The Saudi Arabia industrial gas cylinders market size reached USD 61.73 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 88.70 Million by 2033, exhibiting a growth rate (CAGR) of 4.11% during 2025-2033. The market is driven by robust demand from Saudi Arabia’s oil and gas sector, where industrial gases, including oxygen, nitrogen, and argon are essential for drilling, refining, and petrochemical operations. Government-led Vision 2030 investments in energy projects and gas-based power expansion further propel the need for high-pressure cylinders, while the shift toward composite alternatives enhances safety and efficiency. The rising industrial diversification is further augmenting the Saudi Arabia industrial gas cylinders market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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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 61.73 Million |
Market Forecast in 2033 | USD 88.70 Million |
Market Growth Rate 2025-2033 | 4.11% |
Increasing Demand for Industrial Gas Cylinders in Oil and Gas Sector
The market is experiencing significant growth due to rising demand from the oil and gas sector. In 2023, Saudi Arabia's oil production decreased by 9% to 9.5 million barrels per day (b/d), while crude oil exports declined by 5% to 7.0 million b/d. Saudi Arabia has 17% of the world's proven oil reserves. Additionally, it plans to expand its natural gas production by 2025 by opening the Jafurah field, targeting 2 billion cubic feet per day (Bcf/d) of natural gas by 2030. Due to some continuous upgrades to infrastructure and domestic gas processing, Saudi Arabia is making significant developments in its energy sector, which is significantly influencing the industrial gas cylinder market. Saudi Arabia is the largest oil producer in the world and, as such, uses oxygen, nitrogen, and argon as industrial gases for drilling, refining, and petrochemical products. The Government's ongoing vision of Vision 2030 will encourage investments in energy projects, thus resulting in high-pressure gas cylinders to transport and store added-value gases. Moreover, the greater application of power generation based on gas, along with the application of enhanced oil recovery (EOR) technology, is anticipated to increase industrial gas consumption. Industrial gas cylinder demand, linked to industrial gas-related cylinders, is expected to expand with further industrial diversification and infrastructure growth. With domestic consumption supported by, as well as export opportunities within the Middle East, industrial gas-related cylinder demand is likely to expand.
Rising Adoption of Automation and Smart Cylinder Technologies
Automation and smart technologies will play a pivotal role in supporting Saudi Arabia industrial gas cylinders market growth. The increased adoption of IoT-enabled cylinders offers real-time monitoring and safety management in industries such as oil and gas, manufacturing, and healthcare. Using smart cylinders with sensors that track gas levels, pressure, and leakage can also provide operational efficiencies and minimize risks. Saudi Vision 2030 aligns Saudi Arabia's transformation towards Industry 4.0, with over USD 20 Billion committed to artificial intelligence by 2030. The Kingdom's National Industrial Strategy aims at modernizing 4,000 factories, focusing on automation, energy efficiency, and smart technologies, through initiatives such as "Future Factories" that improve production efficiency. Industry specialists point to the need for industrial gas cylinders to support various sectors. Companies are supplementing RFID and GPS tracking with enhanced cylinder logistics and inventory management. The transition towards "Industry 4.0" and smart production is under Vision 2030 and is accelerating ahead of schedule, as companies need to streamline their supply chains and reduce downtime. Digital solutions are also helping with predictive maintenance, which reduces costs and enhances cylinder life. With the Industry's emphasis on creating more automated and data-informed decision-making and operations, there is expected to be a growing need for smart gas cylinders, which will change the competitive landscape.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on type and application.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes steel industrial gas cylinder, aluminum industrial gas cylinder, and composite industrial cylinder.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes general industry, chemical energy, food industry, medical industry, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
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 | Million 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 | Steel Industrial Gas Cylinder, Aluminum Industrial Gas Cylinder, Composite Industrial Cylinder |
Applications Covered | General Industry, Chemical Energy, Food Industry, Medical Industry, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
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: