Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Propellant Gases Market by Type (Hydrocarbon, Dimethyl Ether (DME), Hydrofluorocarbons, Atmospheric Gases, Blends, Others), By Application (Cosmetic, Food, Industrial, Aerospace & Defense, Agriculture Industry, Pharma & Healthcare, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Propellant Gases Market by Type (Hydrocarbon, Dimethyl Ether (DME), Hydrofluorocarbons, Atmospheric Gases, Blends, Others), By Application (Cosmetic, Food, Industrial, Aerospace & Defense, Agriculture Industry, Pharma & Healthcare, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 347170 4200 Chemical & Material 377 239 Pages 5 (45)

Market Overview:

The global propellant gases market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for propellant gases from various end-use industries, such as cosmetics, food, industrial, aerospace & defense, agriculture industry, pharma & healthcare and others. Hydrocarbon is expected to be the fastest-growing type segment of the global propellant gases market during the forecast period. Asia Pacific is projected to be the fastest-growing region in terms of revenue growth during 2018–2030 owing to high economic growth and rising demand for propellant gases from various end-use industries in this region.

Global Propellant Gases Industry Outlook

Product Definition:

A propellant gas is a fluid that is used to create thrust in order to move a object, such as a spacecraft. The importance of propellant gases lies in their ability to provide the necessary force for space exploration and travel.


Hydrocarbon is a general term for organic compounds containing carbon and hydrogen. The most common hydrocarbons are methane, ethane, propane and butanes. These gases are mostly used as propellants in the chemical industry owing to their low molecular weight which makes them ideal for high-pressure processes.

Dimethyl Ether (DME):

Dimethyl ether is a colorless, flammable organic liquid with a characteristic odor. It is produced on purpose in various chemical industries as an important ingredient for manufacturing propellants. The main function of DME is to provide the necessary oxygen content required for the burning of fuel in rocket engines.

DME also serves as an excellent solvent and has been used extensively across several end-use industries such as paints & coatings, pharmaceuticals, chemicals,.

Application Insights:

The global propellant gases market has been segmented on the basis of application into aerospace & defense, food, industrial, and other applications. The aerospace & defense application segment dominated the overall industry in terms of revenue share at 34.3% in 2017 owing to extensive usage as a rocket motor fuel and jet engine fuel.

The industrial gas segment is anticipated to witness significant growth over the forecast period due to increasing use as an extraction medium for fossil fuels including natural gas and petroleum products such as butane, propane and pentane along with their derivatives such as HFCs which are used extensively across several end-use industries including automotive air conditioning systems refrigeration equipment manufacturing among others.

Regional Analysis:

North America was the dominant regional market in 2017 and accounted for over 30% of the global share. The region is expected to witness moderate growth over the forecast period owing to stringent environmental regulations by EPA and CSA is anticipated to propel demand for GHGem among industrial, pharmaceutical, cosmetics application segment. Europe also held a significant share in terms of revenue due to high R&D investments by companies operating in this region coupled with growing aerospace & defense sector mainly UK which has one of the major bases for military aircraft manufacturing across globe.

Growth Factors:

  • Increasing demand for propellant gases in the aerospace and defense sectors due to the growing need for advanced missile systems and aircrafts.
  • Rising demand from the medical sector for use in inhalers, nebulizers, and other medical devices.
  • Growing popularity of propane-powered vehicles as a more environmentally friendly alternative to gasoline-powered vehicles.
  • Increasing use of propellant gases in food packaging and refrigeration industries due to their ability to prolong shelf life and maintain food quality.
  • Technological advancements that have led to the development of new applications for propellant gases such as fuel cells and energy storage systems

Scope Of The Report

Report Attributes

Report Details

Report Title

Propellant Gases Market Research Report

By Type

Hydrocarbon, Dimethyl Ether (DME), Hydrofluorocarbons, Atmospheric Gases, Blends, Others

By Application

Cosmetic, Food, Industrial, Aerospace & Defense, Agriculture Industry, Pharma & Healthcare, Others

By Companies

GTS SPA, Synthesis Chimica S.r.l, Repsol, Linde, Honeywell, EURENCO/Saab, DAIKIN

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Propellant Gases Market Report Segments:

The global Propellant Gases market is segmented on the basis of:


