GW Pulse Report - Belgium 2025

GW Pulse: Belgium 2025 delivers targeted economic and industrial insight into one of Europe’s most balanced and mature merchant liquid gas markets. Anchored by strong end-user demand in chemicals, pharmaceuticals, and manufacturing, the Belgian market presents consistent opportunities for industrial gas suppliers and consultants.

The report includes:

GDP, IPI, inflation, and energy pricing indicators linked to gas usage

Sector-specific insights into packaged and merchant gas consumption

Forecast dashboards extending through 2029 to support strategic planning

This report is essential for stakeholders seeking data-led positioning in a gas-intensive, high-margin European market.GW Pulse: Belgium 2025 presents historical economic data from 2000 with forecast projections to 2029, covering GDP (nominal %), industrial production, inflation, and indexed industrial energy prices. It is structured to support demand forecasting, scenario modelling, and investment planning across Belgium’s key industrial gas-consuming sectors, particularly chemicals, life sciences, and manufacturing. Interactive dashboards streamline comparative analysis and long-range planning for gas distributors, analysts, and business development teams.


Annual coverage 2000 - 2024
1.0 Economic Drivers (% YoY)
1.1 Energy Prices
1.2 Exchange Rate (domestic currency to $US)
1.3 Gas Market (%)
1.4 GDP Deflator (%)
1.5 GDP Nominal (%)
1.6 Industrial Production Index
1.7 Inflation
1.8 New Capacities
2.0 Gas Market - End User Sector ($m)
2.1 Chemicals
2.2 Electronics
2.3 Food
2.4 Glass
2.5 Healthcare
2.6 Manufacturing
2.7 Metallurgy
2.8 Others
2.9 Pulp & Paper
2.10 Refining
3.0 Gas Market - Gas Company ($m)
3.1 Air Liquide
3.2 Air Products
3.3 Linde
3.4 Messer
3.5 NSHD
3.6 Praxair
3.7 SOL
3.8 Others
4.0 Gas Market - Gas Type ($m)
4.1 Argon
4.2 Carbon Dioxide
4.3 Helium
4.4 Hydrogen
4.5 Nitrogen
4.6 Others
4.7 Oxygen
5.0 Gas Market - Gas Type (volume pa.)
5.1 Argon (t)
5.2 Carbon Dioxide (t)
5.3 Helium (Nm3*10)
5.4 Hydrogen (Nm3*1000)
5.5 Nitrogen (t)
5.6 Oxygen (t)
6.0 Gas Market - Supply Mode ($m)
6.1 Bulk
6.2 Captive
6.3 Onsite Site Production
6.4 Other
6.5 Packaged
7.0 Demand - Merchant, Captive and OSP (vol pa.)
7.1 Captive/OSP Nitrogen (t)
7.2 Captive/OSP Oxygen (t)
7.3 Merchant Nitrogen (t)
7.4 Merchant Oxygen (t)
8.0 Demand Distribution - Argon - End User (tpd)
8.1 Chemicals
8.2 Electronics
8.3 Food
8.4 Gen Manufacturing
8.5 Glass
8.6 Healthcare
8.7 Metallurgy
8.8 Other
8.9 Pulp & Paper
8.10 Refining & Energy
9.0 Demand Distribution - Cardon Dioxide - End User (tpd)
9.1 Chemicals
9.2 Electronics
9.3 Food
9.4 Gen Manufacturing
9.5 Glass
9.6 Healthcare
9.7 Metallurgy
9.8 Other
9.9 Pulp & Paper
9.10 Refining & Energy
10.0 Demand Distribution - Nitrogen - End User (tpd)
10.1 Chemicals
10.2 Electronics
10.3 Food
10.4 Gen Manufacturing
10.5 Glass
10.6 Healthcare
10.7 Metallurgy
10.8 Other
10.9 Pulp & Paper
10.10 Refining & Energy
11.0 Demand Distribution - Oxygen - End User (tpd)
11.1 Chemicals
11.2 Electronics
11.3 Food
11.4 Gen Manufacturing
11.5 Glass
11.6 Healthcare
11.7 Metallurgy
11.8 Other
11.9 Pulp & Paper
11.10 Refining & Energy
Annual Coverage 2000 - 2029
12.0 Forecast - End User - Gas Intensity ($m)
12.1 Total
12.2 Chemicals
12.3 Electronics
12.4 Food
12.5 Glass
12.6 Healthcare
12.7 Manufacturing
12.8 Metallurgy
12.9 Others
12.10 Pulp & Paper
12.10 Refining
13.0 Forecast - End User - Macro Economic ($m)
13.1 Total
13.2 Chemicals
13.3 Electronics
13.4 Food
13.5 Glass
13.6 Healthcare
13.7 Manufacturing
13.8 Metallurgy
13.9 Others
13.10 Pulp & Paper
13.11 Refining
14.0 Forecast - Merchant Liquid - Capacities (tpd)
14.1 LAR Capacity (tpd)
14.2 LCO2 Capacity (tpd)
14.3 LIN Capacity (tpd)
14.4 LOX Capacity (tpd)
15.0 Forecast - Merchant Liquid - Utilisation
15.1 Liquid Capacity (tpd)
15.2 Liquid Utilisation (%)
15.3 Merchant Demand (tpd)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings