Top 10 Companies in the Inert Gases Industry (2025): Market Leaders Powering Industrial Applications

In Business Insights
August 17, 2025


The Global Inert Gases Market was valued at USD 5.82 Billion in 2023 and is projected to reach USD 8.21 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period (2024–2030). This growth is driven by escalating demand from manufacturing, electronics, and healthcare sectors, along with increasing applications in food packaging and welding industries.

As industries prioritize safety, efficiency, and precision, inert gases have become crucial components across multiple sectors. This report profiles the Top 10 Companies in the Inert Gases Industry—global leaders who dominate production, distribution, and innovation in noble gas solutions.


🔟 1. Air Liquide

Headquarters: Paris, France
Key Offerings: Argon, Helium, Neon, Xenon, Krypton

Air Liquide is the world’s largest supplier of industrial gases, with a comprehensive portfolio of inert gases for electronics, healthcare, and metal fabrication. The company operates across 73 countries with advanced gas separation technologies.

Innovation Focus:

  • Development of ultra-high purity gases for semiconductor manufacturing
  • Investments in helium recovery and recycling technologies
  • Strategic partnerships in space exploration applications

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9️⃣ 2. Linde plc

Headquarters: Guildford, UK
Key Offerings: Helium, Argon, Specialty Gas Mixtures

Linde maintains the world’s largest helium production capacity and supplies ultra-high purity gases to leading semiconductor manufacturers globally. The company’s expertise spans production, logistics, and application engineering.

Innovation Focus:

  • Proprietary gas purification technologies
  • Advanced cylinder tracking and supply chain solutions
  • Expansion in Asian electronics markets

8️⃣ 3. Praxair (Now part of Linde)

Headquarters: Danbury, Connecticut, USA
Key Offerings: Industrial gases, Helium, Medical gases

Despite merging with Linde, Praxair remains a major brand in North America, specializing in on-site gas generation solutions and packaged gas distribution for manufacturing industries.

Innovation Focus:

  • Modular gas production units
  • Energy-efficient air separation technologies
  • Medical-grade gas solutions

7️⃣ 4. Air Products and Chemicals