The increasing number of natural gas-fueled vehicles and the tendency of countries with scarce natural resources to mitigate their dependence on fossil fuels have significantly brought the need for gas feed systems into the limelight in front of the world. The market for these systems is set to surge at a sustained CAGR of 5.80% through 2034.
The gas feed system market has seen a series of ups and downs in the past few years. In the wake of the pandemic, when energy demand was low, the market experienced a considerable plunge. As these systems are mainly utilized in industrial settings, their demand received a heavy blow.
The ongoing sustainability trends and the revival of economies have again generated a huge demand for gas feed systems in the industrial landscape. With the automation of production units and the development of the manufacturing sector, the market valuation is slated to reach US$ 1,592.2 million by the end of 2034. As of 2024, the market is valued at US$ 906.4 million.
| Attributes | Details |
|---|---|
| Market Value for 2024 | US$ 906.4 million |
| Projected Market Value for 2034 | US$ 1,592.2 million |
| Value-based CAGR of the Market for 2024 to 2034 | 5.80% |
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Gas feed systems can be associated with a plethora of gases, such as carbon dioxide, chlorine, natural gas, etc. Among these, the natural gas segment holds the majority of the 45.70% share in 2024.
| Attributes | Details |
|---|---|
| Gas Type | Natural Gas |
| Market Share (2024) | 45.70% |
Gas feed systems are used in both industrial and residential settings. They are also utilized in agricultural and commercial settings. Based on applications, the industrial segment dominates the market with a share of 31.40% in 2024.
| Attributes | Details |
|---|---|
| Application | Industrial |
| Market Share (2024) | 31.40% |
| Countries | CAGR (2024 to 2034) |
|---|---|
| United States | 4.80% |
| Australia | 6.40% |
| South Korea | 6.40% |
| India | 5.40% |
| Japan | 5.20% |
| Spain | 5.20% |
The market in the United States is growing at a CAGR of 4.80% through 2034.
There are growing concerns about the quality of water in the United States. This has increased the prominence of wastewater treatment plants in the country, which has, in turn, increased the demand for gas feed systems as they play a very crucial role in water treatment processes such as disinfection, pH adjustment, and chemical oxidation.
Besides this, advancements in gas feed system technology have also led to more efficient and reliable systems, positively affecting the adoption in the United States.
Australia is one of the leading markets in the world when it comes to gas feed systems. The market is estimated to grow at a CAGR of 6.40% through 2034.
Australia is blessed with significant natural gas reserves, both conventional and unconventional, particularly in regions like Western Australia and Queensland. The country also exports a substantial amount of liquified natural gas to Asian countries like Thailand, India, Malaysia, etc.
This enormous natural gas sector has automatically generated an excellent demand for efficient and reliable gas feeds in the country to support its LNG liquefaction plants and associated infrastructure.
The market in South Korea is also a lucrative one. It is anticipated to expand at a CAGR of 6.40 through 2034.
South Korea, compared with other Asian countries, has very scarce natural gas reservoirs to support its national demand. This is why it has to depend primarily on exports from neighboring countries, making energy security a priority. Natural gas is considered the number one alternative to fossil fuels, such as coal and oil.
These factors have had a positive impact on the market in South Korea. Besides this, industrial growth in the country has also generated a mammoth demand for these feed systems as they require significant amounts of energy for production.
The market in India is also predicted to flourish in the coming future. It is very likely to progress at a CAGR of 5.40%.
India, as a country, in the last few years, has undergone significant industrial transformation, thanks to the government’s efforts in easing the entry of multinational companies into the country. This rapid development has also led to increased energy demand, particularly in the urban and semi-urban settings, with the presence of industry clusters.
This has significantly benefited the market in India. Apart from this, India also faces significant environmental challenges, and switching from fossil fuels to natural gas requires efficient feed systems.
Japan is also one of the top companies in this market. It is slated to progress at a decent but consistent CAGR of 5.20% through 2034.
The Fukushima nuclear disaster in 2011 has entirely changed Japan’s energy sector. With a limited domestic energy resource, the country relies heavily on imports to meet its domestic energy needs.
