GITNUX MARKETDATA REPORT 2024

Industrial Gas Industry Statistics

Industrial gas industry statistics track production, sales, and consumption of various gases used in manufacturing and other industries.

Statistic 1

"In 2020, the carbon dioxide gas segment accounted for around 17% of the total industrial gas market."

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Statistic 2

"The usage of industrial gases in the food and beverage industry is projected to grow significantly, with a CAGR of 6.0% till 2028."

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Statistic 3

"The industrial gas market in the healthcare sector particularly recorded significant growth, attributed to rising medical oxygen demand due to COVID-19."

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Statistic 4

"In 2020, the industrial gas market for electronics and semiconductors was valued at around USD 12.5 billion globally."

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Statistic 5

"The nitrogen gas segment held about 20% of the global industrial gas market in 2020."

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Statistic 6

"The key players in the industrial gas market include Linde Group, Praxair, Air Liquide, and Air Products and Chemicals."

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Statistic 7

"By 2028, the global industrial gas market size is expected to reach approximately USD 124.1 billion."

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Statistic 8

"The hydrogen gas segment dominated the industrial gas market, accounting for more than 25% of the revenue share in 2020."

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Statistic 9

"The application of industrial gases in healthcare is projected to grow at a CAGR of 7.0% from 2021 to 2028."

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Statistic 10

"North America held the largest market share of over 30% in the global industrial gas industry in 2020."

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Statistic 11

"Market analysts predict an increase in green and sustainable industrial gas production methodologies over the next decade."

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Statistic 12

"The industrial gas industry is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2021 to 2028."

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Statistic 13

"Industrial gases are extensively used in the metal manufacturing industry, accounting for nearly 40% of their application."

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Statistic 14

"The global hydrogen production market, integral to industrial gases, is expected to be worth USD 199.1 billion by 2023."

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Statistic 15

"The U.S. industrial gas industry generated about USD 23.5 billion in revenues in 2020."

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Statistic 16

"The market demand for oxygen is substantially driven by its application in healthcare, especially during the COVID-19 pandemic."

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Statistic 17

"The Asia Pacific industrial gas market is expected to witness the highest growth rate from 2021 to 2028."

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Statistic 18

"In 2021, the industrial gas market in Europe was valued at approximately USD 16 billion."

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Statistic 19

"The Middle East and Africa regions are anticipated to grow at a steady CAGR of 5.0% from 2021 to 2028 in the industrial gas industry."

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Statistic 20

"The global industrial gas market size was valued at USD 80.64 billion in 2020."

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