Enjoy complimentary customisation on priority with our Enterprise License!
The Europe Industrial Gases Market size is forecast to increase by USD 7.42 billion, at a CAGR of 5.01% between 2023 and 2028. The growth trajectory of the market hinges on several key factors, foremost among them being the escalating demand for industrial gases across diverse end-user industries. This surge in demand is propelled by the essential role industrial gases play in various manufacturing processes. Additionally, the swift adoption of surface-chilling technology further catalyzes market expansion, as industries seek efficient cooling solutions to optimize production processes. Moreover, the uptick in merger and acquisition (M&A) activities within the market fosters consolidation and drives innovation, paving the way for enhanced offerings and market competitiveness. As these trends persist, the market is poised for sustained growth, fueled by the convergence of technological advancements and evolving industry dynamics.
The market is witnessing significant growth, driven by a multitude of factors. Amid the rising demand for low-calorie alternatives, organic compounds like sugar alcohols are gaining traction, particularly in the production of candies, chewing gums, and ice creams. The chemical industry, including metallurgy and glass, relies heavily on industrial gases such as acetylene for various processes. Furthermore, in the realm of personal care products, hydroxyl groups find applications in toothpaste, mouthwash, and throat lozenges, while flexible polyurethane coatings are integral to breath mints. As Europe continues to prioritize sustainability and innovation, the Industrial Gases Market plays a crucial role, providing essential support to industries ranging from chemicals and energy to yogurts and fruit spreads.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.