According to the report, the global Industrial Gases Market is expected to grow from $993.2 Million in 2022, which is expected to reach $2.85 Billion by 2030, growing at the CAGR of 6.13% from 2022 to 2030. The Global Industrial Gases Market refers to the worldwide industry that produces, distributes, and sells various gases and gas-related products used in industrial processes and applications. These gases are typically produced in large quantities and are essential components in a wide range of industries, including manufacturing, healthcare, electronics, food and beverage, metallurgy, chemicals, and more.
The Global Industrial Gases Market plays a vital role in supporting various industrial operations and processes, contributing to economic growth, technological advancements, and sustainability efforts across the globe. It remains a dynamic and evolving sector as industries continue to innovate and adapt to changing market demands and environmental concerns.
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Key Highlights:
- The global Industrial Gases Market size was valued at USD 2 million in 2022 growing at a CAGR of 6.13% from 2022 to 2030.
- North America dominated the market in 2022
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2022 to 2030
Evolve Business Intelligence has published a new market research report on Global Industrial Gases Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Industrial Gases Market report also includes the following data points:
- COVID19 Impact on Industrial Gases Market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in INDUSTRIAL GASES MARKET
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Key Players
Some of the major INDUSTRIAL GASES MARKET players holding high market share include Linde PLC, Air Liquide, BASF SE and Air Products and Chemicals Inc. These players use new product development as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
- Linde PLC
- Air Liquide
- BASF SE
- Air Products and Chemicals Inc.
- Messer Group GmbH
- Iwatani Corporation
- SOL Group
- Matheson Tri-gas Inc.
- Taiyo Nippon Sanso Corporation
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Industrial Gases Market:
- Hydrogen
- Oxygen
- Nitrogen
- Carbon-dioxide
Market Segment By End User with focus on market share, consumption trend, and growth rate of Industrial Gases Market:
- Industry
- Transportation
- Agriculture
- Energy
| Parameters | Details |
| Market Size (2022) | $ 993.2 Million |
| CAGR (2022 to 2030) | 6.13% |
| Market Segmentation | Type, End user |
| Country Covered | US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America |
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Global INDUSTRIAL GASES MARKET Geographic Coverage:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Nordic Countries
- Benelux
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Australia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of MEA
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
Reasons to Buy this Report:
- Detail analysis of the impact of market drivers, restraints, and opportunities
- Competitive Intelligence providesan understanding of the ecosystem
- Details analysis of the Total Addressable Market (TAM) of your products
- Investment Pockets and New Business Opportunities
- Demand-supply gap analysis
- Strategy Planning
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