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Russia Industrial Gases Market

ID: MRFR/EnP/52999-HCR
200 Pages
Garvit Vyas
October 2025

Russia Industrial Gases Market Research Report By Type (Hydrogen, Oxygen, Nitrogen, Carbon-dioxide, Others) andBy End User (Industry, Transportation, Agriculture, Energy, Others)- Forecast to 2035

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Russia Industrial Gases Market Summary

As per Market Research Future analysis, the Russia industrial gases market Size was estimated at 21.08 USD Million in 2024. The Russia industrial gases market is projected to grow from 22.38 USD Million in 2025 to 40.72 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.1% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The Russia industrial gases market is experiencing a transformative shift driven by sustainability and technological advancements.

  • Sustainability initiatives are increasingly shaping the operational strategies of industrial gas companies in Russia.
  • Technological advancements are enhancing the efficiency and safety of gas production and distribution processes.
  • The healthcare sector emerges as the largest segment, while the food and beverage industry is recognized as the fastest-growing segment in the market.
  • Key market drivers include the growing demand from the healthcare sector and the expansion of the food and beverage industry, which are fueling market growth.

Market Size & Forecast

2024 Market Size 21.08 (USD Million)
2035 Market Size 40.72 (USD Million)
CAGR (2025 - 2035) 6.17%

Major Players

Air Products (US), Linde (DE), Praxair (US), Air Liquide (FR), Messer Group (DE), Taiyo Nippon Sanso (JP), Matheson Tri-Gas (US), Nippon Gases (JP), Universal Industrial Gases (US)

Russia Industrial Gases Market Trends

The industrial gases market in Russia is currently experiencing a phase of transformation, driven by various factors including technological advancements and increasing demand across multiple sectors. The market appears to be influenced by the growing need for efficient and sustainable solutions in industries such as healthcare, manufacturing, and energy. As companies seek to optimize their operations, the adoption of industrial gases is likely to rise, reflecting a shift towards more environmentally friendly practices. Furthermore, the regulatory landscape is evolving, which may encourage investments in cleaner technologies and innovations within the sector. In addition, the industrial gases market is witnessing a trend towards consolidation, as companies aim to enhance their competitive edge. Mergers and acquisitions may become more prevalent as firms look to expand their product offerings and geographical reach. This consolidation could lead to improved efficiencies and cost reductions, ultimately benefiting end-users. The focus on research and development is also expected to intensify, with firms investing in new applications and technologies to meet the changing demands of the market. Overall, the industrial gases market in Russia is poised for growth, driven by a combination of technological innovation and strategic partnerships.

Sustainability Initiatives

The industrial gases market is increasingly aligning with sustainability goals. Companies are focusing on reducing their carbon footprint by developing eco-friendly gases and processes. This trend reflects a broader commitment to environmental responsibility, which is becoming essential for compliance and market competitiveness.

Technological Advancements

Innovations in production and application technologies are reshaping the industrial gases market. Enhanced methods for gas separation and purification are emerging, leading to improved efficiency and reduced costs. These advancements are likely to drive growth and attract new investments.

Sector Diversification

The industrial gases market is diversifying its applications across various industries. Beyond traditional uses, sectors such as healthcare and renewable energy are increasingly adopting industrial gases. This diversification may open new revenue streams and enhance market resilience.

Market Segment Insights

By Type: Hydrogen (Largest) vs. Oxygen (Fastest-Growing)

The market share distribution in the Russia industrial gases market highlights Hydrogen as the largest segment, leading the industry with a dominant position due to its extensive applications in various sectors, including refining and chemical manufacturing. Oxygen follows closely, benefitting from its critical role in healthcare and metal fabrication, with other gases like Nitrogen and Carbon-dioxide capturing smaller portions of the market share, indicating a diverse set of needs across industries. Growth trends within this segment illustrate significant momentum, particularly for Oxygen, which is emerging as the fastest-growing segment driven by increasing demand in medical applications and advancements in industrial processes. Hydrogen continues to see robust demand, fueled by the push for cleaner energy sources and technologies aimed at reducing carbon emissions. These trends depict a dynamic landscape in the gas segment that is adapting to both existing and emerging needs.

