Europe Industrial Gases Market Size & Outlook, 2023-2030
Europe industrial gases market, 2018-2030 (US$M)
Related Markets
Europe industrial gases market highlights
- The Europe industrial gases market generated a revenue of USD 28,497.8 million in 2023.
- The market is expected to grow at a CAGR of 5.9% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 28,497.8 million |
| Market revenue in 2030 | USD 42,636.5 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Oxygen |
| Fastest growing segment | Nitrogen |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 27.1% of the global industrial gases market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 76,636.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Industrial Gases Market Scope
Industrial Gases Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 26.57% in 2023. Horizon Databook has segmented the Europe 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.
In terms of revenue, Europe was the third-largest industrial gases market in the world in 2020. Germany holds the largest share in the European industrial gases market, followed by, UK, France, and Italy. Industrial gases are majorly used in electronics, healthcare, manufacturing, food & beverages, and other industries, including chemicals & energy.
Many leading industrial gasses produces gave production facilities in across Europe, Messer Group has manufacturing plants across Europe, including Belgium, France, Austria, Switzerland, Serbia, and Hungary.
Moreover, high disposable income and increased standard of living is driving the demand for packed food in European country thus driving the demand for industrial gases in food and beverage application in Europe.
Reasons to subscribe to Europe industrial gases market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe industrial gases market databook
-
Our clientele includes a mix of industrial gases market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the Europe industrial gases market , including forecasts for subscribers. This continent databook contains high-level insights into Europe industrial gases market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe industrial gases market size, by country, 2018-2030 (US$M)
Europe Industrial Gases Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
