United States Industrial Gases Market was valued at USD 25 Billion in 2022 and is projected to reach USD 38 Billion by 2030, growing at a CAGR of 6% from 2024 to 2030.
The US Industrial Gases Market is experiencing significant growth driven by diverse industries' evolving needs. These gases are essential in various manufacturing processes, medical applications, and energy production, contributing to the country’s economic development. From healthcare to metal fabrication, the demand for industrial gases is consistently rising, each sector depending on these gases for specific applications.
Industrial gases primarily consist of oxygen, nitrogen, carbon dioxide, hydrogen, and noble gases. They are produced in large quantities and are used for a variety of purposes, such as enabling chemical reactions, providing cooling, and aiding in the manufacturing of high-quality products. The global expansion of industries such as automotive, electronics, and food processing has spurred the growth of the industrial gases market, as these gases are critical to the efficiency and quality of production processes.
In industries like healthcare, medical-grade oxygen is in constant demand to support life-saving treatments, especially in hospitals and clinics. Nitrogen is widely used in the electronics industry to create controlled atmospheres for sensitive components, ensuring their quality and durability. The food and beverage industry also plays a significant role in the industrial gases market, utilizing carbon dioxide for carbonation and nitrogen for packaging to extend product shelf life.
The ongoing development of renewable energy sources further propels the growth of the US industrial gases market. Hydrogen, a clean alternative to fossil fuels, is being used extensively in energy production and fuel cells. As industries work towards achieving sustainability goals, the demand for low-emission, efficient solutions increases, contributing to the overall expansion of the market.
Companies within the industrial gases sector are responding to these rising demands by adopting new technologies and investing in infrastructure to enhance their production capabilities. This ensures that they can meet the diverse and growing needs of industries across the country.
From high-tech production to life-saving medical applications, the US Industrial Gases Market continues to expand and evolve. With industries seeking efficiency, sustainability, and precision, the role of these gases in modern manufacturing and healthcare systems is undeniable.
Get an In-Depth Research Analysis of the US Industrial Gases Market Size And Forecast [2025-2032]
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Air Liquide
Air Products and Chemicals
Taiyo Nippon Sanso
Air Water
Messer
Yingde Gases
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Industrial Gases Market
Oxygen
Nitrogen
Argon
Carbon Dioxide
Hydrogen
Acetylene
Neon
Metal Processing
Chemical Manufacturing
Food & Beverage
Healthcare & Pharmaceuticals
Electronics
Aerospace
Energy & Power Generation
Cylinder Supply
Bulk Supply
Piped Supply
On-site Generation
High Purity Gases (99.999% and above)
Medium Purity Gases (99% - 99.999%)
Industrial Grade Gases (below 99%)
Manufacturing
Construction
Food & Beverage Processing
Healthcare
Electronics and Semiconductors
Aeronautics
Energy and Utilities
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Industrial Gases Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Industrial Gases Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Industrial Gases Market, By Type
6. US Industrial Gases Market, By Application
7. US Industrial Gases Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Industrial Gases Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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