Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Industrial Gases for Plastic & Rubber Industry Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Industrial Gases for Plastic & Rubber Industry Market Growth?
The market size of the industrial gases for plastic & rubber industry has seen consistent growth in recent years. It rose from $7.24 billion in 2024 to $7.57 billion in 2025, with a compound annual growth rate (CAGR) of 4.5%.
What Is the Predicted Industry Size and CAGR of the Industrial Gases for Plastic & Rubber Industry Market in 2029?
The market size for industrial gases in the plastic and rubber industry is projected to reach $9.98 billion by 2029. The compound annual growth rate (CAGR) during this period is forecasted at 7.1%.
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Which Factors Are Driving Growth in the Industrial Gases for Plastic & Rubber Industry Market?
The key Drivers in the industrial gases for plastic & rubber industry market are:
• Surge in infrastructural development activities
• Governments worldwide increasing their spending on infrastructure development
• Rising demand for rubber and plastic components in infrastructure activities
• Planned investments in major infrastructure and construction projects.
Which Segment Trends Are Covered in the Industrial Gases for Plastic & Rubber Industry Market Forecast?
The industrial gases for plastic & rubber industrymarket covered in this report is segmented –
1) By Gas Type: Nitrogen, Carbon Monoxide, Carbon Dioxide
2) By Storage And Distribution And Transportation: Cylinder And Packaged Gas Distribution, Merchant Liquid Distribution, Tonnage Distribution
3) By Process: Injection Molding, Extrusion, Foaming, Blow Molding
4) By End-Use: Plastic Industry, Rubber Industry
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What Are the Current Market Trends in the Industrial Gases for Plastic & Rubber Industry Industry?
The key trends in the industrial gases for plastic & rubber industry market are:
• The emergence of new technological solutions like cryogenic cleaning systems is a growing trend.
• Reduction of environmental impact in manufacturing processes is getting more focus.
• The industry is moving towards safer and efficient methods over traditional techniques.
• Advanced cleaning systems are being developed to offer superior performance while minimizing environmental impact.
Who are the Key Companies in the Industrial Gases for Plastic & Rubber Industry Market?
The key players in the industrial gases for plastic & rubber industry market are:
• Air Products and Chemicals Inc.
• Airgas Inc.
• Messer Group
• Praxair Inc.
• Taiyo Nippon Sanso Corp.
• The Linde Group
• Universal Industrial Gases Inc.
• Yingde Gases Group Co. Ltd.
• Reliance Industries Limited
• Bharat Petroleum
• Gulf Cryo
• Rotarex
• Air Liquide S.A.
• Air Water Inc.
• Airtec Gases LLC
• Buzwair Industrial Gases Factories
• Chemours Company
• Cryogenic Gases Inc.
• DOW Chemical Company
• Iwatani Corporation
• Matheson Tri-Gas Inc.
• Showa Denko K.K.
What are the Regional Trends Across the Industrial Gases for Plastic & Rubber Industry Market?
Asia-Pacific was the largest region in the industrial gases for plastic & rubber industry market in 2024
