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Add to CartGlobal Industrial Gases for Plastic & Rubber Industry Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Gas Type;
Nitrogen, Carbon Dioxide, Carbon Monoxide and Others.By Process;
Injection Molding, Extrusion, Foaming and Blow Molding.By End User;
Automotive & Transportation and Construction.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Industrial Gases for Plastic & Rubber Industry Market (USD Million), 2021 - 2031
In the year 2023, the Global Industrial Gases for Plastic & Rubber Industry Market was valued at USD 7,109.54 million. The size of this market is expected to increase to USD 10,137.98 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.
The global industrial gases for the plastic and rubber industry market plays a pivotal role in the manufacturing processes of plastic and rubber products, catering to diverse applications across numerous industries worldwide. Industrial gases, including nitrogen, oxygen, carbon dioxide, and argon, are indispensable in various stages of plastic and rubber production, such as polymerization, extrusion, molding, and vulcanization.
These gases serve crucial functions ranging from enhancing product quality and performance to improving operational efficiency and ensuring safety standards compliance. With the burgeoning demand for plastic and rubber products across industries such as automotive, packaging, construction, and healthcare, the market for industrial gases in this sector is witnessing steady growth.
Technological advancements, such as gas injection molding and foaming processes, are driving the adoption of industrial gases for innovative manufacturing techniques, further propelling market expansion. Increasing environmental regulations and sustainability initiatives are prompting manufacturers to adopt cleaner and more efficient production processes, thereby augmenting the demand for industrial gases as alternatives to traditional chemical agents. As companies strive to optimize production processes, minimize costs, and reduce environmental impact, the global industrial gases for the plastic and rubber industry market presents lucrative opportunities for suppliers and manufacturers to innovate, collaborate, and capitalize on evolving market trends.
Global Industrial Gases for Plastic & Rubber Industry Market Recent Developments
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In January 2024, Linde Group introduced a customized gas mixture designed for improving the quality of rubber vulcanization, helping manufacturers achieve superior product consistency.
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In March 2021, Air Products unveiled a new industrial gas system for the plastic and rubber sectors, improving polymer production and reducing cycle times.
Segment Analysis
One of the key factors driving the market is the rising adoption of advanced manufacturing technologies in the plastic and rubber industry. Processes such as injection molding, blow molding, extrusion, and vulcanization require precise control of temperature, pressure, and atmosphere, which can be achieved through the use of industrial gases. Additionally, the growing emphasis on lightweight and eco-friendly materials has led to increased usage of plastics and rubbers in automotive and packaging applications, further fueling the demand for industrial gases.In terms of gas type, the market encompasses various gases such as nitrogen, oxygen, carbon dioxide, hydrogen, and others. Nitrogen and carbon dioxide are commonly used for blanketing and purging applications to prevent oxidation and improve product quality. Oxygen is utilized in processes such as combustion and oxidation, while hydrogen is employed in hydrogenation reactions and as a fuel source for flame treatment.
The automotive and transportation sector has witnessed significant advancements, driving demand for innovative solutions and materials. The growing emphasis on fuel efficiency, safety, and sustainability has encouraged the adoption of lightweight materials, advanced electronics, and autonomous technologies. Rising vehicle production, coupled with the increasing popularity of electric and hybrid vehicles, is influencing market trends. Additionally, stringent government regulations regarding emissions and safety standards are pushing manufacturers to invest in research and development, further shaping the competitive landscape. The expansion of public transportation and logistics infrastructure, driven by urbanization and e-commerce growth, is also creating opportunities for market participants.In the construction industry, rapid urbanization, infrastructure development, and sustainability initiatives are key growth drivers. Governments across the world are investing heavily in smart cities, green buildings, and resilient infrastructure, leading to increased demand for advanced construction materials and technologies. The shift towards modular and prefabricated construction is improving efficiency and reducing costs, while digitalization and automation in construction processes are enhancing productivity. Additionally, environmental concerns are influencing the adoption of eco-friendly materials and energy-efficient designs, aligning with stringent building regulations. The integration of smart technologies such as IoT and AI in construction management is further transforming the industry, fostering innovation and efficiency.
Regarding the process, the market covers a range of manufacturing processes including injection molding, blow molding, extrusion, vulcanization, and others. Injection molding and extrusion are among the most widely used processes for producing plastic components and products, while vulcanization is essential for enhancing the properties of rubber materials. Each of these processes requires specific gas applications to optimize performance and efficiency.
Global Industrial Gases for Plastic & Rubber Industry Segment Analysis
In this report, the Global Industrial Gases for Plastic & Rubber Industry Market has been segmented by Gas Type, Process, End User and Geography.
Global Industrial Gases for Plastic & Rubber Industry Market, Segmentation by Gas Type
The Global Industrial Gases for Plastic & Rubber Industry Market has been segmented by Gas Type into Nitrogen, Carbon Dioxide, Carbon Monoxide and Others.
Nitrogen is widely used in the plastic and rubber industry for various applications such as inerting, purging, and blanketing. It helps prevent oxidation and degradation of polymers during processing and storage. Carbon Dioxide finds application in the plastic and rubber industry as a blowing agent in the production of foamed plastics and rubber products. It is also used for cryogenic grinding and cooling during processing.
