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Strategic Insights into the Industrial Gases Market

The industrial gases market, valued at US$99.2 billion in 2024, is projected to grow to US$197.0 billion by 2031, with a CAGR of 10.3%. This growth is fueled by rising demand across sectors like chemicals, food and beverage, and manufacturing. Key drivers include the need for industrial gases in chemical production, agricultural productivity, and the frozen food industry. Technological advancements and increasing manufacturing activities in developing economies further support market expansion. Strategic investments and infrastructure upgrades by major players, such as Air Liquide, underscore

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Strategic Insights into the Industrial Gases Market

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