Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial Gas Storage Cabinets Market by Type (Wet Storage Cabinets, Dry Storage Cabinets), By Application (Biogas, Oxygen, Hydrogen, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial Gas Storage Cabinets Market by Type (Wet Storage Cabinets, Dry Storage Cabinets), By Application (Biogas, Oxygen, Hydrogen, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 136729 3300 Machinery & Equipment 377 232 Pages 4.9 (46)

Market Overview:

The global industrial gas storage cabinets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial gases, such as oxygen, hydrogen and biogas, across various industries. In addition, the growing adoption of dry storage cabinets in place of wet storage cabinets is also contributing to the growth of this market. Based on type, the global industrial gas storage cabinets market can be segmented into wet storage cabinets and dry storage cabinets. The dry storage cabinet segment is expected to grow at a higher CAGR than the wet cabinet segment during the forecast period from 2018 to 2030. This can be attributed to factors such as lower installation and maintenance costs associated with dry cabinet systems and their ability to store gases under high pressure conditions without any leakage or explosion risks. Based on application, the global industrial gas Storage Cabinets Market can be divided into biogas production, oxygen production, hydrogen production and other applications segments. Among these segments, biogas production is expected witness highest growth rate over next few years owing rising demand for bio-based fuels across globe .

Global Industrial Gas Storage Cabinets Industry Outlook

Product Definition:

Industrial gas storage cabinets are designed to store and protect compressed gases in an industrial or commercial setting. The cabinets are typically made of steel and have a locking door to keep the gas inside. They may also have a gauge or other indicator to show how much gas is left in the cabinet. Industrial gas storage cabinets are important for safety reasons, as they help keep compressed gases from leaking out and creating a dangerous environment.

Wet Storage Cabinets:

Wet storage cabinets are used for the safe and secure transportation of liquefied industrial gases. They are designed, manufactured and installed as per the international safety standards to store various types of Liquefied Gases (LPG) including LNG, LNGLNG, CNG and other gaseous fuels in liquid form.

Dry Storage Cabinets:

Dry storage cabinets are used to store various industrial gases such as nitrogen, argon, carbon dioxide and others in large quantities. These dry storage cabinets are made up of different materials including wood, plastic and steel. The material used is very important while making the cabinet as it should be able to withstand high pressure and temperature without getting affected by the gas stored inside it. The size of these dry storage cabinets also depends upon the type of gas that is being stored inside it.

Application Insights:

The global demand for industrial gases, such as oxygen, hydrogen and biogas is increasing owing to the growing demand for these gases in various applications across several end-use industries. The application segment of the global market has been further categorized into two sub-segments namely wet storage cabinets and dry storage cabinets.

Wet storage cabinets held a major share of over 60% in 2017 owing to its higher capacity utilization compared to its dry counterpart. Industrial gas stored in wet storage are utilized directly by the equipment without any additional processing or separation which increases their penetration rate among other applications where high purity levels are required such as pharmaceuticals, chemical manufacturing and food & beverage sector among others.

Industrial gases including oxygen, hydrogen and biogas have found wide application scope within the pharmaceutical industry due to their ability to deliver precise amounts at required intervals during drug manufacturing process resulting into increased product quality which eventually boosts their penetration rate further contributing towards significant market growth over forecast period.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of wet storage cabinets whereas dry storage cabinets are more prevalent in countries such as Japan, South Korea, and Germany. Increasing industrialization across emerging economies such as China and India coupled with increasing energy demand from manufacturing sectors is anticipated to drive the growth of industrial gas storage systems in Asia Pacific region.

Europe accounted for a significant share owing to stringent regulations imposed on waste management practices by various regulatory bodies including EU5 (European Union), ECHA (European Commission), BSI (Bundesamt fur Sicherheit im Landeingang von Arbeiten) and DIN (Deutsches Institut für Normung). These regulatory measures have forced industry participants operating within Europe's waste management sector to come up with innovative solutions for long-term sustainable solutions that meet environmental standards while also reducing operational costs associated with transportation of gases across regions.

Growth Factors:

  • Increasing demand for industrial gas storage cabinets in various industries owing to the benefits offered by them such as longer shelf life, easy handling, and better safety.
  • Growing popularity of industrial gas storage cabinets among small-scale businesses due to their low cost and easy installation.
  • Rising investments by leading players in research and development activities to develop innovative products that can cater to the changing needs of consumers.
  • Proliferation of online retail platforms that offer a wide range of industrial gas storage cabinets at competitive prices, making them more accessible to consumers worldwide. 5

Scope Of The Report

Report Attributes

Report Details

Report Title

Industrial Gas Storage Cabinets Market Research Report

By Type

Wet Storage Cabinets, Dry Storage Cabinets

By Application

Biogas, Oxygen, Hydrogen, Other

By Companies

Air Liquide, Air Products and Chemicals, DENIOS, Iwatani, Linde Group, TAIYO NIPPON SANSO, ...

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 Industrial Gas Storage Cabinets Market Report Segments:

The global Industrial Gas Storage Cabinets market is segmented on the basis of:


Wet Storage Cabinets, Dry Storage Cabinets

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.


Biogas, Oxygen, Hydrogen, Other

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. Air Liquide
  2. Air Products and Chemicals
  4. Iwatani
  5. Linde Group
  7. ...

