Future Saudi Arabia Industrial Gases Market: Key Dynamics, Size & Share Analysis

The Saudi Arabia Industrial Gases Market size was valued at around 20 million tons in 2024 and is expected to reach 24.13 million tons by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.18% during the forecast period, i.e., 2025-30. The Saudi Arabia Industrial Gases Market is significantly growing due to several growth factors, including the rising oil and gas industries in the country, due to a well-established base for such industries, the growing investments through government and public sectors in the development of their infrastructure, and the widespread adoption of advanced technologies such as smart management systems, AI features, and IoT sensors.

Top Market Challenges Impacting the Saudi Arabia Industrial Gases Market Growth

Expansion of Petrochemical Industry Driving Market Growth – The market growth is driven by the rapidly increasing petrochemical industry in the country due to a strong base of natural oil & gas reserves in Saudi Arabia. For instance, as of 2025, the capacity of this industry is more than 74 million tons per year, which is further projected to double and reach up to 140 million tons per year in Saudi Arabia. Additionally, petrochemical industries require a large amount of industrial gases in many processes, like refining, oxidation, and purging. As a result, these companies are collaborating with the industrial gas manufacturers to fulfil the rising demand.

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Understanding the Core Segments in the Saudi Arabia Industrial Gases Market

Saudi Arabia Industrial Gases Market Size, Share & Industry Trends Analysis- By Product Type (Oxygen, Nitrogen, Carbon Dioxide, Hydrogen, Argon, Acetylene, Helium, Others), By Distribution Channel (Tonnage, Bulk & Cylinder, Packaged, On-Site Supply), By End-User (Manufacturing, Metallurgy & Glass, Energy & Chemicals, Healthcare, Food & Beverages, Electronics) and Others.

Geographical Analysis of the Saudi Arabia Industrial Gases Market

By Region

• North
• East
• South
• West
• Central.

Who Dominates the Saudi Arabia Industrial Gases Market Insights on Key Industry Players?

Companies are strengthening their presence in the Saudi Arabia Industrial Gases market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

• Air Liquide Arabia / Air Liquide S.A.
• Linde PLC / Linde Saudi Industrial Gas Company (SIGAS)
• Air Products & Chemicals, Inc. / Air Products Qudra
• Saudi Basic Industries Corporation (SABIC)
• Abdullah Hashim Industrial Gases & Equipment Co. Ltd
• Aldakheel Industrial Gases Plant (DIGAS)
• Gulf Cryo Saudi
• Jubail Gas Plant Co. Ltd.
• ACWA Holding
• Taiyo Nippon Sanso Corporation
• Barrak Industrial Gases Factory
• Arab Industrial Gases Company
•  

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