Industrial Gases Market worth $126,526.8 million by 2030 at 5.1%, says MarketsandMarkets™

Delray Beach, FL, Jan. 09, 2026 (GLOBE NEWSWIRE) -- In terms of value, the Industrial Gases Market projected to be worth USD 126,526.8 million by 2030, registering a CAGR of 5.1%, as per the recent study by MarketsandMarkets™.

The term industrial gas refers to gaseous materials produced in large quantities for use in industrial, commercial, and institutional applications. They are commercially manufactured through air-separation methods, chemical synthesis, or purification of natural gases such as Freon, and are sold as compressed gases, liquefied, or cryogenic. Industrial gases are valuable because of their physical and chemical properties, making them essential in modern manufacturing, processing, treatment, and preservation industries. Their production, storage, and distribution require specialized facilities to ensure they are safe, pure, and maintain high-quality standards.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=143368202

Browse in-depth TOC on “Industrial Gases Market”

158 - Market Data Tables
49 – Figures
210 - Pages

List of Key Players in Industrial Gases Market:       

1. Air Liquide (France)
2. Linde PLC (UK)
3. Air Products and Chemicals, Inc. (US)
4. Messer SE & Co. KGaA (Germany)
5. NIPPON SANSO HOLDINGS CORPORATION (Japan)
6. BASF SE (Germany)
7. Bhoruka Specialty Gases Pvt Ltd (India)
8. Ellenbarrie Industrial Gases Limited (India)
9. Gruppo SIAD (Italy)
10. AIR WATER INC (Japan)
11. AirPower Technologies Limited (China)

Drivers, Opportunities and Challenges in Industrial Gases Market:

1. Drivers: Growing demand from electronics industry.
2. Restraint: Strict regulatory compliance.
3. Opportunity: Advanced semiconductor manufacturing expansion.
4. Challenge: Hazardous material handling and safety regulations.

Get Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=143368202

Key Findings of the Study:

1. By type, oxygen segment to register highest CAGR during forecast period.
2. By end-use industry, food & beverage segment to record highest CAGR during forecast period.
3. By region, Asia Pacific to exhibit highest CAGR during forecast period.

By type, the oxygen segment dominates the market with high applications in metal fabrication, medical uses, and as an oxidizer in various processes. Nitrogen has broad applications in inerting, blanketing, and preservation, as used in chemicals, food, and electronics. Carbon dioxide is important in carbonation, refrigeration, enhanced oil recovery, and fire suppression. Demand for hydrogen is rising, driven by refinery hydrogen, ammonia plants, and the hydrogen economy, a clean energy carrier. While acetylene is needed for metal cutting and welding due to its high flame temperature. Inert gases, mainly argon, helium, and neon, are used in welding shielding, semiconductor manufacturing, and specialty lighting. Other specialty gases, like hydrogen chloride, ether, and propellant, serve niche industrial, laboratory, and research/commercial applications. The diverse characteristics of various industrial gases make them vital to industrial, commercial, and high-tech applications, creating continual demand across global markets.

By end-use industry, the chemical industry is the leading consumer of gases, using oxygen, nitrogen, hydrogen, and carbon dioxide during production, processing, and the synthesis of chemicals and polymers. In the electronics industry, ultra-high purity gases are essential for semiconductor fabrication, display manufacturing, and photovoltaic cell production. The food and beverage industry mainly uses gases for carbonation, preservation, refrigeration, and modified atmosphere packaging to produce high-quality products and extend shelf life. Medical gases, including medical-grade oxygen, nitrous oxide, and specialty gases, are vital for patient care, anesthesia, and medical diagnostics in healthcare. Various manufacturing sectors mainly rely on gases for cutting, welding, and enhancing the efficiency of combustion and other processes. The metallurgy industry primarily uses oxygen and inert gases to produce metals like steel through steel making, metal processing, and coating. The refining industry depends on hydrogen for desulfurization and nitrogen as a purging and inerting gas. Different industrial gases also serve as intermediate products in other sectors, such as environmental services and energy. The growing demand for industrial gases reflects their crucial role in the global economy and ongoing technological advancements.

Get Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=143368202

The food & beverage industry is important to industrial gas producers because gases are used in carbonation, preservation, refrigeration, and even modified atmosphere packaging to ensure product quality and safety. Strong distribution networks, advanced cryogenic technology, and vertical integration—seen in companies like Air Products and Chemicals, Inc., and the US operations of Linde and Air Liquide—provide reliable supply and service. The regulatory environment in the US has supported cleaner production methods, increased energy efficiency, and the adoption of low-carbon technologies. These factors have driven a broader demand for industrial gases through indirect connections. The industry will continue to invest in key infrastructure such as liquefied natural gas (LNG) facilities and renewable hydrogen plants, helping to position the US as a leader in industrial gas development.

The US leads globally in hydrogen production and hydrogen fuel cell development, supported by recent federal investments aimed at advancing the hydrogen economy and promoting decarbonization. Carbon capture, utilization, and storage (CCUS) projects are becoming operational and will generate substantial new demand for various gases needed for environmental applications. Emerging specialty markets, such as electronics, use high-purity gases in semiconductor technologies and advanced manufacturing, creating additional domestic demand for gases.

Browse Adjacent Markets Mining Minerals and Metals Market Research Reports

Related Reports:

1. Personal Protective Equipment Market
2. Polyethylene Furanoate Market
3. Fuel Additives Market
4. Medical Tubing Market

Refrigerant Market

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

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.