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The United States industrial gases market is currently witnessing moderate growth. Looking forward, the market is expected to continue its moderate growth during the forecast period (2021-2026). Industrial gases refer to various reactive and inert gases that are produced in large quantities for industrial processes. Some of the commonly used industrial gases include nitrogen, oxygen, carbon dioxide, helium, argon, hydrogen and acetylene. These gases are found in a gaseous state at room temperature and pressure and are usually stored in large storage tanks, vaporizers and pressure vessels. They are also liquefied at high pressures for ease of storage and transportation and are widely used in the form of medical oxygen, welding gases, liquefied petroleum gas (LPG) and soda dispensing gases.
Significant growth across industries is one of the key factors driving the market growth in the United States. Industrial gases are extensively used across various industries, such as food and beverage, packaging, automotive, healthcare and electronics. For instance, cooled liquid nitrogen is used through rapid surface chilling technology for preserving and packaging food products, thereby contributing to the market growth. Furthermore, the utilization of Induced Pluripotent Stem cell (iPS) methods through carbon dioxide and liquid nitrogen for the cultivation and preservation of cells and tissues, is providing a thrust to the market growth. Other factors, including various innovations to produce hydrogen gas from industrial wastewater, along with the utilization of float gas technology for minimizing nitrogen oxide emissions from automobiles, are anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States industrial gases market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, application and supply mode.
Breakup by Type:
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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