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The Indonesia industrial gases market attained a value of nearly USD 7.30 billion in 2021. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 5.1% to reach about USD 9.87 billion by 2027.
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The rising demand for industrial gases in the automotive industry are driving the growth of the market. The extensive utilisation of industrial gases such as xenon, nitrogen, and argon in headlamps and indicator lamps of automobiles is bolstering the growth of the market. As speciality gas mixtures are used to cut sheet metal for doors and the car body, the market is witnessing robust growth. Automotive air conditioning heat exchangers are increasingly assembled using a brazing process done in a controlled nitrogen or hydrogen atmosphere, which is bolstering the growth of the industrial gases industry. With the rising demand for enhanced safety in vehicles, airbags are one of the most crucial components of active safety systems. This, in turn, is surging the use of high-pressure argon and other rare gases to enable bag inflation at ultra-high-speed, hence invigorating the growth of the market.
Industrial gases are gases that are composed of elements, molecular compounds, or mixtures and are produced in large quantities for industrial use. Oxygen, nitrogen, hydrogen carbon dioxide, and noble gases such as argon, neon, krypton, and xenon are some of the most common types of gases used for industrial applications. These gases are produced and supplied in both gaseous and liquid forms. Cylinders and pipelines are typically used to transport these gases. Additionally, industrial gases are used in various industries, such as oil and gas, petroleum, metals, power, pharmaceuticals, mining, and nuclear power, among others.
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The major types of industrial gases are:
The market can be broadly categorised on the basis of applications into:
On the basis of supply mode, the market can be classified into:
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The market for industrial gases in Indonesia is being propelled by rapid industrialisation owing to the introduction of various favourable initiatives in the region. Hence, the wide applications of industrial gases in major end-use industries such as manufacturing, pharmaceuticals, and food and beverages, among others, is driving the market growth. With the robust growth of the healthcare sector and the increasing attempts by the Indonesian government to bolster the accessibility of healthcare, the demand for industrial gases like oxygen is significantly surging.
Advancements in packaging technologies like rapid surface chilling technology are boosting the demand for industrial gases for processing, packaging, and preservation applications. The growing expenditure on research and development (R&D) activities and rapid technological advancements, especially in the chemical and metallurgy industries, are fuelling the market growth of industrial gases. Moreover, the growing penetration of the leading companies in the region is anticipated to provide further impetus to the growth of the industrial gases industry in the forecast period.
The report presents a detailed analysis of the following key players in the Indonesia industrial gases market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Application |
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Breakup by Supply Mode |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Indonesia industrial gases market is projected to grow at a CAGR of 5.1% between 2024 and 2032.
The market is being aided by the rising demand for industrial gases in the automotive industry, the growing demand for vehicles with enhanced safety, and the extensive use of speciality gas mixtures in the manufacturing of automobiles.
The market is projected to be propelled by rapid industrialisation, the extensive end uses of industrial gases, and advancements in packaging technologies.
The major types of industrial gases in the market are nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium, and rare gases, among others.
Manufacturing, metallurgy, energy, chemicals, healthcare, electronics, and food and beverages, among others, are the various applications of industrial gases in the market.
The significant supply modes of industrial gases are packaged, bulk, and on-site.
The major players in the industry are L’Air Liquide S.A. (Air Liquide), Linde plc, Pt. Tira Austenite Tbk, PT Aneka Gas Industri Tbk, and Air Products and Chemicals, Inc., among others
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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