Top Industrial Gases Companies

The global industrial gases market is driven by growing application in manufacturing and high demand from healthcare sector. Industrial gases such as oxygen, nitrogen, and argon are vital in welding, cutting, and metal fabrication. medical oxygen, nitrous oxide, and carbon dioxide play critical roles in patient care and pharmaceutical production. Growing hospital infrastructure, aging populations, and rising incidences of respiratory diseases are fueling consistent demand for high-purity medical-grade gases across global healthcare systems.

Industry Overview

According to SkyQuest Technology “Industrial Gases Market By Gas Type (Oxygen, Nitrogen), By Production Method (Air Separation, Steam Methane Reforming (SMR)), By Application (Packaging, Coolant), By End User Industry (Healthcare, Manufacturing), By Delivery Mode (On-site, Bulk), By Region - Industry Forecast 2025-2032,” Global industrial gases market is projected to grow at a CAGR of over 5.6% by 2032, as electronics and food & beverage industry expands. Industrial gases are essential for food processing, packaging, and preservation. Nitrogen and carbon dioxide extend shelf life, maintain freshness, and enable carbonation in beverages. The electronics and semiconductor industries utilize ultra-high-purity gases such as nitrogen, hydrogen, and specialty gases for wafer fabrication, cleaning, and etching. The rapid growth of electronics, driven by digitalization and demand for consumer devices, has created a robust need for consistent gas supply.

Top 10 Global Industrial Gases Companies

1. Linde plc

Linde plc is one of the world’s largest industrial gases and engineering companies, with operations spanning more than 100 countries. Established in 1879 and headquartered in Dublin, Ireland, Linde provides gases used across manufacturing, healthcare, food, and clean energy industries. Its core offerings include atmospheric and process gases, hydrogen production, carbon capture, and liquefied gases. Linde’s engineering division specializes in designing and constructing gas processing plants and air separation units.

2. Air Liquide S.A.

Air Liquide S.A., founded in 1902 and headquartered in Paris, France, is a global leader in gases, technologies, and services for industry and healthcare. The company operates in over 75 countries and serves more than 3.9 million customers. Air Liquide provides oxygen, nitrogen, hydrogen, and specialty gases, supporting sectors like manufacturing, energy, and electronics. It is at the forefront of clean hydrogen production and carbon capture initiatives, playing a vital role in the energy transition.

3. Air Products and Chemicals, Inc.

This United States-based supplier of industrial gases and related technologies is known for offering hydrogen, oxygen, nitrogen, argon, and carbon dioxide to industries. Air Products is a pioneer in hydrogen energy infrastructure and liquefied natural gas (LNG) technology. Its large-scale gasification and carbon capture projects support clean energy and sustainability efforts. Innovation and hydrogen production expansion remain the key strategies for this company to boost revenue in the long run.

4. Taiyo Nippon Sanso Corporation

Based in Japan, Taiyo Nippon is one of the largest industrial gas producing companies in the Asia Pacific region. the company operates globally across various sectors, offering gases for steelmaking, electronics, food processing, and healthcare. Through its subsidiary network, including operations under Nippon Sanso Holdings, it continues to expand hydrogen infrastructure and environmental solutions.

5. Messer Group GmbH

This German company is one of the world’s largest privately owned industrial gas companies. Messer offers a wide range of industrial, specialty, and medical gases that cater to sectors such as metallurgy, food, pharmaceuticals, and chemicals. With operations spanning over 30 countries, the company has a robust gas production and distribution network. Its family-owned structure enables long-term strategic investments and helps stay competitive in the future.

6. Iwatani Corporation

Based in Japan, Iwatani Corporation is a diversified industrial and energy company specializing in gases, welding, and hydrogen technologies. The company plays a crucial role in the Japanese industrial market and is also a key enabler of hydrogen production technologies in the country. . With a strong commitment to sustainability, Iwatani focuses on expanding hydrogen infrastructure to support Japan’s decarbonization goals along with distribution of liquefied petroleum gas (LPG) and industrial machinery.

7. SOL Group

SOL is an Italian producer and distributor of industrial and medical gases with a robust international business presence. The company offers oxygen, nitrogen, argon, and specialty gases for industries such as metallurgy, food processing, and healthcare.. The company’s medical gases division is a significant contributor to European healthcare systems while also having significant sales from Asia and South America as well.

8. SIAD S.p.A.

SIAD S.p.A., established in 1927 and headquartered in Bergamo, Italy, is one of the leading Italian companies in the production and supply of industrial, specialty, and medical gases. It also operates in engineering and industrial equipment manufacturing. SIAD provides gas solutions for metallurgy, food, chemical, and healthcare industries. SIAD’s engineering division designs air separation and CO₂ recovery plants, contributing to industrial efficiency and environmental performance.

9. Gulf Cryo

Based in Kuwait, Gulf Cryo is a leading Middle Eastern provider of industrial, medical, and specialty gases. Gulf Cryo operates state-of-the-art cryogenic facilities and provides bulk, packaged, and on-site gas solutions. It is investing in carbon capture, hydrogen, and renewable gas technologies to align with the region’s sustainability vision. The company benefits from the rich soveriegn funding of Middle East to stand out on a global level.

10. NexAir LLC

nexAir, LLC, founded in 1940 and headquartered in Memphis, Tennessee, USA, is a leading distributor of industrial, medical, and specialty gases across the southeastern United States. The company offers customized gas supply solutions, welding equipment, automation systems, and safety products. nexAir serves industries including manufacturing, healthcare, food processing, and energy. nexAir emphasizes digital transformation through automation and data-driven systems, enhancing productivity for its customers.

Other Leading Global Industrial Gases Companies

• Saint-Gobain
• Metallisation Group
• Chromalloy

Conclusion

The global industrial gases market is anticipated to expand at a modest CAGR but can face challenges due to factors such as high costs of production and stringent environmental regulations. As industries transition toward greener operations, industrial gases play a critical role in enabling sustainability initiatives, supporting the global move toward energy efficiency and low-carbon industrial solutions. Industrial gases are used in refining, enhanced oil recovery, and gas processing applications. Hydrogen is increasingly vital for desulfurization in refineries and as a clean energy carrier in renewable fuel systems. As global energy demands shift toward cleaner and more efficient solutions, industrial gas consumption in the energy sector continues to expand rapidly.