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3 days ago
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Industrial Gases Market Industry Trends and Global Forecast Report to 2035, Featuring Profiles of BASF, Bristorl Gases, Dubai Industrial Gases, Gulf Cryo, Linde, Nippon Sanso, Yingde Gases and more
The global industrial gases market is set to grow from USD 102.9 billion in 2025 to USD 219.9 billion by 2035, at a CAGR of 7.15%. Key market segments include product type, gas type, technology, and geographic regions. Top companies like Linde and Air Products leverage innovation to meet increasing industrial demands. Industrial Gas Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Industrial Gases Market Industry Trends and Global Forecasts to 2035: Distribution Type of Product, Type of Gas, Type of Technology, Type of Application, Type of End User, Type of Distribution, Company Size and Key Geographical Regions" report has been added to offering. The global industrial gases market size is estimated to grow from USD 102.9 billion in 2025, to USD 219.9 billion by 2035, at a CAGR of 7.15% during the forecast period, till 2035. Industrial Gases Market: Growth and Trends Industrial gases, such as Oxygen, Nitrogen, Hydrogen, Carbon dioxide, Acetylene, and Argon are essential gases that are manufactured and supplied for use in various industrial processes. These gases play a pivotal role in manufacturing, healthcare, food and beverage preservation, environmental protection, and numerous other industries. In addition, these offer efficiency, safety, and technological advancement. In recent years, the increasing urbanization and industrialization have fueled the demand for industrial gases among key applications. In terms of the type of gases, oxygen is one of the leading gases due to its wide range of applications particularly, in healthcare sectors where it is largely used for critical patient care and respiratory disease treatment. In this context, the COVID-19 pandemic is one of the recent examples that has spiked oxygen demand and driven the growth of the industrial gases market around the world; this has expanded the scope of the industrial gases market which continues to rise. The soaring construction industries are further amplifying the market opportunities with an increasing need for industrial gases. As a result, leading industrial gas companies are leveraging this opportunity and boosting their services and market reach. The industrial automation is also contributing to the growth of this market as many automated processes rely on industrial gases for wide range of applications. In addition, with the current variety of applications, new uses for these gases are also emerging with the ever-growing industries and technologies. Due to this, numerous companies are entering the market and investing in advanced technologies and innovative solutions, such as high-purity and specialty gases for specific applications. The precious metal is another crucial segment where industrial gases play critical role, specifically in refining and processing operations. It is interesting to note that by broadening product and service offerings to cater to a wider range of industries and applications, stakeholders are driving market growth which is anticipated to continue to grow over this forecast period. Industrial Gases Market: Key Segments Type of Product: Atmospheric gases currently dominate due to expanding needs in healthcare for respiratory therapies and pharmaceutical production. However, process gases are expected to witness the highest CAGR owing to growing industrial applications. Type of Gas: Oxygen is leading the market thanks to its vital applications in various sectors, notably healthcare and environmental management. Its growing demand underscores its significance in steel production and chemical manufacturing. Type of Technology: Cryogenic air separation is favored for its high purity gas production. Meanwhile, pressure swing adsorption is anticipated to grow rapidly due to its applications in gas drying and hydrogen purification. Type of Application: Cryogenics hold a majority share, especially in pharmaceuticals, while cutting and welding segments are set to grow at a higher pace. Company Size: Large enterprises leverage extensive resources and infrastructure to dominate the market. However, small and medium-sized enterprises are emerging players driving innovation and technological advances. End User: The healthcare sector is a significant contributor due to the high demand for medical oxygen, particularly amid health crises like the COVID-19 pandemic. Distribution: Bulk transport captures the majority share as it caters to large industrial clients efficiently. Geographical Insights Asia-Pacific leads the market with rapid industrial growth and robust manufacturing sectors in developing countries like China and India. This region is followed by significant contributions from North America and Europe, driven by advances in manufacturing and healthcare technologies. Key Players in Industrial Gases Market Profiled in