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gasreport: Western Europe – Iceland



The commercial industrial gas market in Iceland is estimated to have generated revenues of $17.0m in 2020. This represents a 5.9% decline on the estimated 2019 revenues of $18.1m.

Within the 2020-2025 timeframe, our forecast models predict growth from 2.4% p.a. in a low scenario to 4.9% p.a. in a high scenario. Accordingly, this should see the gas market in Iceland achieve revenues between $19.1m and $21.6m by 2025.

Published: 2022

Report Data: 2021

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential


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