The industrial gases market in the Netherlands experienced fluctuations between 2013 and 2023, with a notable dip in 2020, dropping to €685.5 million and a slight decline in 2023 at €804.33 million. From 2017 through 2023, the compound annual growth rate (CAGR) was -0.46%, indicative of a gradual contraction. Forecasts suggest the market will continue this trend, with a 2028 forecasted value of €765.12 million, yielding a projected five-year CAGR of -0.73% and an overall growth rate decline of -3.6%.
Future trends to watch for include advancements in renewable energy and green technologies, which may alter demand for specific industrial gases. Additionally, regulatory changes and economic developments in the European Union will significantly influence market dynamics.