Hydrocarbon, Dimethyl Ether (DME), Hydrofluorocarbons, Atmospheric Gases, Blends, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Cosmetic, Food, Industrial, Aerospace & Defense, Agriculture Industry, Pharma & Healthcare, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. GTS SPA
  2. Synthesis Chimica S.r.l
  3. Repsol
  4. Linde
  5. Honeywell
  6. EURENCO/Saab

Global Propellant Gases Market Overview

Highlights of The Propellant Gases Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Hydrocarbon
    2. Dimethyl Ether (DME)
    3. Hydrofluorocarbons
    4. Atmospheric Gases
    5. Blends
    6. Others
  1. By Application:

    1. Cosmetic
    2. Food
    3. Industrial
    4. Aerospace & Defense
    5. Agriculture Industry
    6. Pharma & Healthcare
    7. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Propellant Gases Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Propellant Gases Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Propellant gases are used in rockets and missiles to provide the energy that propels them through the air or into space. Propellant gases come in a variety of types, including hydrogen gas, oxygen gas, and nitrogen gas.

Some of the key players operating in the propellant gases market are GTS SPA, Synthesis Chimica S.r.l, Repsol, Linde, Honeywell, EURENCO/Saab, DAIKIN.

The propellant gases market is expected to grow at a compound annual growth rate of 5.5%.

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Propellant Gases Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Propellant Gases Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Propellant Gases Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Propellant Gases Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Propellant Gases Market Size & Forecast, 2020-2028       4.5.1 Propellant Gases Market Size and Y-o-Y Growth       4.5.2 Propellant Gases Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Hydrocarbon
      5.2.2 Dimethyl Ether (DME)
      5.2.3 Hydrofluorocarbons
      5.2.4 Atmospheric Gases
      5.2.5 Blends
      5.2.6 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Cosmetic
      6.2.2 Food
      6.2.3 Industrial
      6.2.4 Aerospace & Defense
      6.2.5 Agriculture Industry
      6.2.6 Pharma & Healthcare
      6.2.7 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Propellant Gases Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Propellant Gases Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Hydrocarbon
      9.6.2 Dimethyl Ether (DME)
      9.6.3 Hydrofluorocarbons
      9.6.4 Atmospheric Gases
      9.6.5 Blends
      9.6.6 Others
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Cosmetic
      9.10.2 Food
      9.10.3 Industrial
      9.10.4 Aerospace & Defense
      9.10.5 Agriculture Industry
      9.10.6 Pharma & Healthcare
      9.10.7 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Hydrocarbon
      10.6.2 Dimethyl Ether (DME)
      10.6.3 Hydrofluorocarbons
      10.6.4 Atmospheric Gases
      10.6.5 Blends
      10.6.6 Others
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Cosmetic
      10.10.2 Food
      10.10.3 Industrial
      10.10.4 Aerospace & Defense
      10.10.5 Agriculture Industry
      10.10.6 Pharma & Healthcare
      10.10.7 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Hydrocarbon
      11.6.2 Dimethyl Ether (DME)
      11.6.3 Hydrofluorocarbons
      11.6.4 Atmospheric Gases
      11.6.5 Blends
      11.6.6 Others
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Cosmetic
      11.10.2 Food
      11.10.3 Industrial
      11.10.4 Aerospace & Defense
      11.10.5 Agriculture Industry
      11.10.6 Pharma & Healthcare
      11.10.7 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Hydrocarbon
      12.6.2 Dimethyl Ether (DME)
      12.6.3 Hydrofluorocarbons
      12.6.4 Atmospheric Gases
      12.6.5 Blends
      12.6.6 Others
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Cosmetic
      12.10.2 Food
      12.10.3 Industrial
      12.10.4 Aerospace & Defense
      12.10.5 Agriculture Industry
      12.10.6 Pharma & Healthcare
      12.10.7 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Hydrocarbon
      13.6.2 Dimethyl Ether (DME)
      13.6.3 Hydrofluorocarbons
      13.6.4 Atmospheric Gases
      13.6.5 Blends
      13.6.6 Others
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Cosmetic
      13.10.2 Food
      13.10.3 Industrial
      13.10.4 Aerospace & Defense
      13.10.5 Agriculture Industry
      13.10.6 Pharma & Healthcare
      13.10.7 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Propellant Gases Market: Competitive Dashboard
   14.2 Global Propellant Gases Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 GTS SPA
      14.3.2 Synthesis Chimica S.r.l
      14.3.3 Repsol
      14.3.4 Linde
      14.3.5 Honeywell
      14.3.6 EURENCO/Saab
      14.3.7 DAIKIN

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