The Australia industrial gases market size reached USD 1.44 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.50 Billion by 2033, exhibiting a growth rate (CAGR) of 5.70% during 2025-2033. The market is driven by the expansion of manufacturing and industrial sectors, the increasing demand for sustainable and green technologies like hydrogen and carbon capture, and technological advancements in gas distribution systems, which enhance efficiency, reduce costs, and ensure more reliable gas delivery across industries.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.44 Billion |
Market Forecast in 2033 | USD 2.50 Billion |
Market Growth Rate (2025-2033) | 5.70% |
Expansion of Manufacturing and Industrial Sectors
Australia's industrial gases market is growing, influenced by the growth of manufacturing and industrial activities. Demand for gases like oxygen, nitrogen, and carbon dioxide in sectors including steel, food processing, and chemicals is increasing. As the nation shifts toward boosting its industrial output and diversifying production, especially in advanced manufacturing, demand for industrial gases increases. This growth is supplemented by the use of automation, which increases production efficiency, further increasing the demand for different gases for welding, cutting, and chemical reactions. The government's initiative for infrastructure development and industrial innovation is also a contributing factor.
Focus on Sustainability and Green Technologies
The transition to sustainability is a major impetus in the Australia industrial gases market. With industries and consumers becoming more environmentally conscious, there is greater emphasis on gases that facilitate green technologies like hydrogen for energy storage, carbon capture, and renewable energy applications. The government's initiative for net-zero emissions by 2050 has propelled investment in technologies that minimize carbon footprints, such as the application of industrial gases in cleaner production technology development. The demand for gases such as carbon dioxide in carbon capture technology and hydrogen for clean energy generation places the market on the path of significant change towards sustainability in the years to come.
Technological Advancements in Gas Distribution Systems
Advancements in technology for gas distribution systems are reshaping Australia's industrial gases market. Introduction of better gas handling, storage, and delivery technologies with higher efficiency and safety standards lowers the operational cost and boosts operational efficiency. Integration of digital technologies like automation and real-time monitoring is making supply chain management more efficient, minimizing downtime, and enabling accurate delivery of gas to industries. This trend is especially important in industries such as healthcare and manufacturing, where a continuous supply and tight quality control are essential. In addition, improvements in cryogenic technologies for the liquefaction of gases are making it more economic to transport industrial gases, particularly into remote areas in Australia.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, application, and supply mode.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes nitrogen, oxygen, carbon dioxide, argon, hydrogen, and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes manufacturing, metallurgy, energy, chemicals, healthcare, and others.
Supply Mode Insights:
The report has provided a detailed breakup and analysis of the market based on the supply mode. This includes packaged, bulk, on-site.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Nitrogen, Oxygen, Carbon Dioxide, Argon, Hydrogen, Others |
Applications Covered | Manufacturing, Metallurgy, Energy, Chemicals, Healthcare, Others |
Supply Modes Covered | Packaged, Bulk, On-Site |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: