Africa Industrial Gases Market Outlook 2030: Leading Companies and Share Insights

Jackson Harris
21 hours ago
3 min read

Future of Africa Industrial Gases Market: Key Dynamics, Size & Share Analysis

The Africa Industrial Gases Market size is valued at around USD 4.38 billion in 2025 and is projected to reach USD 5.31 billion by 2032. Along with this, the market is estimated to grow at a CAGR of around 3.94% during the forecast period, i.e., 2026-32.

Top Challenges Impacting the Africa Industrial Gases Market Growth

High under-recovery tariffs and distortive fiscal regimes distort the true cost of industrial gas supply. Because many African power and gas utilities operate with tariffs set below cost, governments subsidize energy, reducing incentives for industrial gas projects to scale. For instance, in Nigeria, over 55% of natural gas is sold below supply cost, putting pressure on utility margins and discouraging private capital in gas infrastructure. This gap forces gas suppliers to absorb cross-subsidy burdens or demand risk premiums, raising delivered gas prices by 10-25%. Without reforms to align tariffs with costs and rationalize fiscal burdens, industrial gas growth faces structural drag.

Understanding the Core Segments in the Africa Industrial Gases Market

Africa Industrial Gases Market Size, Share & Industry Trends Analysis- By Gas (Nitrogen, Oxygen, Carbon dioxide, Argon, Hydrogen, Helium, Acetylene, Others), By Application (Combustion and process oxygen, Welding and metal fabrication, Inerting blanketing and heat treating, Cryogenics and liquefaction, Chemical synthesis and hydrogenation, Purging and purifications, Analytical and calibration, By Supply Mode (Packaged Gas Supply (Merchant Sales), Bulk or Liquid Gas Supply, Onsite Generation or Pipeline Supply, Gas-as-a-Service Model, By End-User Industry (Oil and Gas, Petrochemicals and Chemicals, Power and Energy, Mining, Steelmaking, Metals, Healthcare, Food and Beverages, Fertilizers, Others), and others.

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Geographical Analysis of the Africa Industrial Gases Market

South Africa
Egypt
Algeria
Nigeria
Morocco
Rest of Africa

Who Dominates the Africa Industrial Gases Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

Afrox
Air Liquide Africa
Boc Gases Nigeria
Carbacid Investments
Ewig Gases
Gogas (Egypt)
Messer Group
Nigerian Oxygen Limited
Siyakhula Industrial Gases
Tanzania Oxygen Limited and others.

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