The industrial gases turnover in Germany has shown fluctuations over the past decade, peaking at 1.88 billion Euros in 2013 and reducing to 1.64 billion Euros in 2023. The year-on-year variations indicate an overall downward trend with occasional rebounds. The average compound annual growth rate (CAGR) over the last five years stands at approximately -1.62%. Forecasted data suggests a continued decline, with the turnover expected to reach 1.55 billion Euros by 2028, reflecting a forecasted 5-year CAGR of -0.89%.

Future trends to watch for:

Potential impact of energy transition and decarbonization efforts on industrial gas demand.
Technological advancements in industrial gas production and usage efficiency.
Emerging applications of industrial gases in sectors like healthcare and electronics.