Green Industrial Gases Market Forecast Report 2025-2034, with Air Products & Chemicals, Linde, Air Liquide, Praxair, Chart Industries, BASF, Hygear, Plug Power, Ballard Power Systems, ITM Power & Nel - ResearchAndMarkets.com

The "Green Industrial Gases Market - A Global and Regional Analysis: Focus on Product, Application, and Country Analysis - Analysis and Forecast, 2025-2034" report has been added to ResearchAndMarkets.com's offering.

The Green Industrial Gases Market is witnessing robust growth as industries strive to reduce their carbon footprint and transition toward sustainable practices. Green industrial gases, including hydrogen, oxygen, nitrogen, and carbon dioxide, are produced using renewable energy sources or carbon capture methods, which make them environmentally friendly alternatives to conventional industrial gases. As the demand for clean energy and climate-conscious solutions increases, sectors such as energy, manufacturing, chemicals, and healthcare are increasingly relying on these green gases to meet stringent environmental regulations and sustainability goals.

The market is experiencing rapid adoption across key industries as they work to decarbonize operations, improve energy efficiency, and support the global push for net-zero emissions. By 2034, the market is poised for further growth, driven by advancements in production technologies, regulatory frameworks, and innovations in end-use applications. The demand for green hydrogen, in particular, is expected to skyrocket as the energy sector increasingly incorporates green gas technologies to support decarbonization.

A notable trend in the green industrial gases market is the growing adoption of hydrogen as a clean fuel alternative. Green hydrogen is expected to revolutionize the energy, transportation, and chemical sectors by providing a zero-emission alternative to fossil fuels. This trend is being propelled by technological advancements in hydrogen production, such as electrolysis powered by renewable energy, and government incentives aimed at decarbonization.

Market Dynamics

Green Industrial Gases Market Drivers

The primary driver of growth in the green industrial gases market is the global push towards net-zero emissions. Governments and industries are increasingly focusing on sustainable practices and green technologies to reduce their environmental impact. This shift is boosting the demand for green gases, particularly green hydrogen, as part of efforts to decarbonize sectors like transportation, energy, and manufacturing.

Green Industrial Gases Market Restraints

A key restraint in the green industrial gases market is the high cost of production, particularly for green hydrogen and other gases produced via renewable methods. While the long-term benefits of green gases are clear, the high initial capital investments and operational costs present significant barriers to widespread adoption, especially in price-sensitive regions and industries.

Green Industrial Gases Market Opportunities

The increasing focus on renewable energy and energy storage solutions presents a significant opportunity in the green industrial gases market. As industries seek to integrate green hydrogen into their energy systems, there is considerable potential for growth in the hydrogen production and storage sectors. Additionally, as carbon capture technologies improve, the market for green CO2 will also expand, driven by its utility in industries like chemical production and food preservation.

Key Players in the Green Industrial Gases Market include:

• Air Products & Chemicals
• Linde
• Air Liquide
• Praxair
• Chart Industries
• BASF
• Hygear
• Plug Power
• Ballard Power Systems
• ITM Power
• Nel ASA

Key Topics Covered:

1. Markets: Industry Outlook

1.1 Trends: Current and Future Impact Assessment

1.2 Stakeholder Analysis

1.3 Market Dynamics Overview

1.4 Regulatory & Policy Impact Analysis

1.5 Patent Analysis

1.6 Start-Up Landscape

1.7 Investment Landscape and R&D Trends

1.8 Future Outlook and Market Roadmap

1.9 Supply Chain Analysis

1.10 Value Chain Analysis

1.11 Global Pricing Analysis

1.12 Industry Attractiveness

1.13 Case Study

2. Green Industrial Gases Market (by Application)

2.1 Application Segmentation

2.2 Application Summary

2.3 Green Industrial Gases Market (by Application)

2.3.1 Power Generation

2.3.2 Industrial Manufacturing

2.3.3 Chemical Industry

2.3.4 Food & Beverage Industry

2.3.5 Electronics & Semiconductor Industry

2.3.6 Others

2.4 Green Industrial Gases Market (by End-Use Industry)

2.4.1 Energy & Utilities

2.4.2 Oil & Gas Refining

2.4.3 Chemicals & Petrochemicals

2.4.4 Agriculture & Fertilizers

2.4.5 Healthcare & Pharmaceuticals

2.4.6 Others

3. Green Industrial Gases Market (by Product)

3.1 Product Segmentation

3.2 Product Summary

3.3 Green Industrial Gases Market (by Type)

3.3.1 Green Hydrogen

3.3.2 Green Oxygen

3.3.3 Green Nitrogen

3.3.4 Green Carbon Dioxide (CO?)

3.3.5 Others

3.4 Green Industrial Gases Market (by Source of Production)

3.4.1 Electrolysis

3.4.2 Bio-based

3.4.3 Carbon Capture & Utilization

3.4.4 Water Splitting (Photocatalytic, Thermochemical)

3.4.5 Others

4. Green Industrial Gases Market (by Region)

5. Markets - Competitive Benchmarking & Company Profiles

5.1 Next Frontiers

5.2 Geographic Assessment

5.3 Company Profiles

• Air Products & Chemicals
• Linde
• Air Liquide
• Praxair Inc.
• Chart Industries
• BASF SE
• Hygear
• Plug Power Inc.
• Ballard Power Systems
• ITM Power
• Nel ASA
• Hexagon Purus
• Xebec Adsorption Inc.
• Hydrogenics (Cummins Inc.)
• Air Water Inc.

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