Industrial Gas for Plastic And Rubber Industry Market
By Gas Type;
Nitrogen, Carbon Monoxide and Carbon DioxideBy Storage &
Distribution and Transportation; Cylinder & Packaged Gas Distribution, Merchant Liquid Distribution and Tonnage DistributionBy Process;
Injection Molding, Extrusion, Foaming and Blow MouldingBy End Use;
Plastic and RubberBy 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 |
|---|---|
| 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 finalized the acquisition of Air Liquide’s industrial gases business in the UAE and Bahrain. The deal includes liquid bulk, packaged, and specialty gases, along with a stake in a CO₂ production plant, reinforcing Air Products’ regional leadership and expanding its presence in the Middle East market.
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In January 2024, The Linde Group unveiled a new specialized gas mixture designed to improve the quality of rubber vulcanization. This innovation enables manufacturers to achieve greater product uniformity and enhanced process control, advancing efficiency in rubber production applications.
Industrial Gas for Plastic And Rubber Industry Market Segment Analysis
In this report, the Industrial Gas for Plastic And Rubber Industry Market has been segmented by Gas Type, Storage & Distribution and Transportation, Process, End Use and Geography.
Industrial Gas for Plastic And Rubber Industry Market, Segmentation by Gas Type
The market is categorized by Gas Type to align gas properties with polymer processing needs, quality control, and sustainability goals. Industrial buyers evaluate gases on purity grades, cost-to-benefit in yield, and equipment compatibility, with procurement strategies balancing captive supply and vendor partnerships. Across applications, suppliers emphasize process stability, defect reduction, and energy efficiency, helping converters meet tighter specifications and reduce rework and scrap.
NitrogenNitrogen is widely used as an inerting and blanketing gas to minimize oxidation, discoloration, and moisture-related defects in polymers. In molding and extrusion, nitrogen supports gas-assisted manufacturing that improves surface finish and dimensional stability while enabling lighter parts. Its role in purging lines, preventing thermal degradation, and stabilizing resin handling underpins consistent throughput and lower maintenance cycles for processors.
Carbon MonoxideCarbon Monoxide is selected for niche polymer chemistry and surface modification steps where reactive atmospheres are required under controlled conditions. It contributes to specialized synthesis pathways and can influence polymer chain architecture when used in advanced processes. Adoption centers on plants with robust safety systems, closed-loop handling, and stringent regulatory compliance for hazardous gases in high-value materials.
Carbon DioxideCarbon Dioxide is integral to physical foaming, offering a route to weight reduction and material savings in plastics and elastomers without halogenated blowing agents. Processors leverage CO2 for cell structure control, improved thermal insulation in foams, and potential cycle-time gains due to cooling effects. It is also used in dry ice blasting for tooling maintenance, supporting cleaner operations and surface quality in demanding applications.
Industrial Gas for Plastic And Rubber Industry Market, Segmentation by Storage & Distribution and Transportation
Gas supply strategies by Storage & Distribution and Transportation are matched to plant scale, consumption profiles, and uptime requirements. Buyers weigh total delivered cost, on-site logistics, and supply security against flexibility for demand peaks. Vendors differentiate via telemetry-enabled deliveries, quality assurance, and service-level agreements that minimize downtime in continuous processing lines.
Cylinder & Packaged Gas DistributionCylinder & Packaged Gas Distribution suits small to mid-scale operations, R&D labs, and specialized runs with varied gas mixes. It offers high flexibility and quick changeovers, with inventory managed through returnable packages and barcoded tracking. The model emphasizes availability and quality control for sporadic or pilot-scale polymer and rubber processes.
Merchant Liquid DistributionMerchant Liquid Distribution via tankers and on-site cryogenic storage supports medium-to-high consumption facilities seeking cost efficiency. Bulk deliveries reduce handling frequency and enable stable purity levels, while telemetry helps optimize replenishment scheduling. Plants favor this route when they require consistent flows for molding, extrusion, or foaming across multiple shifts.
Tonnage DistributionTonnage Distribution entails pipeline or on-site generation for very high-volume users integrating gases into base operations. It provides lowest unit costs, continuous supply, and tight process control for large integrated polymer complexes. Long-term contracts, capex-sharing models, and reliability guarantees are typical to align with multi-year production programs.
