Industrial Gases for Plastic and Rubber Industry Market Trends, Size & Forecast by 2034

Industrial Gases for Plastic and Rubber Industry Market Size and Forecasts (2021 - 2034), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage : by Gas Type (Nitrogen, Carbon Monoxide, Carbon Dioxide); Storage and Distribution (Cylinder and Packaged Gas, Merchant Liquid Distribution, Tonnage Distribution); Process (Injection Molding, extrusion, Foaming, Blow Molding); End Use (Plastics and Polymers, Rubber); and Geography (North America, Europe, Asia Pacific, and South and Central America)

Historic Data: 2021-2024 | Base Year: 2025 | Forecast Period: 2026-2034
  • Status : Data Released
  • Report Code : TIPRE00039883
  • Category : Chemicals and Materials
  • No. of Pages : 150
  • Available Report Formats : pdf-format excel-format
  • Last update date : April 17, 2026
Industrial Gases for Plastic and Rubber Industry Market Trends, Size & Forecast by 2034
Report Date: April 17, 2026   |   Report Code: TIPRE00039883 Email: sales@theinsightpartners.com

2025 Market Size

US$ 7.46 Bn

Base year value

2034 Forecast

US$ 14.3 Bn

Projected by 2034

CAGR 2026-2034

7.50 %

Growth rate

Addressable Market

US$ 98.08 Bn

(2026-2034)

The global industrial gases for plastic and rubber industry market size is projected to reach US$ 14.3 billion by 2034 from US$ 7.46 billion in 2025. The market is anticipated to register a CAGR of 7.50% during the forecast period 2026-2034.

The industrial gases for plastic and rubber industry market report is segmented by Gas Type (Nitrogen, Carbon Monoxide, and Carbon Dioxide), Storage and Distribution (Cylinder and Packaged Gas, Merchant Liquid Distribution, and Tonnage Distribution), Process (Injection Molding, extrusion, Foaming, and Blow Molding), and End Use (Plastics and Polymers, Rubber). The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Industrial Gases for Plastic and Rubber Industry Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Industrial Gases for Plastic and Rubber Industry Market Segmentation

Gas Type

  • Nitrogen
  • Carbon Monoxide
  • Carbon Dioxide

Storage and Distribution

  • Cylinder and Packaged Gas
  • Merchant Liquid Distribution
  • Tonnage Distribution

Process

  • Injection Molding
  • extrusion
  • Foaming
  • Blow Molding

End Use

  • Plastics and Polymers
  • Rubber

Market Research Highlights

  • Global market for Industrial Gases for Plastic and Rubber Industry was valued at US$ 7.46 Billion in 2025
  • Annual market size is expected to reach US$ 14.30 Billion by 2034
  • Total addressable market (TAM) during 2026-2034 is projected to reach approximately US$ 98.08 Billion
  • Market is anticipated to register a CAGR of 7.5% during the forecast period
  • The United States represents a key market, supported by Demand for Efficient Production Processes, Growing Adoption of Sustainable Practices, Expanding Packaging and Automotive Applications, as well as evolving industry dynamics
  • Market analysis covers North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa, with growth evaluated across the forecast period
  • Market opportunities such as Growth in Emerging Economies, Advancements in Plastic Recycling Technologies, Increasing Demand for Specialty Gases are expected to influence market dynamics and addressable market
  • Report profiles industry participants, including The Linde Group, Air Liquide S.A., Praxair Inc., Air Products and Chemicals Inc, Airgas Inc, Universal Industrial Gases Inc., Messer Group, Taiyo Nippon Sanso Corp., Novomer Inc., Yingde Gases Group Co. Ltd., while analyzing competitive strategies and innovation developments
  • Source: The Insight Partners' analysis based on proprietary research, government publications, company annual reports, investor presentations, industry databases, and expert interviews.

