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PUBLISHER: Grand View Research | PRODUCT CODE: 2068139
PUBLISHER: Grand View Research | PRODUCT CODE: 2068139
U.S. Industrial Gases Market Size, Share & Trends Analysis Report By Product (Oxygen, Nitrogen, Carbon Dioxide), By Application (Healthcare, Manufacturing, Food & Beverages, Chemical & Energy), And Segment Forecasts, 2026 - 2033
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PAGES: 70 Pages
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U.S. Industrial Gases Market Summary
The U.S. industrial gases market size was valued at USD 12.8 billion in 2025 and is expected to reach USD 24.2 billion by 2033, growing at a CAGR of 8.5% from 2026 to 2033. The market is primarily driven by the presence of strong manufacturing and high-tech sectors, especially semiconductors, electronics, aerospace, and chemicals.
Nitrogen, argon, and specialty gases are essential for precision manufacturing, including chip fabrication and metal processing. Increased domestic semiconductor production, supported by policies such as the CHIPS and Science Act, is raising demand for ultra-high-purity gases used in cleanroom environments and wafer processing. The accelerating transition toward clean energy and low-carbon industrial processes, which is boosting demand for hydrogen and carbon capture-related gases, is also driving the market.
Investments in hydrogen infrastructure, refining, and mobility applications are creating new demand streams for industrial gas suppliers. For instance, in October 2023, the U.S. Department of Energy announced USD 7 billion in funding for regional hydrogen hubs to scale clean hydrogen production and usage across industries, reinforcing long-term growth opportunities in the market.
The expansion of the healthcare and medical ecosystem, particularly due to rising chronic diseases and an aging population, is another key factor driving market growth. Industrial gases such as medical oxygen and nitrous oxide are essential for respiratory therapy, anesthesia, and critical care, making them indispensable in hospitals and home healthcare settings. According to the U.S. health expenditure estimates, healthcare spending in the country reached USD 5.3 trillion in 2024, reflecting strong and sustained demand for medical infrastructure and related consumables, including gases.
U.S. Industrial Gases Market Report Segmentation
This report forecasts volume and revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. industrial gases market report based on product and application:
- Product Outlook (Volume, Kilotons; Revenue, USD Million; 2021 - 2033)
- Oxygen
- Nitrogen
- Carbon Dioxide
- Mixtures
- Application Outlook (Volume, Kilotons; Revenue, USD Million; 2021 - 2033)
- Healthcare
- Manufacturing
- Metallurgy & Glass
- Food & Beverages
- Retail
- Chemicals & Energy
- Other Applications
Product Code: GVR-4-68040-158-4
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. Research Scope and Assumptions
Chapter 2. Executive Summary
- 2.1. Market Snapshot, 2025 (USD Million)
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. U.S. Industrial Gases Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Industrial Gases Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Manufacturing/Technology Trends
- 3.2.3. Sales Channel Analysis
- 3.3. Price Trend Analysis
- 3.3.1. Factors Influencing Prices
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.1.1. Semiconductor manufacturing demand growth
- 3.5.1.2. Clean energy hydrogen expansion
- 3.5.2. Market Restraint Analysis
- 3.5.2.1. High energy and production costs
