Industrial Gases Market Poised for Significant Growth, Expected to Reach $126.5 Billion by 2030
New York, NY – September 8, 2025 – The global industrial gases market is on a strong upward trajectory, with projections indicating a valuation of $126,526.8 million by the year 2030. This substantial growth is detailed in an exclusive report published today by MarketsandMarkets™, a leading market research firm. The report, released through PR Newswire’s Heavy Industry Manufacturing channel, highlights the key drivers and trends shaping this vital sector.
Industrial gases, essential components in a vast array of manufacturing processes, are experiencing increasing demand across diverse industries. These gases, which include oxygen, nitrogen, argon, hydrogen, carbon dioxide, and helium, play a critical role in sectors such as healthcare, electronics, food and beverage, metal fabrication, aerospace, and chemical production.
Several factors are contributing to the projected expansion of the industrial gases market. A primary driver is the robust growth in manufacturing activities worldwide, particularly in emerging economies. As industrial output increases, so does the need for these fundamental chemical compounds. Furthermore, advancements in technology are leading to new applications and increased efficiency in the use of industrial gases, further stimulating demand.
The healthcare sector continues to be a significant consumer, with oxygen being indispensable for medical treatments and respiratory support. The burgeoning electronics industry relies heavily on highly purified industrial gases for semiconductor manufacturing and other critical processes. Similarly, the food and beverage industry utilizes gases for preservation, packaging, and food processing, while metal fabrication extensively uses oxygen and argon for welding, cutting, and heat treatment.
The report from MarketsandMarkets™ also points to the growing emphasis on sustainability and environmental regulations as factors influencing the market. For instance, the increasing adoption of hydrogen as a clean fuel source is expected to drive significant growth in the hydrogen segment of the industrial gases market. Additionally, the development of more energy-efficient production methods for industrial gases is also a key area of focus.
While the outlook is overwhelmingly positive, the report likely delves into the nuances of regional market dynamics, competitive landscapes, and the potential impact of supply chain considerations. Nonetheless, the overarching message is one of substantial opportunity and continued importance for the industrial gases sector in supporting global industrial progress and innovation.
Industrial Gases Market worth $126,526.8 million by 2030 – Exclusive Report by MarketsandMarkets™
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