Industrial Gas for Plastic And Rubber Industry Market, Segmentation by Process
By Process, demand reflects how gases enhance part quality, efficiency, and sustainability across discrete and continuous manufacturing. Suppliers collaborate on application engineering to tune pressure, flow, and temperature profiles that mitigate defects and reduce material waste. Emphasis is on cycle-time optimization, surface aesthetics, and lightweighting without compromising mechanical performance.
Injection MoldingIn Injection Molding, gases enable gas-assisted molding to eliminate sink marks, reduce warpage, and create hollow sections for weight savings. Nitrogen is commonly used to maintain inert cavities and support consistent packing pressure. Process improvements translate to higher yield, reduced scrap, and better cosmetic finishes for automotive, consumer, and electronics parts.
ExtrusionIn Extrusion, controlled gas atmospheres stabilize melt flow, limit oxidation, and aid in purging and line changeovers. Gases help manage die lip deposits and improve surface uniformity, particularly in films, sheets, and profiles. The result is steady throughput and consistent dimensions with fewer interruptions and better downstream convertibility.
FoamingFoaming applications rely on gases—especially CO₂—for microcellular structures that cut density while preserving mechanical properties. Processors target material reduction and enhanced thermal/acoustic performance in packaging, construction, and footwear. Gas selection and dosing strategies determine cell size distribution, compressive strength, and overall product quality.
Blow MouldingIn Blow Moulding, gases improve parison control, cooling efficiency, and internal surface finish for bottles, containers, and technical parts. Proper gas management mitigates scuffing and wall-thickness variation, enhancing clarity and durability. Producers benefit from faster cycles and reduced post-processing, supporting cost competitiveness in high-volume packaging.
Industrial Gas for Plastic And Rubber Industry Market, Segmentation by End Use
End-market dynamics in Plastic and Rubber influence gas choice based on product performance, compliance, and cost structure. Converters emphasize defect prevention, lightweighting, and energy savings to meet customer and regulatory expectations. Collaboration with gas suppliers enables process audits, tailored supply modes, and operator training for sustained quality gains.
PlasticIn Plastic applications, gases support inert processing, foaming, and surface aesthetics across packaging, consumer goods, and automotive components. Producers leverage nitrogen and CO₂ to reduce oxidative defects and enable material savings without sacrificing functional performance. The focus remains on throughput stability, lower scrap, and consistent compliance with product standards.
RubberFor Rubber, gases aid in curing control, foam elastomer development, and quality preservation during compounding and molding. Controlled atmospheres minimize surface tack, improve dimensional accuracy, and support repeatable mechanical properties. Users prioritize process reliability and maintenance-friendly practices to manage tool life and reduce downtime.
Industrial Gas for Plastic And Rubber Industry Market, Segmentation by Geography
In this report, the Industrial Gas for Plastic And Rubber Industry Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America benefits from a mature base of plastics converters and tire producers with strong adoption of advanced gas applications. Emphasis on quality systems, automation, and ESG-aligned foaming supports premium products and compliance. Long-term contracts and bulk supply modes are common, with suppliers offering technical services to optimize cycle times and reduce scrap.
EuropeEurope is shaped by stringent environmental regulations and emphasis on resource efficiency in polymer processing. Demand favors CO₂-based foaming, nitrogen inerting, and closed-loop handling that align with circularity goals. Collaboration between equipment makers and gas providers advances process integration and energy-saving retrofits across diverse end markets.
Asia PacificAsia Pacific shows rapid capacity additions in injection molding, extrusion, and blow moulding for packaging, automotive, and consumer goods. Buyers focus on scalable supply, cost competitiveness, and operator training to lift yields as plants ramp. Growing interest in microcellular foaming and process automation supports step-change improvements in productivity and quality.
Middle East & AfricaMiddle East & Africa leverages proximity to petrochemical hubs and emerging downstream plastics investments. Adoption of bulk and tonnage supply formats is increasing alongside integrated sites seeking high reliability. Technical partnerships focus on defect mitigation, utilities efficiency, and skill development to meet export-grade specifications.
