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Industrial Gases Market Share

ID: MRFR//5046-CR | 100 Pages | Author: Chitranshi Jaiswal| July 2023

Introduction: Navigating the Competitive Landscape of Industrial Gases

The industrial gases market is going through a transformation phase, driven by rapid technological developments and regulatory changes. The market is being fiercely contested by leading suppliers, such as equipment manufacturers, gas distributors, and smart gas companies. Using cutting-edge technology such as artificial intelligence, automation, and IoT, these companies are trying to establish themselves as market leaders. These technological innovations not only boost efficiency, they also meet the increasingly important customer demand for a green and sustainable supply chain. In the process of coping with increasingly stringent environmental regulations and the need to optimize supply chains, companies are also taking advantage of the regional growth opportunities that are emerging, particularly in Asia-Pacific and North America. In the face of this competition, the strategic deployment of resources is reshaping the competitive balance. The future success of industrial gas companies will depend on how they respond to these developments.

Competitive Positioning

Full-Suite Integrators

These vendors offer comprehensive solutions across the industrial gases spectrum, including production, distribution, and application technologies.

VendorCompetitive EdgeSolution FocusRegional Focus
Linde PLC Global leader in gas production Industrial gases and applications Global
Air Liquide Strong innovation in gas technologies Industrial and specialty gases Global
Air Products and Chemicals Inc. Expertise in hydrogen solutions Industrial gases and related services North America, Europe, Asia

Specialized Technology Vendors

These companies focus on niche technologies and solutions within the industrial gases market, often providing unique applications or innovations.

VendorCompetitive EdgeSolution FocusRegional Focus
BASF SE Innovative chemical solutions Specialty gases and chemicals Global
Messer Group GmbH Strong regional presence in Europe Industrial gases and services Europe, Asia
Iwatani Corporation Diverse gas applications expertise Industrial and specialty gases Japan, Asia
SOL Group Focus on customer-centric solutions Industrial gases and services Italy, Europe

Infrastructure & Equipment Providers

These vendors supply the necessary infrastructure and equipment for the production and distribution of industrial gases.

VendorCompetitive EdgeSolution FocusRegional Focus
Matheson Tri-gas Inc. Comprehensive gas management solutions Gas distribution and equipment North America
Taiyo Nippon Sanso Corporation Strong focus on technology development Industrial gases and equipment Japan, Asia
Elliniki Gases S.A. Local expertise in gas solutions Industrial gases and services Greece, Southeast Europe

Emerging Players & Regional Champions

  • Air Products and Chemicals, Inc., a United States corporation, specializes in hydrogen production and carbon capture. It has recently been awarded a contract for a large-scale hydrogen plant in Texas, and thus adds to the supply chain.
  • Linde plc (Germany): Focuses on sustainable gas solutions and has implemented several projects in green hydrogen, challenging traditional gas suppliers by offering eco-friendly alternatives.
  • Messer Group (Germany): Offers customized gas solutions for the healthcare sector, recently expanded its operations in Eastern Europe, positioning itself as a regional champion against larger competitors.
  • Nippon Gases (Japan): Provides specialty gases for electronics and healthcare, recently partnered with local manufacturers to enhance supply chains, complementing established players by filling niche markets.
  • Air Liquide (France): Invested in digitalization of gas supply systems, recently launched a smart gas management platform, challenging traditional operational models of established vendors.

Regional Trends: In 2023, the trend towards the use of sustainable and green gases in Europe and North America is noticeable, driven by regulatory pressures and by growing environmental concerns. In the Asia-Pacific region, on the other hand, the demand for specialty gases, especially in the electronics and health industries, is growing, which will lead to increased competition between the local players. The specialization of technology will focus on the automation and digitalization of gas supply systems, which will lead to increased efficiency.

Collaborations & M&A Movements

  • Air Products and Chemicals, Inc. and ACWA Power announced a joint venture to build a green hydrogen plant in Saudi Arabia, which will strengthen their position in the field of renewable energy and the market for sustainable industrial gases.
  • Linde plc entered into a strategic partnership with the University of California, Berkeley to advance carbon capture technologies, positioning itself as a leader in innovative solutions for reducing greenhouse gas emissions in the industrial sector.
  • Air Liquide acquired the industrial gas business of the German company, Linde Gas, to strengthen its market presence in Europe and expand its product offerings in the high-purity gases segment.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Sustainability Air Products, Linde, Praxair Air Products has adopted a comprehensive policy of sustainable development aimed at reducing its carbon footprint by reducing the emissions of greenhouse gases in its gas production. In this context, it has made a significant investment in hydrogen, thereby demonstrating its commitment to sustainable energy solutions. Praxair’s initiatives in carbon capture and storage technology illustrate its commitment to the environment.
Supply Chain Efficiency Air Liquide, Messer, Linde Through its logistics, its real-time monitoring, Air Liquide has improved its delivery times. The local production of Messer makes the supply chain more resistant. The digital supply chain of Linde makes it more efficient, reduces costs and improves the reliability of the service.
Product Innovation Air Products, Linde, Air Liquide In recent years, Air Products has introduced new gas mixtures that have enhanced the performance of certain industrial applications. Its development of special gases for the manufacture of microelectronics illustrates the way it thinks. In the field of medical gases, Air Liquide has invested in research and development in order to develop new applications.
Customer Service and Support Praxair, Air Liquide, Messer Praxair has developed a solid support system for its customers. Air Liquide's 24 hour customer service line provides immediate assistance, enhancing customer satisfaction. Messer's customer training programs in gas safety and proper use demonstrate its commitment to customer education.
Technological Integration Linde, Air Products, Air Liquide IT-based gas monitoring systems from Linde are achieving greater efficiency. Air Products uses artificial intelligence for predicting and preventing failures in gas production. Air Liquide’s digital platforms for customer communication and order management are improving the customer experience and enhancing operational efficiency.

Conclusion: Navigating the Industrial Gases Landscape

The industrial gases market in 2023 will be characterized by the fragmentation of the market and the regional differences, which will require the strategic agility of the vendors. Despite the strong position of the incumbents, the newcomers will have the opportunity to take advantage of the established market presence to introduce advanced capabilities such as artificial intelligence and automation to optimize operations and customer engagement. Among the emerging players, those who focus on flexibility and sustainability will be able to attract the attention of a growing number of environmentally conscious consumers. In the future, the use of these capabilities will determine the market leaders, forcing all the vendors to continuously adapt to the changing demands and regulatory environment.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2018 to 2021
Forecast Period 2023-2050
Growth Rate 6.13 % (2023-2050)
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