GCC Industrial Gases Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released an in-depth report on the GCC Industrial Gases Market. This publication offers a thorough assessment of essential market dynamics, including drivers, trends, opportunities, and challenges, providing valuable insights into the market structure.

Key Insights:

Industrial Gases Market Size (2024E): USD 2.3 Bn
Projected Market Value (2031F): USD 3.9 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 7.80%

Industrial Gases Market - Report Scope:

Industrial gases are vital for various industrial processes, including manufacturing, chemical production, and metal fabrication. These gases, such as oxygen, nitrogen, argon, and carbon dioxide, play a crucial role in enhancing operational efficiency, safety, and product quality across multiple sectors. The GCC Industrial Gases Market caters to industries including oil and gas, petrochemicals, metals and mining, and healthcare, offering a range of gas types and delivery systems to meet diverse needs.

Market Growth Drivers:

The GCC Industrial Gases Market is driven by several key factors, including the increasing demand for industrial gases across diverse sectors. The oil and gas industry's expansion, coupled with the growing need for enhanced manufacturing processes, significantly contributes to market growth. The region's emphasis on infrastructure development and industrialization further fuels demand for industrial gases. Additionally, technological advancements in gas production and distribution, such as the development of more efficient cryogenic storage and delivery systems, support market expansion.

Market Restraints:

Despite promising growth prospects, the GCC Industrial Gases Market faces challenges related to high operational costs and regulatory constraints. The production and distribution of industrial gases involve substantial capital investment and adherence to strict safety regulations, which can impact market entry and operational efficiency. Additionally, fluctuations in raw material prices and geopolitical factors affecting regional stability may pose risks to market stability and growth.

Market Opportunities:

The GCC Industrial Gases Market presents significant opportunities driven by technological innovations, increasing industrial activities, and evolving regulatory frameworks. The integration of advanced gas separation technologies and automation in gas distribution systems offers improved efficiency and cost-effectiveness. Furthermore, the growing focus on sustainable industrial practices and environmental regulations creates opportunities for the development and adoption of eco-friendly industrial gas solutions. Strategic investments in research and development, coupled with partnerships across various industries, are essential to leverage these opportunities and drive market growth.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the GCC Industrial Gases Market?
Which industrial sectors are leading the demand for industrial gases in the GCC region?
How are technological advancements shaping the competitive landscape of the GCC Industrial Gases Market?
Who are the key players in the GCC Industrial Gases Market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the GCC Industrial Gases Market?

Competitive Intelligence and Business Strategy:

Leading players in the GCC Industrial Gases Market, including Air Liquide S.A., Linde plc, and Praxair Technology, Inc., focus on innovation, product diversification, and strategic partnerships to maintain a competitive edge. These companies invest in technological advancements, such as state-of-the-art gas production and delivery systems, to cater to evolving market demands. Collaborations with key industrial players and adherence to regulatory standards facilitate market access and technology adoption. Emphasis on sustainability, efficiency, and customer-centric solutions fosters growth and enhances market position in the dynamic GCC Industrial Gases landscape.

Key Companies Profiled:

Air Liquide
The Linde Group
Air Products and Chemicals Inc.
Abdullah Hashim Industrial & Equipment Co. Ltd.
Praxair Inc.
Dubai Industrial Gases
Bristol Gases
Buzwair Industrial Gases Factory
National Industrial Gas Plants
Mohsin Haider Darwish LLC
Yateem Oxygen
Gulf Cryo

GCC Industrial Gases Market Segmentation

By Gas

Oxygen
Nitrogen
Hydrogen
Carbon Dioxide
Argon
Acetylene
Helium

By Application

Automotive & Aerospace
Chemicals/Petrochemicals
Energy, Oil & Gas
Food & Beverages
Medical & Healthcare
Metals & Metallurgy
Pharmaceuticals & Biotechnology
Pulp & Paper
Refining
Welding & Metal Fabrication

By Mode of Supply

Bulk
Packaged
On-site

By Country

Kingdom of Saudi Arabia (KSA)
United Arab Emirates (UAE)
Qatar
Kuwait
Oman
Bahrain