Latin AmericaLatin America features a mix of established processors and expanding regional converters requiring flexible supply models. Cylinder/packaged and merchant liquid distribution serve varied plant scales, while modernization drives quality consistency. Collaboration with vendors on process audits and maintenance practices supports competitiveness amid evolving regulatory and customer demands.
Industrial Gases for Plastic & Rubber Industry Market Forces
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 |
|---|---|---|---|---|---|
| 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
Industrial Gas for Plastic and Rubber Industry Market is expanding as the demand for high-quality gases used in the production, processing, and manufacturing of plastic and rubber products continues to grow. Companies are focusing on innovation and strategic collaborations to develop tailored gas solutions that enhance production efficiency and product quality. This growing demand is expected to drive market growth by 24% in the coming years.
Market Structure and Concentration
The industrial gas for the plastic and rubber industry market is characterized by a mix of global gas suppliers and specialized companies offering tailored gas solutions for manufacturing processes. Market concentration is increasing due to mergers and acquisitions, enabling companies to strengthen their technological capabilities and broaden their service offerings. This trend is projected to result in a 26% rise in market concentration over the next few years.
Brand and Channel Strategies
Leading players in the industrial gas for plastic and rubber industry market are adopting branding and distribution strategies to enhance their market presence. Many companies are forming strategic partnerships with plastic and rubber manufacturers to develop customized solutions. These brand strategies are expected to drive growth by 28% in market share over the next few years.
Innovation Drivers and Technological Advancements
Technological advancements in gas production, storage, and delivery systems are key drivers of innovation in the industrial gas for plastic and rubber industry market. Companies are investing in R&D to enhance gas purity, safety, and efficiency, while developing more sustainable alternatives. These technological advancements are expected to lead to a 30% growth in market size over the next few years.
Regional Momentum and Expansion
Regional expansion plays a significant role in the growth of the industrial gas for plastic and rubber industry market, particularly in North America, Europe, and Asia-Pacific, where demand for plastic and rubber products is increasing. Companies are focusing on expansion into emerging markets with growing manufacturing sectors. This regional momentum is expected to drive a 32% increase in market adoption in these regions.
Future Outlook
The future outlook for the industrial gas for plastic and rubber industry market is strong, driven by continuous innovation and the increasing demand for high-performance gases that improve production processes. As industries look to optimize operations and reduce environmental impact, the market is projected to grow by 35% in the coming years.
Key players in Industrial Gases for Plastic & Rubber Industry Market include:
- Linde plc
- Air Liquide S.A.
- Air Products & Chemicals, Inc.
- Messer Group GmbH
- Praxair
- Taiyo Nippon Sanso Corporation
- Universal Industrial Gases Inc.
- Yingde Gases Group Co. Ltd.
- Airgas, Inc.
- Gulf Cryo
- Cryogenic Gases Inc.
- NexAir LLC
- Rotarex
- Air Water Inc.
- Novomer Inc.
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- 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 Gas Type
- Market Snapshot, By Storage & Distribution and Transportation
- Market Snapshot, By Process
- Market Snapshot, By End-Use
- 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 Gas for Plastic And Rubber Industry Market, By Gas Type, 2021 - 2031 (USD Million)
- Nitrogen
- Carbon Monoxide
- Carbon Dioxide
- Industrial Gas for Plastic And Rubber Industry Market, By Storage & Distribution and Transportation, 2021 - 2031 (USD Million)
- Cylinder & Packaged Gas Distribution
- Merchant Liquid Distribution
- Tonnage Distribution
- Industrial Gas for Plastic And Rubber Industry Market, By Process, 2021 - 2031 (USD Million)
- Injection Molding
- Extrusion
- Foaming
- Blow Moulding
- Industrial Gas for Plastic And Rubber Industry Market, By End Use, 2021 - 2031 (USD Million)
- Plastic
- Rubber
- 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 Gas for Plastic And Rubber Industry Market, By Gas Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Linde plc
- Air Liquide S.A.
- Air Products & Chemicals, Inc.
- Messer Group GmbH
- Praxair
- Taiyo Nippon Sanso Corporation
- Universal Industrial Gases Inc.
- Yingde Gases Group Co. Ltd.
- Airgas, Inc.
- Gulf Cryo
- Cryogenic Gases Inc.
- NexAir LLC
- Rotarex
- Air Water Inc.
- Novomer Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market

