Industrial Gas for Plastic And Rubber Industry Market
By Gas Type;
Nitrogen, Carbon Dioxide, Carbon Monoxide, and OthersBy Process;
Injection Molding, Extrusion, Foaming, and Blow MoldingBy Storage and Distribution;
Cylinder & Packaged Gas Distribution, Merchant Liquid Distribution, Tonnage Distribution, and OthersBy End User;
Automotive & Transportation, and ConstructionBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Industrial Gases for Plastic & Rubber Industry Market Overview
Industrial Gases for Plastic & Rubber Industry Market (USD Million)
Industrial Gases for Plastic & Rubber Industry Market was valued at USD 7,479.23 million in the year 2024. The size of this market is expected to increase to USD 10,665.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.
Industrial Gas for Plastic And Rubber Industry Market
*Market size in USD million
CAGR 5.2 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 5.2 % |
Market Size (2024) | USD 7,479.23 Million |
Market Size (2031) | USD 10,665.16 Million |
Market Concentration | Medium |
Report Pages | 346 |
Major Players
- The Linde Group
- Air Liquide S.A.
- Praxair Inc.
- Products and Chemicals Inc.
- Airgas Inc.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Industrial Gas for Plastic And Rubber Industry Market
Fragmented - Highly competitive market without dominant players
The Industrial Gases for Plastic & Rubber Industry Market is advancing steadily, driven by increased adoption of gas-assisted manufacturing technologies. Key gases like nitrogen, carbon dioxide, and hydrogen are being widely utilized in molding, extrusion, and foaming. A notable increase of over 8% in demand reflects the growing reliance on these gases for enhanced product performance and processing efficiency.
Technological Integration
The incorporation of industrial gases into manufacturing workflows is delivering substantial improvements in quality and efficiency. These gases help minimize defects, improve precision, and reduce material usage. The result is a 12% decline in waste, supported by the integration of advanced gas injection systems and automated control platforms that enhance production accuracy.
Environmental Benefits
With the growing emphasis on green manufacturing, industrial gases play a vital role in reducing emissions and improving sustainability. Their use in blanketing and purging operations limits oxidation, contributing to a 10% reduction in production-related waste. These processes also help preserve material integrity and extend product life cycles.
Future Adoption Trends
The industry is rapidly embracing gas-enabled technologies due to their versatile application scope and productivity benefits. Demand is projected to grow further, with gas usage expected to rise by 7%, spurred by the need for advanced plastic and rubber materials. Strategic investments in innovation and automation are paving the way for long-term growth in this sector.
Industrial Gases for Plastic & Rubber Industry Market Recent Developments
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In April 2022, Air Products completed the acquisition of Air Liquide’s industrial‑gases business in the UAE and Bahrain—covering liquid bulk, packaged, and specialty gases plus a CO₂ plant stake—strengthening its regional leadership.
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In January 2024, the Linde Group introduced a specialized gas mixture engineered to enhance rubber vulcanization quality, enabling manufacturers to achieve improved product uniformity and process control.
Industrial Gases for Plastic & Rubber Industry Market Segment Analysis
In this report, the Industrial Gases for Plastic & Rubber Industry Market has been segmented by Gas Type, Process, Storage and Distribution, End User and Geography.
Industrial Gases for Plastic & Rubber Industry Market, Segmentation by Gas Type
The Industrial Gases for Plastic & Rubber Industry Market has been segmented by Gas Type into Nitrogen, Carbon Dioxide, Carbon Monoxide and Others.
Nitrogen
Nitrogen plays a crucial role in the plastic and rubber industry, particularly in purging and blanketing applications during polymer processing. Its use helps in preventing oxidation and maintaining product integrity. Around 35% of industrial gas consumption in this sector is attributed to nitrogen due to its inert characteristics and cost-effectiveness in processing thermoplastics and elastomers.
Carbon Dioxide
Carbon dioxide is widely used in foam blowing processes and extrusion cooling for plastic and rubber manufacturing. It offers improved heat transfer efficiency and faster production cycles. Approximately 28% of gas usage in this industry stems from carbon dioxide due to its role in enhancing mold release and cycle times.
Carbon Monoxide
Carbon monoxide finds application in specialized synthesis processes, especially in the production of polymers such as polyurethane. Its demand is comparatively lower, contributing around 12% to the industrial gas use in this sector. Its function as a carbonylation agent in polymer chemistry underlines its niche but vital utility.
Others
This category includes gases like hydrogen and argon, which are used in advanced polymer processing and quality control applications. Collectively, these account for nearly 25% of gas utilization in the plastic and rubber industry, driven by the need for enhanced product quality, controlled atmospheres, and specialty material development.
Industrial Gases for Plastic & Rubber Industry Market, Segmentation by Process
The Industrial Gases for Plastic & Rubber Industry Market has been segmented by Process into Injection Molding, Extrusion, Foaming and Blow Molding.
