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Oxygen & Hydrogen Gas Manufacturing in Ontario

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS ON32512CA

Oxygen & Hydrogen Gas Manufacturing in Ontario industry analysis

Revenue for the Oxygen & Hydrogen Gas Manufacturing industry in Ontario is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x%. The number of industry establishments is forecast to stagnate x% to xx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Oxygen & Hydrogen Gas Manufacturing in Ontario Market Research Report

What’s Included in the Oxygen & Hydrogen Gas Manufacturing in Ontario Market Research Report

Definition of the Oxygen & Hydrogen Gas Manufacturing in Ontario?

This industry manufactures the following industrial gas products: carbon dioxide (dry ice); air-separated gases, such as nitrogen, oxygen and argon; steam-reformed gases, such as hydrogen, carbon monoxide and helium; and specialty gases, such as refrigerants and propellants. Gases are then supplied to customers via on-site air production plants, pipelines, rail or compressed cylinders. This industry does not include the production of natural gas-based fuels such as methane or propane.

What’s included in the Oxygen & Hydrogen Gas Manufacturing in Ontario?

The Oxygen & Hydrogen Gas Manufacturing in Ontario includes manufacturing industrial gases in general, separating atmospheric air into its gaseous components, extracting hydrogen, carbon monoxide and helium from natural gas, designing and producing advanced gases for specialized, technical or medical purposes, reclaiming carbon dioxide and other byproduct gases from other manufacturing industries, manufacturing, recycling or reclaiming ozone-depleting chlorofluorocarbon gases, manufacturing acetylene and other welding gases, purifying and distilling atmospheric air to reclaim rare gases such as xenon, krypton or neon, purifying liquid or compressed oxygen for medical use and operating refill stations, gas production plants and gas storage and distribution centres. Related terms covered in the Oxygen & Hydrogen Gas Manufacturing in Ontario industry report includes a physical process in which a solid chemical changes directly into a gas without entering the liquid phase. carbon dioxide (dry ice) is the most common chemical that exhibits this property, a method used to separate atmospheric gases where the gas is subjected to extremely low temperatures (usually below -150 c or -240 f) and high air pressure, the most common method of separating carbon dioxide, carbon monoxide, helium and other industrial byproduct gases from petroleum or natural gas, equipment that cryogenically compresses, liquefies and separates normal air into its main constituents: nitrogen, oxygen and noble gases, the united states' strategic reserve of helium located in amarillo, tx, which accounts for over one-third of global helium supply. canada imports almost all of its helium from the united states, a broad class of industrial gases that includes, in order of production volume, nitrogen, oxygen, argon and other rare gases, a broad classification of industrial gases that includes hydrogen, carbon monoxide, carbon dioxide (dry ice), helium and several rare gases such as radon and large-volume customers that purchase industrial gases by the tonne via pipeline or on-site air production facilities. examples: petroleum refining, coal-powered power plants and steelmaking.

Industry Performance of the Oxygen & Hydrogen Gas Manufacturing industry in Ontario

Benchmark the Oxygen & Hydrogen Gas Manufacturing in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Oxygen & Hydrogen Gas Manufacturing in Ontario

#2 in Highest Revenue 27.6% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Oxygen & Hydrogen Gas Manufacturing in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Oxygen & Hydrogen Gas Manufacturing industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, industrial capacity utilization, price of electric power and world price of natural gas are impacting Oxygen & Hydrogen Gas Manufacturing in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Industrial capacity utilization
Price of electric power
World price of natural gas

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Oxygen & Hydrogen Gas Manufacturing industry in Ontario

Access proprietary data on Census Metropolitan Area in the Oxygen & Hydrogen Gas Manufacturing in Ontario, such as Toronto, Sarnia and Hamilton. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Oxygen & Hydrogen Gas Manufacturing industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Oxygen & Hydrogen Gas Manufacturing industry in Ontario in 2025?

The market size of the Oxygen & Hydrogen Gas Manufacturing industry in Ontario is $370.6m in 2025.

How many businesses are there in the Oxygen & Hydrogen Gas Manufacturing industry in Ontario in 2025?

There are 29 businesses in the Oxygen & Hydrogen Gas Manufacturing industry in Ontario, which has been growing at an average annual rate of 1.4% from 2020 to 2025.

Has the Oxygen & Hydrogen Gas Manufacturing industry in Ontario grown or declined over the past 5 years?

The market size of the Oxygen & Hydrogen Gas Manufacturing industry in Ontario has been declining at an average annual rate of -1.8% from 2020 to 2025.

How many employees in the Oxygen & Hydrogen Gas Manufacturing industry in Ontario in 2025?

There are 125 employees in the Oxygen & Hydrogen Gas Manufacturing industry in Ontario, which has been declining at an average annual rate of -0.2% from 2020 to 2025.