UAE Industrial Gases Market Overview:
According to MarkNtel Advisors study 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.
Key Findings of the Study: UAE Industrial Gases market
The UAE Industrial Gases Market Opportunity:
Increasing Expansion of Semiconductor Companies – Semiconductors are made using industrial gases since nitrogen & oxygen help in shaping up their electrical properties. Therefore, the increasing requirement for semiconductors in a wide range of industries, like automotive & electronics is leading to their higher production, consequently ramping up the industrial gas demand.
Further, in recent years, the sales of smartphones & PCs in the UAE have increased significantly. As per the statistics by the Gulf Council Corporation (GCC), more than 5.38 million mobile phones were sold in the UAE during Q1 of 2021 and the shipments of smartphones in the UAE reached 1.1 million in 2022, which is an increase of about 7% compared to the previous year. Therefore, to cater to the growing demand for electronic products, several foreign manufacturers are establishing their units in the UAE. This would pose an opportunity for the industrial gas companies to supply different gases to these units, thus enlarging the market size.
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Scope of the UAE Industrial Gases Market Report Segmentation
-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
For more detailed information about the UAE Industrial Gases market report, click here – https://www.marknteladvisors.com/research-library/uae-industrial-gases-market.html
Geographical analysis:
-By Region
- Dubai
- Abu Dhabi & Al Ain
- Sharjah & Northern Emirates
The UAE Industrial Gases Industry Recent Development:
- 2024: ADNOC Gas announced an investment of around USD 13 billion to leverage AI and other digital technologies to upgrade their domestic production unit and improve industrial gas yield.
Current Landscape of UAE Industrial Gases Market
The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the UAE Industrial Gases market. The research report profiles major players, including
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- 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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