- 3.5.2.2. Complex storage and transportation constraints
- 3.5.3. Market Opportunities Analysis
- 3.5.4. Market Challenges Analysis
- 3.5.1. Market Driver Analysis
- 3.6. Business Environment Analysis: U.S. Industrial Gases Market
- 3.6.1. Porter's Five Forces Analysis
- 3.6.2. Macro-environmental Analysis
Chapter 4. U.S. Industrial Gases Market: Product Estimates & Trend Analysis
- 4.1. U.S. Industrial Gases Market: Product Movement Analysis
- 4.2. Oxygen
- 4.2.1. U.S. Industrial Gases Market Estimates and Forecasts, By Oxygen, 2021 - 2033 (Kilotons) (USD Million)
- 4.3. Nitrogen
- 4.3.1. U.S. Industrial Gases Market Estimates and Forecasts, By Nitrogen, 2021 - 2033 (Kilotons) (USD Million)
- 4.4. Carbon Dioxide
- 4.4.1. U.S. Industrial Gases Market Estimates and Forecasts, By Carbon Dioxide, 2021 - 2033 (Kilotons) (USD Million)
- 4.5. Mixtures
- 4.5.1. U.S. Industrial Gases Market Estimates and Forecasts, By Mixtures, 2021 - 2033 (Kilotons) (USD Million)
Chapter 5. U.S. Industrial Gases Market: Application Estimates & Trend Analysis
- 5.1. U.S. Industrial Gases Market: Application Movement Analysis
- 5.2. Healthcare
- 5.2.1. U.S. Industrial Gases Market Estimates and Forecasts, In Healthcare, 2021 - 2033 (Kilotons) (USD Million)
- 5.3. Manufacturing
- 5.3.1. U.S. Industrial Gases Market Estimates and Forecasts, In Manufacturing, 2021 - 2033 (Kilotons) (USD Million)
- 5.4. Metallurgy & Glass
- 5.4.1. U.S. Industrial Gases Market Estimates and Forecasts, In Metallurgy & Glass, 2021 - 2033 (Kilotons) (USD Million)
- 5.5. Food & Beverages
- 5.5.1. U.S. Industrial Gases Market Estimates and Forecasts, In Food & Beverages, 2021 - 2033 (Kilotons) (USD Million)
- 5.6. Retail
- 5.6.1. U.S. Industrial Gases Market Estimates and Forecasts, In Retail, 2021 - 2033 (Kilotons) (USD Million)
- 5.7. Chemicals & Energy
- 5.7.1. U.S. Industrial Gases Market Estimates and Forecasts, In Chemical & Energy, 2021 - 2033 (Kilotons) (USD Million)
- 5.8. Other Applications
- 5.8.1. U.S. Industrial Gases Market Estimates and Forecasts, In Other Applications, 2021 - 2033 (Kilotons) (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis by Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Market Positioning Analysis, 2025
- 6.4. Company Heat Map Analysis
- 6.5. Strategy Mapping
- 6.6. Company Listing
- 6.6.1. Messer North America, Inc.
- 6.6.1.1. Participant's Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. Product Benchmarking
- 6.6.1.4. Recent Developments
- 6.6.2. Air Products and Chemicals, Inc.
- 6.6.2.1. Participant's Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. Product Benchmarking
- 6.6.2.4. Recent Developments
- 6.6.3. Linde PLC
- 6.6.3.1. Participant's Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. Product Benchmarking
- 6.6.3.4. Recent Developments
- 6.6.4. Air Liquide
- 6.6.4.1. Participant's Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. Product Benchmarking
- 6.6.4.4. Recent Developments
- 6.6.5. NIPPON SANSO MATHESON, INC.
- 6.6.5.1. Participant's Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. Product Benchmarking
- 6.6.5.4. Recent Developments
- 6.6.6. BASF
- 6.6.6.1. Participant's Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. Product Benchmarking
- 6.6.6.4. Recent Developments
- 6.6.7. MESA Specialty Gases & Equipment
- 6.6.7.1. Participant's Overview
- 6.6.7.2. Financial Performance
- 6.6.7.3. Product Benchmarking
- 6.6.7.4. Recent Developments
- 6.6.8. UNIVERSAL INDUSTRIAL GASES, LLC.
- 6.6.8.1. Participant's Overview
- 6.6.8.2. Financial Performance
- 6.6.8.3. Product Benchmarking
- 6.6.8.4. Recent Developments
- 6.6.1. Messer North America, Inc.
