Market Forecast by Countries (United States, Canada), By Product Type (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Argon, Others), By Application (Healthcare, Manufacturing, Metallurgy & Glasses, Food & Beverage, Retail, Chemicals & Energy, Others), By Distribution (On-site, Bulk (Liquid Gas Transport), Cylinder (Merchant)) And Competitive Landscape
Product Code: ETC059780 | Publication Date: May 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
North America Industrial Gases Market Highlights
Report Name | North America Industrial Gases Market |
Forecast period | 2025-2031 |
CAGR | 6.2% |
Growing Sector | Manufacturing Sector |
The North America Industrial Gases Market Report thoroughly covers the market by Countries, Product Type, Application and Distribution. The North America Industrial Gases Market Outlook report provides an unbiased and detailed analysis of the ongoing North America Industrial Gases market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The North America Industrial Gases market is expected to witness significant growth. This growth is propelled by the increasing demand for industrial gases in various sectors such as healthcare, manufacturing, metallurgy & glasses, food & beverage, retail, and chemicals & energy.
According to 6Wresearch, The North America Industrial Gases Market size is projected to grow at a CAGR of 6.2% during 2025-2031. The growth factors include transition towards clean energy sources, renewable hydrogen production, carbon-neutral technologies, and sustainable fuel alternatives increases the demand for industrial gases in energy generation, fuel cells, green technologies, and decarbonization initiatives, driving market growth in clean energy solutions.Customer preferences, customized solutions, service excellence, value-added services, and responsive supply chain management cater to industry- specific needs, enhance customer satisfaction, foster long-term partnerships, and drive market growth through customer-centric strategies.
Despite the growing need for Industrial Gases in North America, the market faces several challenges such as fluctuating energy costs, the transition to renewable energy sources, carbon footprint reduction targets, and sustainability goals present challenges for industrial gas producers in terms of optimizing energy efficiency, adopting green technologies, and balancing cost-effective operations with environmental responsibility.
The North America Industrial Gases Market is experiencing significant growth, with key players like Praxair, Air Liquide, Linde Group, Air Products, and others. These industry leaders are recognized for their technologically advanced and robust industrial gas solutions. They focus on innovative designs and customer-centric strategies to strengthen their market positions.
Government regulations govern the safe handling, storage, transportation, and distribution of industrial gases to ensure compliance with safety standards, environmental regulations, and occupational health guidelines, promoting workplace safety, risk management, and operational integrity in the industrial gas sector.Government energy policies, sustainability goals, and renewable energy targets influence industrial gas producers to adopt energy-efficient technologies, reduce carbon emissions, transition to clean energy sources, and align with sustainability objectives to support clean energy transitions, reduce environmental footprint, and promote green practices in gas production and utilization
The transition to clean energy sources, renewable hydrogen production, carbon-neutral technologies, and sustainable fuel alternatives will drive demand for green industrial gases, eco-friendly solutions, and low-carbon production methods, aligning with energy transition goals, climate change mitigation efforts, and environmental sustainability targets in the region.Integration of digital technologies, IoT sensors, data analytics, AI applications, and smart automation solutions will optimize industrial gas production processes, enhance operational efficiency, improve predictive maintenance capabilities, and enable real-time monitoring and control of gas supply chains in the North America market.
According to Countries, the "United States" segment is witnessing rapid growth due to the increasing adoption of advanced technologies and the presence of major market players.
The "Oxygen" segment is a major contributor to the market due to its wide range of applications in industries like healthcare, manufacturing, metallurgy & glasses, food & beverage, and others.
According to Dhaval, Research Manager, 6Wresearch, The healthcare industry requires a steady supply of medical gases such as oxygen, nitrogen, and nitrous oxide for patient care, surgeries, respiratory therapies, and medical equipment sterilization, driving the growth of the industrial gases market in the healthcare sector.
The "On-Site" mode is growing in this segment due to its cost efficiencies, supply security, and operational flexibility for industries with high-volume gas requirements, such as large manufacturing plants, healthcare facilities, and energy production sites, driving the growth of on-site generation solutions.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3North America Industrial Gases Market Overview |
3.1North America Country Macro Economic Indicators |
3.2North America Industrial Gases Market Revenues & Volume, 2021 & 2031F |
3.3North America Industrial Gases Market - Industry Life Cycle |
3.4North America Industrial Gases Market - Porter's Five Forces |
3.5North America Industrial Gases Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6North America Industrial Gases Market Revenues & Volume Share, By Product Type 2021 & 2031F |
3.7North America Industrial Gases Market Revenues & Volume Share, By Application 2021 & 2031F |
3.8North America Industrial Gases Market Revenues & Volume Share, By Distribution 2021 & 2031F |
4North America Industrial Gases Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5North America Industrial Gases Market Trends |
6North America Industrial Gases Market, By Countries |
6.1North America Industrial Gases Market, By Product Type |
6.2North America Industrial Gases Market, By Application |
6.3North America Industrial Gases Market, By Distribution |
6.1.1 Overview and Analysis |
6.1.2North America Industrial Gases Market Revenues & Volume, By Countries, 2021-2031F |
6.1.3North America Industrial Gases Market Revenues & Volume, By United States, 2021-2031F |
6.1.4North America Industrial Gases Market Revenues & Volume, By Canada, 2021-2031F |
6.2North America Industrial Gases Market, By Product Types |
6.2.1 Overview and Analysis |
6.2.2North America Industrial Gases Market Revenues & Volume, By Oxygen, 2021-2031F |
6.2.3North America Industrial Gases Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.2.4North America Industrial Gases Market Revenues & Volume, By Hydrogen, 2021-2031F |
6.2.5North America Industrial Gases Market Revenues & Volume, By Carbon Dioxide, 2021-2031F |
6.2.6North America Industrial Gases Market Revenues & Volume, By Acetylene, 2021-2031F |
6.2.7North America Industrial Gases Market Revenues & Volume, By Argon, 2021-2031F |
6.2.8North America Industrial Gases Market Revenues & Volume, ByOthers, 2021-2031F |
6.3.1North America Industrial Gases Market, By Applications |
6.3.2 Overview and Analysis |
6.3.3North America Industrial Gases Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4North America Industrial Gases Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.5North America Industrial Gases Market Revenues & Volume, By Metallurgy & Glasses, 2021-2031F |
6.3.6North America Industrial Gases Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.7North America Industrial Gases Market Revenues & Volume, By Retail, 2021-2031F |
6.3.8North America Industrial Gases Market Revenues & Volume, By Chemicals & Energy, 2021-2031F |
6.3.9North America Industrial Gases Market Revenues & Volume, By Others, 2021-2031F |
6.4.1North America Industrial Gases Market, By Distributions |
6.4.2 Overview and Analysis |
6.4.3North America Industrial Gases Market Revenues & Volume, By On-site, 2021-2031F |
6.4.4North America Industrial Gases Market Revenues & Volume, By Bulk, 2021-2031F |
6.4.5North America Industrial Gases Market Revenues & Volume, By Cylinder , 2021-2031F |
7North America Industrial Gases Market Import-Export Trade Statistics |
7.1North America Industrial Gases Market Export to Major Countries |
7.2North America Industrial Gases Market Imports from Major Countries |
8North America Industrial Gases Market Key Performance Indicators |
9North America Industrial Gases Market - Opportunity Assessment |
9.1North America Industrial Gases Market Opportunity Assessment, By Countries, 2021 & 2031F |
9.2North America Industrial Gases Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3North America Industrial Gases Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4North America Industrial Gases Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10North America Industrial Gases Market - Competitive Landscape |
10.1North America Industrial Gases Market Revenue Share, By Companies, 2024 |
10.2North America Industrial Gases Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |