The industrial gas market in Germany, covering hydrogen, argon, rare gases, nitrogen, and oxygen, is projected to experience steady growth. From 2024 to 2028, the market volume is forecasted to rise from 2.3693 billion cubic meters to 2.4176 billion cubic meters, translating to a modest annual compound growth rate. The market size in 2023 stood at 2.3571 billion cubic meters. Year-on-year growth varies narrowly, indicating stable demand and market expansion.
Future trends to watch for include:
- Developments in green hydrogen technology, influencing hydrogen demand and production.
- Regulatory changes impacting rare gases, possibly affecting supply and environmental strategies.
- Advancements in industries like electronics and healthcare that could drive demand for specific gases.