Carbon Monoxide is utilized in the plastic and rubber industry for processes such as hydrogenation and carbonylation. It can act as a reducing agent in certain chemical reactions involved in polymer synthesis. Other industrial gases may include oxygen, argon, and hydrogen, among others. These gases may find applications in specific processes such as flame treatment, welding, and annealing in the plastic and rubber industry.
Global Industrial Gases for Plastic & Rubber Industry Market, Segmentation by Process
The Global Industrial Gases for Plastic & Rubber Industry Market has been segmented by Process into Injection Molding, Extrusion, Foaming and Blow Molding.
Injection molding is a process used to produce parts by injecting molten material into a mold. It is commonly used in the manufacturing of plastic components with intricate shapes and precise dimensions. Extrusion involves forcing molten plastic or rubber through a die to create continuous shapes, such as pipes, tubing, and sheets. This process is widely used in the production of various plastic and rubber products.
Foaming is a technique used to introduce gas bubbles into plastic or rubber materials to create lightweight and insulating products. Foamed plastics and rubber find applications in packaging, insulation, and cushioning materials. Blow molding is a manufacturing process used to produce hollow plastic or rubber parts, such as bottles and containers. It involves inflating a heated plastic or rubber parison inside a mold until it takes the shape of the mold cavity.
Global Industrial Gases for Plastic & Rubber Industry Market, Segmentation by End User
The Global Industrial Gases for Plastic & Rubber Industry Market has been segmented byEnd User into Automotive and Transportation and Construction.
The automotive and transportation sector has witnessed significant advancements, driving demand for innovative solutions and materials. The growing emphasis on fuel efficiency, safety, and sustainability has encouraged the adoption of lightweight materials, advanced electronics, and autonomous technologies. Rising vehicle production, coupled with the increasing popularity of electric and hybrid vehicles, is influencing market trends. Additionally, stringent government regulations regarding emissions and safety standards are pushing manufacturers to invest in research and development, further shaping the competitive landscape. The expansion of public transportation and logistics infrastructure, driven by urbanization and e-commerce growth, is also creating opportunities for market participants.
In the construction industry, rapid urbanization, infrastructure development, and sustainability initiatives are key growth drivers. Governments across the world are investing heavily in smart cities, green buildings, and resilient infrastructure, leading to increased demand for advanced construction materials and technologies. The shift towards modular and prefabricated construction is improving efficiency and reducing costs, while digitalization and automation in construction processes are enhancing productivity. Additionally, environmental concerns are influencing the adoption of eco-friendly materials and energy-efficient designs, aligning with stringent building regulations. The integration of smart technologies such as IoT and AI in construction management is further transforming the industry, fostering innovation and efficiency.
Global Industrial Gases for Plastic & Rubber Industry Market, Segmentation by Geography
In this report, the Global Industrial Gases for Plastic & Rubber Industry Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Global Industrial Gases for Plastic & Rubber Industry Market Share (%), by Geographical Region, 2024
In North America, the market showcases robust growth driven by the presence of established players and a thriving manufacturing sector. The region's emphasis on technological advancements and innovation further propels market expansion.
Europe stands as another significant market segment, characterized by stringent regulations promoting eco-friendly manufacturing processes. The demand for industrial gases in the plastic and rubber industry is fueled by the region's strong focus on sustainability and environmental conservation.
The Asia Pacific region emerges as a key growth engine, propelled by rapid industrialization, urbanization, and a burgeoning middle class. Countries like China and India witness exponential growth in plastic and rubber manufacturing, driving the demand for industrial gases.
The Middle East and Africa region demonstrate promising growth prospects attributed to infrastructural developments and increasing investments in industrial sectors. The presence of petrochemical complexes further augments the demand for industrial gases in plastic and rubber manufacturing processes.
Latin America presents opportunities fueled by expanding industrial activities and favorable government initiatives promoting investment in manufacturing sectors. The region's rich natural resources and growing consumer markets contribute to the demand for industrial gases in plastic and rubber production.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Industrial Gases for Plastic & Rubber Industry Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints, and Opportunities
Drivers:
- Increasing Demand for Plastic and Rubber Products
- Growing Focus on Lightweight and Sustainable Materials
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Technological Advancements in Processing Techniques - One key area of technological advancement is in the realm of gas-assisted injection molding (GAIM) and gas injection molding (GIM) techniques. These techniques involve the use of industrial gases such as nitrogen or carbon dioxide to assist in the injection molding process. By injecting gas into the molten plastic or rubber, manufacturers can achieve various benefits, including reducing cycle times, improving part quality, and reducing material usage.
Advancements in gas separation and purification technologies have enhanced the availability and purity of industrial gases used in plastic and rubber processing. High-purity gases are essential for maintaining the integrity of the manufacturing process and ensuring the quality of the final products. Advanced gas purification techniques enable manufacturers to meet stringent quality standards and regulatory requirements, thus driving the adoption of industrial gases in the industry.
