Industrial Gases Market

The industrial gases market is projected to grow from USD  105.6 billion in 2023 to USD  137.9 billion by 2028 at a CAGR of 5.5%. The industrial gases market is poised for robust growth in the coming years. With increasing demand across diverse industries such as manufacturing, healthcare, and electronics, the market is anticipated to witness a significant uptick. Factors such as the expanding global industrial base, technological advancements, and the rising importance of environmental sustainability are expected to contribute to the accelerated growth of the industrial gases sector.

Industrial Gases Companies

Most manufacturers in this market are based in Europe and Asia Pacific.  Air Liquide (France), Linde plc (England), Air Products & Chemicals, Inc.  (US), Messer SE & Co. KGaA (Germany), and Nippon Sanso Holdings Corp. (Japan) are among the leading players operating in the industrial gases market. These players have adopted various growth strategies to strengthen their position in the market. This includes expansions and acquisition activities further to expand their presence in the industrial gases market.

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Air Liquide (France)

Air Liquide is a global leader in industrial gases, technologies, and services, providing solutions to a diverse range of industries. With a presence in over 80 countries, the company is committed to delivering essential gases, equipment, and expertise to support customers in sectors such as healthcare, energy, manufacturing, and more. Known for its innovative approach, Air Liquide focuses on developing sustainable solutions to address societal and environmental challenges, contributing to the advancement of industry and well-being worldwide.

Linde plc (England)

Linde plc, a leading global industrial gases and engineering company, plays a pivotal role in enhancing efficiency and sustainability across various industries. Operating in over 100 countries, Linde plc delivers a wide range of gases, engineering solutions, and services to support customers in sectors including healthcare, manufacturing, and energy. Renowned for its commitment to innovation and environmental responsibility, Linde plc strives to create value for its stakeholders by providing cutting-edge technologies that contribute to the development of cleaner, more efficient industrial processes globally.

Air Products & Chemicals, Inc.  (US)

Air Products and Chemicals, Inc. stands as a premier global industrial gases and chemicals company, serving customers in diverse industries across nearly 50 countries. Renowned for its expertise in atmospheric and process gases, as well as performance materials, Air Products and Chemicals, Inc. is a key player in fostering technological advancements and sustainable solutions. With a focus on innovation and customer collaboration, the company is dedicated to providing essential gases, equipment, and services that contribute to the efficiency, safety, and environmental sustainability of its clients' operations worldwide.

Messer SE & Co. KGaA (Germany)

Messer SE & Co. KGaA is a manufacturer of industrial gases, medical and specialty gases. The company is engaged in the production of various industrial gases such as oxygen, nitrogen, argon, carbon dioxide, hydrogen, helium, welding shielding gases, specialty gases, medical gases, and many different gas mixtures. The company serves its products to numerous end-use industries such as food and beverages, metal processing, construction, medical, research laboratories, and others. The company has a strong presence in China, Central Europe, Southeast Europe, ASEAN, and Western Europe region.

Nippon Sanso Holdings Corp. (Japan)

Nippon Sanso Holdings Corp. engages in the manufacture and sale of industrial gases and equipment. It provides oxygen, nitrogen, argon, carbon dioxide, hydrogen, helium, etc. The company serves its products in several end-use industries such as steel & metal, chemical, petroleum refining & energy, metal processing, food & beverage, electronics, and healthcare. The company has 5 reportable segments such as Japan, US, Europe, Asia & Oceania, and Thermos. The company has a presence in over 59 countries globally to cater the demands from end-use industries.

Related Reports:

Industrial Gases Market by Type (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Inert Gases), End-use Industry (Chemicals, Electronics, Food & Beverages, Healthcare, Manufacturing, Metallurgy, and Refining), and Region - Global Forecast to 2028

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