2026 Kickoff: Major Gas Players Announce Price Hikes
Published on：2026-01-04 Views：5
It is reported that in early 2026, the four major industrial gas suppliers have continued to announce price increases across a range of key products used in both medical and industrial sectors. The hikes exceed 10%, with some reaching as high as 25%.This also reflects the industry’s structural shifts amid global energy transition and mounting cost pressures.
The companies announcing price adjustments include：
♦Air Water: Effective January 2026, the company has raised prices for a range of products by over 10%. The adjusted items include air separation gases such as oxygen, nitrogen and argon, the argon-based welding shielding gas “ELNACKS”®, as well as carbon dioxide, rare gases, hydrogen and dry ice.
♦Taiyo Nippon Sanso: The company announced that it will adjust prices for bottled gas products starting February 2026. The price changes cover oxygen, nitrogen, argon, hydrogen, carbon dioxide, acetylene, and various mixed gases, supplied in forms such as liquefied gas cylinders (LGC) and cylinder packs, with an overall price increase of more than 10%.
♦Air Liquide Japan: Starting January 2026, the company has increased prices for oxygen, nitrogen, and argon supplied by tanker truck, as well as for general industrial gases, medical gases, and mixed gases delivered in cylinders and via LGC.
♦Iwatani Corporation: This marks the steepest price increase among the companies this time. Effective January 2026, the company has raised prices for certain industrial gas products by more than 15%, primarily affecting carbon dioxide and dry ice.
According to statements from the companies, the price adjustments mainly stem from sustained rises in electricity and energy prices, higher international logistics costs, fluctuations in raw material prices, and increased operational expenses driven by long-term global inflation. This trend aligns with the broader dynamics in the global industrial gas industry, which is being shaped by energy transition and supply chain restructuring.
Industrial gases are often referred to as the “lifeblood of modern industry,” serving as indispensable foundational materials for key sectors such as steelmaking, chemical synthesis, semiconductor manufacturing, and medical oxygen supply.Their supply stability and price levels directly impact the production costs and capacity planning of downstream manufacturing industries.The synchronized price increases by major Japanese gas suppliers are expected to create a noticeable cost‑pass‑through effect across the Asia‑Pacific region, with particularly significant impacts on high‑value‑added sectors such as semiconductors, electronic materials, and precision manufacturing.
From a global perspective, the industrial gas industry has already exceeded USD 100 billion in size and continues to grow steadily. Among all regions, Asia‑Pacific has become one of the fastest‑growing markets, driven by manufacturing expansion and rising demand from emerging industries, and contributes nearly half of the global market growth.Japan, as a major producer and technology exporter of industrial gases in the region, often serves as a bellwether for pricing trends in the industry.This collective price hike not only reflects the widespread pressures from energy and supply chain costs, but may also trigger follow – up price adjustments by suppliers in other regions, further driving the global industrial gas market into a new round of upward price cycle.
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