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.