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Industrial Gases Market | Global Industry Report, 2031 Similar to other industries, the global industrial gases market was negatively affected by COVID-19. Lockdown and shutting down businesses led to disruption in value chain. Even though the coronavirus pandemic has weakened all the businesses in the industrial gases market, manufacturers are creating potential opportunities, owing to increasing applications of industrial gases in various end-use industries across the globe. Increasing demand for oxygen, nitrogen, carbon dioxide, hydrogen, and argon in different end-use industries such as consumer electronics, semiconductors, food & beverages, healthcare, mining, etc. is generating revenue streams for manufacturers in the industrial gases market.