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    North America Industrial Gases Market

    ID: MRFR/E&P/52990-HCR
    128 Pages
    Garvit Vyas
    September 2025

    North America Industrial Gases Market Research Report By Type (Hydrogen, Oxygen, Nitrogen, Carbon-dioxide, Others), By End User (Industry, Transportation, Agriculture, Energy, Others) and By Regional (US, Canada)- Forecast to 2035

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    North America Industrial Gases Market Summary

    The North America Industrial Gases market is projected to grow significantly from 367.5 USD Million in 2024 to 707 USD Million by 2035.

    Key Market Trends & Highlights

    North America Industrial Gases Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate of 6.13 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 707 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 367.5 USD Million, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced technologies due to increasing industrial applications is a major market driver.

    Market Size & Forecast

    2024 Market Size 367.5 (USD Million)
    2035 Market Size 707 (USD Million)
    CAGR (2025-2035) 6.13%

    Major Players

    Linde, Messer Group, Indura, Taiyo Nippon Sanso, SciTex, Nitrochem, Wesfarmers, Gas Innovations, Praxair, Universal Industrial Gases, Matheson TriGas, Air Products and Chemicals, Gulf Cryo, American Air Liquide, Airgas

    North America Industrial Gases Market Trends

    The North America industrial gases market is undergoing profound changes that reflect the development of industrial activities in the region. Among the various factors that drive demand in the market, the use of industrial gases in the manufacturing, chemicals, healthcare, and food processing industries are growing. The increased focus on energy and environment conservation is forcing industries to use cleaner production processes, which is increasing the demand for industrial gases, especially oxygen and nitrogen.

    Moreover, automation and the Internet of Things (IoT) are technological advancements that affect the production and delivery processes of industrial gases, making operations more efficient and less wasteful.

    The scope of opportunities in the North American market are virtually limitless, especially with the recent emphasis on green technologies. In particular, there is great demand for the development of hydrogen-based energy solutions that have the power to change the face of energy. Businesses are working to find methods to integrate hydrogen production into their processes to provide cleaner energy for industrial use.

    Additionally, the market is also undergoing a shift towards the regional production and distribution of industrial gases to reduce logistics costs and decrease lead times, an essential requirement for industries that utilize Just In Time (JIT) manufacturing systems.

    In addition, the recent years have noted an increased emphasis on safety and compliance within the industrial gases industry. This is especially relevant in North America, where both national and regional agencies are implementing strict standards for the manufacturing, storage, and servicing of gases for the protection of workers and the environment. Companies are adopting these regulations and putting in new safety technologies which improves compliance and gas industrial technology. All this suggests a change of attitude in responsibly managing industrial gases.

    In summary, the entire North America Industrial Gases Market is being molded by new developments in technology, policies, and an evolving focus on enduring efforts toward environmental protection.

    Market Segment Insights

    Industrial Gases Market Type Insights

    Industrial Gases Market Type Insights

    The North America Industrial Gases Market is extensively categorized by Type, reflecting a diverse range of gases that serve critical applications across numerous sectors. Hydrogen is positioned prominently within this landscape, given its vital role as a clean energy source and its increasing adoption in fuel cells and refining processes. The growing push for sustainable solutions is enhancing its relevance and demand. Oxygen, utilized predominantly in medical applications, metal fabrication, and wastewater treatment, is critical for various industrial processes.

    Its significance is amplified by the rising healthcare needs, particularly during the recovery from the recent global health crises. Nitrogen, essential for food preservation, chemical manufacturing, and the electronics industry, demonstrates notable stability and is a widely used inert gas across multiple applications, making it a considerable contributor to the market's overall performance. Carbon dioxide, while often associated with the beverage industry and enhanced oil recovery, is also garnering attention for its applications in carbon capture and storage technologies, responding to environmental concerns and regulatory pressures.

    Finally, the "Others" category encompasses a range of specialty gases that are gaining traction within niche markets, including neon and argon, highlighting the vast potential for growth and innovation within the North America Industrial Gases Market. The segmentation emphasizes the varied applications and growth potential of each gas type, reflecting the dynamic trends and drivers within this vital industry, underscoring its integral role in driving industrial efficiency and addressing environmental challenges.

