The Romanian industrial gases market has shown consistent growth with the market size reaching 97.269 million Euros in 2023. The year-on-year growth for 2022 and 2023 was 3.64% and 3.47% respectively, indicating steady expansion. The compound annual growth rate (CAGR) over the past five years stands at 3.44%, demonstrating moderate growth.
Future trends to watch for include advancements in energy-efficient gas production technologies, increasing demand from healthcare and manufacturing sectors, and potential impacts of regulatory changes regarding environmental standards. Observing these trends will be crucial for stakeholders in the market.
How does Romania rank in Industrial Gases Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,428,600,000 | 2023 | +0.22% | -0.67% | View data |
| 2 | 2 Italy | 1,218,600,000 | 2023 | -1.91% | +0.77% | View data |
| 3 | 3 Spain | 1,026,600,000 | 2023 | +3.09% | +2.5% | View data |
| 4 | 4 Netherlands | 804,330,000 | 2023 | -0.87% | -0.46% | View data |
| 5 | 5 Poland | 483,380,000 | 2023 | +2.51% | +2.56% | View data |
| 10 | 10 Denmark | 122,850,000 | 2023 | -0.38% | -0.06% | View data |
| 11 | 11 Portugal | 115,600,000 | 2023 | -1.24% | -1.07% | View data |
| 12 | 12 Romania | 97,269,000 | 2023 | +3.47% | +3.44% | |
| 13 | 13 Greece | 53,860,000 | 2023 | -3.91% | -2.82% | View data |
| 14 | 14 Croatia | 27,847,000 | 2023 | +1.61% | +1.27% | View data |
