Solution
Industries
Resources
About

The Global Industrial Gas Business

Report Code: CHM041C

Publish Date: Aug 2009

Publisher: BCC Publishing

Category: Chemicals

Customize This Report

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

  • The global market for the industrial gas business was worth $63 billion in 2008. It decreased to an estimated $59 billion in 2009, but is projected to increase at a compound annual growth rate (CAGR) of 5.2% to $76 billion in 2014.
  • Sales in the chemicals and refining-related processing market amounted to $22.7 billion in 2008, and decreased slightly to $22.4 billion in 2009, but are expected to reach $27.5 billion in 2014, for a 5-year (CAGR) of 4.1%
  • The second-largest segment of the market, metal manufacturing and fabrication, was estimated to be worth $17 billion in 2008 and was expected to decrease to $14.5 billion in 2009. It’s projected to grow to more than $20 billion in 2014, for a 5-year CAGR of 6.7%.

INTRODUCTION 

STUDY GOALS AND OBJECTIVES
 
This study of world markets for industrial gases provides a critical view of these markets, including demand scenarios. It assesses the role of industrial gases as a key factor in almost all major markets that account for more than 50% of the global gross domestic product. It quantifies demands for industrial gases by category, product type, application, purity, and technology, and the relationships between major consumers and producers.
 
Focus is placed on major challenges to long-term development of the industrial gas economy and various technologies. These include the various processing stages and how they relate to consumption and demand patterns.  Another objective of this report is to provide a critical evaluation of the current status of industrial gas markets and how recent environmental legislation and technological breakthroughs will affect them.
 
REASONS FOR DOING THE STUDY
 
Two-and-a-half years have passed since BCC published its last analysis of the global industrial gas business. Meanwhile, market conditions have changed, particularly as a result of the global recession that began in 2008. In addition to cyclical economic trends, some markets that used to be considered promising, such as hydrogen-powered vehicles, now seem less promising. BCC therefore considers it important to update the earlier report’s findings and conclusions about the size and structure of the industrial gas market.
 
The key component of industrial gas production involves separation of air or generation of synthesis gas (syngas), that is, a mixture of hydrogen and carbon monoxide. Carbon dioxide also is the main by-product. While syngas can be produced from any carbon-based feedstock (hydrocarbons, coal, petroleum coke, biomass), the lowest cost routes to syngas, so far, are based on natural gas. Initially, syngas generation technology was applied to the conversion of coal-based feedstocks into syngas. Over the years, however, the technology has witnessed significant improvements in reactor design and product recovery and this has enabled the economic use of natural-gas feedstocks.
 
Industrial gases are also produced as by-products of other manufacturing activities such as natural-gas processing and steel, cement, and lime production, respectively. Efficient recovery and recycling are also being practiced for hydrogen and helium.
 
Therefore, the use of industrial gases will continue growing. They will be used to support greener processes in petrochemicals, agrochemicals, and renewable energy production. BCC believes the use of industrial gases will make some significant progress over the next 5 years to 2014 as even more stringent environmental legislation is enforced. 
 
Keeping the air clean and promoting energy security will be two key priorities for policymakers over this time period. Higher-purity transportation fuels will become mandatory and harmful chemical emissions will be cut drastically. Industrial gases will offer metals producers, electronic component manufacturers, petroleum refiners, specialty chemical manufacturers, and automakers the flexibility to meet international agreements for cleaner products. Therefore, the major reasons for this study are:
  • To assess and quantify the current global industrial gas market and its demands
  • To investigate and evaluate future markets for industrial gases in agriculture, mining/oil, gas, electronic component manufacturing, construction, manufacturing, transportation, utilities, government programs, services and health, respectively, to show how technological advances will affect worldwide industrial gas demand
  • To determine the extent of the impact of industrial gas developments on the petroleum industry, and to identify major trends and shifts in the industry and relate these to future demand for industrial gases.
INTENDED AUDIENCE
 
This study contributes to the diversity underlying the strength of the industrial gas industry. This helps it withstand economic cycles and enables it to stay ahead of general trends, such as economic downturns, by relying on its stronger market segments. Practical realities challenging environmental legislation have resulted from the widespread use of industrial gases in manufacturing. 
 
