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 Challenges Impacting the Saudi Arabia Industrial Gases Market Growth

High Costs & Fragmented Supply Chain – The market is facing several challenges, including high capital investments and supply chain fragmentation. The setting up of industrial gas manufacturing facilities includes air separation units, advanced machinery, pipeline installation, tanks for storage, etc., which increases the overall investment to set up these facilities. Small facilities can range between USD50 million to USD200 million, whereas the large-scale manufacturing facilities can exceed USD500 million to USD15 billion. For instance, the mega complex called Jazan Industrial Gas Complex has invested about USD12 billion in supplying industrial gases. These high investments are putting a financial obstacle to small-scale and start-up companies from entering this market.

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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

  • 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
  • Others

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