The global specialty gases market is currently witnessing a strong growth. Specialty gases refer to various industrial gases that are rare or highly purified. They include noble gases, such as argon, helium, xenon and krypton; carbon gases, such as carbon dioxide, carbon monoxide and methane; halogen gases, such as chlorine and fluorine, along with oxygen and nitrogen. These gases are commonly used as support gases for liquid and gas chromatography, in Fourier Transform Infrared (FTIR) and non-dispersive infrared (NDIR) techniques through analyzers, detectors, mass spectrometers and chromatographs. They find extensive applications across various industries, including manufacturing, healthcare, electronics, research and analytics, aerospace, etc.

Rapid industrialization across the globe is one of the key factors driving the growth of the market. Specialty gases are commonly used in the chemical industry for eliminating or minimizing undesirable properties present in industrial gases and for various refining and processing functions. Furthermore, significant growth in the medical and healthcare sectors is another factor providing a boost to the market growth. For instance, compressed specialty gases are used for device sterilization and for providing contamination- and dust-free air to the patients. Additionally, widespread adoption of solar power systems is acting as another major growth-inducing factor. Silicon photovoltaic (PV) cells are processed using nitrogen, argon, silane, trichlorosilane, phosphoryl chloride and ammonia for enhanced energy-absorption, operational efficiency and cost-effectiveness. Other factors, including the increasing utilization of specialty gases to increase agricultural yield and extensive research and development (R&D) activities, are projected to drive the market further. Looking forward, IMARC Group expects the market to register a CAGR of around 6% during 2020-2025.

Breakup by Type:

  • High Purity Gases
  • Noble Gases
  • Carbon Gases
  • Halogen Gases
  • Others


Breakup by Element:

  • Argon
  • Nitrogen
  • Helium
  • Carbon Monoxide
  • Methane
  • Oxygen
  • Hydrogen
  • Others


Breakup by Application:

  • Manufacturing
  • Electronics
  • Healthcare
  • Academics
  • Others


Breakup by Packaging Type:

  • Packaged
  • Bulk and On-site


Breakup by Sales Type:

  • Captive
  • Merchant


Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa


Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Advanced Gas Technologies Inc., Advanced Specialty Gases Inc., Air Products and Chemicals Inc., Airgas, DowDuPont, Honeywell International Inc., Kanto Denka Kogyo Co. Ltd., Messer Group, Mitsui Chemicals, Norco, Nova Gas Technologies Inc., Praxair, Showa Denko K.K., Taiyo Nippon Sanso Corporation, The Linde Group, Welsco Inc., etc.

Key questions answered in this report:

  • How has the global specialty gases market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the element?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the packaging type?
  • What is the breakup of the market based on the sales type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global specialty gases market and who are the key players?
  • What is the degree of competition in the industry?