Global Industrial Gas Storage Cabinets Market Overview

Highlights of The Industrial Gas Storage Cabinets 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. Wet Storage Cabinets
    2. Dry Storage Cabinets
  1. By Application:

    1. Biogas
    2. Oxygen
    3. Hydrogen
    4. Other
  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 Industrial Gas Storage Cabinets 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 Industrial Gas Storage Cabinets 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?

Industrial gas storage cabinets are typically used in factories, warehouses, and other industrial settings to store natural gas. These cabinets can hold a variety of different types of natural gas, including methane, propane, and butane.

Some of the major players in the industrial gas storage cabinets market are Air Liquide, Air Products and Chemicals, DENIOS, Iwatani, Linde Group, TAIYO NIPPON SANSO.

The industrial gas storage cabinets market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Industrial Gas Storage Cabinets Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Industrial Gas Storage Cabinets Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Industrial Gas Storage Cabinets Market - Supply Chain
   4.5. Global Industrial Gas Storage Cabinets Market Forecast
      4.5.1. Industrial Gas Storage Cabinets Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Industrial Gas Storage Cabinets Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Industrial Gas Storage Cabinets Market Absolute $ Opportunity

5. Global Industrial Gas Storage Cabinets Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Industrial Gas Storage Cabinets Market Size and Volume Forecast by Type
      5.3.1. Wet Storage Cabinets
      5.3.2. Dry Storage Cabinets
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Industrial Gas Storage Cabinets Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Industrial Gas Storage Cabinets Market Size and Volume Forecast by Application
      6.3.1. Biogas
      6.3.2. Oxygen
      6.3.3. Hydrogen
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Industrial Gas Storage Cabinets Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Industrial Gas Storage Cabinets Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Industrial Gas Storage Cabinets Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Industrial Gas Storage Cabinets Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Industrial Gas Storage Cabinets Demand Share Forecast, 2019-2029

9. North America Industrial Gas Storage Cabinets Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Industrial Gas Storage Cabinets Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Industrial Gas Storage Cabinets Market Size and Volume Forecast by Application
      9.4.1. Biogas
      9.4.2. Oxygen
      9.4.3. Hydrogen
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Industrial Gas Storage Cabinets Market Size and Volume Forecast by Type
      9.7.1. Wet Storage Cabinets
      9.7.2. Dry Storage Cabinets
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Industrial Gas Storage Cabinets Demand Share Forecast, 2019-2029

10. Latin America Industrial Gas Storage Cabinets Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Industrial Gas Storage Cabinets Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Industrial Gas Storage Cabinets Market Size and Volume Forecast by Application
      10.4.1. Biogas
      10.4.2. Oxygen
      10.4.3. Hydrogen
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Industrial Gas Storage Cabinets Market Size and Volume Forecast by Type
      10.7.1. Wet Storage Cabinets
      10.7.2. Dry Storage Cabinets
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Industrial Gas Storage Cabinets Demand Share Forecast, 2019-2029

11. Europe Industrial Gas Storage Cabinets Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Industrial Gas Storage Cabinets Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Industrial Gas Storage Cabinets Market Size and Volume Forecast by Application
      11.4.1. Biogas
      11.4.2. Oxygen
      11.4.3. Hydrogen
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Industrial Gas Storage Cabinets Market Size and Volume Forecast by Type
      11.7.1. Wet Storage Cabinets
      11.7.2. Dry Storage Cabinets
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Industrial Gas Storage Cabinets Demand Share, 2019-2029

12. Asia Pacific Industrial Gas Storage Cabinets Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Industrial Gas Storage Cabinets Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Industrial Gas Storage Cabinets Market Size and Volume Forecast by Application
      12.4.1. Biogas
      12.4.2. Oxygen
      12.4.3. Hydrogen
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Industrial Gas Storage Cabinets Market Size and Volume Forecast by Type
      12.7.1. Wet Storage Cabinets
      12.7.2. Dry Storage Cabinets
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Industrial Gas Storage Cabinets Demand Share, 2019-2029

13. Middle East & Africa Industrial Gas Storage Cabinets Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Industrial Gas Storage Cabinets Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Industrial Gas Storage Cabinets Market Size and Volume Forecast by Application
      13.4.1. Biogas
      13.4.2. Oxygen
      13.4.3. Hydrogen
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Industrial Gas Storage Cabinets Market Size and Volume Forecast by Type
      13.7.1. Wet Storage Cabinets
      13.7.2. Dry Storage Cabinets
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Industrial Gas Storage Cabinets Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Industrial Gas Storage Cabinets Market: Market Share Analysis
   14.2. Industrial Gas Storage Cabinets Distributors and Customers
   14.3. Industrial Gas Storage Cabinets Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Air Liquide Overview Financials Developments Strategic Outlook
      14.4.2. Air Products and Chemicals Overview Financials Developments Strategic Outlook
      14.4.3. DENIOS Overview Financials Developments Strategic Outlook
      14.4.4. Iwatani Overview Financials Developments Strategic Outlook
      14.4.5. Linde Group Overview Financials Developments Strategic Outlook
      14.4.6. TAIYO NIPPON SANSO Overview Financials Developments Strategic Outlook
      14.4.7. ... Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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