Industrial Gases & Cryogenic · Direct
Monitoring · monthly
Procurement Category Intelligence

Noble & Elemental Gases

Overview
Market size
$8.5B
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
9 high severity

Market outlook

2031$11.3B

What changed

Demand by region

Asia Pacific demand39%
North America demand34%
Europe demand22%
Rest of world demand5%
share of global demandtotal 100%

Cost drivers

Energy and cryogenic processing utilities40%
Feedstock and raw atmospheric gas extraction25%
Distribution, specialized cylinder, and bulk logistics20%
Capital equipment depreciation and maintenance10%
Compliance, quality assurance, and high purity testing5%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked