North America Industrial Gases Market (2024-2030) | Revenue, Industry, Trends, Value, Forecast, Outlook, Size, Analysis, Companies, Share & Growth

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: Sep 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

North America Industrial Gases MarketΒ Highlights

Report Name North America Industrial Gases MarketΒ 
Forecast period 2024-2030
CAGR 6.2%
Growing Sector Manufacturing Sector

Topics Covered in North America Industrial Gases Market Report

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.

North America Industrial Gases Market Synopsis

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 2024-2030. 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.

North America Industrial Gases Market: Key Players

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 Policy of the Market

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

Future Insights of the Market

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.

Market Segmentation By Countries

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.

Market Segmentation By Product Type

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.

Market Segmentation By Application

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.

Market Segmentation By Distribution

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.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • North America Industrial Gases Market Outlook
  • Market Size of North America Industrial Gases Market, 2023
  • Forecast of North America Industrial Gases Market, 2030
  • Historical Data and Forecast of North America Industrial Gases Revenues & Volume for the Period 2020 - 2030
  • North America Industrial Gases Market Trend Evolution
  • North America Industrial Gases Market Drivers and Challenges
  • North America Industrial Gases Price Trends
  • North America Industrial Gases Porter's Five Forces
  • North America Industrial Gases Industry Life Cycle
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Oxygen for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Nitrogen for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Hydrogen for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Carbon Dioxide for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Acetylene for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Argon for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Oxygen for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Nitrogen for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Hydrogen for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Carbon Dioxide for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Acetylene for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Argon for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Product Type for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Oxygen for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Nitrogen for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Hydrogen for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Carbon Dioxide for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Acetylene for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Argon for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Healthcare for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Metallurgy & Glasses for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Food & Beverage for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Retail for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Chemicals & Energy for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Healthcare for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Metallurgy & Glasses for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Food & Beverage for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Retail for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Chemicals & Energy for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Healthcare for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Metallurgy & Glasses for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Food & Beverage for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Retail for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Chemicals & Energy for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Distribution for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By On-site for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Bulk (Liquid Gas Transport) for the Period 2020 - 2030
  • Historical Data and Forecast of North America Industrial Gases Market Revenues & Volume By Cylinder (Merchant) for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Distribution for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By On-site for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Bulk (Liquid Gas Transport) for the Period 2020 - 2030
  • Historical Data and Forecast of United States Industrial Gases Market Revenues & Volume By Cylinder (Merchant) for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Distribution for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By On-site for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Bulk (Liquid Gas Transport) for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Industrial Gases Market Revenues & Volume By Cylinder (Merchant) for the Period 2020 - 2030
  • North America Industrial Gases Market - Key Performance Indicators
  • North America Industrial Gases Market - Import Export Trade Statistics
  • North America Industrial Gases Market - Opportunity Assessment By Countries
  • North America Industrial Gases Market - Opportunity Assessment By Product Type
  • North America Industrial Gases Market - Opportunity Assessment By Application
  • North America Industrial Gases Market - Opportunity Assessment By Distribution
  • North America Industrial Gases Market - Top Companies Market Share
  • North America Industrial Gases Market - Top Companies Profiles
  • North America Industrial Gases Market - Comparison of Players in Technical and Operating Parameters
  • North America Industrial Gases Market - Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

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
North America Industrial Gases Market (2024-2030): FAQs
The growth of industrial gases in North America is driven by the increasing need in various sectors such as healthcare, manufacturing, metallurgy & glasses, food & beverage, retail, and chemicals & energy, along with technological advancements in the production and processing of gases.
Companies are investing in advanced technologies for the production, processing, and distribution of industrial gases in North America. They are also focusing on R&D activities to develop innovative solutions that can meet the rising demand and the specific needs of various sectors.
Industries such as healthcare, manufacturing, metallurgy & glasses, food & beverage, retail, and chemicals & energy are experiencing profound impacts from the rising demand for industrial gases, reshaping their operations, products, services, and processes.
Common challenges include storage and transportation of gases, variations in demand and supply, stringent government regulations related to production and usage, and the need for advanced technologies for production and processing.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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