From 2013 to 2023, the market for Hydrogen, Argon, Rare Gases, Nitrogen, and Oxygen in Poland increased from €291.84 million to €422.11 million. The most significant annual growth occurred in 2017 with a 13.94% rise. The last five years exhibit an average annual growth rate of 2.51%, reflecting a moderate yet stable increase in market value, even considering some volatility like the drop in 2020.
Future trends to watch for include the potential growth in demand driven by the green energy transition, innovations in industrial applications, and a possible increase in local production capabilities to reduce dependency on imports.
How does Poland rank in Hydrogen, Argon, Rare Gases, Nitrogen and Oxygen Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,254,300,000 | 2023 | -0.44% | -1.38% | View data |
| 2 | 2 France | 942,880,000 | 2023 | -3.16% | -3.39% | View data |
| 3 | 3 Spain | 903,180,000 | 2023 | +3.11% | +2.62% | View data |
| 4 | 4 Netherlands | 761,690,000 | 2023 | -0.24% | -1.48% | View data |
| 5 | 5 Poland | 422,110,000 | 2023 | +2.56% | +2.51% | |
| 6 | 6 Finland | 279,240,000 | 2023 | +2.66% | +2.01% | View data |
| 7 | 7 Belgium | 256,480,000 | 2023 | +0.19% | -3.64% | View data |