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Report Overview

The Indonesia industrial gases market attained a value of nearly USD 7.30 Billion in 2024. The market is further estimated to grow in the forecast period of 2025-2034 at a CAGR of 5.10% to reach about USD 12.00 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

5.1%

2025-2034


Indonesia Industrial Gases Market Outlook

*this image is indicative*

Indonesia Industrial Gases Market

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Rising Applications of Industrial Gases in Automotive Industry Propelling the Market Growth in Indonesia

The rising demand for industrial gases in the automotive industry are driving the growth of the market. The extensive utilisation of industrial gases such as xenon, nitrogen, and argon in headlamps and indicator lamps of automobiles is bolstering the growth of the market. As speciality gas mixtures are used to cut sheet metal for doors and the car body, the market is witnessing robust growth. Automotive air conditioning heat exchangers are increasingly assembled using a brazing process done in a controlled nitrogen or hydrogen atmosphere, which is bolstering the growth of the industrial gases industry. With the rising demand for enhanced safety in vehicles, airbags are one of the most crucial components of active safety systems. This, in turn, is surging the use of high-pressure argon and other rare gases to enable bag inflation at ultra-high-speed, hence invigorating the growth of the market.

Industrial Gases: Market Segmentation

Industrial gases are gases that are composed of elements, molecular compounds, or mixtures and are produced in large quantities for industrial use. Oxygen, nitrogen, hydrogen carbon dioxide, and noble gases such as argon, neon, krypton, and xenon are some of the most common types of gases used for industrial applications. These gases are produced and supplied in both gaseous and liquid forms. Cylinders and pipelines are typically used to transport these gases. Additionally, industrial gases are used in various industries, such as oil and gas, petroleum, metals, power, pharmaceuticals, mining, and nuclear power, among others.

The major types of industrial gases are:

  • Nitrogen
  • Oxygen
  • Carbon Dioxide
  • Argon
  • Hydrogen
  • Helium
  • Rare Gases
  • Others

The market can be broadly categorised on the basis of applications into:

  • Manufacturing
  • Metallurgy
  • Energy
  • Chemicals
  • Healthcare
  • Electronics
  • Food and Beverages
  • Others

On the basis of supply mode, the market can be classified into:

  • Bulk
  • Packaged
  • On-Site

Indonesia Industrial Gases Market By Segment

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Extensive Applications in the End-Use Industries of Industrial Gases to Augment the Market Growth in Indonesia

The market for industrial gases in Indonesia is being propelled by rapid industrialisation owing to the introduction of various favourable initiatives in the region. Hence, the wide applications of industrial gases in major end-use industries such as manufacturing, pharmaceuticals, and food and beverages, among others, is driving the market growth. With the robust growth of the healthcare sector and the increasing attempts by the Indonesian government to bolster the accessibility of healthcare, the demand for industrial gases like oxygen is significantly surging.

Advancements in packaging technologies like rapid surface chilling technology are boosting the demand for industrial gases for processing, packaging, and preservation applications. The growing expenditure on research and development (R&D) activities and rapid technological advancements, especially in the chemical and metallurgy industries, are fuelling the market growth of industrial gases. Moreover, the growing penetration of the leading companies in the region is anticipated to provide further impetus to the growth of the industrial gases industry in the forecast period.

Indonesia Industrial Gases Market Report And Forecast

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Key Industry Players in the Indonesia Industrial Gases Market

The report presents a detailed analysis of the following key players in the Indonesia industrial gases market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • L’Air Liquide S.A. (Air Liquide)
  • Linde plc
  • Pt. Tira Austenite Tbk
  • PT Aneka Gas Industri Tbk
  • Air Products and Chemicals, Inc.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

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Indonesia Industrial Gases Market Report Snapshots

Indonesia Industrial Gases Market Size

Indonesia Industrial Gases Market Growth

Indonesia Industrial Gases Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Indonesia industrial gases market is projected to grow at a CAGR of 5.10% between 2025 and 2034.

The market is being aided by the rising demand for industrial gases in the automotive industry, the growing demand for vehicles with enhanced safety, and the extensive use of speciality gas mixtures in the manufacturing of automobiles.

The market is projected to be propelled by rapid industrialisation, the extensive end uses of industrial gases, and advancements in packaging technologies.

The major types of industrial gases in the market are nitrogen, oxygen, carbon dioxide, argon, hydrogen, helium, and rare gases, among others.

Manufacturing, metallurgy, energy, chemicals, healthcare, electronics, and food and beverages, among others, are the various applications of industrial gases in the market.

The significant supply modes of industrial gases are packaged, bulk, and on-site.

The major players in the industry are L’Air Liquide S.A. (Air Liquide), Linde plc, Pt. Tira Austenite Tbk, PT Aneka Gas Industri Tbk, and Air Products and Chemicals, Inc., among others

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Supply Mode
Breakup by Type
  • Nitrogen  
  • Oxygen
  • Carbon Dioxide 
  • Argon
  • Hydrogen  
  • Helium
  • Rare Gases
  • Others
Breakup by Application
  • Manufacturing
  • Metallurgy
  • Energy
  • Chemicals
  • Healthcare
  • Electronics
  • Food and Beverages
  • Others
Breakup by Supply Mode
  • Packaged    
  • Bulk  
  • On-Site
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • L’Air Liquide S.A. (Air Liquide)
  • Linde plc
  • Pt. Tira Austenite Tbk
  • PT Aneka Gas Industri Tbk
  • Air Products and Chemicals, Inc.
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

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