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2025 U.S. Industry Statistics & Market Forecast - Industrial Gas Manufacturing


Market Size & Industry Statistics

The total U.S. industry market size for Industrial Gas Manufacturing: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Industrial Gas Manufacturing market size 2025
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2020        2021        2022        2023        2024
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.



Industrial Gas Manufacturing market forecast 2024-2028


Forecast / Industry Outlook 2025 2026 2027 2028 2029
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Industrial Gas Manufacturing industry include:
  1. Rising demand from healthcare for medical gases
  2. Shift towards greener technologies
  3. Growth in Asia-Pacific markets
  4. Stringent environmental regulations
  5. Increased use of industrial gases in food and beverage preservation
  6. Advancements in gas production technology
  7. Market consolidation and increase in M&A activities
  8. Pressure from fluctuating energy prices
  9. Expansion in the use of specialty gases in electronics and semiconductors
  10. Impact of global economic fluctuations
  11. Development in on-site and modular gas production facilities
  12. Increased application in water and wastewater treatment


U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Industrial Gas Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Industrial Gas Manufacturing industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Industrial Gas Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 10%

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Chief Executives0%
General and Operations Managers2%
Business and Financial Operations Occupations 6%
Business Operations Specialists 5%
Architecture and Engineering Occupations 6%
Life, Physical, and Social Science Occupations 9%
Office and Administrative Support Occupations 9%
Installation, Maintenance, and Repair Occupations 6%
Other Installation, Maintenance, and Repair Occupations 5%
Production Occupations 40%
Other Production Occupations 30%
Chemical Processing Machine Setters, Operators, and Tenders 13%
Chemical Equipment Operators and Tenders 12%
Packaging and Filling Machine Operators and Tenders 7%
Packaging and Filling Machine Operators and Tenders 7%
Transportation and Material Moving Occupations 7%
Material Moving Workers 5%
Source: Bureau of Labor Statistics


Industrial Gas Manufacturing Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Industrial Gas Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Industrial Gas Manufacturing industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Industrial Gas Manufacturing industry.
Source:
IncFact


Latest Industry News

  • Ingersoll Rand Buys Italian Compressors Maker for $188M - TMIC develops, manufactures and commercialized oil-injected screw compressors, while Adicomp delivers ETO solutions to customers. (07/08/2025)
  • Why Americans Can’t Buy the World’s Best Electric Car - China’s national champion carmaker BYD embodies a state-led industrial model that America may no longer be able to compete with. (07/08/2025)
  • Utthunga and Guidant Launch Center of Manufacturing Excellence to Deliver Export-grade Precision-engineered Systems - Through this collaboration, the center will focus on the assembly and delivery of electronics, terminal automation, and process control systems (07/07/2025)
  • Utthunga and Guidant Launch Center of Manufacturing Excellence in Karnataka - Utthunga partners with Guidant Measurement to establish a Center of Manufacturing Excellence in Karnataka, aiming to strengthen India's role in export-grade manufacturing for the global oil and gas industry. (07/07/2025)
  • Gas Turbine Deployment Necessary To Accelerate Industrial Growth - Experts in the energy sector have advocated deployment of gas turbines to support Nigeria’s drive towards industrialization. (07/07/2025)
  • Six Industrial Tragedies In Five Years: How India Fails Its Factory Workers - The June 30 explosion in the chemical plant in Telegana has brought to light, once again, the lax safety norms and laws that lead to industrial tragedies in India. (07/02/2025)
  • Williams International invests $1B to build aviation gas turbine engine manufacturing facility in Florida - Williams International has announced plans to build a high-volume aviation gas turbine engine manufacturing facility in Crestview, Florida. The company, which designs, manufactures, and supports aviation gas turbine engines, is investing more than $1 billion in the project, creating over 330 jobs. (06/27/2025)
  • Ellenbarrie Industrial Gases IPO Day 3: Subscription Picks Up- What Investors Should Watch - The initial public offering (IPO) of Ellenbarrie Industrial Gases was subscribed 52% as of the third day of bidding on Thursday, up from 31% on Day 2. As of 10:05 AM, the IPO had received bids for 79. (06/26/2025)
  • Ellenbarrie Industrial Gases IPO Day 2 LIVE: Issue subscribed 31% so far. Check GMP, key dates. Apply or not? - The price band is set at ?380 to ?400 per share. The company plans to allocate ?210 cr for debt repayment and ?104.5 cr for a new air separation unit. (06/25/2025)
  • Ellenbarrie Industrial IPO Day 2 update: Subscription lags at 20%, GMP 6% - According to an exchange filing, the company raised ?256 crore from anchor investors ahead of the IPO. Ellenbarrie Industrial Gases allocated around 6.39 million equity shares to 28 entities at the upper-end price of ?400 per share. (06/25/2025)