Hydrogen (Dominant) vs. Oxygen (Emerging)

Hydrogen remains the dominant force in the Russia industrial gases market, largely due to its versatility and pivotal role in the energy transition towards greener alternatives. Its applications span across several industries, contributing to its sustained demand. In contrast, Oxygen, while traditionally seen as a stable segment, has begun to emerge as a crucial component in modern healthcare practices and industrial manufacturing, reflecting a shift towards more innovative uses. The growing focus on sustainability and efficiency is propelling both segments forward, with Hydrogen leading the charge in environmental initiatives, while Oxygen's role in cutting-edge technologies highlights its potential for future growth.

By End User: Industry (Largest) vs. Energy (Fastest-Growing)

In the Russia industrial gases market, the end user segment is primarily driven by industry, which commands the largest share. Industries such as manufacturing and construction utilize various industrial gases for processes such as welding, cutting, and chemical production. Following industry, sectors like transportation and agriculture also play significant roles, albeit with smaller shares. Energy has emerged as a critical segment due to its increasing demand for cleaner production methodologies, contributing to a notable market share within the segment. Growth trends in the Russia industrial gases market indicate a robust expansion, notably in the energy sector. The shift towards sustainable energy solutions and the growing focus on reducing carbon emissions are major drivers. The agriculture sector is also leveraging gases for enhanced productivity and efficiency in crop production. Meanwhile, innovations in industrial processes and increasing automation are expected to further bolster the demand for industrial gases across these segments, with energy leading the charge as the fastest-growing area.

Industry: Manufacturing (Dominant) vs. Agriculture (Emerging)

The manufacturing industry is the dominant force in the end user segment of the Russia industrial gases market, heavily relying on gases such as oxygen, nitrogen, and acetylene for various applications like steel production and welding. This sector benefits from significant advancements in technology and efficiency practices, leading to increased production rates. Conversely, the agriculture sector represents an emerging segment that is gaining traction through the application of industrial gases in crop fertilization and controlled atmosphere storage. As farmers look to optimize yields and minimize losses, the use of industrial gases is expected to rise, propelling this segment's growth and its overall importance in the market.

Get more detailed insights about Russia Industrial Gases Market

Key Players and Competitive Insights

The industrial gases market in Russia is characterized by a competitive landscape that is increasingly shaped by innovation, strategic partnerships, and regional expansion. Key players such as Air Products (US), Linde (DE), and Air Liquide (FR) are actively pursuing strategies that emphasize technological advancements and sustainability. For instance, Air Products (US) has focused on enhancing its hydrogen production capabilities, which aligns with the global shift towards cleaner energy solutions. Meanwhile, Linde (DE) has been investing in digital transformation initiatives to optimize its operations and improve customer engagement, thereby reinforcing its market position. Collectively, these strategies indicate a trend towards a more integrated and technologically advanced market environment.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and enhance supply chain efficiency. This approach appears to be particularly relevant in the context of geopolitical dynamics and the need for resilience in supply chains. The market structure is moderately fragmented, with several key players exerting influence over various segments. The collective actions of these companies suggest a competitive environment where innovation and operational efficiency are paramount.

In October 2025, Linde (DE) announced a strategic partnership with a local Russian firm to develop a new facility dedicated to the production of specialty gases. This move is significant as it not only enhances Linde's operational footprint in Russia but also demonstrates a commitment to local market needs. The establishment of this facility is expected to improve supply chain reliability and reduce lead times for customers, thereby strengthening Linde's competitive edge.

In September 2025, Air Liquide (FR) launched a new initiative aimed at increasing the efficiency of its gas production processes through the integration of AI technologies. This initiative is noteworthy as it reflects a broader trend towards digitalization within the industrial gases sector. By leveraging AI, Air Liquide (FR) aims to optimize production efficiency and reduce operational costs, which could potentially lead to enhanced profitability in a competitive market.

In August 2025, Messer Group (DE) expanded its operations in Russia by acquiring a local gas supplier. This acquisition is indicative of Messer's strategy to consolidate its market presence and enhance its service offerings. By integrating the local supplier's capabilities, Messer Group (DE) is likely to improve its competitive positioning and better serve the needs of its customers in the region.

As of November 2025, the competitive trends in the industrial gases market are increasingly defined by digitalization, sustainability, and the integration of advanced technologies. Strategic alliances are becoming more prevalent, as companies seek to leverage each other's strengths to enhance their market positions. Looking ahead, it appears that competitive differentiation will increasingly hinge on innovation and technology, rather than solely on price. The emphasis on supply chain reliability and operational efficiency is likely to shape the future landscape, suggesting a shift towards a more collaborative and technologically advanced market environment.

