of the area's industrial sector.
The USA spends a significant portion of its GDP on healthcare. According to the National Health Expenditure Account (NHEA), healthcare spending in the USA will increase 9.7 percent in 2020, reaching US$ 4.1 trillion, or US$ 12,530 per person. Healthcare expenditures accounted for 19.7 percent of the nation's GDP

Start-up Ecosystem

GAIL intends to invest in startups that are active in the focus industries, with natural gas, petrochemicals, and energy being the three main industries. 20% of the startup's overall equity will be the maximum amount of equity that can be invested under this initiative.
Out of its Rs 100 crore startup fund, ONGC has already given Rs 61.31 crore to support energy industry solutions and promote innovation in the energy sector.

Competitive Landscape

Consumer density advantages and rivalry are diminished as a result of the vastly high transportation costs. Some of the factors on which industry participants compete are price, brand image, quality, technology, and distribution network. Local businesses supply multinational corporations in addition to their domestic sales to achieve economies of scale. Due to a large number of market participants, there is intense competition. Businesses may only succeed in this fiercely competitive global market by developing novel, multifunctional products, improving quality, and offering competitive prices.

Some of the Key Players Operating in the Industrial Gases Market Include

Yingde Gases Group Company Limited
Air Liquide S.A
Linde Group
Airgas Inc.
Messer Group
Buzwair Industrial Gases Factories
Air Products and Chemicals Inc.
Taiyo Nippon Sanso Corporation
Air Water Incorporation
BASF SE

Latest Developments in the Industrial Gases Market

Linde announced in February 2022 that it has secured a long-term contract with BASF for the provision of hydrogen and steam. The capacity of Linde in the chemical park at Chalampé, France, will be essentially doubled by the construction and operation of a new hydrogen production facility. The new BASF hexamethylenediamine (HMD) production facility will be supplied by this plant. In the first half of 2024, the plant is anticipated to come online.
In Kosi, in the Indian state of Uttar Pradesh, Air Liquide will invest roughly INR 350 Crores (EUR 40 million) in a new Air Separation Unit (ASU) specialized in Industrial Merchant activities in January 2022. 350 tonnes of oxygen may be produced by this unit per day, up to a maximum of 300 tonnes. This ASU, which is expected to begin operations by the end of 2023, will be constructed, owned, and run by Air Liquide India.
Air Products Inc. opened a new cryogenic nitrogen plant in Malaysia's Bayan Lepas in February 2021, which could help the company's operations.

Scope of the Report

Attribute	Details
Growth Rate	CAGR of 16.1% from 2023 to 2033
Base Year of Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in US$ Million and Volume in Units and F-CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis
Key Segments Covered	By Product Type By Application By Distribution
Regions Covered	North America Latin America Europe East Asia South Asia Middle East & Africa Oceania
Key Countries Profiled	USA Canada Brazil Mexico Germany Italy France United Kingdom Spain Russia China Japan India GCC Countries Australia
Key Companies Profiled	Yingde Gases Group Company Limited Air Liquide S.A Linde Group Airgas Inc. Messer Group Buzwair Industrial Gases Factories Air Products and Chemicals Inc. Taiyo Nippon Sanso Corporation Air Water Incorporation BASF SE
Customization & Pricing	Available upon Request

Key Segments Covered in the Industrial Gases Market Report

By Product Type:

Oxygen
Nitrogen
Carbon dioxide
Hydrogen
Argon
Acetylene
Others

By Application:

Manufacturing
Healthcare
Food & Beverages
Metallurgy & Glass
Chemicals & Energy
Retail
Others

By Distribution:

On-site
Bulk (Liquid Gas Transport)
Cylinder (Merchant)

By Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa (MEA)

Frequently Asked Questions

What is the Estimated Industrial Gases Market Value in 2022?

The global Industrial Gases market is estimated to be valued at US$ 116.47 Billion in 2023.

What is the Growth Outlook of Global Industrial Gases Market?

The Industrial Gases market is likely to grow at a CAGR of 16.1% from 2023 to 2033.

What is the Projected Value of Industrial Gases Market by 2033?

The Industrial Gases market is projected to reach a valuation of US$ 518.2 Billion by 2033.