Product Code: PMRREP10864

1. Executive Summary

1.1. Market Outlook
1.2. PMR Analysis and Recommendations

2. Market Overview

2.1. Introduction
- 2.1.1. Market Taxonomy
- 2.1.2. Market Definition
- 2.1.3. Forecast Factor Analysis
2.2. Market Size and Forecast
- 2.2.1. Y-o-Y Growth
- 2.2.2. Absolute $ Opportunity

3. GCC Industrial Gases Market Snapshot

4. Pricing Analysis (2024)

5. Market Dynamics

5.1. Drivers
5.2. Drivers Impact Analysis
5.3. Challenges
5.4. Opportunity
5.5. Major Trends

6. GCC Industrial Gases Market Analysis and Forecast, By Application

6.1. Introduction
- 6.1.1. Market Size and Forecast, Volume KT
- 6.1.2. Market Size and Forecast, Value US$ Mn
6.2. GCC Industrial Gases Market Value Forecast and Absolute $ Opportunity By Application
- 6.2.1. Automotive & Aerospace
- 6.2.2. Chemicals/ Petrochemicals
- 6.2.3. Energy, Oil & Gas
- 6.2.4. Food & Beverages
- 6.2.5. Medical & Healthcare
- 6.2.6. Metals & Metallurgy
- 6.2.7. Other Industrial
- 6.2.8. Pharmaceutical & Biotechnology
- 6.2.9. Pulp & Paper
- 6.2.10. Refining
- 6.2.11. Welding & Metal Fabrication
6.3. Market Attractiveness Analysis By Application

7. GCC Industrial Gases Market Analysis and Forecast, by Gas Type

7.1. Introduction
- 7.1.1. Market Share & BPS Analysis, By Gas Type
- 7.1.2. Y-o-Y Growth Projections By Gas Type
- 7.1.3. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
7.2. Market Attractiveness Analysis By Gas Type

8. GCC Industrial Gases Market Analysis and Forecast, by Oxygen Gas

8.1. Introduction
- 8.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 8.1.2. Absolute $ Opportunity
- 8.1.3. Market Attractiveness Analysis
  - 8.1.3.1. By Application
  - 8.1.3.2. By Country
- 8.1.4. Market Share & BPS Analysis, By Application
- 8.1.5. Y-o-Y Growth Forecast, By Application
8.2. Absolute $ Opportunity, By Country
- 8.2.1. KSA
- 8.2.2. UAE
- 8.2.3. Qatar
- 8.2.4. Kuwait
- 8.2.5. Oman
- 8.2.6. Bahrain

9. GCC Industrial Gases Market Analysis and Forecast By Nitrogen Gas

9.1. Introduction
- 9.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 9.1.2. Absolute $ Opportunity
- 9.1.3. Market Attractiveness Analysis
  - 9.1.3.1. By Application
  - 9.1.3.2. By Country
- 9.1.4. Market Share & BPS Analysis, By Application
- 9.1.5. Y-o-Y Growth Forecast, By Application
9.2. Absolute $ Opportunity, By Country
- 9.2.1. KSA
- 9.2.2. UAE
- 9.2.3. Qatar
- 9.2.4. Kuwait
- 9.2.5. Oman
- 9.2.6. Bahrain

10. GCC Industrial Gases Market Analysis and Forecast By Hydrogen Gas

10.1. Introduction
- 10.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 10.1.2. Absolute $ Opportunity
- 10.1.3. Market Attractiveness Analysis
  - 10.1.3.1. By Application
  - 10.1.3.2. By Country
- 10.1.4. Market Share & BPS Analysis, By Application
- 10.1.5. Y-o-Y Growth Forecast, By Application
10.2. Absolute $ Opportunity, By Country
- 10.2.1. KSA
- 10.2.2. UAE
- 10.2.3. Qatar
- 10.2.4. Kuwait
- 10.2.5. Oman
- 10.2.6. Bahrain

