South Korea will become Asia’s second biggest IG market, says Air Liquide

  • Gas
  • October 15, 2025

The East Asia Pacific CEO of Air Liquide is confident South Korea will become the second biggest industrial gases market after China by 2035.

In an interview with The Korea Economic Daily, Park Il-Yong said that a key reason behind its recent was to capitalise not just on South Korea’s existing potential but “preparing for the next 10 years”.

South Korea is currently in third place in Asian gas markets, behind Japan and China.

Already home to the world’s top two memory chipmakers, the boom in AI and new technologies provides firm foundations for South Korea’s future growth.

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