Report Overview

Australia Industrial Gases Market - Industry Trends & Forecast Report, 2030

Australia Industrial Gases Market size was estimated to be worth USD 2.21 billion in 2023. During the forecast period between 2024 and 2030, the Australia Industrial Gases Market size is projected to grow at a CAGR of 4.11%, reaching a value of USD 4.65 billion by 2030. Major growth factors for the Australia Industrial Gases Market include the flourishing manufacturing sector, including food & beverages, and machinery & equipment along with growing demand for alternative energy sources.

By volume, the Australia Industrial Gases Market size was estimated at 0.11 billion tons in 2023. During the forecast period between 2024 and 2030, the Australia Industrial Gases Market size is expected to expand at a CAGR of 4.95% reaching a volume of 0.24 billion tons by 2030.

Industrial Gases – Overview

Due to their unique qualities, industrial gasses are extremely pure gasses employed in industrial applications. Industrial gases include hydrogen, argon, helium, nitrogen, oxygen, and carbon dioxide. They are made commercially using a variety of techniques, including extraction from natural sources, chemical processes, and air separation. The manufacturing of these high-purity gasses, as well as their packaging and delivery, are all included in the industrial gas market. Industrial gasses are provided by pipelines, bulk liquid, or gas cylinders in either gaseous or liquid state.

Australia Industrial Gases Market

Growth Drivers

High Application of Industrial Gases in Healthcare Sector

Industrial gases, nitrogen, have a strong demand in the healthcare sector, which is driving the Australia Industrial Gases Market. Hospitals, healthcare institutions, and other medical environments employ a variety of gases; the most widely used ones are medical air, oxygen, carbon dioxide, nitrogen, and nitrous oxide. The most often utilized medical gas is oxygen. It is applied during operations and in trauma scenarios. It helps patients with a range of ailments, including respiratory disorders like pneumonia and asthma, as well as vulnerable populations like infants and the elderly. It is also typically utilized in bioreactors and incubators for medical research.

Challenges

Negative Environmental Impact of Industrial Gases

Industrial gases are derived from conventional fossil fuels, combustion of which will directly impact the atmosphere. When toxic gases accumulate in small areas, they can quickly replace oxygen, which increases the risk of asphyxiation and other health problems. Toxic gas can arise from specific uses, such as welding in industries, and improper storage procedures, including chemical breakdowns of a material kept in a tank. Such negative impacts may result in regulations on the use of industrial gases, limiting the growth of the Australia Industrial Gas Market.

Australia Industrial Gases Market

Segmental Coverage

Australia Industrial Gases Market – By Product Type

Based on product type, the Australia Industrial Gases Market is segmented into nitrogen, oxygen, carbon dioxide, hydrogen, ammonia, methane, propane, butane, and others (novel gases). The oxygen segment accounts for the highest market share. Oxygen is prominently used in steelmaking and other metal refining and fabrication processes, as well as for various medical purposes. It is well known that oxygen increases fuel's thermal efficiency. Therefore, using oxygen as an approach can help improve the energy yield from fuel. In industrial and municipal wastewater treatment plants and facilities, it is utilized to safeguard the environment.

Australia Industrial Gases Market – By Mode of Distribution

Based on the mode of distribution, the Australia Industrial Gases Market is segmented into tonnage, packaged, and bulk. The packaged segment holds the largest share in the Australia Industrial Gases Market. Most industrial gases are sold in gas cylinders. Cylinders enhance convenience and ease of transportation as well as storage and handling, which makes them the preferred mode of distribution in the industrial gas market. However, the bulk segment also covers substantial market growth, since many industries, such as the oil and gas sector, require high amounts of industrial gases.

Australia Industrial Gases Market – By End User

Based on end user, the Australia Industrial Gases Market is segmented into electronics, food & beverages, oil & gas, medical & pharmaceutical, automotive & transportation, energy & power, and others (chemical processing & refining, metal manufacturing, and fabrication). The food & beverages sector dominates the Australia Industrial Gasses Market by end user. Industrial gases, such as nitrogen and carbon dioxide, are significantly used in the frozen food market during the freezing and preservation processes. These gasses are also used in the packaging of a variety of food products, such as fruits and vegetables, meat and poultry, etc.

Competitive Landscape

Major players operating in the Australia Industrial Gases Market include Coregas, Linde plc, BASF SE, Air Products and Chemicals, Inc., SOL Spa, Air Liquide, and Kleenheat. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product Type

• Nitrogen

• Oxygen

• Carbon Dioxide

• Hydrogen

• Ammonia

• Methane

• Propane

• Butane

• Others (Nobel gases)

By Mode of Distribution

• Tonnage

• Packaged

• Bulk

By Application

• Packaging

• Coolant

• Cutting & Welding

• Laboratories

• Others (Air Separation, Cryogenic)

By End User

• Electronics

• Food & Beverages

• Oil & Gas

• Medical & Pharmaceutical

• Automotive & Transportation

• Energy & Power

• Others (Chemical Processing & Refining, Metal Manufacturing & Fabrication)