Which Region Dominates the Global Industrial Gases Market?

Asia Pacific is projected to lead the global Industrial Gases market by 2033.

Table of Content

1. Executive Summary | Industrial Gases Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyers

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Type, 2018 to 2022

5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Type, 2023 to 2033

5.3.1. Oxygen

5.3.2. Carbon Dioxide

5.3.3. Nitrogen

5.3.3.1. Compressed Gas

5.3.3.2. Liquid Nitrogen

5.3.4. Hydrogen

5.3.5. Noble Gas

5.3.5.1. Helium

5.3.5.2. Neon

5.3.5.3. Argon

5.3.5.4. Krypton

5.3.5.5. Xenon

5.3.5.6. Radon

5.3.6. Others

5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022

5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use Industry

6.1. Introduction / Key Findings

6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use Industry, 2018 to 2022

6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use Industry, 2023 to 2033

6.3.1. Healthcare

6.3.2. Electronics

6.3.3. Aerospace

6.3.4. Construction

6.3.5. Energy and Power

6.3.6. Others

6.4. Y-o-Y Growth Trend Analysis By End Use Industry, 2018 to 2022

6.5. Absolute $ Opportunity Analysis By End Use Industry, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

7.1. Introduction

7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022

7.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033

7.3.1. North America

7.3.2. Latin America

7.3.3. Europe

7.3.4. Asia Pacific

7.3.5. Middle East and Africa(MEA)

7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

8.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022

8.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033

8.2.1. By Country

8.2.1.1. USA

8.2.1.2. Canada

8.2.2. By Type

8.2.3. By End Use Industry

8.3. Market Attractiveness Analysis

8.3.1. By Country

8.3.2. By Type

8.3.3. By End Use Industry

8.4. Key Takeaways

9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022

9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033

9.2.1. By Country

9.2.1.1. Brazil

9.2.1.2. Mexico

9.2.1.3. Rest of Latin America

9.2.2. By Type

9.2.3. By End Use Industry

9.3. Market Attractiveness Analysis

9.3.1. By Country

9.3.2. By Type

9.3.3. By End Use Industry

9.4. Key Takeaways

10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022

10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033

10.2.1. By Country

10.2.1.1. Germany

10.2.1.2. United Kingdom

10.2.1.3. France

10.2.1.4. Spain

10.2.1.5. Italy

10.2.1.6. Rest of Europe

10.2.2. By Type

10.2.3. By End Use Industry

10.3. Market Attractiveness Analysis

10.3.1. By Country

10.3.2. By Type

10.3.3. By End Use Industry

10.4. Key Takeaways

11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022

11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033

11.2.1. By Country

11.2.1.1. China

11.2.1.2. Japan

11.2.1.3. South Korea

11.2.1.4. Singapore

11.2.1.5. Thailand

11.2.1.6. Indonesia

11.2.1.7. Australia

11.2.1.8. New Zealand

11.2.1.9. Rest of Asia Pacific

11.2.2. By Type

11.2.3. By End Use Industry

11.3. Market Attractiveness Analysis

11.3.1. By Country

11.3.2. By Type

11.3.3. By End Use Industry

11.4. Key Takeaways

12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022

12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033

12.2.1. By Country

12.2.1.1. GCC Countries

12.2.1.2. South Africa

12.2.1.3. Israel

12.2.1.4. Rest of Middle East and Africa(MEA)

12.2.2. By Type

12.2.3. By End Use Industry

12.3. Market Attractiveness Analysis

12.3.1. By Country

12.3.2. By Type

12.3.3. By End Use Industry

12.4. Key Takeaways

13. Key Countries Market Analysis

13.1. USA

13.1.1. Pricing Analysis

13.1.2. Market Share Analysis, 2021

