The Oceania Industrial Gases Market was valued at $5726.2 Million in 2025 and projected to reach to $7135.8 Million by 2030, representing a compound annual growth rate of 4.5%. Oceania's industrial gases market is positioned for steady growth through 2030, supported by sustained mining activity, particularly in Australia, and expanding construction projects across the region.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Oceania's industrial gases market is valued at USD 5,726.2 million in 2025, expanding to USD 7,135.8 million by 2030 at a CAGR of 4.5%, driven by robust demand across mining and construction sectors.
Australia's extensive mining operations for iron ore, coal, and precious metals drive significant demand for industrial gases including oxygen, nitrogen, and argon used in extraction and processing.
Rapid urbanization and infrastructure development across Australia and New Zealand fuel consumption of welding gases and specialty gases in construction applications and metal fabrication.
Oceania's geographic isolation creates unique supply chain dynamics, with local production facilities and import dependencies shaping market competition and pricing strategies across the region.
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Fastest Growing Segment | FOOD & BEVERAGES (End-Use Industry) |
| Forecast Period | 2025-2030 |
| Growth Rate | CAGR of 5.1% from 2025 to 2030 |
| Largest Segment | OXYGEN (Type) |
| Market Size Base Year (Billions) | ~USD 98.67 (2025) |
| Revenue Forecast (Billions) | ~USD 126.53 (2030) |
| Segments Covered | Type, End-Use Industry |
2 segment dimensions are covered across the global market.
| Segment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|
| CHEMICALS | 843.2 | 880.6 | 919.5 | 959.9 | 1002 | 1045.8 | 1091.3 | 4.4 |
| ELECTRONICS | 388.3 | 408.1 | 429 | 451 | 474.1 | 498.4 | 523.9 | 5.1 |
| FOOD & BEVERAGES | 723.9 | 762.4 | 803 | 845.7 | 890.7 | 938.1 | 988 | 5.3 |
| HEALTHCARE | 798 | 835.6 | 875.1 | 916.4 | 959.6 | 1004.9 | 1052.4 | 4.7 |
| MANUFACTURING | 603 | 630.2 | 658.7 | 688.5 | 719.6 | 752.2 | 786.1 | 4.5 |
| METALLURGY | 915.5 | 948.6 | 982.9 | 1018.5 | 1055.4 | 1093.6 | 1133.2 | 3.6 |
| OTHER END-USE INDUSTRIES | 444.9 | 465.4 | 487 | 509.4 | 533 | 557.6 | 583.4 | 4.6 |
| REFINING | 762.9 | 795.1 | 828.7 | 863.6 | 900.1 | 938.1 | 977.6 | 4.2 |
| TOTAL | 5479.6 | 5726.2 | 5983.8 | 6253.1 | 6534.5 | 6828.6 | 7135.8 | 4.5 |
Oceania's industrial gases market is estimated at USD 5,726.2 million in 2025.
Oceania's industrial gases market is forecast to reach USD 7,135.8 million by 2030.
Oceania's industrial gases market is expected to grow at a compound annual growth rate of 4.5% from 2025 to 2030.
Mining, construction, manufacturing, healthcare, and food processing are the primary industries driving industrial gases demand in Oceania.
Infrastructure development, commodity extraction activities, technological advancements, and environmental compliance regulations support growth in Oceania's industrial gases market.
The study involved four key activities to estimate the current global size of the industrial gases market. Extensive secondary research was conducted to collect information on the market, its peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizes with industry experts across the entire industrial gases value chain through primary research. Both the top-down and bottom-up methods were used to estimate the overall market size. Following that, market segmentation and data triangulation techniques were applied to determine the size of various segments and sub-segments of the market.
In the secondary research process, various secondary sources such as Business Standard, Bloomberg, World Bank, and Factiva were used to identify and gather information for this study on the industrial gases market. These sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.
Various primary sources from the supply and demand sides of the industrial gases market were interviewed to gather qualitative and quantitative information. The primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and other key executives from leading companies and organizations operating in the industrial gases industry. The breakdown of the profiles of primary respondents is as follows:
The following is a breakdown of the primary respondents:
Notes: Companies are classified based on their revenue–Tier 1 = >USD 7 billion, Tier 2 = USD 500 million to USD 7 billion, and Tier 3 = < USD 500 million.
Other designations include sales, marketing, and product managers.
To know about the assumptions considered for the study, download the pdf brochure
Both the top-down and bottom-up approaches were used to estimate and validate the global size of the industrial gases market. These methods were also extensively employed to determine the size of various related market segments. The research methodology used to estimate the market size included the following details:

After estimating the overall market size using the process described above, the total market was divided into several segments and sub-segments. Data triangulation and market breakdown methods were used, where applicable, to complete the overall market analysis and determine accurate statistics for all segments and sub-segments of the industrial gases market. The data was triangulated by examining various factors and trends from both the demand and supply sides. Additionally, the market size was validated using both top-down and bottom-up approaches and confirmed through primary interviews. Therefore, three sources were used for each data segment—top-down approach, bottom-up approach, and expert interviews. The data was considered accurate when the values from all three sources matched.
Industrial gases are gaseous substances created and used for various industrial and commercial activities. Much of the manufacturing and delivery of industrial gases involves large-scale processes, typically through air separation, chemical reactions, or purifying natural gas sources and then separating the desired gases. Industrial gases can be delivered compressed, in liquid form, or cryogenically. They are vital to many sectors, supporting production efficiency, quality, and innovation. The delivery, handling, and supply of industrial gases require specialized equipment, infrastructure, and processes, along with strict safety, purity, and quality standards. Industrial gases play a crucial role in modern industry, enabling technological advancement, supporting economic growth, and powering various sectors worldwide.
Full forecast, segment splits, and company analysis for all Industrial Gases Market.
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