the Report, Include: Air Gase Air Product Air Water Incorporation BASF Bhuruka Gases Bristorl Gases Concorde-Corodex Group Dubai Industrial Gases Ellenbarrie Industrial Gases Gulf Cryo KGaA Linde Matheson Tri-Gas Messer Group Nippon Sanso Holding Southern Company Gas Universal Industrial Gases Yingde GASes Group Industrial Gases Market: Research Coverage The report on the industrial gases market features insights on various sections, including: Market Sizing and Opportunity Analysis: An in-depth analysis of the industrial gases market, focusing on key market segments, including type of product, type of gas, type of technology, type of application, type of end user, type of distribution, company size, and geographical regions. Competitive Landscape: A comprehensive analysis of the companies engaged in the industrial gases market, based on several relevant parameters, such as year of establishment, company size, location of headquarters, ownership structure. Company Profiles: Profiles of prominent players engaged in the industrial gases market, providing details on location of headquarters, company size, company mission, company footprint, management team, contact details, financial information, operating business segments, industrial gases portfolio, moat analysis, recent developments, and an informed future outlook. SWOT Analysis: An insightful SWOT framework, highlighting the strengths, weaknesses, opportunities and threats in the domain. Additionally, it provides Harvey ball analysis, highlighting the relative impact of each SWOT parameter. Key Questions Answered in this Report How many companies are currently engaged in industrial gases market? Which are the leading companies in this market? What factors are likely to influence the evolution of this market? What is the current and future market size? What is the CAGR of this market? How is the current and future market opportunity likely to be distributed across key market segments? Key Topics Covered: 1. PREFACE 2. RESEARCH METHODOLOGY3 ECONOMIC AND OTHER PROJECT SPECIFIC CONSIDERATIONS 4. MACRO-ECONOMIC INDICATORS 5. EXECUTIVE SUMMARY 6. INTRODUCTION 7. COMPETITIVE LANDSCAPE7.1. Chapter Overview7.2. Industrial Gases: Overall Market Landscape7.2.1. Analysis by Year of Establishment7.2.2. Analysis by Company Size7.2.3. Analysis by Location of Headquarters7.2.4. Analysis by Ownership Structure 8. COMPANY PROFILES BASF Bristorl Gases Dubai Industrial Gases Gulf Cryo Linde Matheson Tri-Gas Messer Group Nippon Sanso Holding Southern Company Gas Yingde Gases 9. VALUE CHAIN ANALYSIS 10. SWOT ANALYSIS 11. GLOBAL INDUSTRIAL GASES MARKET11.1. Chapter Overview11.2. Key Assumptions and Methodology11.3. Trends Disruption Impacting Market11.4. Global Industrial Gases Market, Historical Trends (Since 2018) and Forecasted Estimates (Till 2035)11.5. Multivariate Scenario Analysis11.6. Key Market Segmentations 12. MARKET OPPORTUNITIES BASED ON TYPE OF PRODUCT 13. MARKET OPPORTUNITIES BASED ON TYPE OF GAS 14. MARKET OPPORTUNITIES BASED ON TYPE OF TECHNOLOGY 15. MARKET OPPORTUNITIES BASED ON TYPE OF APPLICATION 16. MARKET OPPORTUNITIES BASED ON COMPANY SIZE 17. MARKET OPPORTUNITIES BASED ON END USER 18. MARKET OPPORTUNITIES BASED ON TYPE OF DISTRIBUTION 19. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN NORTH AMERICA 20. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN EUROPE 21. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN ASIA 22. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN MIDDLE EAST AND NORTH AFRICA (MENA) 23. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN LATIN AMERICA 24. MARKET OPPORTUNITIES FOR INDUSTRIAL GASES IN REST OF THE WORLD For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Industrial Gas CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
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6 days ago
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Air Products and Chemicals, Inc. (APD) Declares Quarterly Dividend
On May 22, Air Products and Chemicals, Inc. (NYSE:APD) declared a quarterly dividend of $1.79 per share, which was in line with its previous dividend. Air Products and Chemicals, Inc. (NYSE:APD) is an American multinational company that is known for its industrial gases, performance materials, and associated equipment and services. The company has maintained a steady track record of dividend payments since 1954. Notably, it has raised its dividend every year for the past 43 years. This consistent dividend growth is largely supported by the company's strong cash flow. In the first half of 2025, Air Products and Chemicals, Inc. (NYSE:APD) reported $1.1 billion in operating cash flow, reflecting its solid financial position and ability to deliver reliable shareholder returns. As of May 22, Air Products and Chemicals, Inc. (NYSE:APD) has a dividend yield of 2.66%, and the stock will trade ex-dividend on July 1. APD has surged by nearly 2% in the past month. While we acknowledge the potential of APD as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than APD but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None.
