Europe Industrial Gases Market Outlook 2032: Leading Companies & Share Insights

Future Europe Industrial Gases Market: Key Dynamics, Size & Share Analysis

The Europe Industrial Gases Market size is valued at around USD 17.50 billion in 2025 and is projected to reach USD 22.98 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 5.60% during the forecast period, i.e., 2026-32.

Top Trend Impacting the Europe Industrial Gases Market Growth

Growth of CO₂ Management Ecosystems - Europe is witnessing a trending shift from standalone gas supply to integrated CO₂ capture, transport, and storage networks. Its pipeline network is expected to stretch 6,700 to 7,300 km by 2030 and expand to 15,000 to 19,000 km by 2050, entailing investments between USD10.8 billion and USD26.9 billion. For instance, a new onshore CO₂ pipeline planned in Belgium and the Netherlands aims to connect emissions clusters to North Sea storage hubs. Additionally, as infrastructure densifies, industrial gas providers are bundling CO₂ purification, compression, and handling services, thereby capturing margin and reinforcing customer lock-in.

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Understanding the Core Segments in the Europe Industrial Gases Market

Europe Industrial Gases Market Size, Share & Industry Trends Analysis - By Gas (Nitrogen, Oxygen, Carbon dioxide, Argon, Hydrogen, Helium, Acetylene, Others), By Application (Combustion and process oxygen, Welding and metal fabrication, Inerting blanketing and heat treating, Cryogenics and liquefaction, Chemical synthesis and hydrogenation, Purging and purifications, Analytical and calibration, By Supply Mode (Packaged Gas Supply (Merchant Sales), Bulk or Liquid Gas Supply, Onsite Generation or Pipeline Supply, Gas-as-a-Service Model, By End-User Industry (Oil and Gas, Petrochemicals and Chemicals, Power and Energy, Mining, Steelmaking, Metals, Healthcare, Food and Beverages, Fertilizers, Others), and others

Geographical Analysis of the Europe Industrial Gases Market

-By Region

Germany
United Kingdom (UK)
France
Italy
Belgium
Spain
Sweden
Netherlands
Rest of Europe

Who Dominates the Europe Industrial Gases Market Insights on Key Industry Players?

Companies are strengthening their presence in the Europe Industrial Gases market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

Linde plc
Air Liquide S.A.
Air Products and Chemicals, Inc.
Taiyo Nippon Sanso Corporation
Messer Group SE & Co. KGaA
Taiyo Nippon Sanso
Nippon Sanso Holdings Corporation
Iwatani Corporation
Air Water Inc.
SOL Group
Yingde Gases Group
Others

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