GCC Industrial Gases Market 2022-27 | Size, Growth, Share, Trends and Analysis

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GCC Industrial Gases Market 2022-27 | Size, Growth, Share, Trends and Analysis

Posted By Abhay Kumar     March 21, 2023    

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According to the latest report by IMARC Group “GCC Industrial Gases Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The GCC industrial gases market reached a value of US$ 2.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2027, exhibiting a CAGR of 8.2% during 2022-2027.

Industrial gases refer to a group of organic compounds comprised of several hydroxyl groups. These gases contain versatile carbohydrates with low calories and an identical taste and texture to table sugar. They are widely utilized in the food and beverage industry as a sugar replacement in products like ice creams, yogurts, fruit spreads, candies, chewing gums, etc. Industrial gases are also used for manufacturing toothpaste, breath mints, mouthwash, throat lozenges, etc.

Request for a free sample copy of this report: https://www.imarcgroup.com/gcc-industrial-gases-market/requestsample

GCC Industrial Gases Market Trends:

The GCC industrial gases market is primarily propelled by the expanding chemical industry where they are used in the production of flexible and rigid polyurethane coatings, sealants, foams, elastomers, adhesives, etc. Vast quantities of these gases are utilized in the oil and gas sector for controlling several processes in refineries. Besides this, the increasing use of industrial gas-based foams in the automotive industry for producing seating, headrest, armrest, ventilator headliners, etc., is also catalyzing the market growth. Various other factors, including rising levels of urbanization and the escalating demand for building materials, protective components, exterior panels, housing electronics, etc., are expected to further propel the market for industrial gases in the GCC region over the forecasted period.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC industrial gases market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type, application and supply mode.

Breakup by Type:

  • Nitrogen
  • Oxygen
  • Carbon Dioxide
  • Argon
  • Hydrogen
  • Others

Breakup by Application:

  • Manufacturing
  • Metallurgy
  • Energy
  • Chemicals
  • Healthcare
  • Others

Breakup by Supply Mode:

  • Packaged
  • Bulk
  • On-Site

Breakup by Region:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=2976&flag=C

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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