MARKET INSIGHTS
Global industrial gases for the plastic & rubber market size was valued at USD 6.3 billion in 2024. The market is projected to grow from USD 6.6 billion in 2025 to USD 8.8 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period.
Industrial gases are critical processing agents used in plastic and rubber manufacturing. These specialized gases, including nitrogen, carbon monoxide, and carbon dioxide, serve essential functions like inert blanketing, cryogenic cooling, and chemical synthesis. Their applications range from polymer production to tire manufacturing, where they improve product quality and process efficiency.
The market growth is driven by increasing plastic consumption across packaging and automotive sectors, coupled with rising demand for high-performance rubber products. However, environmental concerns about plastic waste may restrain growth in certain regions. Key players like Linde, Air Liquide, and Air Products are investing in sustainable gas solutions to align with circular economy initiatives in the plastics industry.
Industrial Gases for the Plastic & Rubber Market – View in Detailed Research Report
Global industrial gases for the plastic & rubber market size was valued at USD 6.3 billion in 2024, and is projected to reach USD 8.8 billion by 2032, growing at a 4.8% CAGR from 2025 to 2032.
Industrial gases are essential processing agents in plastic and rubber manufacturing, providing functions such as inert blanketing, cryogenic cooling, and chemical synthesis. They are used in polymer production, tire manufacturing, and other processes to enhance product quality and efficiency.
Top 10 Companies in the Industrial Gases for the Plastic & Rubber Market
1️⃣ Linde plc
Headquarters: Dublin, Ireland
Key Offering: Nitrogen, Oxygen, Argon, Specialty Gases for polymer and rubber processing
Linde plc is a global leader in industrial gases, with a strong presence in the plastics and rubber sector. Its advanced cryogenic separation technology ensures high purity gases for injection molding, extrusion, and vulcanization processes.
Sustainability Initiatives:
- Investment in renewable energy for gas production
- Carbon capture and utilization projects in key facilities
- Partnerships with polymer manufacturers for circular economy solutions
2️⃣ Air Liquide
Headquarters: Paris, France
Key Offering: Nitrogen, Carbon Dioxide, Oxygen, Specialty gases for polymerization and foaming
Air Liquide’s extensive distribution network supports the automotive and packaging industries, providing high‑purity gases for lightweighting and modified atmosphere packaging.
Sustainability Initiatives:
- Hydrogen production via steam methane reforming with carbon capture
- Low‑emission air separation units
- Collaboration with OEMs to reduce process emissions
3️⃣ Air Products and Chemicals, Inc.
Headquarters: Chicago, Illinois, USA
Key Offering: Nitrogen, Oxygen, Argon, Specialty gases for polymer and rubber manufacturing
Air Products has secured long‑term contracts with major plastic producers, providing reliable supply of gases for injection molding and rubber vulcanization.
Sustainability Initiatives:
- Renewable energy integration in gas plants
- Energy‑efficient cryogenic systems
- Support for circular economy projects in packaging
4️⃣ Messer Group
Headquarters: Stuttgart, Germany
Key Offering: On‑site nitrogen generation, specialty gases for tire manufacturing
Messer Group’s on‑site generation plants reduce transportation emissions and improve supply reliability for tire producers.
Sustainability Initiatives:
- Zero‑emission on‑site generation solutions
- Partnerships with rubber manufacturers for eco‑friendly processes
- Investment in plasma treatment technologies
5️⃣ Taiyo Nippon Sanso Corporation
Headquarters: Tokyo, Japan
Key Offering: Nitrogen, Oxygen, Argon, Specialty gases for polymer processing in Asia
With acquisitions in Southeast Asia, Taiyo Nippon Sanso is expanding its footprint in emerging rubber markets.
Sustainability Initiatives:
- Energy‑efficient membrane separation for nitrogen
- Carbon‑neutral gas production initiatives
- Support for local recycling programs
6️⃣ Yingde Gases Group
Headquarters: Yingde, China
Key Offering: Nitrogen, Oxygen, Argon for large‑scale polymer and rubber plants
Yingde Gases provides cost‑effective gas solutions to meet the growing demand in China’s plastic and rubber industry.
Sustainability Initiatives:
- Investment in renewable energy for gas production
- Carbon capture projects in key plants
- Collaboration with local manufacturers for circular economy
7️⃣ Novomer Inc.
Headquarters: San Diego, California, USA
Key Offering: Specialty gases for bio‑based polymers and recycled materials
Novomer focuses on sustainable gas solutions that enable high‑performance bio‑polymer production.
Sustainability Initiatives:
- Partnerships with bio‑polymer manufacturers
- Low‑carbon gas production processes
- Support for green chemistry initiatives
8️⃣ Universal Industrial Gases
Headquarters: New York, New York, USA
Key Offering: Bulk liquid and on‑site generation gases for plastic and rubber manufacturers
Universal Industrial Gases supplies cost‑effective bulk gases to medium‑to‑large manufacturers.
Sustainability Initiatives:
- Energy‑efficient bulk liquid handling
- Support for local recycling initiatives
- Investment in renewable energy for production
9️⃣ Praxair
Headquarters: Waukegan, Illinois, USA
Key Offering: Nitrogen, Oxygen, Argon, Specialty gases for polymer and rubber processing
Praxair’s global network supports the automotive and packaging sectors with high‑purity gases.
Sustainability Initiatives:
- Carbon‑neutral gas production initiatives
- Energy‑efficient cryogenic units
- Collaboration with OEMs for low‑emission processes
🔟 Airgas
Headquarters: Denver, Colorado, USA
Key Offering: Nitrogen, Oxygen, Argon, Specialty gases for plastics and rubber manufacturing
Airgas provides reliable gas supply to regional manufacturers and supports local sustainability programs.
Sustainability Initiatives:
- Renewable energy integration in gas plants
- Carbon capture and utilization projects
- Partnerships with local recycling facilities
Outlook
The industrial gases market for plastic & rubber is poised for steady growth, driven by the automotive lightweighting trend, expanding packaging demand, and the adoption of advanced polymer processing technologies. The shift toward circular economy practices and Industry 4.0 integration will further enhance gas utilization efficiency, while regulatory pressures and raw‑material price volatility will shape competitive dynamics.
Future Trends
Key future trends include:
- Expansion of on‑site gas generation to reduce logistics costs and emissions.
- Growth of gas‑based purification and recycling technologies to close the quality gap between virgin and recycled polymers.
- Increased adoption of smart monitoring and predictive maintenance for gas systems, driving 15–20% consumption reductions.
- Rising demand for specialty gases in bio‑polymer and high‑performance rubber applications.
- Continued investment in renewable energy and carbon capture to meet tightening environmental regulations.
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