France Industrial Gases Market Size & Outlook, 2023-2030
France industrial gases market, 2018-2030 (US$M)
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France industrial gases market highlights
- The France industrial gases market generated a revenue of USD 4,899.4 million in 2023 and is expected to reach USD 6,887.7 million by 2030.
- The France market is expected to grow at a CAGR of 5% 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 4,899.4 million |
| Market revenue in 2030 | USD 6,887.7 million |
| Growth rate | 5% (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, France accounted for 4.7% 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 Europe, Germany industrial gases market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 10,953.8 million by 2030.
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Industrial Gases Market Scope
Industrial Gases Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 29.53% in 2023. Horizon Databook has segmented the France 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.
The French industrial gas market is occupied 17.3% market share in European region owing presence of major industrial gas end user industries such as chemical, automobile, arms manufacturing and energy. High demand from these industries are expected to increase consumption industrial gases in this region.
Healthcare sector is one of the key contributors in France GDP, which accounted for 11.2% in 2018. Technological advancement in medical industry coupled with supportive government investments are fostering the production of industrial gas.
Government resourcefulness in strengthening end user industries such as manufacturing, chemicals, healthcare, food & beverage, etc. is projected to positively influencing market growth over the forecasted period.
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Target buyers of France 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 France industrial gases market , including forecasts for subscribers. This country databook contains high-level insights into France industrial gases market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France industrial gases market size, by product, 2018-2030 (US$M)
France Industrial Gases Market Outlook Share, 2023 & 2030 (US$M)
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