● REPORT CUSTOMIZATION

Tailor This Report To Align With Your Specific Business Requirements

This report can be customized to align precisely with your business objectives, scope, and target markets. Customization options include tailored segmentation, geography, competitive analysis, and strategic insights to support informed decision-making.

Customize This Report →

WHAT YOU CAN ADJUST

  • Segmentations
  • Geography
  • Competitive Analysis
  • Language Preferences

Industrial Gases for Plastic and Rubber Industry Market: Strategic Insights

industrial-gases-for-plastic-and-rubber-industry-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Industrial Gases for Plastic and Rubber Industry Market Growth Drivers

  • Demand for Efficient Production Processes: The plastic and rubber industries rely on industrial gases like nitrogen, oxygen, and carbon dioxide to enhance manufacturing processes such as polymerization and molding. These gases help optimize production efficiency, improve product quality, and reduce waste. As the need for faster and more cost-effective production grows, the demand for industrial gases in these sectors increases.
  • Growing Adoption of Sustainable Practices: Sustainability concerns are driving the use of industrial gases in the plastic and rubber industries. Gases like carbon dioxide are increasingly used for innovative processes, such as foaming agents and plastic recycling. As industries seek eco-friendly solutions to reduce their carbon footprint, the demand for sustainable gas-based technologies is boosting the market for industrial gases in these sectors.
  • Expanding Packaging and Automotive Applications: Industrial gases are increasingly used in the plastic and rubber industries for applications in packaging, automotive, and consumer goods manufacturing. Gases like nitrogen and carbon dioxide support processes such as blow molding and extrusion. As these industries continue to grow, the need for specialized gases in the production of high-quality, durable plastic and rubber products rises.

Industrial Gases for Plastic and Rubber Industry Market Future Trends

  • Shift Toward Gas-Based Manufacturing Innovations: There is a growing trend of adopting gas-based technologies in the plastic and rubber industries, such as gas-assisted injection molding and supercritical fluid processing. These technologies help improve product design, reduce energy consumption, and increase material efficiency. As innovation in gas-based manufacturing processes continues, industries are embracing these techniques to stay competitive and sustainable.
  • Integration of Recycling Processes: As part of the circular economy trend, recycling plastics and rubber products using industrial gases is becoming more common. Gases like carbon dioxide are used in advanced recycling methods to break down waste materials into reusable forms. This trend is gaining traction due to growing regulatory pressure and consumer demand for sustainable, recyclable products, expanding the industrial gases market.
  • Customization of Gas Mixtures for Specific Applications: There is an increasing trend towards customizing industrial gas mixtures for specific processes in the plastic and rubber industries. Gases such as nitrogen, oxygen, and carbon dioxide are tailored to optimize properties like hardness, flexibility, or strength in rubber and plastic products. This trend is helping manufacturers meet evolving demands for high-performance materials in automotive, packaging, and consumer goods.

Industrial Gases for Plastic and Rubber Industry Market Opportunities

  • Growth in Emerging Economies: Emerging economies, especially in Asia-Pacific, offer significant growth opportunities for the industrial gases market in the plastic and rubber industries. Rapid industrialization, expanding manufacturing capabilities, and growing demand for consumer goods and automotive products in these regions are driving the need for industrial gases. This growing demand presents an opportunity for market expansion and new applications in these emerging markets.
  • Advancements in Plastic Recycling Technologies: Advancements in plastic recycling technologies offer a promising opportunity for industrial gases. With the increased focus on reducing plastic waste, gases such as CO2 are used in innovative recycling processes like chemical recycling and supercritical CO2 extraction. This opens up new avenues for industrial gas suppliers to provide solutions to meet the growing recycling demands of the plastic and rubber industries.
  • Increasing Demand for Specialty Gases: The rising complexity of applications in the plastic and rubber industries is driving demand for specialty gases, such as ultra-high purity nitrogen or specific mixtures of gases for unique manufacturing processes. As product requirements evolve for applications in high-performance sectors like automotive and medical devices, there is a growing opportunity for industrial gas suppliers to provide specialized solutions tailored to these advanced needs.