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6 days ago
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Air Products and Chemicals, Inc. (APD) Declares Quarterly Dividend
On May 22, Air Products and Chemicals, Inc. (NYSE:APD) declared a quarterly dividend of $1.79 per share, which was in line with its previous dividend. Air Products and Chemicals, Inc. (NYSE:APD) is an American multinational company that is known for its industrial gases, performance materials, and associated equipment and services. The company has maintained a steady track record of dividend payments since 1954. Notably, it has raised its dividend every year for the past 43 years. This consistent dividend growth is largely supported by the company's strong cash flow. In the first half of 2025, Air Products and Chemicals, Inc. (NYSE:APD) reported $1.1 billion in operating cash flow, reflecting its solid financial position and ability to deliver reliable shareholder returns. As of May 22, Air Products and Chemicals, Inc. (NYSE:APD) has a dividend yield of 2.66%, and the stock will trade ex-dividend on July 1. APD has surged by nearly 2% in the past month. While we acknowledge the potential of APD as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than APD but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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7 days ago
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Air Products Declares Quarterly Dividend
LEHIGH VALLEY, Pa., May 22, 2025 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.79 per share of common stock. The dividend is payable on August 11, 2025 to shareholders of record at the close of business on July 1, 2025. About Air Products Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally. Air Products had fiscal 2024 sales of $12.1 billion from operations in approximately 50 countries and has a current market capitalization of about $60 billion. For more information, visit or follow us on LinkedIn, X, Facebook or Instagram. View original content: SOURCE Air Products Sign in to access your portfolio
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08-05-2025
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Company delays multibillion-dollar Ascension Parish blue hydrogen project
BATON ROUGE, La. (Louisiana First) — Air Products confirmed to Louisiana First News that the multibillion-dollar blue hydrogen project in Ascension Parish has been delayed amid conversations with possible investors. An Air Products spokesperson said the earliest the project could begin production is 2028 or 2029. 'Our Louisiana team remains focused on the project, and we continue to work with local and state officials to secure the necessary permits for the entire Louisiana Clean Energy Complex,' spokesperson Christina Stephens said. The project hailed by former Gov. John Bel Edwards as a landmark clean energy initiative was announced in October 2021 as a $4.5 billion industrial facility called the Louisiana Clean Energy Complex. According to Air Products, 170 permanent jobs are expected to be created. A project overview of the complex said it would produce over 750 million standard cubic feet per day of blue hydrogen for pipeline customers along the Gulf Coast and blue ammonia for global markets. Lawsuit challenges Louisiana's approval of CO2 pipeline in Maurepas Swamp Smoke from climate-fueled wildfires contributed to thousands of deaths over 15 years: Study 3 Doors Down frontman Brad Arnold announces Stage 4 cancer diagnosis Jennifer Aniston's alleged stalker, gate crasher facing felony charges Kennedy reintroduces bill to support Louisiana crawfish farmers Trump announces trade agreement with UK Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