11. GCC Industrial Gases Market Analysis and Forecast By Argon Gas

11.1. Introduction
- 11.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 11.1.2. Absolute $ Opportunity
- 11.1.3. Market Attractiveness Analysis
  - 11.1.3.1. By Application
  - 11.1.3.2. By Country
- 11.1.4. Market Share & BPS Analysis, By Application
- 11.1.5. Y-o-Y Growth Forecast, By Application
11.2. Absolute $ Opportunity, By Country
- 11.2.1. KSA
- 11.2.2. UAE
- 11.2.3. Qatar
- 11.2.4. Kuwait
- 11.2.5. Oman
- 11.2.6. Bahrain

12. GCC Industrial Gases Market Analysis and Forecast By Carbon Dioxide Gas

12.1. Introduction
- 12.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 12.1.2. Absolute $ Opportunity
- 12.1.3. Market Attractiveness Analysis
  - 12.1.3.1. By Application
  - 12.1.3.2. By Country
- 12.1.4. Market Share & BPS Analysis, By Application
- 12.1.5. Y-o-Y Growth Forecast, By Application
12.2. Absolute $ Opportunity, By Country
- 12.2.1. KSA
- 12.2.2. UAE
- 12.2.3. Qatar
- 12.2.4. Kuwait
- 12.2.5. Oman
- 12.2.6. Bahrain

13. GCC Industrial Gases Market Analysis and Forecast By Country

13.1. Introduction
- 13.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 13.1.2. Market Share & BPS Analysis, By Country
- 13.1.3. Y-o-Y Growth Forecast, By Country
13.2. Market Attractiveness Analysis, By Country

14. KSA Industrial Gases Market Analysis and Forecast

14.1. Introduction
- 14.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 14.1.2. Absolute $ Opportunity
- 14.1.3. Market Attractiveness Analysis
  - 14.1.3.1. By Application
  - 14.1.3.2. By Gas Type
- 14.1.4. Market Share & BPS Analysis, By Gas Type
- 14.1.5. Y-o-Y Growth Forecast, By Gas Type
14.2. Market Size and Forecast, Value (US$ Bn) and Volume (KT), By Gas Type

15. UAE Industrial Gases Market Analysis and Forecast

15.1. Introduction
- 15.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 15.1.2. Absolute $ Opportunity
- 15.1.3. Market Attractiveness Analysis
  - 15.1.3.1. By Application
  - 15.1.3.2. By Gas Type
- 15.1.4. Market Share & BPS Analysis, By Gas Type
- 15.1.5. Y-o-Y Growth Forecast, By Gas Type
15.2. Market Size and Forecast, Value (US$ Bn) and Volume (KT), By Gas Type

16. Qatar Industrial Gases Market Analysis and Forecast

16.1. Introduction
- 16.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 16.1.2. Absolute $ Opportunity
- 16.1.3. Market Attractiveness Analysis
  - 16.1.3.1. By Application
  - 16.1.3.2. By Gas Type
- 16.1.4. Market Share & BPS Analysis, By Gas Type
- 16.1.5. Y-o-Y Growth Forecast, By Gas Type
16.2. Market Size and Forecast, Value (US$ Bn) and Volume (KT), By Gas Type

17. Kuwait Industrial Gases Market Analysis and Forecast

17.1. Introduction
- 17.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 17.1.2. Absolute $ Opportunity
- 17.1.3. Market Attractiveness Analysis
  - 17.1.3.1. By Application
  - 17.1.3.2. By Gas Type
- 17.1.4. Market Share & BPS Analysis, By Gas Type
- 17.1.5. Y-o-Y Growth Forecast, By Gas Type
17.2. Market Size and Forecast, Value (US$ Bn) and Volume (KT), By Gas Type

18. Oman Industrial Gases Market Analysis and Forecast

18.1. Introduction
- 18.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 18.1.2. Absolute $ Opportunity
- 18.1.3. Market Attractiveness Analysis
  - 18.1.3.1. By Application
  - 18.1.3.2. By Gas Type
- 18.1.4. Market Share & BPS Analysis, By Gas Type
- 18.1.5. Y-o-Y Growth Forecast, By Gas Type
18.2. Market Size and Forecast, Value (US$ Bn) and Volume (KT), By Gas Type

