Europe Industrial Gases Market Report: Share, Size, Industry Analysis and Forecast 2024-2032

Europe Industrial Gases Market Outlook

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Size in 2023: USD 16.7 Billion

Market Forecast in 2032: USD 23.5 Billion

Market Growth Rate: 3.8% (2024-2032)

The Europe industrial gases market size reached USD 16.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 23.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032. 

Get Free Sample Report: https://www.imarcgroup.com/europe-industrial-gases-market/requestsample

Europe Industrial Gases Market Trends:

The Europe market is mainly driven by the oxygen and medical gases’ increasing demand in the healthcare industry . Furthermore, The food and beverage industry is also growing very fast demanding packing and preserving gases. Moreover, The growth in the industrial activities in the manufacturing, chemicals, and impact energy and carbon dioxide gasses are also supporting the growth of the market.

On the other hand, the global trend for moving to clean energy don’t drive the growth for carbon only but also to the hydrogen in energy production and transportation growth. About say the demand for industrial gases is also increased as a result of greater environmental sustainability policies emphasis on carbon capture and usage. In a similar vein, an increasing use in industrial gas for processes such as metal welding, cutting and fabrication also supports the market .

Europe Industrial Gases Market Scope and Growth Analysis:

The market is wide and encompasses various sectors such as the healthcare sector, food and beverages sectors, chemical sector, electronics sector as well as manufacturing sectors. The market scope is anticipated to remain attractive due to more industrialization, more technology advancements, and structural improvement of the region towards sustainability. The movement towards usage of hydrogen as a clean energy resource and hydrogen infrastructure development is expanding the potential opportunities within the market. Also, the continuous digital shifts in industries are improving the operational processes for gas production and its distribution.

As to the market analysis, the concerns over the circular economy based practices, including carbon capture and utilization, are increasing the consumption of specialty gases. Additionally, the rapid development of the pharmaceutical and biotechnological industries is driving the increase of consumption of medical gases and technology associated with them. Strengthening regulatory frameworks together with large scale international players place Europe in a good position as the industrial gases market will grow over the coming years.

Europe Industrial Gases Market Report and Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Europe industrial gases market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.

Breakup by Type:

  • Nitrogen
  • Oxygen
  • Carbon Dioxide
  • Argon
  • Hydrogen
  • Others

Breakup by Application:

  • Manufacturing
  • Metallurgy
  • Energy
  • Chemicals
  • Healthcare
  • Others 

Breakup by Supply Mode:

  • Packaged
  • Bulk
  • On-Site 

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=2973&flag=C

Key highlights of the Report:

  • Recent Industry News
  • Key Technological Trends & Development
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Market Dynamics
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape
  • Top Winning Strategies

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: [email protected] 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145