Injection Molding
Injection molding benefits significantly from industrial gases like nitrogen, which helps in gas-assisted molding to improve product strength and reduce material usage. This process accounts for about 33% of gas consumption in the plastic and rubber sector due to its widespread use in manufacturing high-precision components with improved surface finish.
Extrusion
Extrusion involves continuous shaping of molten plastic, where gases such as carbon dioxide and nitrogen are utilized for cooling and purging. Approximately 27% of the industrial gas usage in this market is linked to extrusion, especially in the production of films, pipes, and profiles requiring dimensional accuracy and efficient throughput.
Foaming
Foaming applications rely on gases like carbon dioxide and nitrogen as physical blowing agents to create lightweight, durable plastic and rubber foams. Around 22% of the gas demand in this sector is driven by foaming processes, widely used in packaging, cushioning, and insulation materials.
Blow Molding
Blow molding processes use industrial gases to optimize mold cooling and improve product uniformity, especially in the production of bottles and hollow containers. This segment represents nearly 18% of gas utilization, with nitrogen and carbon dioxide playing a pivotal role in reducing cycle times and improving product quality.
Industrial Gases for Plastic & Rubber Industry Market, Segmentation by Storage and Distribution
The Industrial Gases for Plastic & Rubber Industry Market has been segmented by Storage and Distribution into Cylinder & Packaged Gas Distribution, Merchant Liquid Distribution, Tonnage Distribution, and Others.
Cylinder & Packaged Gas Distribution
Cylinder and packaged gas distribution is widely used for small to medium-scale plastic and rubber manufacturing operations. It offers flexibility and is ideal for applications requiring low-volume gas usage. This segment accounts for nearly 34% of the total gas distribution in the industry, especially in decentralized or contract manufacturing setups.
Merchant Liquid Distribution
Merchant liquid distribution caters to facilities with moderate gas demands and established storage infrastructure. It enables efficient supply of liquefied industrial gases such as nitrogen and carbon dioxide. Around 29% of industrial gas in this sector is distributed through this channel, offering a balance between supply consistency and operational scalability.
Tonnage Distribution
Tonnage distribution is primarily suited for large-scale plastic and rubber processing plants with high and continuous gas requirements. It involves on-site gas production or direct pipeline delivery. This segment contributes approximately 25% of gas delivery volume, supporting intensive applications such as extrusion and blow molding in bulk manufacturing environments.
Others
This category includes specialized storage and delivery modes such as mini-bulk systems and microbulk tanks, often used in niche or high-purity applications. Although less prevalent, these systems represent about 12% of the market due to their role in enhancing safety, purity control, and space optimization in advanced processing units.
Industrial Gases for Plastic & Rubber Industry Market, Segmentation by End User
The Industrial Gases for Plastic & Rubber Industry Market has been segmented byEnd User into Automotive and Transportation and Construction.
Automotive and Transportation
The automotive and transportation sector is a major consumer of industrial gases in plastic and rubber processing, particularly for producing lightweight components, fuel system parts, and interior materials. Gases like nitrogen and carbon dioxide are extensively used in injection molding and foaming processes. This segment contributes around 62% of the end-user demand due to the growing focus on fuel efficiency and high-performance vehicle materials.
Construction
The construction industry leverages industrial gases for manufacturing insulation materials, sealants, pipes, and other structural plastic and rubber products. Gases such as carbon dioxide and nitrogen enhance production processes like extrusion and foaming. This segment accounts for approximately 38% of the market, supported by the rising demand for durable and energy-efficient building materials.
Industrial Gases for Plastic & Rubber Industry Market, Segmentation by Geography
In this report, the Industrial Gases for Plastic & Rubber Industry Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Industrial Gases for Plastic & Rubber Industry Market Share (%), by Geographical Region
North America
North America holds a significant share of the industrial gases market for plastic and rubber due to its advanced manufacturing infrastructure and established automotive and construction sectors. The region accounts for nearly 28% of global demand, driven by high adoption of gas-assisted molding and stringent quality standards in production.
Europe
Europe contributes around 25% to the market, supported by robust environmental regulations and demand for energy-efficient materials. The region uses industrial gases extensively in recycled polymer processing and lightweight automotive components, with Germany, France, and Italy being key contributors.
Asia Pacific
Asia Pacific dominates the market with approximately 33% share, led by expanding manufacturing bases in China, India, and Southeast Asia. The surge in infrastructure development and automotive production fuels demand for gases in processes like extrusion and blow molding.
Middle East & Africa
The Middle East & Africa region is emerging steadily, accounting for about 7% of the market. Growth is supported by investments in industrial zones and rising use of plastic materials in construction and infrastructure projects across GCC countries and South Africa.
Latin America
Latin America represents nearly 7% of the market, with increasing adoption of industrial gases in the packaging and automotive sectors. Countries like Brazil and Mexico are driving demand through localized manufacturing expansion and rising infrastructure spending.
