UAE Industrial Gases Market Insight, Driving Factor, Primary Challenge, and Estimated Growth [2030]

This comprehensive UAE Industrial Gases Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

According to recent market analysis report, the UAE Industrial Gases Market size was valued at USD 872 million in 2023 and is expected to reach USD 1.31 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.07% during the forecast period, i.e., 2024-30.

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Driving Force Behind the Growth of the UAE Industrial Gases Market through 2030

Widespread Application in the Chemical Industries – The immense utilization of chemicals in a vast range of industries, like pharmaceuticals, Oil & Gas, Consumer Care, etc., has led to the development of several chemical manufacturing bases in the UAE. These chemical companies require a wide range of industrial gases to carry out the production of various complex compounds, thus driving market growth.

Moreover, the chemical industries play a major part in boosting the UAE's overall economic growth. The Industrial Development Bureau stated that the chemicals sector emerged as one of the largest manufacturing sectors and contributed to around 53% of the entire Abu Dhabi's GDP. Accordingly, to improve the financial position, the country's administrative authorities are ramping up chemical production. As per the government reform, the aim is to increase the chemical production capacity to 14.4 million tons per annum by 2025, which would continue to drive the need for industrial gases in the forthcoming years as well.

Market Segment Highlights:

By Type

Nitrogen
Oxygen
Carbon dioxide
Hydrogen
Argon
Acetylene
Others (Helium, Methane, Ammonia, etc.)

By Supply Mode

Packaged Cylinders
Bulk Delivery
Onsite Production
Pipeline

By End User

Healthcare
Chemicals
Electronics
Food and Beverage
Metallurgy
Oil and Gas
Energy
Others

The Oil & Gas industry captures a dominant market share in the UAE Industrial Gases Market. The oil & gas industries essentially need nitrogen since it helps in maintaining pressure, resulting in ensuring safety for onshore and onshore oil exploration. The oil wells need carbon dioxide since it helps ease the extraction of oil from bedrock, optimizing the oil yields. Thus, the usage of industrial gases within the oil & gas units to enhance oil recovery and improve safety is amplifying the UAE’s Industrial Gas market.

By Region

Dubai
Abu Dhabi & Al Ain
Sharjah & Northern Emirates

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UAE Industrial Gases Market Competition Analysis:

Some of the top UAE Industrial Gases companies operating in the market are Air Products & Chemicals, Inc., Linde Group, Gulf Cryo, Dubai Industrial Gases, ADNOC Gas, Brothers Gas, Atlas Copco, Emirates Industrial Gases Company L.L.C, Others.

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