MarkNtel Advisors – Leading Market Research Company found UAE Industrial Gases Market is expected to reach 6.07% CAGR Growth By 2030.

This report provides a comprehensive analysis of the UAE Industrial Gases Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.

Comprehensive Analysis of the UAE Industrial Gases Market

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  - https://www.marknteladvisors.com/query/request-sample/uae-industrial-gases-market.html

Scope of the UAE Industrial Gases Market 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. The factors attributing to the surge in the demand for industrial gas in the UAE are the expanding application of carbon dioxide in the food & beverage sector, rising usage of oxygen in semi-conductor industries, and economic diversification & industrial expansion plans.

Traditionally, the UAE's economy has been reliant on the oil & Gas industries since the country has been one of the leading exporters of these commodities. As per the International Trade Administration (ITA), almost 30% of the country’s finances are covered by the oil & gas output. However, the recent geopolitical tensions between countries like Russia-Ukraine and Israel-Iran have led to a disruption in the supply chain and also resulted in oil price volatility. The fluctuation in the prices directly impacts the UAE's economy. As a result, the official authorities of the UAE are focusing on diversifying its economic resources by establishing new industrial zones.

Which prominent factor is expected to drive the UAE Industrial Gases Market during 2024-30?

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.

What are the different Segment Available in the UAE Industrial Gases Market?

By Type

• Nitrogen- Market Size & Forecast 2019-2030, Million Cubic Meters
• Oxygen- Market Size & Forecast 2019-2030, Million Cubic Meters
• Carbon dioxide- Market Size & Forecast 2019-2030, Million Cubic Meters
• Hydrogen- Market Size & Forecast 2019-2030, Million Cubic Meters
• Argon- Market Size & Forecast 2019-2030, Million Cubic Meters
• Acetylene- Market Size & Forecast 2019-2030, Million Cubic Meters
• Others (Helium, Methane, Ammonia, etc.) - Market Size & Forecast 2019-2030, Million Cubic Meters

By Supply Mode

• Packaged Cylinders- Market Size & Forecast 2019-2030, Million Cubic Meters
• Bulk Delivery- Market Size & Forecast 2019-2030, Million Cubic Meters
• Onsite Production- Market Size & Forecast 2019-2030, Million Cubic Meters
• Pipeline- Market Size & Forecast 2019-2030, Million Cubic Meters

By End User

• Healthcare- Market Size & Forecast 2019-2030, Million Cubic Meters
• Chemicals- Market Size & Forecast 2019-2030, Million Cubic Meters
• Electronics- Market Size & Forecast 2019-2030, Million Cubic Meters
• Food and Beverage- Market Size & Forecast 2019-2030, Million Cubic Meters
• Metallurgy- Market Size & Forecast 2019-2030, Million Cubic Meters
• Oil and Gas - Market Size & Forecast 2019-2030, Million Cubic Meters
• Energy- Market Size & Forecast 2019-2030, Million Cubic Meters
• Others- Market Size & Forecast 2019-2030, Million Cubic Meters

By Region

• Dubai
• Abu Dhabi & Al Ain
• Sharjah & Northern Emirates.

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Leading UAE Industrial Gases companies operating in the Market

• Air Products and 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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