Industrial Gases for Plastic and Rubber Industry Market Report Scope

Report Attribute Details
Market size in 2025 US$ 7.46 Billion
Market Size by 2034 US$ 14.3 Billion
Global CAGR (2026 - 2034) 7.50%
Historical Data 2021-2024
Forecast period 2026-2034
Segments Covered By Gas Type
  • Nitrogen
  • Carbon Monoxide
  • Carbon Dioxide
By Storage and Distribution
  • Cylinder and Packaged Gas
  • Merchant Liquid Distribution
  • Tonnage Distribution
By Process
  • Injection Molding
  • extrusion
  • Foaming
  • Blow Molding
By End Use
  • Plastics and Polymers
  • Rubber
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • The Linde Group
  • Air Liquide S.A.
  • Praxair Inc.
  • Air Products and Chemicals Inc
  • Airgas Inc
  • Universal Industrial Gases Inc.
  • Messer Group
  • Taiyo Nippon Sanso Corp.
  • Novomer Inc.
  • Yingde Gases Group Co. Ltd.

Industrial Gases for Plastic and Rubber Industry Market Players Density: Understanding Its Impact on Business Dynamics

The Industrial Gases for Plastic and Rubber Industry Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

industrial-gases-for-plastic-and-rubber-industry-market-cagr

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Industrial Gases for Plastic and Rubber Industry Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Industrial Gases for Plastic and Rubber Industry Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


Frequently Asked Questions

The industrial gases for plastic and rubber industry market is growing at a CAGR of 7.49% from 2026 to 2034

Demand for efficient production processes are driving the market growth.

The Linde Group, Air Liquide S.A., Praxair Inc., Air Products and Chemicals Inc, Airgas Inc, Universal Industrial Gases Inc., Messer Group, Taiyo Nippon Sanso Corp., Novomer Inc., and Yingde Gases Group Co. Ltd. are the key players operating in the industrial gases for plastic and rubber industry market.

Based on gas type, the nitrogen segment is expected to witness the fastest growth during the forecast period.

Based on geography, Asia Pacific held the largest share of the industrial gases for plastic and rubber industry market.

Shift toward gas-based manufacturing innovations is expected to be the key market trends.
Vrushali Bothare
Manager,
Market Research & Consulting
Vrushali is a senior consultant with over 7 years of experience in the Chemicals & Materials industry, with deep domain expertise across specialty chemicals. She holds a Bachelor's degree in Chemistry and a Master's degree in Management, enabling her to combine strong technical acumen with strategic business insight. Her experience spans multiple sectors, including chemicals, food & beverage, and consumer goods, with expertise in functional ingredients, renewable chemicals, feed, and agrochemicals. She has successfully supported clients through market expansion, business growth, and operational transformation initiatives. Vrushali is recognized for her strong capabilities in client conversion, stakeholder management, and leading high-performing teams. She has consistently driven operational efficiency and productivity improvements through a structured, results-oriented approach. Her ability to bridge technical expertise with commercial strategy enables her to deliver impactful solutions tailored to client needs across complex and evolving markets.
  • Comprehensive Market Sizing and Forecast Analysis
  • Detailed Segmentation Analysis
  • In-Depth Market Dynamics Assessment
  • Regional and Country-Level Insights
  • Competitive Landscape and Company Benchmarking
  • Strategic Business Intelligence

Testimonials

Reason to Buy

  • Informed Decision-Making
  • Understanding Market Dynamics
  • Competitive Analysis
  • Identifying Emerging Markets
  • Customer Insights
  • Market Forecasts
  • Risk Mitigation
  • Boosting Operational Efficiency
  • Strategic Planning
  • Investment Justification
  • Tracking Industry Innovations
  • Aligning with Regulatory Trends
Sales Assistance
US: +1-646-491-9876
UK: +44-20-8125-4005
DUNS Logo
ISO Certified Logo
GDPR
CCPA