Industrial Gas for Plastic And Rubber Industry Market

By Gas Type;

Nitrogen, Carbon Monoxide and Carbon Dioxide

By Storage &

Distribution and Transportation; Cylinder & Packaged Gas Distribution, Merchant Liquid Distribution and Tonnage Distribution

By Process;

Injection Molding, Extrusion, Foaming and Blow Moulding

By End Use;

Plastic and Rubber

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn974857331 Published Date: September, 2025 Updated Date: October, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)5.2 %
Market Size (2024)USD 7,479.23 Million
Market Size (2031)USD 10,665.16 Million
Market ConcentrationMedium
Report Pages346
7,479.23
2024
10,665.16
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Gas Type
    2. Market Snapshot, By Storage & Distribution and Transportation
    3. Market Snapshot, By Process
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Industrial Gases for Plastic & Rubber Industry Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Plastic and Rubber Products

        2. Growing Focus on Lightweight and Sustainable Materials

        3. Technological Advancements in Processing Techniques

      2. Restraints
        1. High Cost of Industrial Gases

        2. Volatility in Raw Material Prices

        3. Energy Intensive Production Processes

      3. Opportunities
        1. Focus on Sustainability and Environmental Compliance

        2. Rising Adoption of Specialty Gases

        3. Expanding Applications in Additive Manufacturing

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Industrial Gas for Plastic And Rubber Industry Market, By Gas Type, 2021 - 2031 (USD Million)
      1. Nitrogen
      2. Carbon Monoxide
      3. Carbon Dioxide
    2. Industrial Gas for Plastic And Rubber Industry Market, By Storage & Distribution and Transportation, 2021 - 2031 (USD Million)
      1. Cylinder & Packaged Gas Distribution
      2. Merchant Liquid Distribution
      3. Tonnage Distribution
    3. Industrial Gas for Plastic And Rubber Industry Market, By Process, 2021 - 2031 (USD Million)
      1. Injection Molding
      2. Extrusion
      3. Foaming
      4. Blow Moulding
    4. Industrial Gas for Plastic And Rubber Industry Market, By End Use, 2021 - 2031 (USD Million)
      1. Plastic
      2. Rubber
    5. Industrial Gases for Plastic & Rubber Industry Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Linde plc
      2. Air Liquide S.A.
      3. Air Products & Chemicals, Inc.
      4. Messer Group GmbH
      5. Praxair
      6. Taiyo Nippon Sanso Corporation
      7. Universal Industrial Gases Inc.
      8. Yingde Gases Group Co. Ltd.
      9. Airgas, Inc.
      10. Gulf Cryo
      11. Cryogenic Gases Inc.
      12. NexAir LLC
      13. Rotarex
      14. Air Water Inc.
      15. Novomer Inc.
  7. Analyst Views
  8. Future Outlook of the Market