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    North America Industrial Gases Market

    ID: MRFR/EnP/52990-HCR
    128 Pages
    Garvit Vyas
    October 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 Infographic
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    North America Industrial Gases Market Summary

    As per analysis, the North America industrial gases market Size was estimated at 263.53 USD Million in 2024. The North America industrial gases market is projected to grow from 279.69 USD Million in 2025 to 507.05 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.13% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The North America industrial gases market is poised for growth driven by sustainability and technological advancements.

    • Sustainability initiatives are increasingly shaping the industrial gases market in North America, particularly in the US.
    • Technological advancements are enhancing gas production efficiency, contributing to market expansion in Canada.
    • The healthcare sector is experiencing notable growth, driving demand for medical gases across both regions.
    • Rising demand for clean energy solutions and increased investment in infrastructure are key drivers of market growth.

    Market Size & Forecast

    2024 Market Size 263.53 (USD Million)
    2035 Market Size 507.05 (USD Million)

    Major Players

    Air Liquide (FR), Linde (DE), Praxair (US), Air Products and Chemicals (US), Messer Group (DE), Taiyo Nippon Sanso Corporation (JP), Matheson Tri-Gas (US), Nippon Gases (JP)

    North America Industrial Gases Market Trends

    The industrial gases market in North America is currently experiencing a dynamic evolution, driven by various factors including technological advancements and increasing demand across multiple sectors. Industries such as healthcare, manufacturing, and food processing are increasingly relying on gases like oxygen, nitrogen, and argon for their operations. This reliance is likely to continue as companies seek to enhance efficiency and reduce operational costs. Furthermore, the push towards sustainability is prompting a shift towards cleaner production methods, which may further influence the market landscape. In addition, regulatory frameworks are evolving, with governments emphasizing safety and environmental standards. This regulatory environment could lead to increased investments in infrastructure and technology, thereby fostering growth within the industrial gases market. The ongoing development of new applications, particularly in the energy sector, suggests that the market will continue to expand. As industries adapt to changing consumer preferences and technological innovations, the industrial gases market appears poised for significant transformation in the coming years.

    Sustainability Initiatives

    The industrial gases market is witnessing a notable shift towards sustainability, with companies increasingly adopting eco-friendly practices. This trend is driven by regulatory pressures and consumer demand for greener solutions. As a result, firms are investing in technologies that reduce emissions and enhance energy efficiency, potentially reshaping their operational frameworks.

    Technological Advancements

    Innovations in production and distribution technologies are significantly impacting the industrial gases market. Automation and digitalization are streamlining processes, improving safety, and reducing costs. These advancements may lead to enhanced product quality and reliability, thereby attracting more industries to utilize industrial gases.

    Healthcare Sector Growth

    The healthcare sector's expansion is contributing to the rising demand for industrial gases, particularly medical-grade oxygen and nitrous oxide. As healthcare facilities evolve and expand, the need for reliable gas supply systems becomes critical. This trend indicates a robust growth potential for suppliers in the industrial gases market.

    North America Industrial Gases Market Drivers

    Expansion of Manufacturing Activities

    The industrial gases market is benefiting from the expansion of manufacturing activities across various sectors in North America. As industries such as automotive, aerospace, and electronics ramp up production, the demand for industrial gases, including oxygen, nitrogen, and argon, is expected to rise. In 2025, the manufacturing sector is projected to contribute approximately $2 trillion to the North American economy, further driving the need for efficient gas supply solutions. This growth is likely to enhance the competitive landscape, prompting companies to invest in advanced technologies and logistics to meet the increasing demand for industrial gases.

    Increased Investment in Infrastructure

    Investment in infrastructure development is a critical driver for the industrial gases market in North America. Government initiatives aimed at modernizing transportation, energy, and utility infrastructures are creating a favorable environment for industrial gas suppliers. For instance, the U.S. government has allocated substantial funding for infrastructure projects, which is expected to exceed $1 trillion over the next five years. This influx of capital is likely to stimulate demand for industrial gases used in construction, welding, and other applications, thereby bolstering the market's growth. Companies that strategically position themselves to cater to these infrastructure needs may find significant opportunities for expansion.

    Rising Demand for Clean Energy Solutions

    The industrial gases market in North America is experiencing a notable surge in demand for clean energy solutions. This trend is largely driven by the increasing focus on reducing carbon emissions and transitioning to renewable energy sources. Hydrogen, a key industrial gas, is gaining traction as a clean fuel alternative, particularly in the transportation and power generation sectors. The market for hydrogen is projected to grow significantly, with estimates suggesting a compound annual growth rate (CAGR) of around 10% over the next decade. This shift towards cleaner energy not only aligns with environmental goals but also presents lucrative opportunities for companies within the industrial gases market to innovate and expand their product offerings.

    Technological Innovations in Gas Production

    Technological innovations are reshaping the industrial gases market in North America. Advances in gas separation technologies, such as membrane and cryogenic processes, are enhancing the efficiency and cost-effectiveness of gas production. These innovations not only reduce operational costs but also minimize environmental impact, aligning with the growing emphasis on sustainability. Furthermore, the integration of automation and digitalization in gas production facilities is expected to improve supply chain management and operational efficiency. As these technologies continue to evolve, they may provide a competitive edge to companies within the industrial gases market, enabling them to meet the diverse needs of their customers more effectively.

    Growing Demand from the Food and Beverage Sector

    The food and beverage sector is emerging as a significant driver for the industrial gases market in North America. The increasing need for food preservation, packaging, and processing is propelling the demand for gases such as carbon dioxide and nitrogen. In 2025, the food and beverage industry is anticipated to reach a market value of approximately $1 trillion, with a substantial portion of this growth attributed to the use of industrial gases. This trend highlights the importance of industrial gases in maintaining food quality and safety, thereby presenting opportunities for suppliers to expand their market presence and develop tailored solutions for this sector.

    Market Segment Insights

    By Type: Hydrogen (Largest) vs. Oxygen (Fastest-Growing)

    In the North America industrial gases market, Hydrogen holds the largest market share, primarily due to its extensive applications in diverse industries such as refining and chemical production. Oxygen follows as a significant contributor, with a growing presence in sectors like medical and metal fabrication, highlighting the shifting focus towards more sustainable energy sources and innovative technologies. The growth trends for this segment indicate a robust expansion, driven by increasing demand for clean energy solutions and advancements in production and distribution technologies. Hydrogen's role in fuel cells and energy storage systems is increasingly recognized, while Oxygen's use in healthcare applications continues to soar. This dynamic interplay is reshaping the competitive landscape of the market.

    Hydrogen (Dominant) vs. Carbon-dioxide (Emerging)

    Hydrogen stands out as a dominant force in the North America industrial gases market due to its versatility and extensive applications in clean energy and industrial processes. Its significance is amplified by global initiatives aimed at reducing carbon emissions and transitioning towards renewable energy sources. In contrast, Carbon-dioxide is emerging, primarily driven by its applications in the food and beverage sector, particularly in carbonating drinks and preserving perishables. The dual focus on sustainability and innovation presents challenges and opportunities, as producers explore ways to enhance Carbon-dioxide's utility, while maintaining the leadership of Hydrogen in driving industry advancements.

    By End User: Energy (Largest) vs. Transportation (Fastest-Growing)

    The market share distribution among the end user segments in the industrial gases market reveals that Energy holds the largest proportion, driven by its essential role in power generation and industrial operations. This segment is followed closely by Transportation, Agriculture, and Others, which collectively contribute to a significant market presence. Each of these segments displays varying degrees of demand based on industry needs and technological advancements. Growth trends within the end user segments show that while Energy remains dominant now, Transportation is emerging rapidly as the fastest-growing segment. Factors such as increasing global demand for cleaner fuels and the expansion of logistics services have spurred this growth. Moreover, innovations in agricultural practices, including the utilization of industrial gases for enhanced crop yields, are propelling Agriculture's development, further diversifying the market landscape.

    Energy (Dominant) vs. Transportation (Emerging)

    The Energy segment is characterized by its substantial utilization of industrial gases such as oxygen, nitrogen, and hydrogen, which are crucial for processes including combustion, gasification, and in chemical reactions facilitating power generation. This dominance is supported by established infrastructure and ongoing investments in energy production technologies. Conversely, the Transportation segment is distinguished by its rapid expansion, fueled by advancements in logistics and the shift towards more sustainable transportation solutions. The demand for gases in this segment is driven by the need for efficient fuel solutions and innovative applications in freight and passenger transport, making it a dynamic player in the overall market.

    Get more detailed insights about North America Industrial Gases Market

    Regional Insights

    US : Leading Market with Robust Growth

    The US industrial gases market is valued at $230.83 billion, holding a significant share of the North American market. Key growth drivers include the booming manufacturing sector, increased demand for healthcare gases, and advancements in technology. Regulatory policies, such as the Clean Air Act, promote the use of cleaner industrial processes, while government initiatives support infrastructure development, enhancing distribution networks and production capabilities. The demand for industrial gases is also driven by the rise in applications across sectors like food and beverage, electronics, and energy. Key markets include states like Texas, California, and New York, where major industrial hubs are located. The competitive landscape features significant players such as Air Products and Chemicals, Praxair, and Matheson Tri-Gas, which dominate the market. Local dynamics are influenced by a strong business environment, with a focus on innovation and sustainability. Industries such as aerospace, automotive, and pharmaceuticals are key consumers of industrial gases, driving further growth in the sector.