Key Companies in the Russia Industrial Gases Market market include

Industry Developments

In recent developments, the Russia Industrial Gases Market is witnessing a significant transformation driven by increasing demand for industrial gases across various sectors including healthcare, metallurgy, and energy. Companies like Linde and Air Liquide are expanding their market presence by investing in infrastructure and technology to enhance productivity and reduce emissions. Messer Group has announced plans to increase its capacity for oxygen production, aligning with the country's growing industrial needs.

In terms of mergers and acquisitions, Gazprom is exploring partnerships to enhance its gas supply operations, while Air Products and Chemicals has been in talks to secure exclusive contracts for gas supply in key industrial zones. Furthermore, the market valuation of major players such as Praxair and The BOC Group has seen a positive trajectory, with reports indicating growth attributed to the rise in industrial activities and government support for sustainable practices. Over the past 2-3 years, significant investments have been made, particularly in advanced gas solutions, which have resulted in a more competitive landscape.

The latest developments indicate a robust commitment from both domestic and international companies to innovate and expand in the Russian Industrial Gases Market.

Future Outlook

Russia Industrial Gases Market Future Outlook

The industrial gases market in Russia is projected to grow at a 6.17% CAGR from 2024 to 2035, driven by industrial expansion, technological advancements, and increasing demand for clean energy solutions.

New opportunities lie in:

  • Development of hydrogen production facilities for energy applications.
  • Expansion of specialty gas offerings for high-tech industries.
  • Implementation of advanced gas monitoring systems for safety compliance.

By 2035, the market is expected to achieve robust growth, positioning itself as a leader in industrial gases.

Market Segmentation

Russia Industrial Gases Market Type Outlook

  • Hydrogen
  • Oxygen
  • Nitrogen
  • Carbon-dioxide
  • Others

Russia Industrial Gases Market End User Outlook

  • Industry
  • Transportation
  • Agriculture
  • Energy
  • Others

Report Scope

MARKET SIZE 2024 21.08(USD Million)
MARKET SIZE 2025 22.38(USD Million)
MARKET SIZE 2035 40.72(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.17% (2024 - 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 ["Air Products (US)", "Linde (DE)", "Praxair (US)", "Air Liquide (FR)", "Messer Group (DE)", "Taiyo Nippon Sanso (JP)", "Matheson Tri-Gas (US)", "Nippon Gases (JP)", "Universal Industrial Gases (US)"]
Segments Covered Type, End User
Key Market Opportunities Adoption of sustainable practices in the industrial gases market enhances growth potential and regulatory compliance.
Key Market Dynamics Growing demand for industrial gases driven by energy sector expansion and regulatory support for cleaner technologies in Russia.
Countries Covered Russia

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FAQs

What is the expected value of the Russia Industrial Gases Market in 2024?

The Russia Industrial Gases Market is expected to be valued at 31.5 million USD in 2024.

What will the market size be in 2035?

In 2035, the Russia Industrial Gases Market is anticipated to reach a value of 63.0 million USD.

What is the expected compound annual growth rate (CAGR) for the market from 2025 to 2035?

The expected CAGR for the Russia Industrial Gases Market from 2025 to 2035 is 6.504%.

Which segment of industrial gases holds the largest market share in 2024?

Hydrogen is expected to hold the largest segment with a value of 9.0 million USD in 2024.

What is the projected market value of Oxygen in 2035?

The market value of Oxygen is projected to reach 16.0 million USD in 2035.

Who are the key players in the Russia Industrial Gases Market?

Major players in the market include Linde, Messer Group, Air Liquide, and Praxair among others.

What is the growth rate of the Nitrogen segment from 2024 to 2035?

The Nitrogen segment is projected to grow from 7.5 million USD in 2024 to 15.0 million USD in 2035.

What are the anticipated challenges for the Russia Industrial Gases Market?

Challenges such as geopolitical tensions and pricing volatility may impact market stability.

By what value is the Carbon-dioxide segment expected to grow by 2035?

The Carbon-dioxide segment is forecasted to grow from 4.5 million USD in 2024 to 9.0 million USD in 2035.

What long-term trends can be expected in the industrial gases market in Russia?

Increased demand for energy-efficient solutions and advancements in technology are key emerging trends.

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