Indonesia Industrial Gases Market Report and Forecast 2032

Indonesia Industrial Gases Market Insights & Analysis

The Indonesia Industrial Gases Market is anticipated to register a CAGR of around 5.10% during the forecast period, i.e., 2025-32. Along with this, the market is valued at USD 12.3 billion by 2032. A group of gases generated, specifically for usage in varied industries, including manufacturing, healthcare, electronics, and chemicals, are defined as industrial gases. Oxygen, nitrogen, hydrogen, carbon dioxide, and specialty gases such as helium, acetylene, and argon, are instances of these gases.

The key deployment of industrial gases includes cutting, chilling, welding, controlling combustion, and heating. They are also employed in cryogenics, gasification, and air separation. Also, owing to the rising demand for industrial gases in the manufacturing sector, the Indonesia Industrial Gases Market is mounting. The need for varied industrial gases has expanded due to the country's recent surge in investments to expand its manufacturing infrastructure. Also, to upscale process efficiency, lower emissions, and enhance the quality of metals, chemicals, and other products, oxygen, nitrogen, and hydrogen are broadly employed.

Indonesia Industrial Gases Market FY32

• Study Period: 2020- 2032


• Base Year: 2024


• CAGR(2025-2032): 5.10%


• Market Value 2032: USD 12.3 Billion


• Major Players: L’Air Liquide S.A. (Air Liquide), Linde plc, Pt. Tira Austenite Tbk, PT Aneka Gas Industri Tbk, Air Products and Chemicals, Inc., Others

Moreover, the noteworthy driver of the Indonesia Industrial Gases Market's growth is the nation's increasing healthcare system. Also, applications for these gases entail respiratory treatment, anesthesia, and sterilizing medical equipment. It is anticipated that the necessity for industrial gases in the healthcare sector would be elevated by aspects, including population growth, the incidence of chronic diseases, and growing investments in healthcare infrastructure. Further, the Indonesia Industrial Gases Industry is intensifying owing to a large part of the electronics sector. In addition, industrial gas consumption is foreseen to upgrade as a result of Indonesia's electronics industry's tremendous growth, which is being driven by growing domestic needs & government programs to support domestic production.

Besides, the food & beverage sector across the country has risen rapidly in recent years, which has elevated demand for industrial gases, such as nitrogen & carbon dioxide. These gases assist in preserving the freshness & prolonging the shelf life of food goods through several uses, like carbonation, packing, and freezing. Also, the Indonesia Industrial Gases Market is envisioned to upscale as a result of the increasing customer desire for packaged & frozen foods as well as the upswing of the food processing sector in the future years.

Indonesia Industrial Gases Market Dynamics

• Increasing Application in the Automotive Sector to Instigate the Market Demand

The industry is flourishing owing to the increasing requirement for industrial gases in the automotive sector. The market is growing as a result of the widespread usage of industrial gases, like argon, nitrogen, and xenon in car headlights & indicator lamps. The Indonesia Industrial Gases Market is expanding swiftly as sheet metal for doors & the automobile body is designed using specific gas combinations. Also, the brazing technique deployed to construct automotive air conditioning heat exchangers in a regulated nitrogen or hydrogen atmosphere is becoming more common, which is supporting the development of the industrial gases sector.

Additionally, airbags are one of the most crucial parts of active safety systems, which is in line with the rising need for improved vehicle safety. Therefore, the usage of high-pressure argon & other rare gases is infusing to let for ultra-high-speed bag inflation, which is enhancing market growth.

• Infrastructure Limitations to Hinder Indonesia Industrial Gases Market

Limitations in infrastructure present solemn challenges to the Indonesia Industrial Gases Market's growth. Industrial gases, such as oxygen, nitrogen, and hydrogen could not be produced, stored, or dispersed proficiently in the country owing to its undeveloped transportation networks, poor storage facilities, and sparse pipeline infrastructure. These issues are specifically severe in rural & isolated areas, where poor connectivity elevates the cost & duration of logistics.

In addition, the substantial financial outlay essential to create a strong infrastructure discourages businesses from expanding. Also, these restrictions limit the market's ability to grow & innovate in response to elevated demand, in addition to affecting the timely delivery of industrial gases to vital sectors such as industry, healthcare & energy.

Indonesia Industrial Gases Market Segment-wise Analysis

By Application:

• Manufacturing
• Metallurgy
• Energy
• Chemicals
• Healthcare
• Electronics
• Food & Beverages
• Others

The Manufacturing Sector held the largest share of the Indonesia Industrial Gases Market. This dominance is due to Indonesia's growing industrial base, which elevates demand for gases, such as argon, nitrogen, and oxygen, all of which are vital for metal fabrication, welding, and cutting. Moreover, the manufacturing sector, consisting of large investments in industries, including textiles, construction, and automobiles, is vital to the country's economic growth. Also, for these sectors to upscale efficiency, improve product quality, and guarantee worker safety, industrial gases are vital. Further, owing to the manufacturing sector's requirement for industrial gases, the segment is foreseen to maintain its dominant position across the nation.

By Supply Mode:

• Bulk
• Packaged
• On-site

The Bulk Supply Mode is leading across the Indonesia Industrial Gases Market and is envisioned to capture potential market share in the forecast years. The segment’s cost-effectiveness & effectiveness in meeting the large volume needs of industries, such as manufacturing, chemicals, healthcare, and energy are the aspects of its popularity. Also, for large-scale operations, bulk supply guarantees a steady & reliable flow of industrial gases, including argon, nitrogen, and oxygen via cryogenic tankers or pipelines. Moreover, Indonesia's growing industrialization & infrastructure advancements drive the need for bulk supply since it better meets the logistical necessities & operational scale of large companies than packaged or on-site substitutes.

What Does Our Indonesia Industrial Gases Market Research Study Entail?

• Indonesia Industrial Gases Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
• The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
• Indonesia Industrial Gases Market Research Report entails details about the most critical shifts in market share in the prominent regions.
• Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.