Industrial Gases for Plastic & Rubber Industry Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Industrial Gases for Plastic & Rubber Industry Market. These factors include; Market Drivers, Restraints and Opportunities Analysis
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints, and Opportunities Analysis
Drivers
- Increasing Demand for Plastic and Rubber Products
- Growing Focus on Lightweight and Sustainable Materials
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Technological Advancements in Processing Techniques - New high-speed extruders, gas-assisted injection molding, and precision foaming lines now rely on controlled flows of nitrogen, carbon dioxide, and argon to slash cycle times and cut scrap in plastic and rubber production.
Injecting nitrogen into mold cavities hollows out parts, trims weight, and delivers glossy, sink-free surfaces—an advantage for complex automotive trims, medical housings, and lightweight consumer goods.
Physical foaming with super-critical CO₂ replaces chemical blowing agents, creating finer cell structures and meeting sustainability targets for food packaging and insulation panels.
Because digital sensors track pressure and temperature in real time, processors can fine-tune gas dosage on the fly, turning industrial gases into a strategic lever for cost-efficient innovation rather than a mere utility.
Restraints
- High Cost of Industrial Gases
- Volatility in Raw Material Prices
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Energy Intensive Production Processes - Polymerization reactors, twin-screw extruders, and vulcanization presses draw immense power, making the sector energy-intensive and cost-sensitive; every added kilowatt directly affects margins.
Producing, liquefying, and compressing high-purity process gases adds another energy layer, so the total utility bill climbs steeply when nitrogen blanketing or cryogenic CO₂ is introduced.
Stricter carbon-emission rules push factories to retrofit furnaces, chillers, and compressors—capital outlays many small and mid-size converters struggle to fund.
Until cleaner power or lower-energy gas technologies scale up, the combination of volatile electricity prices and gas dependency will remain a brake on wider adoption in cost-conscious regions.
Opportunities
- Focus on Sustainability and Environmental Compliance
- Rising Adoption of Specialty Gases
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Expanding Applications in Additive Manufacturing - As additive manufacturing shifts from prototyping to series production, inert atmospheres of nitrogen or argon are indispensable for printing moisture-sensitive polymers and elastomers without oxidation or discoloration.
Powder-bed fusion and high-temperature extrusion need stable, oxygen-free chambers to preserve layer adhesion and mechanical strength in aerospace ducts, orthopedic implants, and custom gaskets.
After printing, chilled gas jets speed cooldown, while pressurized gas streams strip support material—shortening post-processing and boosting throughput for on-demand parts.
Gas suppliers offering purity-certified blends, flexible micro-bulk delivery, and IoT flow monitoring can lock in long-term supply contracts as 3 D printing pushes deeper into automotive, medical, and electronics supply chains.
Industrial Gases for Plastic & Rubber Industry Market Competitive Landscape Analysis
Key players in Industrial Gases for Plastic & Rubber Industry Market include:
- Air Liquide S.A.
- Linde plc
- Air Products and Chemicals, Inc.
- Messer Group GmbH
- Praxair Inc.
- Air Water Inc.
- Taiyo Nippon Sanso Corporation
- Universal Industrial Gases Inc.
- Yingde Gases Group
- Airgas, Inc.
- Gulf Cryo
- NexAir LLC
- Cryogenic Gases Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Glass Type
- Market Snapshot, By Process
- Market Snapshot, By Storage and Distribution
- Market Snapshot, By End User
- Market Snapshot, By Region
- Industrial Gases for Plastic & Rubber Industry Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing Demand for Plastic and Rubber Products
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Growing Focus on Lightweight and Sustainable Materials
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Technological Advancements in Processing Techniques
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- Restraints
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High Cost of Industrial Gases
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Volatility in Raw Material Prices
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Energy Intensive Production Processes
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- Opportunities
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Focus on Sustainability and Environmental Compliance
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Rising Adoption of Specialty Gases
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Expanding Applications in Additive Manufacturing
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Industrial Gases for Plastic & Rubber Industry Market, By Glass Type, 2021 - 2031 (USD Million)
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Nitrogen
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Carbon Dioxide
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Carbon Monoxide
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Others
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- Industrial Gases for Plastic & Rubber Industry Market, By Process, 2021 - 2031 (USD Million)
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Injection Molding
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Extrusion
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Foaming
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Blow Molding
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Industrial Gases for Plastic & Rubber Industry Market, By Storage and Distribution, 2021 - 2031 (USD Million)
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Cylinder & Packaged Gas Distribution
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Merchant Liquid Distribution
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Tonnage Distribution
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Others
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Industrial Gases for Plastic & Rubber Industry Market, By End User, 2021 - 2031 (USD Million)
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Automotive & Transportation
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Construction.
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- Industrial Gases for Plastic & Rubber Industry Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Industrial Gases for Plastic & Rubber Industry Market, By Glass Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Air Liquide S.A.
- Linde plc
- Air Products and Chemicals, Inc.
- Messer Group GmbH
- Praxair Inc.
- Air Water Inc.
- Taiyo Nippon Sanso Corporation
- Universal Industrial Gases Inc.
- Yingde Gases Group
- Airgas, Inc.
- Gulf Cryo
- NexAir LLC
- Cryogenic Gases Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market