According to our (Global Info Research) latest study, the global Gases for Refrigeration and Freezing market size was valued at US$ 5877 million in 2025 and is forecast to a readjusted size of US$ 8602 million by 2032 with a CAGR of 5.9% during review period.
Gases for Refrigeration and Freezing refer to functional gases utilized for the low-temperature storage, rapid freezing, refrigerated transport, and controlled-atmosphere preservation of food products, pharmaceuticals, fresh produce, and industrial goods. These gases primarily include liquid nitrogen, liquid carbon dioxide, dry ice, nitrogen gas, and nitrogen-carbon dioxide mixtures.
The upstream segment of the industry encompasses air separation, carbon dioxide recovery and purification, cryogenic liquefaction, dry ice manufacturing, storage tanks, gas cylinders, valves, and distribution equipment. The downstream segment finds application in fields such as food processing, cold chain logistics, supermarket and warehouse storage, pharmaceutical refrigeration, fresh produce distribution, and laboratory cryogenic preservation.
Globally, the market for refrigeration and freezing gases commands an average unit price of $420 per cubic meter, with a total global sales volume of approximately 13.6 million cubic meters. The industry's annual production capacity ranges from 15 million to 16.5 million cubic meters, and the sector maintains a profit margin of approximately 28%.
Moving forward, the global market for refrigeration and freezing gases is poised for growth, driven by the enhancement of cold chain infrastructure, the expansion of the frozen food sector, upgrades in pharmaceutical cold chains, and the development of e-commerce for fresh produce. The scope of application is expected to broaden beyond traditional food freezing to encompass vaccines, biological samples, precision materials, and cross-border cold chain transport. Liquid nitrogen, liquid carbon dioxide, and dry ice will continue to occupy a pivotal position within the market, owing to their rapid cooling capabilities, stable temperature control, and suitability for short-term refrigeration and emergency transport scenarios. Concurrently, rising customer expectations regarding food quality, transport safety, low-carbon operations, and supply continuity are compelling gas suppliers to evolve toward a comprehensive service model—integrating "gases + equipment + temperature control solutions + on-site services." Consequently, the development of robust regional distribution networks and reliable supply capabilities will emerge as key focal points for market competition.
This report is a detailed and comprehensive analysis for global Gases for Refrigeration and Freezing market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Gases for Refrigeration and Freezing market size and forecasts, in consumption value ($ Million), sales quantity (K Cubic Meters), and average selling prices (US$/Cubic Meter), 2021-2032
Global Gases for Refrigeration and Freezing market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Cubic Meters), and average selling prices (US$/Cubic Meter), 2021-2032
Global Gases for Refrigeration and Freezing market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Cubic Meters), and average selling prices (US$/Cubic Meter), 2021-2032
Global Gases for Refrigeration and Freezing market shares of main players, shipments in revenue ($ Million), sales quantity (K Cubic Meters), and ASP (US$/Cubic Meter), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Gases for Refrigeration and Freezing
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Gases for Refrigeration and Freezing market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Linde, Air Products, Messer, Airgas, Nippon Sanso, Iwatani, Air Water, SOL Group, Yingde Gases, Hangyang, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Gases for Refrigeration and Freezing market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Liquid Nitrogen
Liquid Carbon Dioxide
Dry Ice
Nitrogen Gas
Carbon Dioxide Gas
Nitrogen and Carbon Dioxide Mixture
Market segment by Physical Form
Cryogenic Liquid
Compressed Gas
Solid Refrigerant
Gas Mixture
Market segment by Temperature Range
Chilled Temperature Gas
Frozen Temperature Gas
Deep-Frozen Temperature Gas
Ultra-Low Temperature Gas
Market segment by Application
Food Processing Plants
Cold Chain Logistics Providers
Supermarket and Retail Cold Storage
Pharmaceutical Companies
Hospitals and Laboratories
E-commerce Fresh Food Platforms
Others
Major players covered
Linde
Air Products
Messer
Airgas
Nippon Sanso
Iwatani
Air Water
SOL Group
Yingde Gases
Hangyang
Jinhong Gas
Huate Gas
KMT Gas
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gases for Refrigeration and Freezing product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Gases for Refrigeration and Freezing, with price, sales quantity, revenue, and global market share of Gases for Refrigeration and Freezing from 2021 to 2026.
Chapter 3, the Gases for Refrigeration and Freezing competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gases for Refrigeration and Freezing breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Gases for Refrigeration and Freezing market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Gases for Refrigeration and Freezing.
Chapter 14 and 15, to describe Gases for Refrigeration and Freezing sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Gases for Refrigeration and Freezing. Industry analysis & Market Report on Gases for Refrigeration and Freezing is a syndicated market report, published as Global Gases for Refrigeration and Freezing Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Gases for Refrigeration and Freezing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.