United States Industrial Gases Market Expected to Reach USD 40.8 Billion by 2033 - IMARC Group

February 10, 2025 | Chemical & Materials

VIEW FULL TABLE OF CONTENTS

United States Industrial Gases Market Statistics, Outlook and Regional Analysis 2025-2033

The United States industrial gases market size was valued at USD 29.7 Billion in 2024, and it is expected to reach USD 40.8 Billion by 2033, exhibiting a growth rate (CAGR) of 3.42% from 2025 to 2033.

United States Industrial Gases Market

To get more information on this market, Request Sample

The growing requirement for high-purity industrial gases is driving considerable expenditures in the manufacturing of semiconductors. Expansion efforts are centered on improving supply chains and infrastructure to enable advanced chip production, as well as assuring a consistent and efficient supply of critical gases to fuel the industry's fast technical breakthroughs. For example, in June 2024, Air Liquide secured a major agreement to bolster the US semiconductor industry with an investment exceeding USD 250 Million. This funding is directed toward strengthening the availability of key industrial gases necessary for semiconductor production.

Moreover, a rising focus on low-carbon solutions is fueling demand for clean hydrogen and nitrogen in industrial applications. Expanding partnerships are strengthening the supply chain for sustainable chemical manufacturing, assisting with the shift to environmentally friendly processes, and improving the infrastructure for large-scale blue ammonia and hydrogen-based energy projects. For instance, in February 2024, OCI and Linde formed a partnership wherein Linde supplies clean hydrogen and nitrogen to OCI’s blue ammonia facility, that is under-development in Beaumont, Texas. Furthermore, the United States industrial gases market is rapidly expanding, driven by rising demand from industries such as healthcare, industry, and renewable energy. Companies are prioritizing investments in cutting-edge technologies such as hydrogen generation, carbon capture, and AI-powered process optimization to improve efficiency and sustainability. The move to green hydrogen and low-carbon solutions is accelerating market growth, in compliance with federal decarbonization plans. For example, Air Products and Chemicals, Inc., an industry leader, has been acknowledged for its outstanding performance and institutional support. The company's stock hit an all-time high in December and is on track to achieve another high, demonstrating its strong market position. It specializes in industrial and specialized gases, with a strong emphasis on the renewable energy sector. Analysts estimate that the company's revenue will rise, citing strategic investments and global development activities. These advances highlight the industry's fast growth, which is driven by technological breakthroughs, favorable market circumstances, and a dedication to sustainability.

United States Industrial Gases Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West. Advancements in technology for producing, storing, and distributing industrial gases in various regions of the US are significantly driving the growth of the market.

Northeast Industrial Gases Market Trends:

Healthcare and biotechnology are the driving forces behind the industrial gases industry in the Northeast. Praxair, currently a part of Linde, provides oxygen, nitrogen, and other gases to healthcare institutions around the region. In Massachusetts, biotech hubs like Cambridge rely on gases for laboratory and pharmaceutical manufacturing processes. Furthermore, the region's hospitals and medical research facilities rely substantially on nitrogen for cryopreservation and oxygen for patient care, resulting in a continual high demand for industrial gases.

Midwest Industrial Gases Market Trends:

The automotive and steel manufacturing sectors influence the market in the Midwest. For example, Air Products supplies gases to major automotive manufacturers and steel mills in cities like Detroit and Pittsburgh. The steel sector, notably in Ohio and Pennsylvania, employs oxygen in blast furnaces, but nitrogen is essential in vehicle manufacturing for components and welding. With the growing need for greener technologies, hydrogen is experiencing an increase in steel manufacturing, particularly in decarbonization programs.

South Industrial Gases Market Trends:

The petrochemical and energy sectors in the South, particularly along the Gulf Coast, are important sources of industrial gases. Linde has extensive operations in Texas and Louisiana that deliver hydrogen, oxygen, and carbon dioxide to refineries and chemical plants. The region is a natural gas processing hub, with gases such as hydrogen utilized in refining and carbon dioxide used in improved oil recovery programs. Moreover, advances in carbon capture technology are on the rise, fueled by government incentives and environmental aims.

West Industrial Gases Market Trends:

The electronics and clean energy industries are critical to the industrial gases industry in the West. California, notably Silicon Valley, depends on gases such as nitrogen, argon, and helium for semiconductor production. Companies such as Air Liquide offer critical gases to these high-tech sectors. Furthermore, the region is at the forefront of the clean energy transition, with rising demand for hydrogen for fuel cells and storage solutions, particularly as California pushes for renewable energy adoption and hydrogen infrastructure development.

Top Companies Leading in the United States Industrial Gases Industry

Some of the leading United States industrial gases market companies have been mentioned in the report. Major key players are focusing on strategic business growth to support market requirements. For example, in May 2024, Linde expanded its La Porte facility's capacity, doubling output to meet growing industrial gas demand across the US Gulf Coast, bolstering supply to manufacturing, healthcare, and energy industries.

United States Industrial Gases Market Segmentation Coverage

Based on the type, the market has been segmented into nitrogen, oxygen, carbon dioxide, argon, hydrogen, and others, wherein nitrogen represents the most preferred segment. Nitrogen is primarily used in ammonia production, food preservation, chemical manufacturing, and electronics industries.
Based on the application, the market is categorized into manufacturing, metallurgy, energy, chemicals, healthcare, and others, amongst which manufacturing dominates the market. This is because the most common industrial gases, such as oxygen, nitrogen, and argon, are widely employed in manufacturing industries.
Based on the supply mode, the market has been divided into packaged, bulk, and on-site. Among these, packaged exhibits a clear dominance in the market due to its large infrastructure, diverse product portfolio, and strategic market positioning.

Report Features	Details
Market Size in 2024	USD 29.7 Billion
Market Forecast in 2033	USD 40.8 Billion
Market Growth Rate 2025-2033	3.42%
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: Type Application Supply Mode Region
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	Northeast, Midwest, South, West
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)

Browse IMARC Related Reports on Industrial Gases Market:

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

United States Industrial Gases Market Expected to Reach USD 40.8 Billion by 2033 - IMARC Group

Purchase Options Discount
Offer

Inquire Before Buying

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.