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Oxygen & Hydrogen Gas Manufacturing in Nova Scotia

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NS32512CA

Oxygen & Hydrogen Gas Manufacturing in Nova Scotia industry analysis

Revenue for the Oxygen & Hydrogen Gas Manufacturing industry in Nova Scotia 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 stagnated an annualized x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to x workers during the period, while industry wages have decreased an annualized -x.x% to $x.x thousand.

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 x locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x workers during the outlook period, while industry wages likely decrease -x% to $x.x thousand.

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About the Oxygen & Hydrogen Gas Manufacturing in Nova Scotia Market Research Report

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

Definition of the Oxygen & Hydrogen Gas Manufacturing in Nova Scotia?

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 Nova Scotia?

The Oxygen & Hydrogen Gas Manufacturing in Nova Scotia 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 Nova Scotia 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 Nova Scotia

Benchmark the Oxygen & Hydrogen Gas Manufacturing in Nova Scotia industry performance with all NS Census Metropolitan Area and national performance.

Oxygen & Hydrogen Gas Manufacturing in Nova Scotia

#10 in Highest Revenue 0.9% 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 Nova Scotia

See how key industry drivers, such as population, net migration, private investment in residential construction, industrial capacity utilization, price of electric power and world price of natural gas are impacting Oxygen & Hydrogen Gas Manufacturing in Nova Scotia

Nova Scotia Economic Indicators

Population
Net Migration
Private Investment in Residential Construction

View more economic information in NS 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 Nova Scotia

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

Key Statistics of the Oxygen & Hydrogen Gas Manufacturing industry in Nova Scotia

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 Nova Scotia in 2025?

The market size of the Oxygen & Hydrogen Gas Manufacturing industry in Nova Scotia is $12.6m in 2025.

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

There are 2 businesses in the Oxygen & Hydrogen Gas Manufacturing industry in Nova Scotia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Oxygen & Hydrogen Gas Manufacturing industry in Nova Scotia has been declining at an average annual rate of -15.7% from 2020 to 2025.

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

There are 6 employees in the Oxygen & Hydrogen Gas Manufacturing industry in Nova Scotia, which has been declining at an average annual rate of -7.8% from 2020 to 2025.