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. Australia Industrial Gases Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Expansion of the Mining and Construction Sectors
         2. Growing Need for Alternate Energy Sources
         3. Increasing Demand for Frozen and Stored Food
         4. Increasing Demand from the Healthcare Sector
      2. Restraints
         1. Environmental Regulations and Safety Issues
         2. Fluctuations in Raw Material Prices
         3. Competition from Imports
      3. Opportunity
         1. Technological Advancements
         2. Growing Demand of Clean Energy
         3. Increasing Awareness about Environment Protection
      4. Challenges
         1. Skilled Labor Shortage
         2. Aging Infrastructure in Australia, such as Gas Pipelines
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. Australia Industrial Gases Market: Marketing Strategies
5. Australia Industrial Gases Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
      2. By Volume (Billion Tons)
   2. Market Share & Forecast
      1. By Product Type
         1. Nitrogen
         2. Oxygen
         3. Carbon Dioxide
         4. Hydrogen
         5. Ammonia
         6. Methane
         7. Propane
         8. Butane
         9. Others (Nobel gases)
      2. By Mode of Distribution
         1. Tonnage
         2. Packaged
         3. Bulk
      3. By Application
         1. Packaging
         2. Coolant
         3. Cutting & Welding
         4. Laboratories
         5. Others (Air Separation, Cryogenic)
      4. By End User
         1. Electronics
         2. Food & Beverages
         3. Oil & Gas
         4. Medical & Pharmaceutical
         5. Automotive & Transportation
         6. Energy & Power
         7. Others (Chemical Processing & Refining, Metal Manufacturing & Fabrication)
6. Australia Industrial Gases Market: Import & Export
7. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. Australia Industrial Gases Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operation Channel Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Escalating Geopolitical Tensions on Australia Industrial Gases Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
   1. Coregas
   2. Linde plc
   3. BASF SE
   4. Air Products and Chemicals, Inc
   5. SOL Spa
   6. Air Liquide
   7. Kleenheat
   8. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
       1. Secondary Research
       2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

*Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

List of Figures

Figure 1       Australia Industrial Gases Market Segmentation              

Figure 2       Australia Industrial Gases Market Value Chain Analysis    

Figure 3       Company Market Share Analysis, 2023                                               

Figure 4       Australia Industrial Gases Market Size, By Value (USD Billion), 2019–2030

Figure 5       Australia Industrial Gases Market Size, By Volume (Billion Tons), 2019–2030

Figure 6       Australia Industrial Gases Market Share, By Product Type, By Value (USD Billion) 2019–2030

Figure 7       Australia Industrial Gases Market Share, By Product Type, By Volume (Billion Tons), 2019–2030

Figure 8       Australia Industrial Gases Market Share, By Mode of Distribution, By Value (USD Billion)2019–2030

Figure 9       Australia Industrial Gases Market Share, By Mode of Distribution, By Volume (Billion Tons), 2019–2030

Figure 10     Australia Industrial Gases Market Share, By Application, By Value (USD Billion), 2019–2030

Figure 11     Australia Industrial Gases Market Share, By Application, By Volume (Billion Tons), 2019–2030

Figure 10     Australia Industrial Gases Market Share, By End-User, By Value (USD Billion), 2019–2030

Figure 11     Australia Industrial Gases Market Share, By End-User, By Volume (Billion Tons), 2019–2030

List of Tables      

Table 1        Australia Industrial Gases Market Size, By Value (USD Billion), 2019–2030

Table 2        Australia Industrial Gases Market Size, By Volume (Billion Tons), 2019–2030

Table 3        Australia Industrial Gases Market Share, By Product Type, By Value (USD Billion) 2019–2030

Table 4        Australia Industrial Gases Market Share, By Product Type, By Volume (Billion Tons), 2019–2030

Table 5        Australia Industrial Gases Market Share, By Mode of Distribution, By Value (USD Billion)2019–2030

Table 6        Australia Industrial Gases Market Share, By Mode of Distribution, By Volume (Billion Tons), 2019–2030

Table 7        Australia Industrial Gases Market Share, By Application, By Value (USD Billion), 2019–2030

Table 8        Australia Industrial Gases Market Share, By Application, By Volume (Billion Tons), 2019–2030

Table 9        Australia Industrial Gases Market Share, By End-User, By Value (USD Billion), 2019–2030

Table 10      Australia Industrial Gases Market Share, By End-User, By Volume (Billion Tons), 2019–2030                    

Table 11      Coregas Company Overview               

Table 12      Coregas Financial Overview                

Table 13      Linde plc Company Overview              

Table 14      Linde plc Financial Overview               

Table 15      BASF SE Company Overview              

Table 16      BASF SE Financial Overview               

Table 17      Air Products and Chemicals, Inc Company Overview         

Table 18      Air Products and Chemicals, Inc Financial Overview         

Table 19      SOL Spa Company Overview              

Table 20      SOL Spa Financial Overview               

Table 21      Air Liquide Company Overview           

Table 22      Air Liquide Financial Overview            

Table 23      Kleenheat Company Overview            

Table 24      Kleenheat Financial Overview