In 2022, the North American market for industrial gas was valued at 26.12 billion U.S. dollars. This market value is expected to see a substantial increase, with projections of it reaching 44.17 billion U.S. dollars by 2030.

Additional information on the global Industrial Gas Market can be found here.

The size and share of the market is categorized based on Type (Atmospheric Gas, Process Gas) and Application (Manufacturing, Chemical & Energy, Metals, Electronics, Healthcare, Food & Beverage, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The size of the US Industrial Gas Industry was valued at USD 363.72 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.79% during the forecast period. The US industrial gas sector provides various industries with important gases like oxygen, nitrogen, hydrogen, and carbon dioxide. It is characterized by high purity, reliable supply, and advanced storage solutions. The applications span from health, where medical oxygen is used; in manufacturing, where it is applied for welding and cutting; food and beverages, where it is used for carbonation; to electronics for the production of semiconductors. The industry makes available compressed, liquefied, and cryogenic gases. Technological development is geared toward sustainable production and efficient distribution. In general, its impact involves increased efficiency in manufacturing, improvements in healthcare, and support for innovation. Versatility, reliability, and the support extended to critical processes are some of the advantages brought by it, thereby making the role of industrial gases critical to the US economy. Recent developments include: January 2023: Iwatani Corporation of America, a wholly-owned subsidiary of Iwatani Corporation, announced the acquisition of Aspen Air US, LLC, a leading manufacturer and distributor of bulk liquid industrial gases. This acquisition marks Iwatani's entrance into the United States Industrial Gases sector and highlights the company's expansion focus in this business segment., May 2022: Air Liquide established its largest liquid hydrogen production and logistics infrastructure complex in North Las Vegas, Nevada, to cater to the growing hydrogen mobility industry. With a USD 250 million investment, the plant has the capacity to manufacture 30 tons of liquid hydrogen per day, some of which is sourced from renewable natural gas produced using Air Liquide's advanced separation membrane technology, including landfill-sourced renewable natural gas.. Key drivers for this market are: Increasing Demand from the Healthcare Sector, Increasing Demand for Frozen and Stored Food; Growing Need for Alternate Energy Sources. Potential restraints include: Environmental Regulations and Safety Issues, Other Restraints. Notable trends are: Resilient Demand from the Healthcare Industry.

Explore Industrial Gases Market Regional Demand with our comprehensive analysis. Get insights on North America, Asia Pacific, Europe, and other key regions. Access country-level market data and understand market dynamics and growth potential across different regions.

The market is segmented By Source (Conventional gas, and Unconventional gas), By Application (Automotive, Power generation, Household, and Industrial fuel), and Country (Canada, USA, and Mexico)

North America Industrial Gas Turbines market size will be USD 3705.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 4704.9 Million by 2031. This growth is mainly attributed to the increasing investments in natural gas-based power plants and the focus on reducing coal dependency

The Industrial Gases market, valued at $3189.93 million in 2025, is projected to experience robust growth, driven by increasing industrialization, particularly in developing economies like India and China. The market's Compound Annual Growth Rate (CAGR) of 4.62% from 2017 to 2027 indicates a steady expansion, fueled by rising demand across various sectors including manufacturing, healthcare, and food processing. Key growth drivers include the expanding adoption of advanced manufacturing techniques like welding and cutting, the increasing use of industrial gases in cryogenic applications, and the growing demand for high-purity gases in various industries. Significant growth is anticipated in segments like nitrogen and oxygen, which are widely used in diverse industrial applications. The distribution channel is expected to witness changes with a likely shift towards more efficient and cost-effective tonnage distribution methods. Geographic expansion will continue, with Asia-Pacific and North America remaining dominant regions, although emerging markets in South America and the Middle East & Africa present significant growth potential. Competitive dynamics are shaping the market, with major players like Air Liquide, Linde, and Air Products aggressively pursuing strategies focused on innovation, strategic partnerships, and geographical expansion. The market faces certain restraints, such as fluctuating raw material prices and stringent environmental regulations. However, these challenges are likely to be offset by the long-term growth drivers, leading to a continued market expansion. The forecast period (2025-2033) promises significant growth opportunities for companies that can adapt to evolving market demands and technological advancements. The focus will likely shift toward sustainable and efficient industrial gas production and delivery methods to address environmental concerns and enhance operational efficiency. Technological innovations in gas separation and purification will further contribute to the market's expansion.