Product Code: GVR-4-68040-158-4
List of Tables
- Table 1 List of Key End Users
- Table 2 U.S. Industrial Gases Market Estimates and Forecast, by Product, 2021 - 2033 (Kilotons)
- Table 3 U.S. Industrial Gases Market Estimates and Forecast, by Product, 2021 - 2033 (USD Million)
- Table 4 U.S. Industrial Gases Market Estimates and Forecast, by Oxygen, 2021 - 2033 (Kilotons)
- Table 5 U.S. Industrial Gases Market Estimates and Forecasts by Oxygen, 2021 - 2033 (USD Million)
- Table 6 U.S. Industrial Gases Market Estimates and Forecast, by Nitrogen, 2021 - 2033 (Kilotons)
- Table 7 U.S. Industrial Gases Market Estimates and Forecast, by Nitrogen, 2021 - 2033 (USD Million)
- Table 8 U.S. Industrial Gases Market Estimates and Forecast, by Carbon Dioxide, 2021 - 2033 (Kilotons)
- Table 9 U.S. Industrial Gases Market Estimates and Forecast, by Carbon Dioxide, 2021 - 2033 (USD Million)
- Table 10 U.S. Industrial Gases Market Estimates and Forecast, by Mixtures, 2021 - 2033 (Kilotons)
- Table 11 U.S. Industrial Gases Market Estimates and Forecasts by Mixtures, 2021 - 2033 (USD Million)
- Table 12 U.S. Industrial Gases Market Estimates and Forecast, by Application, 2021 - 2033 (Kilotons)
- Table 13 U.S. Industrial Gases Market Estimates and Forecasts by Application, 2021 - 2033 (USD Million)
- Table 14 U.S. Industrial Gases Market Estimates and Forecast, by Healthcare, 2021 - 2033 (Kilotons)
- Table 15 U.S. Industrial Gases Market Estimates and Forecasts by Healthcare, 2021 - 2033 (USD Million)
- Table 16 U.S. Industrial Gases Market Estimates and Forecast, by Metallurgy & Glass, 2021 - 2033 (Kilotons)
- Table 17 U.S. Industrial Gases Market Estimates and Forecasts by Metallurgy & Glass, 2021 - 2033 (USD Million)
- Table 18 U.S. Industrial Gases Market Estimates and Forecast, by Food & Beverages, 2021 - 2033 (Kilotons)
- Table 19 U.S. Industrial Gases Market Estimates and Forecasts by Food & Beverages, 2021 - 2033 (USD Million)
- Table 20 U.S. Industrial Gases Market Estimates and Forecast, by Retail, 2021 - 2033 (Kilotons)
- Table 21 U.S. Industrial Gases Market Estimates and Forecasts by Retail, 2021 - 2033 (USD Million)
- Table 22 U.S. Industrial Gases Market Estimates and Forecast, by Chemicals & Energy, 2021 - 2033 (Kilotons)
- Table 23 U.S. Industrial Gases Market Estimates and Forecasts by Chemicals & Energy, 2021 - 2033 (USD Million)
- Table 24 U.S. Industrial Gases Market Estimates and Forecast, by Other Applications, 2021 - 2033 (Kilotons)
- Table 25 U.S. Industrial Gases Market Estimates and Forecasts by Other Applications, 2021 - 2033 (USD Million)
- Table 26 Participant's Overview
- Table 27 Financial Performance
- Table 28 Application Benchmarking
- Table 29 Recent Developments & Impact Analysis, By Key Market Participants
- Table 30 Company Heat Map Analysis
List of Figures
- Fig. 1 U.S. Industrial Gases Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 U.S. Industrial Gases Market, Outlook, 2025 (USD Million)
- Fig. 8 U.S. Industrial Gases Market, Segmental Outlook, 2025 (USD Million)
- Fig. 9 U.S. Industrial Gases Market Volume & Revenue, 2021 - 2033 (Tons) (USD Million)
- Fig. 10 U.S. Industrial Gases Market Value Chain Analysis
- Fig. 11 U.S. Industrial Gases Prices, 2021 - 2033 (USD/Kg)
- Fig. 12 U.S. Industrial Gases Market - Porter's Analysis
- Fig. 13 U.S. Industrial Gases Market - PESTEL analysis
- Fig. 14 U.S. Industrial Gases Market: Product Movement Analysis, 2025 & 2033
- Fig. 15 Oxygen Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 16 Nitrogen Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 17 Carbon Dioxide Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 18 Mixtures Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 19 U.S. Industrial Gases Market: Application Movement Analysis, 2025 & 2033
- Fig. 20 Healthcare Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 21 Manufacturing Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 22 Metallurgy & Glass Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 23 Food & Beverages Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 24 Retail Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 25 Chemical & Energy Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 26 Other Applications Market Estimates & Forecasts, 2021 - 2033 (Kilotons) (USD Million)
- Fig. 27 Key Company Categorization
- Fig. 28 Company Market Positioning
- Fig. 29 Strategy Mapping
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