Egypt Industrial Gases Market, By Product (Oxygen, Nitrogen, Carbon Dioxide, Hydrogen, Argon, Helium), By Mode of Distribution (Tonnage/Gaseous, Bulk & Cylinder, Packaged), By Region, Competition, Forecast, and Opportunities, 2028F
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Industrial Gases Market, By Product (Oxygen, Nitrogen, Carbon Dioxide, Hydrogen, Argon, Helium), By Mode of Distribution (Tonnage/Gaseous, Bulk & Cylinder, Packaged), By Region, Competition, Forecast, and Opportunities, 2028F
Egypt industrial gases market is expected to grow at a significantly high rate during the forecast period, owing to
The industrial gases market in Egypt is a rapidly growing industry that is driven by the country's economic growth and increasing demand from various sectors. Industrial gases such as oxygen, nitrogen, and hydrogen are widely used in the manufacturing, healthcare, food and beverage, and chemical industries. All gases have different characteristics which make them beneficial to use in different applications.
The market for industrial gases in Egypt is dominated by multinational companies such as Air Liquide, Linde Group, and Praxair, which have a strong presence in the country. These companies provide a wide range of products and services including on-site gas production, gas distribution, and gas equipment in the region.
Growing Demand from Healthcare Sector is Driving Egypt Industrial Gases Market Growth
Egypt's healthcare sector is rapidly growing, with the government investing heavily in expanding healthcare infrastructure and increasing access to medical services for its citizens. This growth has had a significant impact on the industrial gases market in Egypt, with an increasing demand for medical gases such as oxygen, nitrogen, and helium.
According to the Ministry of Health and Population in Egypt, the government has allocated approximately USD 8 billion for the healthcare sector in its 2021-2022 budget, representing a 21% increase compared to the previous year
The government has taken several steps to regulate the industrial gases market in Egypt to ensure that medical gases are produced and distributed safely and efficiently. The Egyptian Organization for Standardization and Quality (EOS) has established standards for the production and distribution of industrial gases, including medical gases, to ensure that they meet the required quality and safety standards.
According to a report by the World Trade Organization, Egypt is one of the largest importers of medical gases in the world, with a significant proportion of its medical gases imported from other countries
Growing Demand from Healthcare Sector is Driving Egypt Industrial Gases Market
The Egypt industrial gases market is expected to grow at a significantly high pace during the forecast period, owing to the increasing demand for these gases from various industries, including the chemical sector. Industrial gases such as oxygen, nitrogen, hydrogen, and carbon dioxide are used in various chemical processes such as gasification, refining, and synthesis. These gases are also used in the production of fertilizers, plastics, and other chemicals.
According to a report by the Chemicals and Fertilizers Export Council (CFEC), the chemical sector in Egypt grew by 10.2% in 2020, reaching a total value of USD 5.3 billion.
As the chemical sector continues to grow, the demand for industrial gases is expected to increase significantly. The government has recognized the importance of this sector and has taken several initiatives to support its growth. For instance, the government has established the National Chemicals and Petrochemicals Company to oversee the development of the chemical sector in Egypt. The government has also implemented several policies aimed at promoting investments in the sector, such as tax incentives and subsidies for new projects.
The government has also been working to improve the infrastructure for the production and distribution of industrial gases. For instance, the government has invested in the expansion of the natural gas grid, which is a major source of hydrogen and nitrogen. The government has also established several industrial zones and parks that provide the necessary infrastructure for the production and distribution of industrial gases. The government has recognized the importance of this sector and has taken several initiatives to support its growth. As the chemical sector continues to grow, the demand for industrial gases is expected to increase significantly, creating opportunities for companies operating in this market.
Increasing Applications of Industrial Gas in Food Processing Industries
The Egypt industrial gases market is expected to experience significant growth in the coming years, driven by the increasing demand for these gases from various industries, including the food processing industry. Industrial gases such as nitrogen, carbon dioxide, and oxygen are widely used in the food processing industry for various applications, including freezing, chilling, carbonation, and modified atmosphere packaging.
According to a report by the Ministry of Industry and Trade, the food processing industry in Egypt is expected to register a CAGR of 6.2% from 2021 to 2026. The report also indicates that the industry is expected to reach a value of USD 25.6 billion by 2026.
As the food processing industry continues to grow, the demand for industrial gases is expected to increase significantly. The government has recognized the importance of this industry and has taken several initiatives to support its growth. For instance, the government has established the Food Safety Authority to oversee the development of the food processing industry in Egypt. The government has also implemented several policies aimed at promoting investments in the industry, such as tax incentives and subsidies for new projects.
The government has been working to improve the infrastructure for the production and distribution of industrial gases. For instance, the government has invested in the expansion of the natural gas grid, which is a major source of nitrogen and oxygen. The government has also established several industrial zones and parks that provide the necessary infrastructure for the production and distribution of industrial gases.
The growing food processing industry in Egypt is expected to have a significant impact on the industrial gases market. The government has recognized the importance of this industry and has taken several initiatives to support its growth. As the food processing industry continues to grow, the demand for industrial gases is expected to increase significantly, creating opportunities for companies operating in this market. With the government's support and favorable policies, the Egypt industrial gases market is poised for significant growth during the forecast period.
Recent Developments
- In 2018, the merger of Linde AG and Praxair Inc created the world's largest industrial gases company, with a combined revenue of USD 28 billion. The merger also had a significant impact on the Egypt market, as both companies have a strong presence in the country.
- In 2019, Teyseer Group has acquired the Air Liquide Egypt to expand their brand product portfolio and increase the profitability.. Teyseer Group is a Qatar-based conglomerate with interests in various sectors, including industrial gases. The acquisition of Air Liquide Egypt, which was previously owned by Air Liquide, one of the world's leading industrial gases companies. This Acquisition enabled Teyseer Group to expand its presence in the Egypt market significantly.
Market Segmentation
Egypt Industrial Gases Market
Company Profiles
Linde AG Egypt, Air Liquide SA Egypt, Gulf Cryo Egypt, Taiyo Nippon Sanso Engineering Corp Egypt, Egyptian International Gas Company (Gastec)
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Product Type · Mode of Distribution |
| Regional scope | Cairo, Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt |
| Key companies profiled | Linde AG Egypt, Air Liquide SA Egypt, Gulf Cryo Egypt, Taiyo Nippon Sanso Engineering Corp Egypt, Egyptian International Gas Company (Gastec) |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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