The industrial gas industry provides various gases for different applications. In 2022, the industry was worth 96.52 billion U.S. dollars, and it was expected to grow substantially in the next decade. The largest contributing application of industrial gas in 2022 was metallurgy and glass, which accounted for 20.35 billion U.S. dollars. This application involved the use of industrial gas for processes such as metal smelting, welding, cutting, and glass manufacturing.
Additional information on the global industrial gas market can be found here.
Market value of the industrial gas industry worldwide from 2020 to 2022, with a forecast from 2023 to 2030, by application
(in billion U.S. dollars)
Characteristic
Manufacturing
Metallurgy & glass
Chemicals & energy
Healthcare
Food & beverage
Retail
Others
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Extrapolate. (November 1, 2023). Market value of the industrial gas industry worldwide from 2020 to 2022, with a forecast from 2023 to 2030, by application (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1428621/global-industrial-gas-market-value-by-application/
Extrapolate. "Market value of the industrial gas industry worldwide from 2020 to 2022, with a forecast from 2023 to 2030, by application (in billion U.S. dollars)." Chart. November 1, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1428621/global-industrial-gas-market-value-by-application/
Extrapolate. (2023). Market value of the industrial gas industry worldwide from 2020 to 2022, with a forecast from 2023 to 2030, by application (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1428621/global-industrial-gas-market-value-by-application/
Extrapolate. "Market Value of The Industrial Gas Industry Worldwide from 2020 to 2022, with a Forecast from 2023 to 2030, by Application (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Nov 2023, https://www.statista.com/statistics/1428621/global-industrial-gas-market-value-by-application/
Extrapolate, Market value of the industrial gas industry worldwide from 2020 to 2022, with a forecast from 2023 to 2030, by application (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1428621/global-industrial-gas-market-value-by-application/ (last visited August 24, 2024)
Market value of the industrial gas industry worldwide from 2020 to 2022, with a forecast from 2023 to 2030, by application (in billion U.S. dollars) [Graph], Extrapolate, November 1, 2023. [Online]. Available: https://www.statista.com/statistics/1428621/global-industrial-gas-market-value-by-application/