Posted 2/13/2024, 11:00:00 AM
Industrial Gases Market to See Steady Growth, Driven by Healthcare Demand and Food Preservation Needs
- Industrial Gases Market projected to reach $137.9 billion by 2028, growing at a CAGR of 5.5%
- Demand driven by growth in healthcare industry and medical applications of industrial gases
- Hydrogen is expected to be the third fastest growing gas after oxygen and nitrogen
- Food and beverages fastest growing end-use industry due to focus on food preservation and quality
- Europe third largest market due to opportunities in semiconductor industry under European Chips Act