Today, many processes require high-quality industrial gas feed (in some cases to chemically combine and thus form new products, and, in others, to provide a reducing atmosphere to prevent oxidation). More recent developments in fuel-cell technology have provided yet another interesting twist to the industrial gas market, now driven by a need for reduced emissions in road transportation. 
Under these conditions, industrial gases offer the potential for making a significant contribution to the global push for clean fuels on one hand, while helping industrialized countries meet international targets on the other. To this end, the study will be useful to:
  • Marketing managers
  • Senior petrochemical executives
  • Gas majors
  • Decision makers from international governments
  • Process licensors and engineering contractors
  • Plant and operations directors
  • Engineering and technology manufacturers and providers
  • Process and technology support advisors
  • Petrochemical and refining management specialists
  • Logistical, supply chain, and e-business specialists
  • Corporate, project and trade finance specialists
  • Strategic planners and forecasters
  • New product and business developers
  • Decision makers from the chemical and energy industries/end users (oil, gas, petrochemical, fertilizer, and chemical companies)
  • Automotive companies
  • Fuel cell developers, as well as government agencies
  • Trade associations
  • Environmental consultants
  • Equipment manufacturers and process designers
  • Hydrogen plant manufacturers and equipment support companies
  • Venture capitalists and those involved in research and development work and academic institutions.
SCOPE OF REPORT
 
This study presents data on supply of and demand for industrial gases by type, technology, and application in current U.S. dollars for the major global regions. The report starts with an overview describing the importance of the industrial gas industry in relation to the overall global economy. Major products and applications are then reviewed. 
 
The next section of the report contains a detailed description of current and emerging technologies for the production, distribution, and end use of industrial gases. The government environmental and energy regulation scene is then discussed as it applies to industrial gases, and there are descriptions of environmental regulation changes and the agencies involved.
 
The core of the report is an analysis of industrial gas market size and segmentation for the 2009 to 2014 time period. The market is segmented by product type, type of end user, application, production technology, purity grade, region, distribution channel, and supply mode (e.g., pipeline, cylinder, etc.).
 
The report concludes with an analysis of the structure of the industrial gas industry, including major players, market shares, and mergers and acquisitions trends. Patents relating to industrial gases are analyzed in an appendix, while a second appendix contains profiles of companies involved in the industrial gas business.
 
METHODOLOGY AND INFORMATION SOURCES
 
The findings and conclusions of this report are based on information gathered from industry sources, including manufacturers, distributors, and users of industrial gases. Interview data were combined with information gathered through an extensive review of secondary sources, such as trade publications, trade associations, company literature, and online databases, to produce the projections contained in this report. 
 
The base year for analysis and projection is 2008. With that year as a baseline, market projections were developed for 2009 to 2014. These projections are based on a combination of a consensus among the primary contacts combined with our understanding of the key market drivers and their impact from a historical and analytical perspective. The analytical methodologies used to generate the market estimates are described in detail in the section on market size and segmentation.
 
All dollar projections presented in this report are in 2008 constant dollars.
 
ANALYST CREDENTIALS
 
This report is an update of an earlier report prepared by Edward Gobina, a research professor in Chemical and Processing Engineering who has more than 15 years research and teaching experience in petrochemical reaction engineering, catalysis, and membrane technology. Mr. Gobina has published extensively, with more than 80 publications in international scientific journals.
 
The analyst responsible for updating the report is Andrew McWilliams, a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel LLC. Mr. McWilliams is the author of numerous other BCC reports, including SMC024D The Market for Thermal Management Technologies, MC064A Semiconductor/Microelectronics Cleaning, MFG016E Nondestructive Testing, PLS006D The Maturing ESD Market: Challenges and Opportunities for the Future, and CHM020B Catalysts for Environmental and Energy Applications.
 