The government has been actively diversifying its energy sources in Japan, with natural gas playing a crucial role. This expansion has indeed created a conducive environment for the growth of gas feed sales in the country. Besides this, Japan aims to increase the share of renewable energy in its energy mix, which is also one of the major drivers for market growth in the country.
The market in Spain is also a promising one. It is anticipated to progress at a CAGR of 5.20% through 2034.
Spain has been a leader in renewable energy adoption, especially in wind and solar power. Despite this dominance, the country also faces the problem of scarce fossil fuel and nuclear energy for its grid stability, and it has to depend on natural gas-fired power plants as its backup sources. These technologies generate huge demand for these systems in the country.
The country has also been actively investing in cleaner transportation alternatives to reduce emissions and dependence on imported oil. The growth of the natural gas vehicle market in Spain creates demand for gas refueling infrastructure, including gas feeding systems for compressed natural gas (CNG) stations.
Principal Consultant
This market is a very competitive one, especially in countries where natural resources are limited, and energy requirements are very high. With the advent of natural gas vehicles and countries seeking ways to lower their dependence on imported oil and gas, the market players in this industry have an excellent opportunity to expand their business.
Ongoing sustainability trends in industries across sectors will also benefit the market. Players in the industry must market their products and offerings in developed and emerging economies to gain more traction.
Recent Developments
Linde plc
Linde is a global industrial gases and engineering company, generating US$ 33 billion in 2023 sales. With a mission to enhance productivity sustainably, it offers solutions in clean hydrogen, medical oxygen, and specialty gases. Leveraging over 50 years of hydrogen expertise, Linde drives cleaner energy initiatives worldwide.
Air Products and Chemicals, Inc.
Established in 1940, Air Products and Chemicals, Inc. is a global leader in providing essential industrial gases, equipment, and expertise to diverse sectors like refining, manufacturing, and food and beverage. Renowned for innovation and operational excellence, it specializes in liquefied natural gas technology and sustainable gasification projects.
Air Liquide S.A.
Established in 1902, Air Liquide S.A., a French multinational, supplies industrial gases and services worldwide. Second only to Linde in revenue, it serves diverse sectors like medical, chemical, and electronics across 80+ nations, providing vital gases for manufacturing processes and innovative solutions for industry needs.
Other Prominent Companies
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The market is expected to be worth US$ 906.4 million by 2024.
The market is expected to reach US$ 1,592.2 million by 2034.
The market is set to develop at a CAGR of 5.8% from 2024 to 2034.
Linde plc, Air Products and Chemicals, Inc., Air Liquide S.A., Praxair, Inc. (now part of Linde plc), Messer Group GmbH, Matheson Tri-Gas, Inc., Taiyo Nippon Sanso Corporation, are some of the major players in the market.
The market valuation in 2023 was US$ 856.4 million.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Strategies 5. Global Market Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034 5.1. Historical Market Volume (Tons) Analysis, 2019 to 2023 5.2. Current and Future Market Volume (Tons) Projections, 2024 to 2034 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis By System Type 6.2. Global Average Pricing Analysis Benchmark 7. Global Market Demand (in Value or Size in US$ Million) Analysis 2019 to 2023 and Forecast, 2024 to 2034 7.1. Historical Market Value (US$ Million) Analysis, 2019 to 2023 7.2. Current and Future Market Value (US$ Million) Projections, 2024 to 2034 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. Global