Food Grade Industrial Gases Market Outlook

The global food grade industrial gases market size was valued at approximately USD 8.5 billion in 2023 and is projected to reach around USD 13.6 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The growth of this market is propelled by a combination of factors such as the increasing demand for packaged and frozen foods, technological advancements in food processing, and the rising need for food safety. Food grade industrial gases are essential in preserving the quality, extending the shelf life, and maintaining the freshness of food products, making them indispensable in the modern food industry.

The burgeoning global population and the subsequent rise in food consumption are significant growth drivers for the food grade industrial gases market. As urbanization continues to expand and lifestyles become busier, there is an increased reliance on convenient and long-lasting food products. This shift has amplified the demand for effective food preservation methods, where food grade gases play a crucial role. Moreover, the trend towards reducing food wastage aligns with the adoption of these gases, as they help in maintaining the edibility and quality of food over extended periods. The food processing industry is continuously seeking advanced solutions to meet consumer expectations, thereby fostering market growth.

Technological advancements in food processing techniques are also contributing to the market's expansion. Innovations such as modified atmosphere packaging (MAP) and cryogenic freezing, which rely heavily on food grade industrial gases, are gaining traction across the globe. These technologies allow for the improved preservation of food items by providing an optimal atmosphere that inhibits microbial growth and oxidation. The ongoing research and development activities in this arena are expected to yield more efficient and cost-effective gas applications, propelling the market forward. Additionally, government regulations promoting food safety standards are encouraging food manufacturers to incorporate these gases into their processes to ensure compliance and maintain product integrity.

The growing recognition of food safety and hygiene among consumers is another key factor driving market growth. With an increasing number of food safety incidents making headlines, consumers are becoming more conscious about the quality and safety of the food they consume. This awareness is prompting food manufacturers to adopt food grade industrial gases more extensively to ensure their products meet the highest safety standards. Moreover, the COVID-19 pandemic has heightened consumer focus on hygiene and safety, further amplifying the demand for gases that can help mitigate contamination risks in food products.

Regionally, North America and Europe are anticipated to dominate the food grade industrial gases market due to their well-established food and beverage industries and stringent food safety regulations. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by urbanization, rising disposable incomes, and a burgeoning middle-class population. This region's dynamic food processing industry is quickly adopting advanced preservation technologies to meet the growing consumer demand for high-quality food products. Latin America and the Middle East & Africa regions are also poised for moderate growth as they continue to develop their food processing capabilities and infrastructure.

Gas Type Analysis

When analyzing the food grade industrial gases market by gas type, carbon dioxide emerges as a prominent segment due to its extensive applications in the food and beverage industry. Carbon dioxide is widely utilized in carbonation processes for beverages such as soft drinks, sparkling water, and beer. Additionally, it serves a critical function in modified atmosphere packaging (MAP) and in the preservation of perishable items by inhibiting bacterial growth. The versatility and effectiveness of carbon dioxide in ensuring product stability and prolonging shelf life are key factors driving its demand in the food industry. Its role in cryogenic freezing and chilling processes further accentuates its significance in the market.

