The industrial gases market in Denmark showed considerable growth from 2013 to 2023, increasing from 161.01 million cubic meters to 276.99 million cubic meters. The year-on-year variation in 2022 was 3.40%, followed by a forecasted rise of 3.26% in 2023. Over the last five years, the compound annual growth rate (CAGR) has averaged 2.35%. Looking ahead, the market is projected to grow further, reaching 319.4 million cubic meters by 2028, with a forecasted five-year CAGR of 2.26% and a total five-year growth rate of 11.82%.
Future trends to watch include technological advancements in gas production, increased demand in healthcare and manufacturing sectors, and sustainability initiatives driving industry regulations and innovation, shaping the market dynamics in Denmark.