GDP Growth Outlook 8.1.2. Global Chemical Industry Overview 8.1.3. Manufacturing Value-Added 8.1.4. Industry Value Added 8.1.5. Parent Market Outlook 8.1.6. Other Macro-Economic Factors 8.2. Forecast Factors - Relevance & Impact 8.2.1. Top Companies Historical Growth 8.2.2. GDP Growth Forecast 8.2.3. Manufacturing Industry Forecast 8.2.4. Global Urbanization Growth Outlook 8.2.5. End-use Industry Growth Outlook 8.2.6. Other Forecast Factors 8.3. Value Chain 8.3.1. Product Manufacturers 8.3.2. End Users 8.3.3. Avg. Profitability Margins 8.4. COVID-19 Crisis - Impact Assessment 8.4.1. Current Statistics 8.4.2. Short-Mid-Long Term Outlook 8.4.3. Likely Rebound 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 8.6. Global Supply Demand Analysis 8.7. Key Regulations & Certifications 8.8. Trade Scenario 8.9. Parent Market Overview 8.10. Key Developments 8.11. Patent Analysis 8.12. Porter’s and PEST Analysis 8.13. Production Process Overview 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By System Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Million) and Volume Analysis By System Type, 2019 to 2023 9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By System Type, 2024 to 2034 9.3.1. Chlorine Gas Feed Systems 9.3.2. Carbon Dioxide Gas Feed Systems 9.3.3. Natural Gas Feed Systems 9.4. Market Attractiveness Analysis By System Type 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Million) and Volume Analysis By Application, 2019 to 2023 10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Application, 2024 to 2034 10.3.1. Industrial Application 10.3.2. Environmental Application 10.3.3. Agricultural Application 10.3.4. Commercial Application 10.3.5. Residential Application 10.4. Market Attractiveness Analysis By Application 11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Technology 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Million) and Volume Analysis By Technology, 2019 to 2023 11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Technology, 2024 to 2034 11.3.1. Mass Flow Controllers 11.3.2. Variable Area Flow Meters 11.3.3. Positive Displacement Flow Meters 11.3.4. Diffusion Systems 11.4. Market Attractiveness Analysis By Technology 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User Industry 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Million) and Volume Analysis By End-User Industry, 2019 to 2023 12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End-User Industry, 2024 to 2034 12.3.1. Energy & Power 12.3.2. Chemicals 12.3.3. Water and Wastewater Treatment 12.3.4. Healthcare 12.3.5. Food & Beverage 12.4. Market Attractiveness Analysis By End-User Industry 13. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 13.1. Introduction 13.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2019 to 2023 13.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2024 to 2034 13.3.1. North America 13.3.2. Latin America 13.3.3. East Asia 13.3.4. South Asia Pacific 13.3.5. Western Europe 13.3.6. Eastern Europe 13.3.7. Middle East and Africa (MEA) 13.4. Market Attractiveness Analysis By Region 14. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034 14.4.1. By Country 14.4.1.1. USA 14.4.1.2. Canada 14.4.1.3. Mexico 14.4.2. By System Type 14.4.3. By Application 14.4.4. By Technology 14.4.5. By End-User Industry 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By System Type 14.5.3. By Application 14.5.4. By Technology 14.5.5. By End-User Industry 14.6. Market Trends 14.7. Key Market Participants - Intensity Mapping 14.8. Drivers and Restraints - Impact Analysis 15. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034 15.4.1. By Country 15.4.1.1. Brazil 15.4.1.2. Chile 15.4.1.3. Rest of Latin America 15.4.2. By System Type 15.4.3. By Application 15.4.4. By Technology 15.4.5. By End-User Industry 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By System Type 15.5.3. By Application 15.5.4. By Technology 15.5.5. By End-User Industry 15.6. Market Trends 15.7. Key Market Participants - Intensity Mapping 15.8. Drivers and Restraints - Impact Analysis 16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034 16.4.1. By Country 16.4.1.1. China 16.4.1.2. Japan 16.4.1.3. South Korea 16.4.2. By System Type 16.4.3. By Application 16.4.4. By Technology 16.4.5. By End-User Industry 16.5. Market Attractiveness Analysis 16.5.1. By Country 16.5.2. By System Type 16.5.3. By Application 16.5.4. By Technology 16.5.5. By End-User Industry 16.6. Market Trends 16.7. Key Market Participants - Intensity Mapping 16.8. Drivers and Restraints - Impact Analysis 17. South Asia Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034 17.4.1. By Country 17.4.1.1. India 17.4.1.2. ASEAN 17.4.1.3. ANZ 17.4.1.4. Rest of SAP 17.4.2. By System Type 17.4.3. By Application 17.4.4. By Technology 17.4.5. By End-User Industry 17.5. Market Attractiveness Analysis 17.5.1. By Country 17.5.2. By System Type 17.5.3. By Application 17.5.4. By Technology 17.5.5. By End-User Industry 17.6. Market Trends 17.7. Key Market Participants - Intensity Mapping 17.8. Drivers and Restraints - Impact Analysis 18. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034 18.4.1. By Country 18.4.1.1. Germany 18.4.1.2. Italy 18.4.1.3. France 18.4.1.4. UK 18.4.1.5. Spain 18.4.1.6. BENELUX 18.4.1.7. NORDICS 18.4.1.8. Rest of W. Europe 18.4.2. By System Type 18.4.3. By Application 18.4.4. By Technology 18.4.5. By End-User Industry 18.5. Market Attractiveness Analysis 18.5.1. By Country 18.5.2. By System Type 18.5.3. By Application 18.5.4. By Technology 18.5.5. By End-User Industry 18.6. Market Trends 18.7. Key Market Participants - Intensity Mapping 18.8. Drivers and Restraints - Impact Analysis 19. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 19.1. Introduction 19.2. Pricing Analysis 19.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 19.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034 19.4.1. By Country 19.4.1.1. Russia 19.4.1.2. Poland 19.4.1.3. Hungary 19.4.1.4. Balkan & Baltics 19.4.1.5. Rest of E. Europe 19.4.2. By System Type 19.4.3. By Application 19.4.4. By Technology 19.4.5. By End-User Industry 19.5. Market Attractiveness Analysis 19.5.1. By Country 19.5.2. By System Type 19.5.3. By Application 19.5.4. By Technology 19.5.5. By End-User Industry 19.6. Market Trends 19.7. Key Market Participants - Intensity Mapping 19.8. Drivers and Restraints - Impact Analysis 20. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 20.1. Introduction 20.2. Pricing Analysis 20.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023 20.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2024 to 2034 20.4.1. By Country 20.4.1.1. KSA 20.4.1.2. Other GCC Countries 20.4.1.3. Türkiye 20.4.1.4. South Africa 20.4.1.5. Other African Union 20.4.1.6. Rest of MEA 20.4.2. By System Type 20.4.3. By Application 20.4.4. By Technology 20.4.5. By End-User Industry 20.5. Market Attractiveness Analysis 20.5.1. By Country 20.5.2. By System Type 20.5.3. By Application 20.5.4. By Technology 20.5.5. By End-User Industry 20.6. Market Trends 20.7. Key Market Participants - Intensity Mapping 20.8. Drivers and Restraints - Impact Analysis 21. Country-wise Market Analysis 21.1. Introduction 21.1.1. Market Value Proportion Analysis, By Key Countries 21.1.2. Global Vs. Country Growth Comparison 21.2. USA Market Analysis 21.2.1. By System Type 21.2.2. By Application 21.2.3. By Technology 21.2.4. By End-User Industry 21.3. Canada Market Analysis 21.3.1. By System Type 21.3.2. By Application 21.3.3. By Technology 21.3.4. By End-User Industry 21.4. Mexico Market Analysis 21.4.1. By System Type 21.4.2. By Application 21.4.3. By Technology 21.4.4. By End-User Industry 21.5. Brazil Market Analysis 21.5.1. By System Type 21.5.2. By Application 21.5.3. By Technology 21.5.4. By End-User Industry 21.6. Chile Market Analysis 21.6.1. By System Type 21.6.2. By Application 21.6.3. By Technology 21.6.4. By End-User Industry 21.7. China Market Analysis 21.7.1. By System Type 21.7.2. By Application 21.7.3. By Technology 21.7.4. By End-User Industry 21.8. Japan