Global Industrial Gases Market Forecast to 2036 with Profiles of Active Manufacturers & Service Providers

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Global Industrial Gases Market Forecast to 2036 with Profiles of Active Manufacturers & Service Providers Research and Markets May 8, 2026 5 min read AI.PA +0.25% LIN +0.98% Company Logo The "Industrial Gases Market by Type, Supply Mode, End-use Industry, and Geography - Global Forecast to 2036" report reveals the market is projected to hit USD 193.72 billion by 2036, up from USD 122.01 billion in 2026, growing at a CAGR of 4.7%.

Key factors driving growth include industrial decarbonization, healthcare, and electronics manufacturing expansion.

The report delves into major trends, segmentation, and provides analysis focused on oxygen, nitrogen, and hydrogen gases.

Regionally, Asia-Pacific leads due to industrialization, while key players like Air Liquide and Linde help shape the market landscape.

Dublin, May 08, 2026 (GLOBE NEWSWIRE) -- The "Industrial Gases Market by Type, Supply Mode, End-use Industry, and Geography - Global Forecast to 2036" has been added to ResearchAndMarkets.com's offering.

Global industrial gases market is expected to reach approximately USD 193.72 billion by 2036 from USD 122.01 billion in 2026, at a CAGR of 4.7% during the forecast period (2026-2036).

The report provides an in-depth analysis of the global industrial gases market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2036.

Following extensive secondary and primary research and an in-depth analysis of the market scenario, The report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges.

The major factors driving the growth of the industrial gases market include the intensifying global focus on industrial decarbonization and the rapid expansion of the healthcare and electronics manufacturing sectors.

Additionally, the rapid expansion of green hydrogen infrastructure, increasing need for high-purity specialty gases in semiconductor fabrication, and digital transformation integration are expected to create significant growth opportunities for players operating in the industrial gases market.

In 2026, Asia-Pacific dominates the global industrial gases market with the largest market share, primarily attributed to massive industrialization and the presence of leading manufacturing hubs in China, India, and South Korea.

North America and Europe are expected to witness steady growth during the forecast period, supported by the rapid adoption of clean energy technologies and the increasing demand for medical-grade gases in aging populations.

Latin America and the Middle East & Africa represent emerging markets with growing industrial infrastructure and increasing adoption of advanced gas supply solutions.

Market Segmentation Based on Type By type, the oxygen segment holds the largest market share in 2026, primarily attributed to its critical role in supporting metallurgy, healthcare, and chemical processing applications.