In-Depth Analysis and Investment Outlook Forecast Report for China’s Industrial Gases Industry (2023–2027)

Chapter 1: Overview of Industrial Gases 1.1 Basic Introduction to Industrial Gases 1.1.1 Introduction to Industrial Gases 1.1.2 Types of Industrial Gases 1.1.3 Applications of Industrial Gases 1.2 Key Characteristics of Industrial Gases 1.2.1 Cyclical Nature 1.2.2 Regional Distribution 1.2.3 Seasonality 1.3 Classification Standards for Industrial Gases 1.3.1 Classification by National Standards 1.3.2 Classification by Chemical Properties 1.3.3 Classification by Component Composition Chapter 2: Analysis of the Development Environment for China’s Industrial Gases Industry (2020–2022) 2.1 Policy Environment 2.1.1 Industry Classification 2.1.2 Regulatory Authorities 2.1.3 Laws and Regulations 2.1.4 Industrial Policies 2.2 Economic Environment 2.2.1 Overview of the National Economy 2.2.2 Analysis of Foreign Economic Relations 2.2.3 Fixed-Asset Investment 2.2.4 Macroeconomic Outlook 2.3 Industrial Environment 2.3.1 Strategic Position of the Industrial Economy 2.3.2 Operation of the Industrial Economy 2.3.3 Development Logic of the Industrial Economy 2.3.4 Optimization Mechanisms of the Industrial Economy 2.4 Technological Environment 2.4.1 Gas Separation Technologies 2.4.2 Gas Purification Technologies 2.4.3 Gas Mixing Technologies 2.4.4 Container Processing Technologies 2.4.5 Gas Filling Technologies 2.4.6 Gas Detection Technologies Chapter 3: Comprehensive Review of the Industrial Gases Industry (2020–2022) 3.1 Global Development Status of the Industrial Gases Industry 3.1.1 Global Industrial Economic Scale 3.1.2 Current Status of Industrial Gases Development 3.1.3 Market Size of Industrial Gases 3.1.4 Competitive Landscape of Industrial Gases 3.1.5 Market Concentration of Industrial Gases 3.2 Overview of China’s Industrial Gases Industry 3.2.1 Industry Development History 3.2.2 Driving Factors 3.2.3 Delivery Models 3.2.4 Development Models 3.3 Industrial Chain Analysis of China’s Industrial Gases Industry 3.3.1 Industrial Ecosystem Map 3.3.2 Upstream Analysis 3.3.3 Midstream Analysis 3.3.4 Downstream Analysis 3.4 Market Development Analysis of China’s Industrial Gases Industry 3.4.1 Market Size Statistics 3.4.2 Market Share Distribution 3.4.3 Segment Share Breakdown 3.4.4 Corporate Competitive Landscape 3.4.5 Regional Competitive Landscape 3.4.6 Foreign Trade Situation 3.5 Operational Performance Analysis of Listed Companies in the Industrial Gases Industry 3.5.1 Scale of Listed Companies 3.5.2 Geographic Distribution of Listed Companies 3.5.3 Operational Performance Analysis 3.5.4 Profitability Analysis 3.5.5 Operational Efficiency Analysis 3.5.6 Growth Capacity Analysis 3.5.7 Cash Flow Analysis 3.6 Issues and Countermeasures in China’s Industrial Gases Industry 3.6.1 Key Challenges Facing the Industry 3.6.2 Strategic Countermeasures Chapter 4: Upstream Market Analysis of China’s Industrial Gases Industry (2020–2022)

Investment Planning and Outlook Forecast Report for China’s Industrial Gases Industry (2025–2029)

Industrial gases are bottled, compressed, liquefied gases that exist in gaseous form under normal temperature and pressure conditions. With a wide variety of types, they are primarily used across diverse industrial manufacturing sectors. Based on application fields, industrial gases are broadly categorized into bulk gases and specialty gases. Bulk gases feature high production and sales volumes but relatively low purity requirements. In contrast, specialty gases—though produced and sold in smaller quantities—demand extremely stringent specifications regarding purity or composition, maximum allowable levels of harmful impurities, packaging, and storage/transportation, rendering them high-tech, high-value-added products. Specialty gases are typically classified into three categories: high-purity or ultra-high-purity gases, standard calibration gases, and specially formulated mixed gases. As essential foundational raw materials for modern industry, gas products enjoy extensive applications across numerous sectors—including metallurgy, steelmaking, petroleum, chemical engineering, machinery, electronics, glass, ceramics, construction materials, architecture, food processing, pharmaceuticals, and healthcare—where large quantities of common or specialty gases are routinely consumed. The global industrial gases industry has evolved over more than 200 years, exhibiting steady growth overall. The global market size reached RMB 720.2 billion in 2017 and grew to RMB 943.2 billion in 2021, representing a compound annual growth rate (CAGR) of 6.97%. Under conditions of stable global economic expansion and consistent industrial development, the global industrial gases market is projected to maintain steady growth, reaching RMB 1,329.9 billion by 2026—a CAGR of 7.11% from 2021 to 2026. In China, the industrial gases market size amounted to RMB 175 billion in 2021, an increase of 10.76% year-on-year; it reached approximately RMB 187.1 billion in 2022. Bulk gases account for roughly 80% of China’s industrial gases market, while specialty gases constitute about 20%. Globally, market share is highly concentrated among major players: Air Products, Taiyo Nippon Sanso, Linde plc (formerly Praxair), and Air Liquide Group. Linde plc holds approximately 21% of the global market, Air Liquide Group accounts for 20%, Air Products 7%, and Taiyo Nippon Sanso around 5%. With rapid growth in China’s national economy, the application scope of gas products continues to expand, consumption volumes steadily rise, new products emerge constantly, purity levels continuously improve, and market demand keeps growing—resulting in output value growth rates significantly outpacing those of GDP. Although China’s industrial gases industry started later than its global counterparts, it has developed rapidly under the combined influence of supportive national policies, foreign investment inflows, and advances in high technology. Nationally, in November 2021, the China Industrial Gases Association released the '14th Five-Year Development Guidelines for China’s Gas Industry', emphasizing efforts to address critical weaknesses and bottlenecks, resolve core technological constraints ('choke-point' technologies), promote domestic substitution of electronic specialty gases, secure end-to-end supply chain resilience, stabilize industrial chains, and achieve high-quality industry development. In December 2021, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the Ministry of Natural Resources jointly issued the '14th Five-Year Development Plan for Raw Materials Industries', explicitly identifying breakthroughs in key new material varieties—including industrial gases—as central objectives within the New Materials Innovation Development Project, targeting priority application areas such as integrated circuits, information and communications, and energy industries. At the local level, on April 12, 2023, the Chaozhou Municipal Government officially promulgated and implemented the 'Several Measures to Further Reduce Industrial Enterprises’ Gas Consumption Costs', which outlines 15 concrete policy measures across three dimensions: diversifying high-quality pipeline gas supply sources, adopting multiple approaches to reduce enterprises’ gas costs, and strengthening multi-dimensional safeguards for safe and reliable gas supply.