Nitrogen is another vital gas type in the food grade industrial gases market, known for its inert properties that help in preserving the freshness and quality of food products. Nitrogen is extensively used in MAP to displace oxygen, thus preventing oxidation and spoilage. It is also employed in

The size and share of the market is categorized based on Type (Tonnage / Onsite Sale of Gas, PGP, Bulk) and Application (Merchant, Captive) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

North America Industrial Gas Turbine MRO Market is expected to grow at a high CAGR during the forecast period 2023-2030 | DataM Intelligence

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Industrial Gas Phase Filtration System Market Size 2025-2029

The industrial gas phase filtration system market size is forecast to increase by USD 603.8 million at a CAGR of 4.3% between 2024 and 2029.

The market experiences significant growth due to increasing demand for air pollution control in various industries, particularly in power generation and industrial gases. Stringent quality-related norms in sectors like food and beverage further boost the market's expansion. Additionally, the emergence of highly efficient filter media is a key trend driving the market's growth. 
However, uncertainties associated with volatile oil prices pose a challenge to market growth. Potassium permanganate, a popular filtration media, is widely used due to its effectiveness in removing impurities and odors from industrial gases. Stainless steel, a preferred material for filtration systems, ensures durability and resistance to corrosion. The market's future looks promising with continuous advancements in filtration technology and increasing awareness of air quality regulations.

What will be the Size of the Industrial Gas Phase Filtration System Market during the forecast period?

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The market is expected to grow significantly In the coming years due to the increasing focus on air pollution control and indoor air quality (IAQ) in both commercial and residential settings. The use of filter media, such as pellets of potassium permanganate and sodium permanganates, in gas phase filtration systems is also on the rise, as these materials effectively neutralize odors and gaseous pollutants. Global economic conditions and regulatory policies continue to shape the direction of the market, with ongoing efforts to reduce emissions and improve air quality driving demand for industrial gas phase filtration systems. Overall, the market is poised for continued growth as businesses and governments seek to meet evolving air quality standards and provide healthier, safer environments for workers and residents.

How is this Industrial Gas Phase Filtration System Industry segmented?

The industrial gas phase filtration system industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  W and WW
  Pharmaceutical
  Chemical
  Oil and gas
  Others


Type

  Packed bed
  Combination


Geography

  North America

    US
    Canada
    Mexico


  APAC

    China
    India
    Japan


  Europe

    Germany
    France
    UK
    Italy


  Middle East and Africa



  South America

By End-user Insights

The w and ww segment is estimated to witness significant growth during the forecast period.The market is driven by the increasing demand for clean air in commercial environments, including offices, residential buildings, and industrial facilities. With growing industrialization and stricter environmental laws, the need to control air pollution from gaseous contaminants such as VOCs, odor, and hazardous airborne pollutants has become crucial. Industries like pulp and paper, automotive, aerospace, and chemical processing generate significant amounts of these pollutants. Filter media, including activated carbon and pellets, are commonly used for absorption of impurities.

Technological advancements in filtration technologies, such as chemisorption filtration and Purafil filtration, offer enhanced performance and dependability. Air quality standards, both indoors and outdoors, continue to evolve, driven by regulatory requirements and the growing awareness of health risks associated with poor air quality. The global industry is expected to grow, despite regulatory uncertainty and economic conditions. Key players in the market include companies specializing in water and wastewater treatment, chemical processing, and air pollution control.

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The W and WW segment was valued at USD 702.70 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Industrial gas phase filtration systems are essential for purifying air in various industries and commercial environments. These systems utilize filter media, primarily made of activated carbon or potassium permanganate, to absorb impurities and gaseous contaminants, including volatile organic compounds (VOCs) and airborne chemicals. The chemical processing industry, which manufactures intermediate products f

The specialty gases market, valued at $10.63 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 7% from 2025 to 2033. This expansion is fueled by several key factors. The increasing demand for high-purity gases across various industries, including electronics, healthcare, and manufacturing, is a primary driver. Advancements in semiconductor fabrication techniques and the growing adoption of sophisticated analytical instruments further contribute to market growth. The rising focus on environmental sustainability is also impacting the market positively, with a shift towards eco-friendly gas production and delivery methods gaining momentum. Furthermore, the market is witnessing increased investments in research and development leading to the innovation of new specialty gas mixtures tailored to specific applications, thus driving market expansion. Competition is intense, with established players like Air Products and Chemicals Inc., Linde AG, and Air Liquide SA employing strategies focusing on strategic partnerships, technological advancements, and geographic expansion to maintain market share. Segment-wise, the market is categorized by type (e.g., oxygen, nitrogen, argon, etc.) and application (e.g., healthcare, manufacturing, research). While precise segmental breakdown isn't provided, based on industry trends, it's reasonable to assume that electronics and healthcare applications are significant contributors, experiencing faster growth due to technological advancements and increasing healthcare spending globally. Geographical analysis reveals a diversified market, with North America and Europe holding significant shares initially, but the Asia-Pacific region is expected to exhibit higher growth potential driven by rapid industrialization and increasing technological adoption in countries like China and India. Challenges such as price volatility of raw materials and stringent regulatory requirements related to gas handling and safety could potentially impede market growth, though technological innovation and improved supply chain management are mitigating these risks to a considerable degree.

The size and share of the market is categorized based on Application (Oxygen, Nitrogen, Argon, Carbon dioxide, Hydrogen) and Product (Metal manufacturing, Electronics, Healthcare, Food & Beverage, Chemicals, Energy) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

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Industrial Gas Storage Cabinets Market Size 2024-2028

The industrial gas storage cabinets market size is forecast to increase by USD 393.2 million at a CAGR of 4.5% between 2023 and 2028.

The market is experiencing significant growth due to several key trends. Rising safety regulations for handling industrial gases are driving the need for advanced storage solutions, such as gas cabinets, to ensure the safe and efficient handling of these gases. Eco-friendly and sustainable storage solutions, such as fuel cell technology, are gaining popularity due to their environmental benefits. Furthermore, the ability to store gases In the form of hydrates offers advantages in terms of reducing transportation costs and minimizing the risk of leakages. Regulatory standards mandate advanced safety systems, such as automatic pressure relief valves, locking mechanisms, and containment trays, to ensure the safe handling and storage of these gases. Additionally, fluctuations in oil and gas prices continue to impact the market, with the increasing adoption of natural gas as a cleaner alternative to traditional fossil fuels boosting demand for industrial gas storage solutions. Overall, these factors are contributing to the growth and evolution of the market.

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The industrial gas storage cabines market encompasses a range of applications, primarily centered around compressed air, nitrogen, and oxygen. This sector caters to various industries, including healthcare, laboratories, manufacturing, and chemical sectors, where workplace safety is paramount.
Market trends include the adoption of eco-friendly storage solutions, like wet and dry storage cabinets, which minimize gas loss and reduce environmental impact. Automation and integration with ventilation systems further enhance safety and efficiency. The market also witnesses growing demand for industrial gases from renewable energy sources, such as biogas and hydrogen, as part of the clean technologies movement. Gas cylinders continue to be a significant component of the market, but the shift towards advanced storage solutions is gaining momentum.

How is this Industry segmented and which is the largest segment?

The industrial gas storage cabinets industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Oil and gas industry
  Chemical industry
  Others


Geography

  North America

    US


  Europe

    Germany
    France


  APAC

    China
    Japan


  Middle East and Africa



  South America

By End-user Insights

The oil and gas industry segment is estimated to witness significant growth during the forecast period.

Industrial gas storage cabinets are essential components in various industries, particularly In the oil and gas sector, due to increasing safety regulations. OPEC countries, as significant oil and gas exporters, represent a substantial market for these cabinets. The growing industrialization and economic expansion in developing countries like India, Brazil, Russia, China, and Indonesia, coupled with the rising demand for steel, iron, glass and ceramics, automotive and transportation, and chemical and petrochemical industries, fuel the need for industrial gases. Consequently, the demand for industrial gas storage cabinets is on the rise. These cabinets are used to store compressed air, nitrogen, oxygen, and other gases.

