Top 10 Companies in the Latin America Industrial Gas Industry (2025): Market Leaders Fueling Regional Growth

In Business Insights
June 04, 2025

The Latin America Industrial Gas Market was valued at USD 1.25 billion in 2024 and is projected to reach USD 1.69 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024-2030). This expansion is driven by increasing industrialization, expanding healthcare infrastructure, and growing demand across manufacturing, food processing, and energy sectors throughout the region.

As Latin American nations continue developing their industrial base, gas suppliers are establishing sophisticated production networks across key markets. Below we analyze the Top 10 Companies in the Latin America Industrial Gas Industry—global leaders and regional specialists providing essential atmospheric, medical, and process gases through innovative supply solutions.


🔟 1. Linde plc

Headquarters: Dublin, Ireland
Key Offering: Oxygen, Nitrogen, Hydrogen, Specialty Gas Mixes

Linde maintains market leadership through its extensive Latin American infrastructure including 40+ production facilities across Brazil, Mexico, Argentina, and Chile. The company serves critical industries from healthcare to electronics through bulk supply contracts and plant installations.

2023 Developments:

  • Commissioned new air separation unit in São Paulo (1500 TPD capacity)
  • Secured 10-year hydrogen supply contract with Braskem
  • Launched digital gas tracking platform for industrial customers

Download FREE Sample Report: Latin America Industrial Gas Market – View in Detailed Research Report


9️⃣ 2. Air Liquide

Headquarters: Paris, France
Key Offering: Medical Gases, Industrial Gas Solutions, CO₂ Management

Operating 52 production sites regionally, Air Liquide has significantly expanded its medical oxygen capacity post-pandemic while developing sustainable industrial solutions for Latin America’s energy transition.

Eco-Friendly Initiatives:

  • Biomethane production partnership in São Paulo
  • Carbon capture system at Chilean copper mine
  • Hydrogen fueling stations for Brazilian logistics sector

8️⃣ 3. Air Products and Chemicals, Inc.

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Cryogenic Gas Systems, Helium, Hydrogen Infrastructure

Air Products specializes in high-tech gas solutions for Latin America’s growing electronics and refining sectors, with strategic investments in hydrogen transport and liquefaction capabilities.

Regional Projects:

  • New helium facility in Mendoza, Argentina (2024)
  • Long-term contracts with CSN and Gerdau steelworks
  • Merchant gas network expansion in Colombia’s oil region

7️⃣ 4. White Martins (Praxair/Linde)

Headquarters: Rio de Janeiro, Brazil
Key Offering: Bulk & Cylinder Gases, Onsite Generation Systems

As Brazil’s industrial gas leader, White Martins operates an unmatched distribution network including 18 air separation plants and 2,000 km of pipelines serving core industrial zones.

Infrastructure Strengths:

  • Largest helium production in South America
  • Specialty gas labs supporting electronics manufacturing
  • Medical gas certification for 500+ hospitals

Download FREE Sample Report: Latin America Industrial Gas Market – View in Detailed Research Report


6️⃣ 5. Messer Group

Headquarters: Bad Soden, Germany
Key Offering: Industrial & Medical Gases, Gas Application Technologies

Through strategic acquisitions, Messer has become a significant regional player with specialized expertise in food freezing, pharmaceutical applications, and welding gas solutions.

Latin American Presence:

  • Production plants in Brazil, Mexico, Peru and Colombia
  • CO₂ recovery systems for major beverage producers
  • Automated welding gas solutions for automotive sector

5️⃣ 6. INFRA

Headquarters: Mexico City, Mexico
Key Offering: Nitrogen, Oxygen, Acetylene, Specialty Gas Blends

As Mexico’s dominant domestic supplier, INFRA delivers industrial gases through 600+ distribution points nationwide with particular strength in manufacturing andconstruction applications.

Market Position:

  • 40% share of Mexican packaged gas market
  • Nationwide cylinder fleet exceeding 500,000 units
  • Strategic alliance with Air Products for tech transfer

4️⃣ 7. Indura

Headquarters: Santiago, Chile
Key Offering: Welding Gases, Calibration Gases, Gas Equipment

Indura dominates Andean markets with integrated gas and welding solutions, supplying mining operations throughout Chile, Peru, and Colombia with onsite gas generation.

Recent Investments:

  • LNG infrastructure for copper mining operations
  • Modified atmosphere packaging systems for exporters
  • Technical training centers across six countries

3️⃣ 8. AGA

Headquarters: Lima, Peru
Key Offering: Medical Gases, Industrial Gas Supply, High-Purity Gases

AGA maintains over 60% share in Peru’s medical oxygen market while expanding industrial gas infrastructure supporting the nation’s mining and fish processing industries.

Healthcare Contributions:

  • Oxygen supply to 80% of Peruvian hospitals
  • Emergency medical gas response systems
  • GMP-certified medical gas production

Download FREE Sample Report: Latin America Industrial Gas Market – View in Detailed Research Report


2️⃣ 9. Cristol

Headquarters: Buenos Aires, Argentina
Key Offering: Bulk Liquids, Cylinder Gases, Dry Ice Production

Cristol meets 40% of Argentina’s industrial gas demand through localized production serving the nation’s robust food processing, pharmaceutical, and oil sectors.

Specialized Services:

  • Beverage-grade CO₂ for major soft drink producers
  • Onsite nitrogen generation for packaged foods
  • Cryogenic storage solutions for biotech firms

1️⃣ 10. Tropigas

Headquarters: Bogotá, Colombia
Key Offering: LPG Distribution, Industrial & Medical Gases

Tropigas operates Colombia’s most extensive gas logistics network with innovative delivery solutions reaching remote agricultural and industrial zones.

Operational Highlights:

  • 25+ bulk storage terminals nationwide
  • Medical oxygen production tripled since 2020
  • Partnerships with flower and coffee exporters

Read Full Report: Latin America Industrial Gas Market – View in Detailed Research Report


🌎 Regional Outlook: Industrial Gases as Economic Enablers

The Latin American industrial gas sector is undergoing transformation with digitalization and sustainability becoming key priorities alongside traditional reliability requirements.

📈 Emerging Market Trends:

  • Medical oxygen infrastructure expansion following pandemic lessons
  • Hydrogen economy development for clean energy transition
  • Automated logistics and smart cylinder tracking
  • Consolidation through mergers and local partnerships

Read Full Report: Latin America Industrial Gas Market – View in Detailed Research Report

The profiled companies represent the foundation of Latin America’s industrial ecosystem – supplying mission-critical gases that enable everything from hospital operations to advanced manufacturing.