Key Market Indicators
Industrial gas revenue is expected to reach nearly €90 million by 2026, up from €81 million in 2020. This growth is forecasted to average 1.4% year on year. Unfortunately, the market has declined by 0.1% year on year. France, Spain and the Netherlands are the top three countries in this ranking.
Industrial Gases Market Data and Forecasts
How much will Industrial Gases Market grow to 2026?
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Food grade gases are specialized gases which are employed in food processing and packaging applications. Nitrogen, oxygen and carbon dioxide figure prominently among these gases due to their roles in the preservation, chilling, and freezing of foods. This gives an extended shelf-life and keeps the quality intact. They are also...Read more
The Ethylene Oxide (EO) industry forms an integral part of the wider chemical industry, marked largely by its applications in derivatives such as ethylene glycol and surfactants. The demand dynamics for these end-products significantly influence the EO industry. For instance, a robust surge in the manufacturing of polyester fibers, resins...Read more
Industrial gases, including oxygen, nitrogen, and argon, among others, exhibit a robust symbiotic relationship with the metal and metal fabrication industry. They drive vital functions within the sector, encompassing metal cutting, welding, annealing, and smelting, enhancing productivity, and boosting operational efficiencies.Read more
The market sector related to atmospheric gases equipment is witnessing a consistent growth pattern. As the irreversible process of urbanization continues to gain traction around the globe, the demand for atmospheric gases, particularly for breathable air in urban areas, is surging. The realization of this need has spurred the development...Read more
Industrial Gases Market: Unveiling Growth Trends and Opportunities in Oxygen, Nitrogen, Argon Sectors
Contemporary trends in the industrial gases sector highlight a propelling need for the commodities involved, particularly Oxygen, Nitrogen, and Argon. The demand primarily originates from key industries such as healthcare, food and beverage, and metallurgy. Despite static growth spells, the market continues to see an upward trend, largely due to...Read more