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The oil and gas industry segment was valued at USD 609.00 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 51% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Industrial gas storage cabinets are essential for the secure and safe storage and transportation of compressed air, nitrogen, oxygen, and other industrial gases in sectors such as manufacturing, healthcare, laboratories, biogas, hydrogen, and renewable energy sources. The North American market is experiencing significant demand for industrial gases due to their extensive use in industries like construction, automotive, and electronics. For instance, the growth of the residential construction sector in North America is fueling the demand for industrial gases from the glass industry. However, workplace safety and regulatory standards are paramount concerns as the use of industrial gases incre

The global industrial gas regulator market is projected to grow from USD 11.3 billion in 2025 to USD 18.6 billion by 2033, at a CAGR of 4.98% from 2025 to 2033. The global industrial gas regulator market is driven by factors such as increasing demand for industrial gases in various applications, rising manufacturing activities, and the growth of the chemical and petrochemical industry. However, the market is restrained by factors such as intense competition and the volatility of raw material prices. The industrial gas regulator market is segmented based on product type, application, end-user industry, gas type, material, and region. Single-stage regulators hold the largest share of the market due to their low cost and ease of use. Two-stage and multi-stage regulators are gaining popularity due to their ability to provide higher precision and accuracy in gas flow control. Welding and cutting, chemical and petrochemical, and food and beverage are the major application segments of the market. Manufacturing, construction, and automotive are the major end-user industries of the market. Oxygen, nitrogen, and argon are the major gas types used in industrial gas regulators. Brass, stainless steel, and aluminum are the major materials used in the manufacturing of industrial gas regulators. North America and Europe are the dominant regions in the industrial gas regulator market, followed by Asia Pacific and the Middle East & Africa. The global industrial gas regulator market is poised to witness a remarkable growth trajectory in the coming years, reaching a projected valuation of over $5 billion by 2026. This surge is primarily driven by the increasing demand for industrial gases in various sectors, such as manufacturing, construction, and healthcare. Key drivers for this market are: Rising demand for petrochemicals, increasing use in healthcare and pharmaceuticals; growing adoption in the food and beverage industry; stringent government regulations; and technological advancements.. Potential restraints include: Rising demand technological advancementsStringent regulationsGrowing industrializationEmergence of new applications.

The market size of the North America Industrial Gas Treatment Market is categorized based on Application (Type 1, Type 2, Type 3, Type 4) and Product (Type 1, Type 2, Type 3, Type 4) and geographical region of North America which includes United States of America, Canada and Mexico.

The global industrial grade specialty gases market is experiencing robust growth, projected to reach a market size of $27.64 billion in 2025, with a compound annual growth rate (CAGR) of 7.3% from 2025 to 2033. This expansion is driven by several key factors. The increasing demand from diverse industrial sectors, particularly the steel, chemical & energy, and automotive industries, is a significant contributor. Technological advancements leading to more efficient gas production and delivery methods further fuel market growth. The rising adoption of specialty gases in emerging applications like semiconductor manufacturing and medical equipment also contributes to this upward trajectory. Furthermore, stringent environmental regulations promoting cleaner industrial processes are indirectly boosting demand for specialty gases that enable eco-friendly manufacturing techniques. However, market growth is not without its challenges. Price volatility of raw materials and potential supply chain disruptions pose significant restraints. Competition among established players and the entry of new participants might also impact profit margins. Nevertheless, ongoing research and development efforts focused on developing new specialty gas applications, coupled with strategic partnerships and collaborations within the industry, are likely to mitigate these challenges and support sustained market growth throughout the forecast period. The market segmentation, encompassing various gas types (carbon-based, noble, atmospheric, and others) and application areas, presents opportunities for specialized players to focus on niche segments and gain a competitive edge.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

The size and share of the market is categorized based on Type (Oxygen, Nitrogen, Hydrogen) and Application (Manufacturing, Healthcare, Electronics) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).