Delray Beach, FL, Oct. 03, 2024 (GLOBE NEWSWIRE) -- The Industrial Gases Market is projected to grow from USD 105.6 billion in 2023 to USD 137.9 billion by 2028 at a CAGR of 5.5%, as per the recent study by MarketsandMarkets. The growing fields of metallurgy and the healthcare industry are pivotal drivers for the expansion of the industrial gas market. In metallurgy, industrial gases such as oxygen, nitrogen, and argon play crucial roles in various processes. Oxygen is often used in steel production for combustion, while nitrogen and argon find application in processes like metal cutting and welding. As metallurgical activities increase globally, the demand for these industrial gases rises, propelling market growth.