Saudi Arabia Industrial Gases Market 2030: Size, Growth Drivers...

Saudi Arabia Industrial Gases Market 2030: Size, Growth Drivers & Competitive Landscape

Posted 2025-10-28 09:52:37

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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.

Top Driver 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.

For instance, Saudi Aramco and TotalEnergies are together building a production unit called the Amiral complex in Jubail to produce ethylene gas with an annual production capacity of about 1.5 million tons. Similarly, a well-established petrochemical company called Spichem (2020) partnered with an industrial gas manufacturing company called Linde PLC, which focuses on supplying various gases, including syngas, carbon monoxide, hydrogen, etc., to the chemical plants for refining purposes, thus augmenting the size & volume of the Saudi Arabian Industrial Gases 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

-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
Others

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