The global compressed gas market is experiencing significant growth, with a projected CAGR of 5.2% from 2025 to 2030, reaching a size of USD 4,594.94 million in 2024. Compressed gases, such as compressed natural gas (CNG), hydrogen, and compressed air, are gaining traction due to their critical role in various industries and applications like energy storage, transportation, and industrial processes. These gases are stored in high-pressure containers, allowing for efficient storage and transportation. Oxygen, nitrogen, and carbon dioxide are key products in this segment, finding extensive use in industries like healthcare, manufacturing, and agriculture. Oxygen, for example, is essential in medical treatments and industrial processes like welding, while nitrogen is known for its inert properties and is widely used in electronics and food processing. Carbon dioxide is crucial in sectors like food and beverage, acting as a carbonator and refrigerant. The demand for cleaner energy solutions is driving the adoption of compressed natural gas (CNG) and hydrogen, with a focus on reducing emissions and meeting environmental regulations. Despite challenges like high storage pressures and safety risks associated with hydrogen, its role in fuel cell technology and energy storage systems is growing. Compressed gases are vital for industries like healthcare, pharmaceuticals, and manufacturing, supporting critical processes and innovation. Advancements in storage, transportation, and application technologies are further enhancing the utility of compressed gases across key end-use segments. On-site generation, where gases are produced directly at the customer's location, is a favored distribution channel for industries with high and consistent gas consumption, eliminating the need for transportation and ensuring a reliable supply.