Regional markets: Focus on North America (2022/23)


In the context of a global industrial gases market that rose to around $96.7bn in value in 2022, the North American market – led by the dominant US gases industry – remains at the forefront with the Asia-Pacific market approaching in the rear-view mirror.

Such is the stature of the US gases market, in fact, that North America accounts for around a third of the global business, valued at circa $32.7bn in 2022 and with north of 1,500 known production facilities across the region.

Here in this first Regional Markets update of the New Year, we take a whistlestop tour of the Canadian, Mexican and US industrial gas markets in the last couple of years, with data and analysis from gasworld Business Intelligence.


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