19. Bahrain Industrial Gases Market Analysis and Forecast

19.1. Introduction
- 19.1.1. Market Size and Forecast, Value (US$ Bn) and Volume (KT)
- 19.1.2. Absolute $ Opportunity
- 19.1.3. Market Attractiveness Analysis
  - 19.1.3.1. By Application
  - 19.1.3.2. By Gas Type
- 19.1.4. Market Share & BPS Analysis, By Gas Type
- 19.1.5. Y-o-Y Growth Forecast, By Gas Type
19.2. Market Size and Forecast, Value (US$ Bn) and Volume (KT), By Gas Type

20. Competition Landscape

20.1. Competition Dashboard
20.2. Market Players Overview
20.3. Company Share Analysis, By Country
20.4. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments, Market Share Analysis)
- 20.4.1. Global Players
  - 20.4.1.1. Air Liquide
    - 20.4.1.1.1. Overview
    - 20.4.1.1.2. Financials
    - 20.4.1.1.3. Strategy
    - 20.4.1.1.4. Recent Developments
    - 20.4.1.1.5. Market Share Analysis
  - 20.4.1.2. Air Products and Chemicals Inc.
    - 20.4.1.2.1. Overview
    - 20.4.1.2.2. Financials
    - 20.4.1.2.3. Strategy
    - 20.4.1.2.4. Recent Developments
    - 20.4.1.2.5. Market Share Analysis
  - 20.4.1.3. Linde Plc
    - 20.4.1.3.1. Overview
    - 20.4.1.3.2. Financials
    - 20.4.1.3.3. Strategy
    - 20.4.1.3.4. Recent Developments
    - 20.4.1.3.5. Market Share Analysis
  - 20.4.1.4. Praxair Inc.
    - 20.4.1.4.1. Overview
    - 20.4.1.4.2. Financials
    - 20.4.1.4.3. Strategy
    - 20.4.1.4.4. Recent Developments
    - 20.4.1.4.5. Market Share Analysis
- 20.4.2. Regional Player
  - 20.4.2.1. Abdullah Hashim Industrial & Equipment Co. Ltd
    - 20.4.2.1.1. Overview
    - 20.4.2.1.2. Financials
    - 20.4.2.1.3. Strategy
    - 20.4.2.1.4. Recent Developments
    - 20.4.2.1.5. Market Share Analysis
  - 20.4.2.2. Bristol Gases
    - 20.4.2.2.1. Overview
    - 20.4.2.2.2. Financials
    - 20.4.2.2.3. Strategy
    - 20.4.2.2.4. Recent Developments
    - 20.4.2.2.5. Market Share Analysis
  - 20.4.2.3. Buzwair Industrial Gases factory
    - 20.4.2.3.1. Overview
    - 20.4.2.3.2. Financials
    - 20.4.2.3.3. Strategy
    - 20.4.2.3.4. Recent Developments
    - 20.4.2.3.5. Market Share Analysis
  - 20.4.2.4. Dubai Industrial Gases
    - 20.4.2.4.1. Overview
    - 20.4.2.4.2. Financials
    - 20.4.2.4.3. Strategy
    - 20.4.2.4.4. Recent Developments
    - 20.4.2.4.5. Market Share Analysis
  - 20.4.2.5. Gulf Cryo
    - 20.4.2.5.1. Overview
    - 20.4.2.5.2. Financials
    - 20.4.2.5.3. Strategy
    - 20.4.2.5.4. Recent Developments
    - 20.4.2.5.5. Market Share Analysis
  - 20.4.2.6. Mohsin Haider Darwish LLC
    - 20.4.2.6.1. Overview
    - 20.4.2.6.2. Financials
    - 20.4.2.6.3. Strategy
    - 20.4.2.6.4. Recent Developments
    - 20.4.2.6.5. Market Share Analysis
  - 20.4.2.7. National Industrial Gas Plants
    - 20.4.2.7.1. Overview
    - 20.4.2.7.2. Financials
    - 20.4.2.7.3. Strategy
    - 20.4.2.7.4. Recent Developments
    - 20.4.2.7.5. Market Share Analysis
  - 20.4.2.8. Yateem Oxygen
    - 20.4.2.8.1. Overview
    - 20.4.2.8.2. Financials
    - 20.4.2.8.3. Strategy
    - 20.4.2.8.4. Recent Developments
    - 20.4.2.8.5. Market Share Analysis