Malaysia Industrial Gases Market Size & Outlook, 2023-2030
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Malaysia industrial gases market highlights
- The Malaysia industrial gases market generated a revenue of USD 632.3 million in 2023 and is expected to reach USD 1,041.5 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, oxygen was the largest revenue generating product in 2023.
- Oxygen 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 632.3 million |
| Market revenue in 2030 | USD 1,041.5 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Oxygen |
| Fastest growing segment | Oxygen |
| 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, Malaysia accounted for 0.6% 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 Asia Pacific, China industrial gases market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 31,811.1 million by 2030.
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Industrial Gases Market Scope
Industrial Gases Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| StealthGas Inc | View profile | 463 | 331 Kifissias Avenue, Erithrea, Athens, Greece, 14561 | https://www.stealthgas.com |
| Nippon Sanso Holdings Corp | View profile | 22200 | Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, Japan, 142-8558 | https://www.nipponsanso-hd.co.jp |
| Iwatani Corp | View profile | 11351 | 6-4, Hommachi 3-chome, Chuo-ku, Osaka, Japan, 541-0053 | http://www.iwatani.co.jp |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Air Products & Chemicals Inc | View profile | 23000 | 1940 Air Products Boulevard, Allentown, PA, United States, 18106-5500 | https://www.airproducts.com |
Malaysia 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 32.36% in 2023. Horizon Databook has segmented the Malaysia 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.
- Malaysia Industrial Gases Product Outlook (Revenue, USD Million, 2018-2030)
- Oxygen
- Nitrogen
- Hydrogen
- Carbon Dioxide
- Acetylene
- Argon
- Other Products
- Malaysia Industrial Gases Application Outlook (Revenue, USD Million, 2018-2030)
- Healthcare
- Manufacturing
- Metallurgy & Glass
- Food & Beverages
- Retail
- Chemicals & Energy
- Other Application
- Malaysia Industrial Gases Distribution Outlook (Revenue, USD Million, 2018-2030)
- On-Site
- Bulk
- Cylinder
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Target buyers of Malaysia 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 Malaysia industrial gases market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia industrial gases market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Malaysia industrial gases market size, by product, 2018-2030 (US$M)
Malaysia Industrial Gases Market Outlook Share, 2023 & 2030 (US$M)
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