The Global Industrial Gas Market was valued at USD 121.89 Billion in 2024 and is projected to reach USD 205.73 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This growth is being driven by increasing demand from manufacturing sectors, rising applications in healthcare and electronics, and the accelerating adoption of clean energy solutions across global industrial operations.

As the industrial sector transforms toward sustainable operations and efficient manufacturing, the spotlight is on the key gas suppliers who are driving innovation, productivity, and greener industrial pathways. In this blog, we profile the Top 10 Companies in the Industrial Gas Industry—a mix of chemical majors, gas specialists, and technology pioneers shaping the future of industrial processes.

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🔟 1. Linde Group

Headquarters: Dublin, Ireland & Guildford, UK
Key Offering: Oxygen, Nitrogen, Hydrogen, Specialty Gases

Linde Group stands as the world’s largest industrial gas company following its merger with Praxair, serving customers across manufacturing, healthcare, chemicals, and electronics. The company operates the world’s largest hydrogen liquefaction plant and is expanding its clean energy portfolio globally.

Sustainability Initiatives:

• Carbon capture and utilization technologies

• Green hydrogen production facilities

• Targeting climate-neutral growth by 2035

Download FREE Sample Report: Global and Regional Industrial Gas Industry Status and Prospects Professional Market – View in Detailed Research Report

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9️⃣ 2. Air Liquide

Headquarters: Paris, France
Key Offering: Industrial gases, Medical gases, Hydrogen solutions

Air Liquide operates across more than 80 countries and serves over 3.8 million customers worldwide. The company is a leader in hydrogen mobility and industrial decarbonization solutions.

Sustainability Initiatives:

• Large-scale carbon capture projects

• Global hydrogen refueling station network expansion

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8️⃣ 3. Air Products and Chemicals

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Industrial gases, Performance materials, Equipment

Air Products and Chemicals is a global leader in industrial gases and related technologies, with significant investments in large-scale hydrogen projects and energy transition initiatives.

Sustainability Initiatives:

• World’s largest green hydrogen facility in Saudi Arabia

• Carbon-free energy initiatives across multiple continents

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7️⃣ 4. Praxair (Linde subsidiary)

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

Praxair, now operating as part of Linde, continues its legacy as a major industrial gas supplier with extensive operations in North and South America, Europe, and Asia.

Sustainability Initiatives:

• Energy efficiency improvements in gas production

• Clean energy technology development

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6️⃣ 5. Taiyo Nippon Sanso

Headquarters: Tokyo, Japan
Key Offering: Industrial gases, Electronics gases, Medical gases

Taiyo Nippon Sanso Corporation is a leading industrial gas company in Japan and across Asia, with strong presence in electronics and healthcare sectors.

Sustainability Initiatives:

• Renewable energy-powered gas production

• Advanced gas recycling technologies

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5️⃣ 6. AirGas (Air Liquide subsidiary)

Headquarters: Radnor, Pennsylvania, USA
Key Offering: Packaged gases, Bulk gases, Specialty gases

AirGas, now part of Air Liquide, is the largest U.S. distributor of industrial, medical, and specialty gases, serving over 1 million customers nationwide.

Sustainability Initiatives:

• Carbon footprint reduction initiatives

• Environmental, Social, and Governance (ESG) targets

Download FREE Sample Report: Global and Regional Industrial Gas Industry Status and Prospects Professional Market – View in Detailed Research Report

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4️⃣ 7. Messer Group

Headquarters: Bad Soden, Germany
Key Offering: Industrial gases, Medical gases, Specialty gases

Messer Group is one of the leading industrial gas companies, operating in Europe, Asia, and the Americas with focus on sustainable industrial processes.

Sustainability Initiatives:

• Biogas upgrading and purification

• Energy-efficient gas separation technologies

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3️⃣ 8. Air Water

Headquarters: Osaka, Japan
Key Offering: Industrial gases, Chemicals, Medical products

Air Water is a major Japanese industrial gas company with diversified operations spanning gases, chemicals, medical, and energy businesses.

Sustainability Initiatives:

• Hydrogen energy solutions development

• Circular economy initiatives in gas production

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2️⃣ 9. Gulf Cryo

Headquarters: Doha, Qatar
Key Offering: Industrial gases, Medical gases, Specialty gases

Gulf Cryo is the leading industrial and medical gas company in the Middle East, operating across GCC countries and expanding into North Africa.

Sustainability Initiatives:

• Carbon dioxide recovery and purification

• Energy conservation in gas production and distribution

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1️⃣ 10. Sol Group

Headquarters: Monza, Italy
Key Offering: Industrial gases, Medical gases, Specialty gases

Sol Group is a leading industrial and medical gas company in Southern Europe and Latin America, with focus on sustainable industrial development.

Sustainability Initiatives:

• Renewable energy integration in gas manufacturing

• Environmental management systems implementation

Get Full Report Here: Global and Regional Industrial Gas Industry Status and Prospects Professional Market – View in Detailed Research Report

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🌍 Outlook: The Future of Industrial Gas Is Smarter and More Sustainable

The industrial gas market is undergoing a fundamental transformation toward digitalization and environmental stewardship. While traditional applications continue to drive demand, the industry is investing significantly in clean energy technologies, carbon capture solutions, and smart gas management systems.

📈 Key Trends Shaping the Market:

• Rapid expansion of hydrogen economy infrastructure globally

• Increasing demand for high-purity gases in electronics manufacturing

• Digitalization of gas supply chains and remote monitoring

• Growing adoption of carbon capture, utilization, and storage (CCUS) technologies

• Enhanced focus on circular economy principles in gas production

Get Full Report Here: Global and Regional Industrial Gas Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies listed above are not only powering global industry—they’re driving the green transformation of manufacturing processes worldwide.