Industrial Gases Market
Industrial Gases Market - Global Industry Assessment & Forecast
Segments Covered
- By Type Nitrogen , Oxygen , Carbon Dioxide, Hydrogen , Noble Gas , 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, Europe, Asia Pacific , Latin America , Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 97.52 Billion |
Revenue 2030: | USD 158.35 Billion |
Revenue CAGR (2023 - 2030): | 6.3% |
Fastest Growing Region (2023 - 2030) | North America |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Industrial Gases Market by Type by Application by Distribution by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Industrial Gases supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Industrial Gases market size at regional and country level
- Market size and forecast by Type , Application , and Distribution
- Key industry players and their market share and Industrial Gases market-specific sales/revenue
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Industrial Gases supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Industrial Gases market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Industrial Gases market.
FAQ
Frequently Asked Question
What is the global demand for Industrial Gases in terms of revenue?
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The global Industrial Gases valued at USD 97.52 Billion in 2022 and is expected to reach USD 158.35 Billion in 2030 growing at a CAGR of 6.3%.
Which are the prominent players in the market?
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The prominent players in the market are Air Liquide S.A., Yingde Gases Group Company Limited, Airgas Inc., Linde Group, Buzwair Industrial Gases Factories, Messer Group, Taiyo Nippon Sanso Corporation, Air Products and Chemicals Inc., BASF SE, Air Water Incorporation..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 6.3% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Industrial Gases include
- Growing Demand for industrial gases in healthcare sector
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Industrial Gases in 2022.