13.1.2.1. By Type

13.1.2.2. By End Use Industry

13.2. Canada

13.2.1. Pricing Analysis

13.2.2. Market Share Analysis, 2021

13.2.2.1. By Type

13.2.2.2. By End Use Industry

13.3. Brazil

13.3.1. Pricing Analysis

13.3.2. Market Share Analysis, 2021

13.3.2.1. By Type

13.3.2.2. By End Use Industry

13.4. Mexico

13.4.1. Pricing Analysis

13.4.2. Market Share Analysis, 2021

13.4.2.1. By Type

13.4.2.2. By End Use Industry

13.5. Germany

13.5.1. Pricing Analysis

13.5.2. Market Share Analysis, 2021

13.5.2.1. By Type

13.5.2.2. By End Use Industry

13.6. United Kingdom

13.6.1. Pricing Analysis

13.6.2. Market Share Analysis, 2021

13.6.2.1. By Type

13.6.2.2. By End Use Industry

13.7. France

13.7.1. Pricing Analysis

13.7.2. Market Share Analysis, 2021

13.7.2.1. By Type

13.7.2.2. By End Use Industry

13.8. Spain

13.8.1. Pricing Analysis

13.8.2. Market Share Analysis, 2021

13.8.2.1. By Type

13.8.2.2. By End Use Industry

13.9. Italy

13.9.1. Pricing Analysis

13.9.2. Market Share Analysis, 2021

13.9.2.1. By Type

13.9.2.2. By End Use Industry

13.10. China

13.10.1. Pricing Analysis

13.10.2. Market Share Analysis, 2021

13.10.2.1. By Type

13.10.2.2. By End Use Industry

13.11. Japan

13.11.1. Pricing Analysis

13.11.2. Market Share Analysis, 2021

13.11.2.1. By Type

13.11.2.2. By End Use Industry

13.12. South Korea

13.12.1. Pricing Analysis

13.12.2. Market Share Analysis, 2021

13.12.2.1. By Type

13.12.2.2. By End Use Industry

13.13. Singapore

13.13.1. Pricing Analysis

13.13.2. Market Share Analysis, 2021

13.13.2.1. By Type

13.13.2.2. By End Use Industry

13.14. Thailand

13.14.1. Pricing Analysis

13.14.2. Market Share Analysis, 2021

13.14.2.1. By Type

13.14.2.2. By End Use Industry

13.15. Indonesia

13.15.1. Pricing Analysis

13.15.2. Market Share Analysis, 2021

13.15.2.1. By Type

13.15.2.2. By End Use Industry

13.16. Australia

13.16.1. Pricing Analysis

13.16.2. Market Share Analysis, 2021

13.16.2.1. By Type

13.16.2.2. By End Use Industry

13.17. New Zealand

13.17.1. Pricing Analysis

13.17.2. Market Share Analysis, 2021

13.17.2.1. By Type

13.17.2.2. By End Use Industry

13.18. GCC Countries

13.18.1. Pricing Analysis

13.18.2. Market Share Analysis, 2021

13.18.2.1. By Type

13.18.2.2. By End Use Industry

13.19. South Africa

13.19.1. Pricing Analysis

13.19.2. Market Share Analysis, 2021

13.19.2.1. By Type

13.19.2.2. By End Use Industry

13.20. Israel

13.20.1. Pricing Analysis

13.20.2. Market Share Analysis, 2021

13.20.2.1. By Type

13.20.2.2. By End Use Industry

14. Market Structure Analysis

14.1. Competition Dashboard

14.2. Competition Benchmarking

14.3. Market Share Analysis of Top Players

14.3.1. By Regional

14.3.2. By Type

14.3.3. By End Use Industry

15. Competition Analysis

15.1. Competition Deep Dive

15.1.1. BASF SE

15.1.1.1. Overview

15.1.1.2. Product Portfolio

15.1.1.3. Profitability by Market Segments

15.1.1.4. Sales Footprint

15.1.1.5. Strategy Overview

15.1.1.5.1. Marketing Strategy

15.1.1.5.2. Product Strategy

15.1.1.5.3. Channel Strategy

15.1.2. Air Liquide S.A.

15.1.2.1. Overview

15.1.2.2. Product Portfolio

15.1.2.3. Profitability by Market Segments

15.1.2.4. Sales Footprint

15.1.2.5. Strategy Overview

15.1.2.5.1. Marketing Strategy

15.1.2.5.2. Product Strategy

15.1.2.5.3. Channel Strategy

15.1.3. Messer Group

15.1.3.1. Overview

15.1.3.2. Product Portfolio

15.1.3.3. Profitability by Market Segments

15.1.3.4. Sales Footprint

15.1.3.5. Strategy Overview

15.1.3.5.1. Marketing Strategy

15.1.3.5.2. Product Strategy

15.1.3.5.3. Channel Strategy

15.1.4. Linde Plc

15.1.4.1. Overview

15.1.4.2. Product Portfolio

15.1.4.3. Profitability by Market Segments

15.1.4.4. Sales Footprint

15.1.4.5. Strategy Overview

