Japan Specialty Gas Market Size & Outlook, 2023-2028

The specialty gas market in Japan is expected to reach a projected revenue of US$ 856.4 million by 2028. A compound annual growth rate of 8.3% is expected of Japan specialty gas market from 2024 to 2028.
Revenue, 2023 (US$M)
$574.5
Forecast, 2028 (US$M)
$856.4
CAGR, 2024 - 2028
8.3%
Report Coverage
Japan

Japan specialty gas market highlights

  • The Japan specialty gas market generated a revenue of USD 574.5 million in 2023 and is expected to reach USD 856.4 million by 2028.
  • The Japan market is expected to grow at a CAGR of 8.3% from 2024 to 2028.
  • In terms of segment, carbon gases was the largest revenue generating product in 2023.
  • Ultra-High Purity Gases is the most lucrative product segment registering the fastest growth during the forecast period.

Specialty gas market data book summary

Market revenue in 2023USD 574.5 million
Market revenue in 2028USD 856.4 million
Growth rate8.3% (CAGR from 2023 to 2028)
Largest segmentCarbon gases
Fastest growing segmentUltra-High Purity Gases
Historical data2016 - 2022
Base year2023
Forecast period2024 - 2028
Quantitative unitsRevenue in USD million
Market segmentationUltra-High Purity Gases, Noble Gases, Carbon Gases, Halogen Gases
Key market players worldwideAir Products & Chemicals Inc, Air Liquide SA, Linde PLC, Nippon Sanso Holdings Corp, Wesfarmers Ltd, Resonac Holdings Corp

Other key industry trends

  • In terms of revenue, Japan accounted for 5.0% of the global specialty gas market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2028.
  • In Asia Pacific, China specialty gas market is projected to lead the regional market in terms of revenue in 2028.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,687.2 million by 2028.

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Specialty Gas Market Companies

Name Profile # Employees HQ Website

Japan specialty gas 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 specialty gas market will help companies and investors design strategic landscapes.


Carbon gases was the largest segment with a revenue share of 26.23% in 2023. Horizon Databook has segmented the Japan specialty gas market based on ultra-high purity gases, noble gases, carbon gases, halogen gases covering the revenue growth of each sub-segment from 2016 to 2028.


  • Japan Specialty Gas Product Outlook (Revenue, USD Million, 2016-2028)
    • Ultra-High Purity Gases
    • Noble Gases
    • Carbon Gases
    • Halogen Gases
    • Others
  • Japan Specialty Gas Application Outlook (Revenue, USD Million, 2016-2028)
    • Manufacturing
    • Electronics
    • Healthcare
    • Institutions
    • Others

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Target buyers of Japan specialty gas market databook

  • Our clientele includes a mix of specialty gas 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 country-level data and insights on the Japan specialty gas market , including forecasts for subscribers. This country databook contains high-level insights into Japan specialty gas market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Japan specialty gas market size, by product, 2016-2028 (US$M)

Japan Specialty Gas Market Outlook Share, 2023 & 2028 (US$M)

Japan specialty gas market size, by product, 2016-2028 (US$M)

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