In 2023, the production of industrial gases in the UK was at 1.895 billion kilograms. The forecasted data for 2024 indicates a production of 2.0108 billion kilograms, marking a year-on-year increase of approximately 6.1%. The trend continues with an increase of around 6.0% in 2025, 5.5% in 2026, 5.1% in 2027, and 4.8% in 2028. Over the forecasted period from 2024 to 2028, the compound annual growth rate (CAGR) stands at around 5.5%.
Future trends to watch for in the UK industrial gas sector include technological advancements in production processes, potential regulatory changes impacting emissions, and shifts in demand driven by industries transitioning to sustainable practices and green technologies.
