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Industrial Gases Market worth $137.9 billion by 2028 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Feb. 13, 2024 /PRNewswire/ — The report “Industrial Gases Market by Type (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Inert Gases), End-use Industry (Chemicals, Electronics, Food & Beverages, Healthcare, Manufacturing, Metallurgy, and Refining), and Region – Global Forecast to 2028″, Industrial Gases Market is projected to grow from USD 105.6 billion in 2023 to USD  137.9 billion by 2028 at a CAGR of 5.5%.

The growing healthcare industry is serving as a major catalyst for the robust growth of the industrial gases market. Industrial gases, such as oxygen, nitrogen, and carbon dioxide, play indispensable roles in various medical applications, including respiratory therapies, medical imaging, and pharmaceutical manufacturing. As the healthcare sector continues to expand globally, driven by an aging population, technological advancements, and increased emphasis on healthcare infrastructure, the demand for industrial gases in critical medical processes is witnessing a significant surge, solidifying their pivotal role in supporting and advancing healthcare services.

Browse in-depth TOC on “Industrial Gases Market”.

158 – Tables
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“By Type, Hydrogen is expected to be third fastest growing gas after Oxygen and Nitrogen during the forecast period.”

Hydrogen stands as the third fastest-growing industrial gas, following oxygen and nitrogen, owing to its versatile applications across diverse industries. Widely recognized for its role in petroleum refining and chemical synthesis, hydrogen is gaining prominence in the emerging field of green energy. It serves as a clean fuel for fuel cells, a promising technology for electric vehicles and stationary power generation. Additionally, hydrogen is integral to industries such as electronics, where it is used in the production of semiconductors, showcasing its pivotal position in advancing both traditional and cutting-edge industrial applications.

“By End-use Industry, food and beverages industry to be the fastest growing end-use industry.”

The food and beverages industry has emerged as the fastest-growing end-use sector in the industrial gases market, driven by an increasing focus on food preservation, quality enhancement, and innovative processing methods. Industrial gases, such as nitrogen and carbon dioxide, play pivotal roles in various applications within this sector. In food preservation, the controlled atmosphere provided by nitrogen helps extend the shelf life of perishable goods, preventing oxidation and microbial growth. Additionally, carbon dioxide is widely used in the carbonation of beverages, contributing to the effervescence in sodas and sparkling drinks.

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Europe is the third largest market after Asia Pacific and North America during the forecast period.”

As the semiconductor industry experiences growth and innovation under the European Chips Act, there is a corresponding opportunity for the industrial gases market in Europe. The increased emphasis on electronic components’ design, manufacturing, and integration into systems, as well as the support for research and innovation in next-generation microprocessors, is likely to spur demand for industrial gases in manufacturing processes, particularly in semiconductor fabrication. This aligns with the broader goal of supporting the digital transformation of the economy and society, fostering advancements in technology, and contributing to the objectives outlined in the European Green Deal, ultimately propelling the growth of the industrial gases market in Europe.

The leading players in the industrial gases market are Air Liquide (France), Linde plc (England), Air Products & Chemicals, Inc. (US), Messer SE & Co. KGaA (Germany), and Nippon Sanso Holdings Corp. (Japan).

Browse Adjacent Market: Mining, Minerals and Metals Market Research Reports & Consulting

Related Reports:

Industrial Nitrogen Market – Global Forecast to 2022

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

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Dreame Unveils PowerSight 40V Series at DREAME NEXT Launch Event 2026: Smart Display, Stable Power, Eco-Friendly Garden Care

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SAN FRANCISCO, April 28, 2026 /PRNewswire/ — Dreame Technology, a global leader in high-end consumer electronics and intelligent manufacturing, has kicked off its highly anticipated DREAME NEXT launch event at the iconic Palace of Fine Arts, running from April 27 to 30, 2026. The centerpiece of the showcase includes the PowerSight™ 40V cordless yard tool series, which is currently available for live demonstrations, with the official global unveiling scheduled for the afternoon of April 28.

As a highly anticipated cross-industry feast attracting global attention from the tech community, the event has gathered numerous renowned scientists and leaders in the technology field. Thousands of guests from more than 50 countries and regions around the world have converged at this iconic venue, including senior industry experts, global core distributors, international mainstream media, and key opinion leaders (KOLs). Beyond these distinguished guests, the event has also drawn significant attention from technology enthusiasts, industry professionals, and eco-conscious homeowners alike, who have flocked to the Palace of Fine Arts to experience Dreame’s latest innovation firsthand. Throughout the first day, Dreame’s team has engaged in extensive one-on-one conversations with visitors, demonstrating the full capabilities of the PowerSight™ 40V lineup, including the chainsaw, 21-inch lawn mower, leaf blower, hedge trimmer, string trimmer, and solar charger.

The official presentation on April 28 will focus on three core technological innovations that set the PowerSight™ 40V series apart:

SyncCore™ Brushless Motor Technology: Delivering competitive power-to-weight ratio with minimal energy loss, ensuring longer runtime and quieter operation compared to traditional motors.Dual-Channel Communication BMS: Enabling instant, lossless communication between battery and tool for stable power delivery, real-time monitoring of voltage, current and temperature, and enhanced safety protection.PowerSight™ Intelligent Display: Providing users with intuitive access to battery level, runtime estimates, and performance metrics, revolutionizing how homeowners interact with their yard tools.

