Brazil Industrial Gases Market Size & Outlook, 2023-2030
Brazil industrial gases market, 2018-2030 (US$M)
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Brazil industrial gases market highlights
- The Brazil industrial gases market generated a revenue of USD 2,933.2 million in 2023 and is expected to reach USD 3,927.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, oxygen was the largest revenue generating product in 2023.
- Nitrogen is the most lucrative product segment registering the fastest growth during the forecast period.
Industrial gases market data book summary
| Market revenue in 2023 | USD 2,933.2 million |
| Market revenue in 2030 | USD 3,927.0 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Oxygen |
| Fastest growing segment | Nitrogen |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Argon, Other Products |
| Key market players worldwide | Air Liquide SA, Air Products & Chemicals Inc, Iwatani Corp, Linde PLC, StealthGas Inc, Nippon Sanso Holdings Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.8% of the global industrial gases market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil industrial gases market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 3,927.0 million by 2030.
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Industrial Gases Market Scope
Industrial Gases Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil industrial gases market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial gases market will help companies and investors design strategic landscapes.
Oxygen was the largest segment with a revenue share of 30.29% in 2023. Horizon Databook has segmented the Brazil industrial gases market based on oxygen, nitrogen, hydrogen, carbon dioxide, acetylene, argon, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is the largest South American economy and is a part of BRICS. Industrial developments across the country have provided new applications for the industrial gases market. The petrochemical industry in Brazil is recovering from recession and economic crisis.
According to the Federation of Industries of the State of Rio de Janeiro, 44 offshore production systems are scheduled to be operational by 2030. Industrial gases such as CO2 is largely used in these systems for the extraction of oil and gas.
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Target buyers of Brazil industrial gases market databook
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Our clientele includes a mix of industrial gases market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil industrial gases market , including forecasts for subscribers. This country databook contains high-level insights into Brazil industrial gases market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil industrial gases market size, by product, 2018-2030 (US$M)
Brazil Industrial Gases Market Outlook Share, 2023 & 2030 (US$M)
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