BCC ONLINE SERVICES
 
BCC offers an online information retrieval service. BCC’s home page, located at www.bccresearch.com, enables readers to:
  • Examine BCC’s complete catalog of Market Research Reports and place direct orders
  • Subscribe to any of BCC’s many industry newsletters
  • Read announcements of recently published reports and newly launched newsletters
  • Register for BCC’s well-known conferences
  • Request additional information on any BCC product
  • Take advantage of special offers
DISCLAIMER
 
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.
Need pricing for multiple titles, a complete report bundle, or something specially curated to fit your budget? EXPLORE OFFERS
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
[+] Show Chapter Details
Title/Chapter NamePagesMember Price
Full Report: The Global Industrial Gas Business173Free
Chapter- 1: INTRODUCTION5Free
Chapter- 2: SUMMARY2Free
Chapter- 3: INDUSTRY OVERVIEW4Free
Chapter- 4: TECHNOLOGY ASSESSMENT46Free
Chapter- 5: MARKETS AND MARKETING67Free
Chapter- 6: INDUSTRIAL GAS MARKET BY REGION10Free
Chapter- 7: GOVERNMENT REGULATIONS AND LEGISLATION8Free
Chapter- 8: INDUSTRIAL GAS HEALTH AND SAFETY ISSUES4Free
Chapter- 9: INDUSTRY STRUCTURE 7Free
Chapter- 10: PATENT ANALYSIS2Free
Chapter- 11: C. CRAMER & CO. GMBH18Free

Related Reports

Track the Latest Global Tariff Developments

In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.

Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.

Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.

With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.

Ready to see what tariff means for your business?

Consult with our experts or request your custom Tariff Impact Brife today

Stay Informed, Stay Competitive

In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.

Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.

Our analysis includes:

  • Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
  • Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
  • Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.

With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.

Don't let tariffs catch you off guard—let our insights guide your strategy.

This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 29

  • Summary Table: WORLD INDUSTRIAL GASES BY END-USE MARKET SEGMENT, THROUGH 2014
  • Table 1: PRESSURE AND TEMPERATURE DATA FOR VARIOUS CRYOGENIC INDUSTRIAL GASES
  • Table 2: TECHNOLOGIES FOR TECHNICAL GRADE INDUSTRIAL GAS PRODUCTION
  • Table 3: AIR SEPARATION TECHNOLOGY COMPARISON: CRYOGENIC VS. NONCRYOGENIC PROCESSES
  • Table 4: HYDROTREATING REACTIONS OF DIFFERENT REFINERY SYSTEMS
  • Table 5: MARKET FOR INDUSTRIAL GASES, THROUGH 2014
  • Table 6: WORLD INDUSTRIAL GASES BY END-USE MARKET SEGMENT, THROUGH 2014
  • Table 7: MARKET VALUE OF WORLD INDUSTRIAL GAS DEMAND BY PRODUCT, THROUGH 2014
  • Table 8: WORLD NITROGEN DEMAND BY APPLICATION, THROUGH 2014
  • Table 9: WORLD OXYGEN DEMAND BY APPLICATION, THROUGH 2014
  • Table 10: WORLD HYDROGEN DEMAND BY APPLICATION, THROUGH 2014
Sample Report

Recent Reports

Thermal Ceramics: Technologies and Global Markets

Published - May 2026 | Publisher - BCC Publishing | Code - CHM137B

The global thermal ceramics market was valued at $4.5 billion in 2025 and is projected to reach $9.5 billion by the end of 2030, at a compound annual growth rate (CAGR) of 16.1% from 2025 to 2030.

2025 Chemical Research Review

Published - Apr 2026 | Publisher - BCC Publishing | Code - CHM190B

BCC Research’s 2025 Chemical Research Review covering market trends, specialty chemicals, industrial innovation and growth opportunities across the chemical industry.

State of the Materials Industry - 2026 First Quarter Review

Published - Apr 2026 | Publisher - BCC Publishing | Code - CHM193C

Explore BCC Research’s Q1 2026 review of the materials industry, with market analysis, key trends, competitive shifts, and growth insights shaping the sector.

Global Bio-Based Surfactants Market

Published - Feb 2026 | Publisher - BCC Publishing | Code - CHM194A

The global market for bio-based surfactants is estimated to grow from $19.7 billion in 2025 to $27.3 billion by the end of 2030, at a compound annual growth rate (CAGR) of 6.7% from 2025 to 2030.

State of the Materials Industry - Fourth Quarter Review

Published - Jan 2026 | Publisher - BCC Publishing | Code - CHM193B

State of the Materials Industry 4th Quarter Market Report covers key trends, supply chains, pricing, innovations, and growth outlook across global markets.

Top Trending Reports

2025 Medical Devices Research Review

Published - Apr 2026 | Publisher - BCC Publishing | Code - MDS060C

Get a concise view of the medical devices sector with BCC Research’s 2025 review covering market dynamics, emerging technologies and industry developments.

Cancer Profiling and Pathways: Technologies and Global Markets

Published - May 2026 | Publisher - BCC Publishing | Code - BIO073D

The global market for cancer profiling and pathway technologies is expected to grow from $18.3 billion in 2025 and is projected to reach $33.9 billion by the end of 2030, at a compound annual growth rate (CAGR) of 13.2% during the forecast period of 2025 to 2030.

Validation, Calibration, and Standardization in the Life Sciences Market

Published - Mar 2026 | Publisher - BCC Publishing | Code - BIO179B

The global market for validation, calibration, and standardization in life sciences was valued at $2.8 billion in 2025 and is estimated to reach $3.9 billion by 2030, at a compound annual growth rate (CAGR) of 6.7% from 2025 through 2030.

Glass Fiber: Global Markets

Published - May 2026 | Publisher - BCC Publishing | Code - AVM225B

The global market for glass fiber is expected to grow from $13.5 billion in 2026 and is projected to reach $17.2 billion by the end of 2031, at a compound annual growth rate (CAGR) of 4.9% during the forecast period of 2026 to 2031.

2025 Chemical Research Review

Published - Apr 2026 | Publisher - BCC Publishing | Code - CHM190B

BCC Research’s 2025 Chemical Research Review covering market trends, specialty chemicals, industrial innovation and growth opportunities across the chemical industry.

Published - Feb-2007| Analyst - Andrew McWilliams| Code - CHM041B

Report Highlights

  • The global industrial gas market was worth $29.2 billion in 2005 and $30.9 billion in 2006. Growing at a compounded annual growth rate (CAGR) of 5.2%, this market will reach almost $40 billion by 2011.
  • Chemical and refining-related processing held the largest share of the market, worth just over 34.3% in 2006 ($10.6 billion) and 33.8% in 2011 ($13.5 billion).
  • The electronics sector has the highest growth potential throughout the forecast period, with a CAGR of 7.2%. By 2011, this sector will be worth more than $6.9 billion.
  • Europe is the largest geographical market for industrial gases, with 34% of the total global market in 2005, dropping slightly to 32% by 2011. Close behind Europe is North America, with 32% of the market in 2005 and 31% in 2011.

Published - Aug-2003| Analyst - Edward Gobina| Code - CHM041A

Report Highlights

  • World industrial gas demand is estimated to be $36.1 billion in 2003. .
  • Rising at an AAGR (average annual growth rate) of 7.5%, demand is expected to reach nearly $52 billion in 2008.
  • Chemicals and refining processes should rebound from flat sales.
  • Metal manufacturing will remain the largest market segment through the period, but its share will drop from 15.6% to 14%.
  • Highest average annual growth will be seen in the electronics industry, a robust 11%.
  • Medical applications also will see strong growth through 2008.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
The Global Industrial Gas Business
Customize This Report
Customize Report
Stay Informed

Join our mailing list for the latest report releases and upcoming event notifications.

Headquartered in Boston, Mass., for over 50 years, BCC Research takes pride in being your trusted custom research and data analysts. Our mission is to provide businesses with reputable data and market research reports, so that they gain new perspectives into their field and better understand their target audience. We enable companies to access reliable information, accurate forecasts, and actionable insights, so that they may become leaders in their industry.
Contact
© 2026 BCC Research
Privacy Policy |Site Map|Terms & Conditions
AI Sentiment