15.1.4.5.1. Marketing Strategy

15.1.4.5.2. Product Strategy

15.1.4.5.3. Channel Strategy

15.1.5. Taiyo Nippon Sanso

15.1.5.1. Overview

15.1.5.2. Product Portfolio

15.1.5.3. Profitability by Market Segments

15.1.5.4. Sales Footprint

15.1.5.5. Strategy Overview

15.1.5.5.1. Marketing Strategy

15.1.5.5.2. Product Strategy

15.1.5.5.3. Channel Strategy

15.1.6. Southern Gas Ltd.

15.1.6.1. Overview

15.1.6.2. Product Portfolio

15.1.6.3. Profitability by Market Segments

15.1.6.4. Sales Footprint

15.1.6.5. Strategy Overview

15.1.6.5.1. Marketing Strategy

15.1.6.5.2. Product Strategy

15.1.6.5.3. Channel Strategy

15.1.7. Universal Industrial Gases

15.1.7.1. Overview

15.1.7.2. Product Portfolio

15.1.7.3. Profitability by Market Segments

15.1.7.4. Sales Footprint

15.1.7.5. Strategy Overview

15.1.7.5.1. Marketing Strategy

15.1.7.5.2. Product Strategy

15.1.7.5.3. Channel Strategy

15.1.8. Gulf Cryo

15.1.8.1. Overview

15.1.8.2. Product Portfolio

15.1.8.3. Profitability by Market Segments

15.1.8.4. Sales Footprint

15.1.8.5. Strategy Overview

15.1.8.5.1. Marketing Strategy

15.1.8.5.2. Product Strategy

15.1.8.5.3. Channel Strategy

15.1.9. International Limited

15.1.9.1. Overview

15.1.9.2. Product Portfolio

15.1.9.3. Profitability by Market Segments

15.1.9.4. Sales Footprint

15.1.9.5. Strategy Overview

15.1.9.5.1. Marketing Strategy

15.1.9.5.2. Product Strategy

15.1.9.5.3. Channel Strategy

15.1.10. Goyal MG Gases Pvt Ltd.

15.1.10.1. Overview

15.1.10.2. Product Portfolio

15.1.10.3. Profitability by Market Segments

15.1.10.4. Sales Footprint

15.1.10.5. Strategy Overview

15.1.10.5.1. Marketing Strategy

15.1.10.5.2. Product Strategy

15.1.10.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Tons) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 4: Global Market Volume (Tons) Forecast by Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033

Table 6: Global Market Volume (Tons) Forecast by End Use Industry, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Volume (Tons) Forecast by Country, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 10: North America Market Volume (Tons) Forecast by Type, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033

Table 12: North America Market Volume (Tons) Forecast by End Use Industry, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Volume (Tons) Forecast by Country, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 16: Latin America Market Volume (Tons) Forecast by Type, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033

Table 18: Latin America Market Volume (Tons) Forecast by End Use Industry, 2018 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Europe Market Volume (Tons) Forecast by Country, 2018 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 22: Europe Market Volume (Tons) Forecast by Type, 2018 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033

Table 24: Europe Market Volume (Tons) Forecast by End Use Industry, 2018 to 2033

Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Asia Pacific Market Volume (Tons) Forecast by Country, 2018 to 2033

Table 27: Asia Pacific Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 28: Asia Pacific Market Volume (Tons) Forecast by Type, 2018 to 2033

Table 29: Asia Pacific Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033

Table 30: Asia Pacific Market Volume (Tons) Forecast by End Use Industry, 2018 to 2033

Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: MEA Market Volume (Tons) Forecast by Country, 2018 to 2033

Table 33: MEA Market Value (US$ Million) Forecast by Type, 2018 to 2033

Table 34: MEA Market Volume (Tons) Forecast by Type, 2018 to 2033

Table 35: MEA Market Value (US$ Million) Forecast by End Use Industry, 2018 to 2033

Table 36: MEA Market Volume (Tons) Forecast by End Use Industry, 2018 to 2033

Nikhil Kaitwade

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

List of Charts

Figure 1: Global Market Value (US$ Million) by Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by End Use Industry, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Global Market Volume (Tons) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 9: Global Market Volume (Tons) Analysis by Type, 2018 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033

Figure 13: Global Market Volume (Tons) Analysis by End Use Industry, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033

Figure 16: Global Market Attractiveness by Type, 2023 to 2033

Figure 17: Global Market Attractiveness by End Use Industry, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by Type, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by End Use Industry, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: North America Market Volume (Tons) Analysis by Country, 2018 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 27: North America Market Volume (Tons) Analysis by Type, 2018 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033

Figure 31: North America Market Volume (Tons) Analysis by End Use Industry, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033

Figure 34: North America Market Attractiveness by Type, 2023 to 2033

Figure 35: North America Market Attractiveness by End Use Industry, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by Type, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by End Use Industry, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 41: Latin America Market Volume (Tons) Analysis by Country, 2018 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 45: Latin America Market Volume (Tons) Analysis by Type, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033

Figure 49: Latin America Market Volume (Tons) Analysis by End Use Industry, 2018 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033

Figure 52: Latin America Market Attractiveness by Type, 2023 to 2033

Figure 53: Latin America Market Attractiveness by End Use Industry, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Europe Market Value (US$ Million) by Type, 2023 to 2033

Figure 56: Europe Market Value (US$ Million) by End Use Industry, 2023 to 2033

Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 59: Europe Market Volume (Tons) Analysis by Country, 2018 to 2033

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 63: Europe Market Volume (Tons) Analysis by Type, 2018 to 2033

Figure 64: Europe Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 66: Europe Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033

Figure 67: Europe Market Volume (Tons) Analysis by End Use Industry, 2018 to 2033

Figure 68: Europe Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033

Figure 69: Europe Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033

Figure 70: Europe Market Attractiveness by Type, 2023 to 2033

Figure 71: Europe Market Attractiveness by End Use Industry, 2023 to 2033

Figure 72: Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: Asia Pacific Market Value (US$ Million) by Type, 2023 to 2033

Figure 74: Asia Pacific Market Value (US$ Million) by End Use Industry, 2023 to 2033

Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 77: Asia Pacific Market Volume (Tons) Analysis by Country, 2018 to 2033

Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 81: Asia Pacific Market Volume (Tons) Analysis by Type, 2018 to 2033

Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 84: Asia Pacific Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033

Figure 85: Asia Pacific Market Volume (Tons) Analysis by End Use Industry, 2018 to 2033

Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033

Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033

Figure 88: Asia Pacific Market Attractiveness by Type, 2023 to 2033

Figure 89: Asia Pacific Market Attractiveness by End Use Industry, 2023 to 2033

Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 91: MEA Market Value (US$ Million) by Type, 2023 to 2033

Figure 92: MEA Market Value (US$ Million) by End Use Industry, 2023 to 2033

Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 95: MEA Market Volume (Tons) Analysis by Country, 2018 to 2033

Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: MEA Market Value (US$ Million) Analysis by Type, 2018 to 2033

Figure 99: MEA Market Volume (Tons) Analysis by Type, 2018 to 2033

Figure 100: MEA Market Value Share (%) and BPS Analysis by Type, 2023 to 2033

Figure 101: MEA Market Y-o-Y Growth (%) Projections by Type, 2023 to 2033

Figure 102: MEA Market Value (US$ Million) Analysis by End Use Industry, 2018 to 2033

Figure 103: MEA Market Volume (Tons) Analysis by End Use Industry, 2018 to 2033

Figure 104: MEA Market Value Share (%) and BPS Analysis by End Use Industry, 2023 to 2033

Figure 105: MEA Market Y-o-Y Growth (%) Projections by End Use Industry, 2023 to 2033

Figure 106: MEA Market Attractiveness by Type, 2023 to 2033

Figure 107: MEA Market Attractiveness by End Use Industry, 2023 to 2033

Figure 108: MEA Market Attractiveness by Country, 2023 to 2033