Gas Mixtures Market Size to be USD 24.8 Billion by 2035; Market Growth is Driven by the Rising Specialized Gases

Published Date: February 2025

The composition of a gas mixture is defined by the amount of various components in the mixture. Different units may be used for specifying composition. A gaseous mixture of particles containing charged particles, excited neutral atoms and molecules, radicals, and UV photons. Rising demand for specialized gases in various industries propel market expansion.

Gas Mixtures Market Segmentation Analysis:

By Gas Type

Nitrogen, Oxygen, Hydrogen, Helium, Argon, Carbon Dioxide, and Others

By Transportation

Merchant Liquid Distribution, Cylinder and Packaged Distribution, Tonnage Distribution, and Others

By Manufacturing Process

Hydrogen Production Technology, Air Separation Technology, and Others

By End-User

Medical and Healthcare, Electronics, Metal Manufacturing & Fabrication, Chemicals, Food & Beverages, and Others

Gas Mixtures Market Report Highlights:

  • By 2035, the market is expected to grow at USD 24.8 Billion.
  • Gas mixtures market size was evaluated at USD 16.9 Billion in 2024.
  • Target market is expected to accelerate at a CAGR of 4.3%.
  • By gas type, the market is dominated by the oxygen segment.
  • On the basis of transportation, the air separation technology segment leads the market.
  • The merchant liquid distribution transportation segment is witnessing highest growth in the market.
  • Under end-user, the market is led by the medical and healthcare segment.
  • North America is anticipated to lead the market during the forecast period. 
  • Asia Pacific is considered to be the fastest growing region in the target market.

Gas Mixtures Market Dynamics:

Growing Factor

Challenge Factor

Market Trend

Increasing Gas Mixtures Use

Safety Concerns

Advanced Technologies Adoption

Gas Mixtures Market Key Highlights:

In July 2024Honeywell and Air Products jointly announced that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business. The acquisition will enable Honeywell to provide clients with a complete, superior solution for overseeing their energy transformation process. Modern liquefaction and natural gas pre-treatment will be included in the new comprehensive offering, which will use digital automation technologies combined under the Honeywell Forge and Experian platforms. This full-service solution will provide unmatched value and support by enabling the effective, dependable, and optimized management of natural gas assets.

Gas Mixtures Market News Forecast 2025-2035

Gas Mixtures Market Report Analysis:

Personnel Responsible for Preparing & Authorising Gas Mixing Instructions:

Such personnel shall have sufficient technical education and relevant experience to be able to fully understand the chemical, physical and engineering principles involved in the formulation of mixing instructions and their subsequent approval. There shall be a list of authorised personnel. Listed personnel should not be placed under undue production or commercial pressures whilst preparing and authorising gas mixing instructions. Such personnel shall work to formalise procedures and instructions and shall work and communicate closely with the personnel who design gas mixing facilities and also for preparing, filling, and analysing gas mixtures.

Browse 60 market data tables and 35 figures through 168 slides and in-depth TOC on Gas Mixtures Market Size, Share, By Gas Type, Transportation, Manufacturing Process, End-User, and Region - Trends, Analysis, and Forecast till 2035”

Gas Mixtures Market Segmentation:

By Gas Type

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

By Transportation:

  • Merchant Liquid Distribution
  • Cylinder and Packaged Distribution
  • Tonnage Distribution
  • Others

By Manufacturing Process:

  • Hydrogen Production Technology
  • Air Separation Technology
  • Others

By End User:

  • Medical and Healthcare
  • Electronics
  • Metal Manufacturing & Fabrication
  • Chemicals
  • Food & Beverages
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Russia
    • Italy
    • Spain
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

For more insights into the Gas Mixtures Market and its future trends, visit the link: https://www.prophecymarketinsights.com/market_insight/gas-mixtures-market-5752

Competitive Landscape of Gas Mixtures Market:

The key players operating in the gas mixtures market are Linde PLC, AIR LIQUIDE SOUTH AFRICA, Airgas, Inc., TAIYO NIPPON SANSO CORPORATION, Air Products and Chemicals, Inc., Iwatani Corporation of America, Advanced Specialty Gases, CHEMTRON SCIENCE LABORATORIES PRIVATE LIMITED, Axcel Gases, SPACE CRYOGASES PRIVATE LIMITED, Chemix Specialty Gases and Equipment, MED GAS N EQUIPMENT, Messer, and AGEM.

Company Name

LINDE PLC

Headquarter

Dublin, Ireland

CEO

Sanjiv Lamba

Employee Count (2024)

66,323 Employees

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