    As the North America Industrial Gases Market evolves, the significance of each type of gas is becoming increasingly intertwined with technological advancements, environmental policies, and the broader economic landscape, offering substantial opportunities for growth and innovation across the industrial spectrum.

    Industrial Gases Market End User Insights

    Industrial Gases Market End User Insights

    The North America Industrial Gases Market, a significant sector, demonstrates a diverse End User landscape encompassing various industries such as Industry, Transportation, Agriculture, Energy, and Others. The Industry segment stands out, where industrial gases serve critical functions in manufacturing processes and chemical production, driving efficiency and reducing costs. In Transportation, gases like hydrogen are pivotal for fuel cell technology, supporting the shift towards sustainable transport solutions. The Agriculture sector benefits from gases used in crop protection and fertilizers, enhancing yields and promoting food security.

    In Energy, industrial gases facilitate cleaner energy production and are integral to processes such as gasification and carbon capture. Other miscellaneous applications also contribute to market vitality, offering unique solutions to various operational challenges. The North America Industrial Gases Market segmentation reflects the region's technological advancements and growing demand across these industries, showcasing an evolving landscape influenced by innovation, regulatory frameworks, and shifts towards sustainability, ultimately shaping the market's growth trajectory.

    Get more detailed insights about North America Industrial Gases Market Research Report-Forecast till 2035

    Regional Insights

    The North America Industrial Gases Market is experiencing steady growth, with a notable contribution from key regions such as the United States and Canada. The United States holds a significant share of the market, driven by its advanced manufacturing and healthcare sectors, which heavily rely on industrial gases for processes like welding, cutting, and medical applications. Meanwhile, Canada shows strong market potential due to its expanding energy sector, particularly in oil and gas, where industrial gases play a crucial role in extraction and processing.

    Both regions benefit from an increasing focus on sustainability and the development of cleaner technologies, which are driving demand for gases like hydrogen and carbon dioxide. The North America Industrial Gases Market segmentation reflects the diverse applications across these countries, offering opportunities for companies to innovate and expand their services. Market growth is also supported by advancements in technology and increasing partnerships between industrial gas suppliers and end-users, enhancing operational efficiencies and product offerings. The overall dynamics of this segment underscore the importance of regional contributions, particularly as industries continue to evolve and adapt to changing regulations and environmental standards.

    North America Industrial Gases Market Region

    Key Players and Competitive Insights

    The North America Industrial Gases Market presents a dynamic landscape characterized by an evolving competitive environment. With various companies striving for market share amidst growing demand across sectors such as healthcare, food processing, and metal fabrication, the market is witnessing robust competition. The increasing investments in infrastructure development and the expansion of manufacturing activities are further driving the need for industrial gases. Companies are focusing on innovation, technological advancements, and strategic partnerships to strengthen their market positions and enhance operational efficiency.

    The competitive scenario is influenced by factors such as pricing strategies, product capabilities, and the ability to provide integrated solutions tailored to customer needs, making it essential for players to stay ahead of industry trends.

    In the North America Industrial Gases Market, Linde stands out prominently due to its established market presence and extensive product portfolio. Through its deep investment in research and development, Linde has consistently been at the forefront of innovation, offering a wide range of industrial gases including oxygen, nitrogen, argon, and specialty gases. The company enjoys a strong reputation for its high-quality products and customer service, which have enabled it to build long-lasting relationships with key industries. Linde's operational strength lies in its efficient supply chain capabilities and advanced distribution networks, allowing for timely delivery and reliable service.

    Furthermore, Linde's commitment to sustainability and exploration of environmentally friendly practices gives it a competitive edge as industries increasingly prioritize green solutions. Messer Group, while focusing specifically on the North America Industrial Gases Market, has established its presence through strategic mergers and acquisitions aimed at expanding its reach and product offerings.

