May Bulletin: The UK Industrial Gas Market: A Mature Market at a Crossroads
Hello, and welcome to the latest instalment of the monthly Bulletin from gasworld’s Intelligence team. This month, we take a closer look at the industrial gases market in the United Kingdom – a mature, highly consolidated market that, despite economic challenges and sectoral stagnation, is showing signs of resilience and selective innovation.
In 2024, the UK gases market returned to a valuation of $1.98bn – marking a return to its 2007 peak following years of contraction and gradual recovery. What underpins this performance? What are the unique features of the British market? And where might future opportunities lie for gas companies in the region?
The following analysis is derived from our newly published UK Country Report, which is available for purchase here.
