- Industrial gases are critical computing systems used across various industries, providing high-performance processing, security, and reliability for complex operations. They are extensively utilized in Banking, Financial Services, and Insurance (BFSI), healthcare, and government sectors
- The growing emphasis on environmental sustainability is also driving demand for industrial oxygen
- For instance, the Swiss Federal Office for the Environment (FOEN) published a report on the country's efforts to meet carbon reduction targets. The report highlighted the role of oxygen in cleaner energy production, particularly in oxy-fuel combustion systems used in power plants
- The increased use of industrial oxygen for efficient energy generation is contributing to Switzerland's environmental goals, and this demand is expected to grow as the country continues to prioritize green technologies
Frequently Asked Questions
The Oxygen segment is expected to dominate the Switzerland industrial gases market, holding a major market share in 2025.
The growth of the Industrial gases market is driven by rising demand for industrial oxygen across various applications, expanding use of industrial gases in the oil and gas industry, and increasing demand for sustainable and green energy solutions.
The Industrial gases market faces challenges such as high initial capital requirement and energy supply dependence and vulnerability to market fluctuations.