Market Analysis 21.8.1. By System Type 21.8.2. By Application 21.8.3. By Technology 21.8.4. By End-User Industry 21.9. South Korea Market Analysis 21.9.1. By System Type 21.9.2. By Application 21.9.3. By Technology 21.9.4. By End-User Industry 21.10. India Market Analysis 21.10.1. By System Type 21.10.2. By Application 21.10.3. By Technology 21.10.4. By End-User Industry 21.11. ASEAN Market Analysis 21.11.1. By System Type 21.11.2. By Application 21.11.3. By Technology 21.11.4. By End-User Industry 21.12. ANZ Market Analysis 21.12.1. By System Type 21.12.2. By Application 21.12.3. By Technology 21.12.4. By End-User Industry 21.13. Germany Market Analysis 21.13.1. By System Type 21.13.2. By Application 21.13.3. By Technology 21.13.4. By End-User Industry 21.14. Italy Market Analysis 21.14.1. By System Type 21.14.2. By Application 21.14.3. By Technology 21.14.4. By End-User Industry 21.15. France Market Analysis 21.15.1. By System Type 21.15.2. By Application 21.15.3. By Technology 21.15.4. By End-User Industry 21.16. UK Market Analysis 21.16.1. By System Type 21.16.2. By Application 21.16.3. By Technology 21.16.4. By End-User Industry 21.17. Spain Market Analysis 21.17.1. By System Type 21.17.2. By Application 21.17.3. By Technology 21.17.4. By End-User Industry 21.18. BENELUX Market Analysis 21.18.1. By System Type 21.18.2. By Application 21.18.3. By Technology 21.18.4. By End-User Industry 21.19. NORDICS Market Analysis 21.19.1. By System Type 21.19.2. By Application 21.19.3. By Technology 21.19.4. By End-User Industry 21.20. Russia Market Analysis 21.20.1. By System Type 21.20.2. By Application 21.20.3. By Technology 21.20.4. By End-User Industry 21.21. Poland Market Analysis 21.21.1. By System Type 21.21.2. By Application 21.21.3. By Technology 21.21.4. By End-User Industry 21.22. Hungary Market Analysis 21.22.1. By System Type 21.22.2. By Application 21.22.3. By Technology 21.22.4. By End-User Industry 21.23. Balkan & Baltics Market Analysis 21.23.1. By System Type 21.23.2. By Application 21.23.3. By Technology 21.23.4. By End-User Industry 21.24. KSA Market Analysis 21.24.1. By System Type 21.24.2. By Application 21.24.3. By Technology 21.24.4. By End-User Industry 21.25. Other GCC Countries Market Analysis 21.25.1. By System Type 21.25.2. By Application 21.25.3. By Technology 21.25.4. By End-User Industry 21.26. Türkiye Market Analysis 21.26.1. By System Type 21.26.2. By Application 21.26.3. By Technology 21.26.4. By End-User Industry 21.27. South Africa Market Analysis 21.27.1. By System Type 21.27.2. By Application 21.27.3. By Technology 21.27.4. By End-User Industry 21.28. Other African Union Market Analysis 21.28.1. By System Type 21.28.2. By Application 21.28.3. By Technology 21.28.4. By End-User Industry 22. Market Structure Analysis 22.1. Market Analysis by Tier of Companies 22.2. Market Concentration 22.3. Market Share Analysis of Top Players 22.4. Production Capacity Analysis 22.5. Market Presence Analysis 22.5.1. By Product Footprint of Players 22.5.2. By Regional Footprint of Players 22.5.3. By Application Footprint of Players 23. Competition Analysis 23.1. Competition Dashboard 23.2. Competition Benchmarking 23.3. Competition Deep Dive 23.3.1. Ichor Systems 23.3.1.1. Overview 23.3.1.2. Product Portfolio 23.3.1.3. Profitability by Market Segments (Product/Channel/Region) 23.3.1.4. Sales Footprint 23.3.1.5. Strategy Overview 23.3.2. Harris 23.3.3. Matheson 23.3.4. Air Liquide 23.3.5. FST 23.3.6. Environics 23.3.7. Watlow 23.3.8. Hydro Instruments 23.3.9. Global Environment Engg 23.3.10. GCE 23.3.11. SVCS 23.3.12. Eneva 23.3.13. thyssenkrupp Industries India Pvt. Ltd 23.3.14. MillionK Enerji Kazan Sistemleri 23.3.15. ZELYA Energy 23.3.16. Universal Vortex Inc 23.3.17. Iwatani Corporation 23.3.18. Matheson Tri-Gas, Inc. 23.3.19. Linde plc 23.3.20. Air Products and Chemicals, Inc. 23.3.21. Other Key Players 24. Primary Insights 25. Assumptions and Acronyms Used 26. Research Methodology
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Gas Feed System Market
