The industrial gases market size was valued at $93.8 billion in 2021, and industrial gases market is estimated to reach $162.8 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031. Industrial gases mainly consist of carbon dioxide, hydrogen, nitrogen, oxygen, and noble gases (helium, neon, argon, krypton, xenon and radon). The …