    The company specializes in a wide range of industrial gases tailored for various applications, including healthcare, food and beverage, and manufacturing. Messer Group is recognized for its strong emphasis on safety and reliability, ensuring that it meets regulatory standards while providing high-quality products. Its market presence is bolstered by a customer-centric approach, with tailored solutions that address specific client needs and challenges. The company's commitment to innovation is reflected in its investment in new technologies and collaborative efforts with local industries, enabling it to stay competitive and responsive to market demands.

    Through its growing footprint in North America, Messer Group continues to strengthen its capabilities and offerings, positioning itself as a key player in the industrial gases sector.

    Key Companies in the North America Industrial Gases Market market include

    Industry Developments

    In recent months, the North America Industrial Gases Market has experienced significant developments, particularly with major players like Linde, Air Products and Chemicals, and Praxair expanding their operations and product portfolios. Linde has been active in enhancing its supply chain capabilities to meet increasing demand, particularly amid the ongoing complexities in global logistics as of September 2023. Additionally, in July 2023, Air Products and Chemicals announced an agreement to acquire a leading competitor in the hydrogen generation sector, marking a strategic expansion in their hydrogen business.

    Praxair, a key player within this sector, has seen rapid growth due to heightened industrial activity and an increased focus on sustainability initiatives. The North America Industrial Gases Market is also witnessing a shift towards eco-friendly technologies, with companies investing heavily in Research and Development to produce low-carbon solutions. Furthermore, the industry is benefiting from advancements in liquid nitrogen and oxygen applications, driven by sectors such as healthcare and manufacturing, demonstrating a 5% growth in market valuation over the past year according to industry estimates from various authoritative sources.

    Market Segmentation

    Outlook

    • US
    • Canada

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 346.5(USD Million)
    MARKET SIZE 2024 367.5(USD Million)
    MARKET SIZE 2035 707.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.129% (2025 - 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 Linde, Messer Group, Indura, Taiyo Nippon Sanso, SciTex, Nitrochem, Wesfarmers, Gas Innovations, Praxair, Universal Industrial Gases, Matheson TriGas, Air Products and Chemicals, Gulf Cryo, American Air Liquide, Airgas
    SEGMENTS COVERED Type, End User, Regional
    KEY MARKET OPPORTUNITIES Growing demand for clean energy, Expansion in healthcare applications, Increased industrial automation, Rising environmental regulations, Advancements in gas production technology
    KEY MARKET DYNAMICS growing demand across industries, advancements in gas production technologies, increasing environmental regulations, shift towards renewable energy, consolidation in supplier landscape
    COUNTRIES COVERED US, Canada

    FAQs

    What is the projected market size of the North America Industrial Gases Market in 2024?

    The North America Industrial Gases Market is projected to be valued at 367.5 million USD in 2024.

    What is the expected market value for the North America Industrial Gases Market by 2035?

    By 2035, the North America Industrial Gases Market is expected to reach a value of 707.0 million USD.

    What is the compound annual growth rate (CAGR) for the North America Industrial Gases Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 6.129% from 2025 to 2035.

    Which region holds the largest market share in the North America Industrial Gases Market?

    The United States holds the largest market share, valued at 220.0 million USD in 2024.

    How much is the Canadian market for industrial gases projected to be worth in 2035?

    The Canadian market for industrial gases is projected to reach 287.0 million USD by 2035.

    What are the major types of industrial gases in North America and their expected values in 2024?

    Major types include Hydrogen at 90.0 million USD, Oxygen at 100.0 million USD, Nitrogen at 80.0 million USD, Carbon-dioxide at 60.0 million USD, and Others at 37.5 million USD in 2024.

    Who are the key players in the North America Industrial Gases Market?

    Key players include Linde, Air Products and Chemicals, Praxair, and American Air Liquide among others.

    What is the projected growth rate of the nitrogen segment in the North America Industrial Gases Market?

    The nitrogen segment is expected to grow from 80.0 million USD in 2024 to 160.0 million USD by 2035.

    What challenges does the North America Industrial Gases Market face?

    The market faces challenges such as regulatory compliance and competition among established players.

    What opportunities exist in the North America Industrial Gases Market market?

    Innovations in production and increasing demand for cleaner fuels present growth opportunities in the market.

    Report Infographic
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