The Industrial Gases market in Italy experienced fluctuations between 2012 and 2022. After starting at a value of 1.4994 Billion Euros in 2012, the market's value rose slightly to 1.5095 Billion Euros in 2013, before entering a declining phase. From 2014 to 2019, the market saw a consistent decrease, hitting 1.166 Billion Euros in 2019. The slight uptick in 2020 showed a minimal recovery. The year 2021 brought a notable 8.52% increase, followed by a minor decline in 2022. As of 2023, the market is projected to stabilize, focusing on steady growth.
Future trends to watch include:
- Technological advancements in gas production and application
- Growing emphasis on sustainability and the hydrogen economy
- Regulatory impacts and market consolidation
| # | 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% | |
| 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 |
