Between 2012 and 2022, the industrial gases market in the Netherlands showed fluctuating trends. In 2012, the market size value was 962.52 million euros, peaking slightly in 2013 before experiencing a decline from 2014 to 2016. The market rebounded modestly from 2017 to 2019, but saw a significant drop in 2020 with an 18.9% year-on-year decrease. Despite a recovery in 2021 and 2022, the compound annual growth rate (CAGR) over the last five years remained at -0.16%. By 2023, the market was noted to stand at a value consistent with the observed recovery trend in 2022.
Future trends to watch for include:
- Technological advancements contributing to more efficient gas production and storage.
- The impact of environmental regulations and sustainability initiatives on market demand.
- Potential market consolidation and strategic partnerships among key players.
- Emerging applications in healthcare, electronics, and renewable energy sectors driving growth.
How does the Netherlands rank in Industrial Gases Market Size Value?
| # | 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% | View data |
| 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% | |
| 5 | 5 Poland | 483,380,000 | 2023 | +2.51% | +2.56% | View data |
| 6 | 6 Belgium | 478,520,000 | 2023 | +1.66% | +2.67% | View data |