    Canada : Strategic Developments in Industrial Gases

    Canada's industrial gases market is valued at $32.7 billion, representing a smaller yet growing segment of the North American market. Key growth drivers include the expansion of the oil and gas sector, increased investments in renewable energy, and a rising focus on environmental sustainability. Government initiatives, such as the Pan-Canadian Framework on Clean Growth and Climate Change, encourage the adoption of cleaner technologies, while infrastructure improvements are enhancing distribution capabilities across the provinces. Demand trends indicate a growing consumption of gases in sectors like healthcare and manufacturing. Key provinces such as Alberta, Ontario, and British Columbia are pivotal markets, with cities like Calgary and Toronto leading in industrial activity. The competitive landscape includes major players like Air Liquide and Linde, which have established a strong presence. The local market dynamics are characterized by a collaborative business environment, with a focus on innovation and partnerships. Industries such as mining, food processing, and pharmaceuticals are significant consumers of industrial gases, contributing to the market's growth.

    North America Industrial Gases Market Regional Image

    Key Players and Competitive Insights

    The industrial gases market in North America is characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for industrial gases across various sectors such as healthcare, manufacturing, and energy. Major players like Air Liquide (FR), Linde (DE), and Air Products and Chemicals (US) are strategically positioned to leverage innovation and regional expansion to enhance their market presence. These companies are focusing on digital transformation and sustainability initiatives, which collectively shape a competitive environment that emphasizes technological advancement and environmental responsibility.

    In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure appears moderately fragmented, with several key players exerting considerable influence. This fragmentation allows for a diverse range of offerings, yet the collective strength of major companies like Praxair (US) and Messer Group (DE) ensures that competition remains robust and innovation-driven.

    In October 2025, Air Products and Chemicals (US) announced a significant investment in a new hydrogen production facility in Texas, aimed at supporting the growing demand for clean energy solutions. This strategic move not only reinforces their commitment to sustainability but also positions them as a leader in the hydrogen economy, which is expected to expand rapidly in the coming years. The facility is anticipated to enhance their production capacity and supply reliability, thereby strengthening their competitive edge.

    In September 2025, Linde (DE) unveiled a partnership with a major automotive manufacturer to develop advanced gas solutions for electric vehicle production. This collaboration highlights Linde's focus on innovation and its ability to adapt to emerging market trends. By integrating their gas technologies into the automotive sector, Linde is likely to enhance its market share while contributing to the industry's shift towards more sustainable practices.

    In August 2025, Messer Group (DE) expanded its operations in North America by acquiring a regional gas supplier, which is expected to bolster its distribution network and customer base. This acquisition reflects Messer's strategy to enhance its operational footprint and improve service delivery. The integration of the acquired company is likely to provide Messer with a competitive advantage in terms of logistics and customer engagement.

    As of November 2025, current competitive trends in the industrial gases market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming more prevalent, as companies seek to combine resources and expertise to drive innovation. The competitive differentiation is shifting from traditional price-based competition to a focus on technological advancements, supply chain reliability, and sustainable practices. This evolution suggests that companies that prioritize innovation and adaptability will likely emerge as leaders in the market.

    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.

    Future Outlook

    North America Industrial Gases Market Future Outlook

    The industrial gases market is projected to grow at a 6.13% CAGR from 2024 to 2035, driven by increasing demand in healthcare, manufacturing, and energy sectors.

    New opportunities lie in:

    • Expansion of hydrogen production facilities for clean energy applications.
    • Development of advanced gas storage solutions to enhance supply chain efficiency.
    • Implementation of digital monitoring systems for real-time gas usage optimization.

    By 2035, the industrial gases market is expected to achieve robust growth, reflecting evolving industry needs.

    Market Segmentation

    North America Industrial Gases Market Type Outlook

    • Hydrogen
    • Oxygen
    • Nitrogen
    • Carbon-dioxide
    • Others

    North America Industrial Gases Market End User Outlook

    • Industry
    • Transportation
    • Agriculture
    • Energy
    • Others

    Report Scope

    MARKET SIZE 2024263.53(USD Million)
    MARKET SIZE 2025279.69(USD Million)
    MARKET SIZE 2035507.05(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)6.13% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies Profiled["Air Liquide (FR)", "Linde (DE)", "Praxair (US)", "Air Products and Chemicals (US)", "Messer Group (DE)", "Taiyo Nippon Sanso Corporation (JP)", "Matheson Tri-Gas (US)", "Nippon Gases (JP)"]
    Segments CoveredType, End User
    Key Market OpportunitiesAdoption of sustainable practices drives demand for low-carbon industrial gases in various sectors.
    Key Market DynamicsRising demand for sustainable industrial gases driven by regulatory pressures and technological advancements in North America.
    Countries CoveredUS, Canada

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    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.

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