Middle East & Africa Specialty Gas Market Size & Outlook

The specialty gas market in Middle East & Africa is expected to reach a projected revenue of US$ 1,120.6 million by 2028. A compound annual growth rate of 9.6% is expected of Middle East & Africa specialty gas market from 2024 to 2028.

Revenue, 2023 (US$M)
$707.8
Forecast, 2028 (US$M)
$1,120.6
CAGR, 2024 - 2028
9.6%
Report Coverage
Middle East & Africa

MEA specialty gas market highlights

  • The MEA specialty gas market generated a revenue of USD 707.8 million in 2023.
  • The market is expected to grow at a CAGR of 9.6% 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.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2028.

MEA data book summary

Market revenue in 2023USD 707.8 million
Market revenue in 2028USD 1,120.6 million
Growth rate9.6% (CAGR from 2023 to 2028)
Largest segmentCarbon gases
Fastest growing segmentUltra-High Purity Gases
Historical data covered2016 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, MEA region accounted for 6.2% of the global specialty gas market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 8,997.5 million by 2028.

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Specialty Gas Market Companies

Name Profile # Employees HQ Website

Middle East & Africa 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 26.22% in 2023. Horizon Databook has segmented the Middle East & Africa 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.


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

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Target buyers of Middle East & Africa 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa specialty gas market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa specialty gas market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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MEA specialty gas market size, by country, 2016-2028 (US$M)

Middle East & Africa Specialty Gas Market Outlook Share, 2023 & 2028 (US$M)

MEA specialty gas market size, by country, 2016-2028 (US$M)

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