Dreame’s commitment to sustainability is evident throughout the series, with optimized design and enhanced transmission that boost energy efficiency measurably, delivering longer runtime per charge. The system also supports solar charging, allowing users to work with one battery while charging the other with clean, renewable energy—an innovative feature that has resonated strongly with environmentally conscious attendees.

This efficient, cost-saving system represents a great advancement in the field of cordless outdoor equipment, offering a practical, eco-friendly solution for modern garden care needs.

Following the official unveiling, the PowerSight™ 40V series will be available for pre-order, with global availability across major markets expected in the coming months. Detailed pricing and regional availability will be announced later.

About Dreame Technology

Established in 2017, Dreame Technology is a global leader in high-end consumer electronics and intelligent manufacturing with the vision to empower lives through technology. Follow us on Facebook, Instagram, TikTok and Twitter. For more information, visit https://global.dreametech.com/.

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Wilbur Labs 2026 Startup Failure Report Reveals AI Is the Top Threat for Half of Startup Founders

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MIAMI, April 28, 2026 /PRNewswire/ — Today, Wilbur Labs released their 2026 Report on Startup Failure, showing half of founders (50%) identified technological disruption, including AI, as the top threat to their company. Additionally, 59% of founders said they are concerned about their business surviving the next 12 months.

Click here for more information: https://www.wilburlabs.com/blueprints/why-startups-fail

Startup success stories often dominate headlines, but the reality of entrepreneurship is far less predictable. 81% of founders said their company pivoted from its original idea at least once, while 42% said they wish they had pivoted sooner.

“Startups rarely fail because founders lack ambition or intelligence,” said Phil Santoro, Co-Founder of Wilbur Labs. “More often, early assumptions about the market or product turn out to be wrong. The founders who succeed recognize those signals early and adapt.”

Product-market fit remains the biggest challenge
More than half of founders (54%) said their most important lesson from failure was the need to better understand product-market fit. Additionally, 44% cited product or technology issues as the primary cause of failure, and 25% cited running out of money (down from 38% in 2023).

“Even with AI making it easier to iterate than ever, product-market fit is still the foundation of every successful company,” said David Kolodny, Co-Founder of Wilbur Labs. “When founders get that right, a lot of other problems become manageable. When they don’t, challenges like competition, product issues, and capital constraints inevitably follow.”

The human cost of entrepreneurship
Beyond strategy, founders report significant personal strain. Nearly 9 in 10 (90%) said they experienced stress or burnout severe enough to make them consider quitting, while 87% said building a company was lonelier than expected.

Despite these challenges, resilience remains strong. More than 4 in 5 (81%) founders who experienced failure said they would start another company, with 31% motivated to do so immediately.

“Failure is rarely the end of the story. For most entrepreneurs, it’s actually the beginning of the next chapter,” Kolodny said.

Methodology
This study was designed and conducted by Wilbur Labs as part of ongoing research into startup failure and founder experiences. Wilbur Labs engaged Wakefield Research to assist with survey administration. The survey was made up of 200 U.S. tech founders between February 3-12, 2026, via email and online questionnaire. The margin of error is ±6.9 percentage points at the 95% confidence level.

About Wilbur Labs
Wilbur Labs is a startup studio that turns bold ideas into market-leading companies. The studio identifies unsolved customer problems, researches solutions, and builds or invests in companies to solve them. Visit www.wilburlabs.com for more information.

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SOURCE Wilbur Labs

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Aligned Fitness Expands Beyond Southeast With Acquisition of Six Club Pilates Studios in Ohio

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ATLANTA, April 28, 2026 /PRNewswire/ — Aligned Fitness Holdings, a leading franchisee of Club Pilates, has acquired CAM Pilates, a Columbus, Ohio-based franchisee operating six top-performing studios. The transaction expands its total footprint to 55 studios.

The acquisition broadens Aligned Fitness’ geographic reach beyond its established base in the Southeastern United States, where it has locations in North Carolina, Georgia and South Carolina, positioning the company for continued growth across the region and the Mid-Atlantic. By entering the Columbus market, the firm gains access to a high-demand, high-growth metro area while creating additional opportunities for new studio development.

CAM Pilates was founded and operated by Caitlin McTigue and Jason Tomany, widely respected franchisees known for building high-performing studios and a strong culture. Aligned Fitness plans to work closely with the existing team to maintain operational excellence while expanding access to Pilates across the region.

“This acquisition represents a natural extension of our strategy to partner with best-in-class operators in markets where we can build density and scale,” said Jon Smith, chief executive officer of Aligned Fitness Holdings. “Caitlin and Jason have built exceptional studios with a strong community focus, and we are excited to work alongside their team to continue delivering the benefits of Pilates to more people. Entering Columbus also demonstrates that our platform can successfully expand beyond our Southeastern roots into new, high-quality markets.”

Aligned Fitness has grown through a combination of new studio development and targeted acquisitions, focusing on premier franchisees in attractive markets. The addition of CAM Pilates reinforces the company’s position as an emerging multi-state platform in boutique fitness.

The broader boutique fitness industry continues to experience strong momentum, driven by consumer demand for personalized, community-oriented experiences. According to Allied Market Research, the global Pilates and yoga studios market is projected to reach $521 billion by 2035, reflecting a compound annual growth rate of 14.3 percent.

Aligned Fitness will continue to pursue strategic acquisitions and organic growth opportunities to expand its footprint and bring Pilates to more communities across its target regions.

Media contact
Thornton Kennedy
E | thornton@prsouth.net
C | 404 210 0363

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SOURCE Eagle Merchant Partners

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