The development of novel gas-based processing techniques, such as atmospheric plasma treatment and cryogenic grinding, has opened up new possibilities for enhancing the properties of plastic and rubber materials. Atmospheric plasma treatment, for instance, can modify the surface properties of polymers, improving adhesion, wettability, and printability, thereby expanding the range of applications for plastic and rubber products.
Advancements in gas storage and delivery systems have also contributed to the growth of the industrial gases market in the plastic and rubber industry. Innovations in gas storage tanks, cylinders, and delivery methods have improved safety, reliability, and efficiency in handling industrial gases, facilitating their integration into manufacturing processes.
Restraints:
- High Cost of Industrial Gases
- Volatility in Raw Material Prices
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Energy Intensive Production Processes - Energy-intensive production processes refer to manufacturing methods that consume substantial amounts of energy throughout various stages of production. In the context of the plastic and rubber industry, these processes typically involve the conversion of raw materials into finished products through heating, cooling, molding, extrusion, and other thermal or chemical treatments. While these techniques are essential for shaping and forming plastic and rubber materials into desired shapes and dimensions, they also contribute significantly to the industry's energy consumption and carbon footprint.
One of the primary concerns associated with energy-intensive production processes is their environmental impact. The excessive use of energy derived from fossil fuels not only leads to increased greenhouse gas emissions but also exacerbates climate change and environmental degradation. As regulatory bodies and consumers alike place greater emphasis on sustainability and environmental stewardship, manufacturers in the plastic and rubber industry face mounting pressure to reduce their carbon emissions and transition towards more energy-efficient production methods.
The reliance on energy-intensive processes imposes significant cost burdens on industry players. Energy represents a substantial portion of the operational expenses for plastic and rubber manufacturers, impacting their bottom line profitability. Fluctuations in energy prices, geopolitical tensions, and supply chain disruptions further compound these challenges, making it difficult for companies to forecast and manage their production costs effectively.
Opportunities:
- Focus on Sustainability and Environmental Compliance
- Rising Adoption of Specialty Gases
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Expanding Applications in Additive Manufacturing - Additive manufacturing, commonly known as 3D printing, has witnessed significant growth and adoption across various industries in recent years. This technology involves building three-dimensional objects by adding material layer by layer based on a digital model. While additive manufacturing initially found applications in prototyping and small-scale production, its scope has expanded to include large-scale manufacturing and end-part production.
In metal additive manufacturing processes such as powder bed fusion (e.g., selective laser melting), industrial gases are used to create controlled atmospheres within the build chamber. Inert gases like argon or nitrogen are commonly employed to prevent oxidation and maintain powder quality during handling and processing. During the additive manufacturing process, precise temperature control is essential to ensure proper material deposition and part quality. Industrial gases such as helium and nitrogen are utilized for heat transfer and cooling purposes, helping to regulate the temperature of the printing environment and prevent thermal distortion or warping of printed parts.
In certain additive manufacturing techniques, such as laser-based polymer 3D printing, controlling the gas atmosphere within the printing chamber is critical to achieving optimal print quality and material properties. Industrial gases like nitrogen or carbon dioxide are employed to create inert or reactive atmospheres, depending on the specific requirements of the printing process and materials used.Post-processing steps, including surface treatment and finishing, are integral to enhancing the mechanical, chemical, and aesthetic properties of 3D-printed parts. Industrial gases such as oxygen or nitrogen can be employed in processes like plasma treatment or gas-assisted polishing to modify surface characteristics and improve part performance.
Competitive Landscape Analysis
Key players in Global Industrial Gases for Plastic & Rubber Industry Market include:
- The Linde Group
- Air Liquide S.A.
- Praxair Inc.
- Products and Chemicals Inc.
- Airgas Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Glass Type
- Market Snapshot, By Process
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Industrial Gases for Plastic & Rubber Industry Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing Demand for Plastic and Rubber Products
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Growing Focus on Lightweight and Sustainable Materials
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Technological Advancements in Processing Techniques
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- Restraints
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High Cost of Industrial Gases
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Volatility in Raw Material Prices
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Energy Intensive Production Processes
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- Opportunities
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Focus on Sustainability and Environmental Compliance
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Rising Adoption of Specialty Gases
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Expanding Applications in Additive Manufacturing
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Industrial Gases for Plastic & Rubber Industry Market, By Glass Type, 2021 - 2031 (USD Million)
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Nitrogen
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Carbon Dioxide
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Carbon Monoxide
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Others
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- Global Industrial Gases for Plastic & Rubber Industry Market, By Process, 2021 - 2031 (USD Million)
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Injection Molding
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Extrusion
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Foaming
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Blow Molding
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Global Industrial Gases for Plastic & Rubber Industry Market, By End User, 2021 - 2031 (USD Million)
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Automotive & Transportation
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Construction.
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- Global Industrial Gases for Plastic & Rubber Industry Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Industrial Gases for Plastic & Rubber Industry Market, By Glass Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- The Linde Group
- Air Liquide S.A.
- Praxair Inc.
- Products and Chemicals Inc.
- Airgas Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market