As per MRFR analysis, the Europe Industrial Gases Market Size was estimated at 297 (USD Million) in 2023.The Europe Industrial Gases Market Industry is expected to grow from 315(USD Million) in 2024 to 606 (USD Million) by 2035. The Europe Industrial Gases Market CAGR (growth rate) is expected to be around 6.129% during the forecast period (2025 - 2035).
The Europe Industrial Gases Market is undergoing notable shifts and growth patterns due to specific trends. One of the most important of these is the continuous growth in demand for industrial gases in healthcare and manufacturing, as well as in the food processing industry. The increasing focus on cleaner carbon emission policies within the European Union is making industries adopt cleaner technologies which in turn require industrial gases that are less harmful. Furthermore, expanding industries such as renewable energy are further augmenting the potential of the industrial gases market because these gases are needed for energy storage and production processes.
The recent trend of innovation within the market by specializing gases for specific niche applications is unprecedented. The evolving technology and production methods are driving a new increase in demand for high-purity gases for use in electronics manufacturing. However, the more pronounced trends include the large expenditures being made on infrastructure for the storage and distribution of gas to ensure that industries have uninterrupted access to these essential gases. Increasing competitive pressures for companies to undertake sustainable approaches is enabling new alternatives to conventional industrial gases to be developed.
That gives the market the chance to adopt innovations like biogases and other eco-friendly solutions. Digital technology is being integrated into the logistics of the industrial gases supply chain and is becoming another area where companies are using smart technologies to improve their operations and logistics. In general, the Europe Industrial Gases Market is changing very quickly due to impacts that focus on sustainability and technology.
Increased Demand from Healthcare Sector
The healthcare sector in Europe has seen a significant increase in demand for industrial gases, particularly oxygen and nitrogen, due to the rise in chronic respiratory diseases and the need for medical applications. The European Respiratory Society reported an increase in respiratory-related diseases, with over 30 million people affected in Europe.
This growing prevalence of health issues has driven the need for industrial gases in hospitals and healthcare facilities.Companies such as Linde and Air Liquide have strengthened their capabilities and product offerings in this sector to cater to this emerging demand, ultimately enhancing the overall growth of the Europe Industrial Gases Market Industry.
Sustainable Energy Initiatives
As Europe transitions towards sustainable energy solutions, the industrial gases market is being buoyed by the increased use of gases like hydrogen and carbon dioxide in energy production and storage. The European Union has set ambitious goals such as achieving a reduction of at least 55% in greenhouse gas emissions by 2030 compared to 1990 levels.
This regulatory push has spurred investments in technology and infrastructure for cleaner energy sources, fostering demand for industrial gases.Established players such as Air Products are investing heavily in hydrogen production projects, further reinforcing their position in the Europe Industrial Gases Market Industry.
Growth of the Food and Beverage Industry
The food and beverage industry in Europe is a significant contributor to the industrial gases market, with applications such as food preservation, carbonation, and modified atmosphere packaging. Reports indicate that the European food and beverage market is projected to grow at a compound annual growth rate of 3% annually.
The shift towards consumer health and safety has heightened the reliance on industrial gases in maintaining food quality and extending shelf life.Major companies like Praxair have adapted their services to provide customized gas mixtures tailored to the unique needs of food processors, thus propelling forward the growth of the Europe Industrial Gases Market Industry.
Industrial Gases Market Type Insights
The Europe Industrial Gases Market is categorized into several Types, each playing a crucial role in various industries and contributing significantly to the market dynamics. Hydrogen, recognized for its critical application in energy production and fuel cells, is gaining momentum as Europe aims to transition towards cleaner energy sources. The shift towards hydrogen as a fuel alternative is being fueled by the European Union's green policies, which prioritize reducing carbon emissions. Oxygen is another essential gas utilized extensively in the healthcare sector for respiratory treatments, as well as in metal production and wastewater treatment processes, demonstrating its versatility and consistent demand across various industries.
Nitrogen, primarily known for its role in inerting and preservation techniques, is significant in chemical manufacturing and agriculture, where it ensures safety and enhances crop yields. Additionally, carbon-dioxide plays a vital role in the food and beverage industry, particularly in carbonating drinks and maintaining food freshness, thereby sustaining its relevance in consumer markets. Meanwhile, the category of 'Others' includes a variety of specialty gases that cater to specific industrial applications, providing customized solutions in fields such as pharmaceuticals, electronics, and materials science. Each of these segments reflects not only distinct functionalities but also the adaptability of Europe’s industrial gases market to meet evolving industry needs.
The growing emphasis on sustainability and efficiency across sectors drives innovation and investment in these gases, collectively enhancing the overall Europe Industrial Gases Market revenue. The segmentation within this market showcases the diverse applications and increasing importance of industrial gases in supporting sectors crucial to Europe's economic landscape, ultimately fostering market growth and resilience.
Industrial Gases Market End User Insights
The End User segment of the Europe Industrial Gases Market plays a pivotal role in various industries, providing essential support to sectors such as Industry, Transportation, Agriculture, Energy, and Others. The industrial sector utilizes industrial gases for diverse applications ranging from manufacturing processes to chemical synthesis, significantly contributing to the market dynamics.
Transportation relies on gases like oxygen and hydrogen for fuel cells and air quality regulations, reflecting the sector's increasing focus on sustainability.Agriculture benefits from these gases in crop cultivation and food preservation, fostering efficiency and productivity. In the energy sector, the adoption of industrial gases for energy generation is pivotal in addressing environmental concerns and transitioning toward cleaner energy sources.
Each of these areas showcases unique growth drivers, with an increasing demand for innovative gases, sustainable practices, and advanced technologies propelling the market forward. Overall, these various applications underscore the multifaceted nature of industrial gases in Europe, highlighting opportunities for growth and adaptation within the market.
Industrial Gases Market Regional Insights
The Europe Industrial Gases Market has been witnessing significant growth, driven by the robust demand across various sectors, including manufacturing, healthcare, and food processing. Major countries such as Germany and the UK are leading contributors to the market, with Germany dominating due to its strong industrial base and investment in automation.
The UK follows closely, benefitting from advancements in technology and industrial applications. France and Italy are also noteworthy as they present substantial opportunities in specialty gases, catering to chemical and pharmaceutical industries. Russia has been emerging as an important player, leveraging its vast natural resources to enhance industrial gas production. Spain, while smaller, has been adapting its industrial strategies to increase its competitiveness in the market.
The rest of Europe is positioned to grow as well, supported by increasing environmental regulations that boost demand for cleaner technologies. The market sees growth opportunities fueled by innovation in gas applications and expanding delivery systems. However, challenges such as regulatory compliance and fluctuating raw material prices continue to shape the competitive landscape, impacting strategic planning in the Europe Industrial Gases Market.
The Europe Industrial Gases Market is witnessing robust competitive dynamics characterized by a diverse range of players vying for market share across various sectors. The landscape is marked by both established companies and emerging players who are constantly innovating to meet the growing demand for industrial gases, driven by various end-user industries such as healthcare, manufacturing, and food and beverage.
With increasing investments in infrastructure and advancements in technology, companies are focusing on enhancing their operational efficiencies and expanding their product portfolios. Sustainability and environmental considerations are also becoming prominent, leading to the adoption of innovative solutions that minimize carbon footprints. Competitive strategies include partnerships, joint ventures, and mergers and acquisitions, all aimed at strengthening market presence and enhancing service offerings.Linde has established a commanding presence in the Europe Industrial Gases Market, fortified by its extensive distribution network and diversified product range.
The company's strengths lie in its advanced production technologies and robust supply chain management, which enable it to meet the challenging demands of various industries efficiently. Linde’s commitment to innovation is evident through its investments in research and development, which facilitate the introduction of new products and services tailored to customer needs. This capability not only bolsters Linde's market position but also fosters long-term customer loyalty, making it a formidable player in the region.
Additionally, Linde's strategic partnerships and collaborations serve to enhance its competitive edge, allowing it to leverage synergies that further consolidate its market leadership.Solvay is another key player in the Europe Industrial Gases Market, known for its comprehensive range of products and services that cater to various industries, including aerospace, automotive, and healthcare.
The company's strengths are reflected in its innovative solutions, particularly in specialty gases and materials, which provide added value to its customers. Solvay's presence in the market is reinforced by its commitment to sustainability, as the company actively pursues eco-friendly technologies and processes. Mergers and acquisitions have significantly shaped Solvay’s offerings, allowing it to expand its capabilities and enter new market segments. The company’s emphasis on research and development further enhances its product portfolio, enabling it to stay ahead of the competition and respond effectively to changing market demands within Europe.
In recent months, the Europe Industrial Gases Market has experienced notable developments, particularly with major players such as Linde, Air Liquide, and Messer advancing their operations and expanding production capacities. In September 2023, Linde announced the opening of a new facility in Germany aimed at enhancing its hydrogen production to support the transition to green energy, reflecting the increasing demand for sustainable solutions in the industry.
Similarly, Air Liquide has made strides in carbon capture technology, collaborating with various industries to reduce emissions and promote sustainability. In terms of mergers and acquisitions, in April 2023, Air Products and Chemicals completed the acquisition of a significant equity stake in a European liquid oxygen producer, further consolidating its position in the market.
The overall market valuation for industrial gases in Europe has been positively influenced by the growing demand across various sectors, including healthcare, manufacturing, and energy, as evidenced by strong investments in infrastructure and technology advancements. Over the last two years, the market has also noted increased collaboration between companies and research institutions to drive innovation and enhance product offerings in line with environmental regulations and market needs.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 297.0(USD Million) |
| MARKET SIZE 2024 | 315.0(USD Million) |
| MARKET SIZE 2035 | 606.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.129% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Linde, Solvay, BASF, Messer, Air Liquide, Nippon Gases, Taiyo Nippon Sanso, Showa Denko, Praxair, Matheson TriGas, Air Products and Chemicals, Welsbach Holdings, Gazprom, Siemens |
| SEGMENTS COVERED | Type, End User, Regional |
| KEY MARKET OPPORTUNITIES | Growing demand for cleaner energy, Expanding healthcare sector needs, Rise in food and beverage processing, Innovations in manufacturing technologies, Increasing regulations on emissions |
| KEY MARKET DYNAMICS | Growing demand from healthcare sector, Rising adoption of renewable energy, Increasing production of electronics, Stringent environmental regulations, Expansion of manufacturing industries |
| COUNTRIES COVERED | Germany, UK, France, Russia, Italy, Spain, Rest of Europe |
Frequently Asked Questions (FAQ) :
The Europe Industrial Gases Market is expected to be valued at 315.0 USD Million in 2024.
By 2035, the Europe Industrial Gases Market is anticipated to reach a value of 606.0 USD Million.
The expected Compound Annual Growth Rate (CAGR) for the Europe Industrial Gases Market from 2025 to 2035 is 6.129%.
Germany holds the largest market share in the Europe Industrial Gases Market with a value of 120.0 USD Million in 2024.
The market size for Hydrogen in the Europe Industrial Gases Market is valued at 90.0 USD Million in 2024.
The Oxygen segment in the Europe Industrial Gases Market is projected to reach a value of 150.0 USD Million by 2035.
Key players in the Europe Industrial Gases Market include Linde, Air Liquide, BASF, and Messer among others.
The estimated market value for Carbon-dioxide in the Europe Industrial Gases Market is 40.0 USD Million in 2024.
The market size for the UK in the Europe Industrial Gases Market is valued at 70.0 USD Million in 2024.
The Nitrogen segment is expected to grow to a market value of 130.0 USD Million by 2035.
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