[Market Report] Global Market for Industrial Gases
The global market for industrial gases is expected to surge, reaching 154.4 billion USD by 2031.
The global industrial gas market is experiencing unprecedented growth, with sales reaching approximately $93.8 billion in 2022. It is projected to reach $154.4 billion by 2031. This remarkable growth is driven by a steady compound annual growth rate (CAGR) of 5.7% during the forecast period from 2023 to 2031. Industrial gases play a crucial role across a wide range of industries, from manufacturing and healthcare to electronics and energy. Gases such as oxygen, nitrogen, hydrogen, and carbon dioxide are essential for various industrial processes and have become indispensable for the growth and development of the global economy. For application methods, please check the [PDF download] button or apply directly through the related links.
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