Prof Research published a new report on Industrial Gas Market. It presents the largest 11 manufacturers in Industrial Gas Market. The report is a professional and in-depth study of the current state of the global Industrial Gas market. The report provides key statistics on the market of Industrial Gas. It is a valuable source of guidance and direction for companies and individuals interested in the Industrial Gas industry.

Industrial gases are gases that are used in industrial processes for various purposes, including fuel, energy, and as a raw material for the production of various chemicals and other products. Some of the most common industrial gases include oxygen, nitrogen, hydrogen, helium, argon, and carbon dioxide.

Oxygen is used in many industrial processes, including steelmaking, welding, and chemical production. Nitrogen is often used as an inert gas to prevent oxidation and to control the atmosphere in manufacturing processes. Hydrogen is used as a fuel for many industrial applications, including transportation, power generation, and as a raw material for the production of chemicals. Helium is used in cryogenics, as well as in various manufacturing and medical applications. Argon is used as a protective gas in welding and as a component of some gas mixtures used in lighting. Carbon dioxide is used in various industrial processes, including refrigeration, fire suppression, and as a feedstock for the production of chemicals.

Industrial gas companies specialize in producing, distributing, and storing these gases in large quantities to meet the demands of various industries. They also provide related services, such as gas handling equipment, safety training, and technical support.

The global Industrial Gas market was valued to be 151,301 million USD in 2022. The Industrial Gas production value is anticipated to have growth with a CAGR of 4.90% in the coming years to reach 201,546 million USD in 2028.

Linde, Air Liquide, Air Products & Chemicals, Nippon Sanso, AirPower Technologies, Messer, HangZhou Oxygen, SK, Suzhou Jinhong, and Huaten, which account for a significant share of the global market. These companies specialize in the production, distribution, and storage of industrial gases and offer a wide range of related services, including equipment supply, engineering, and technical support.

The industrial gas market is also seeing increased competition from new players, particularly in emerging markets such as China and India. These new players are often able to offer lower prices and more flexible supply arrangements than traditional industrial gas companies, which is putting pressure on the established players to adapt and innovate in order to remain competitive.

Linde is the largest manufacturer of Industrial Gas in the world, and it has a market share of 19.32% in value. Linde plc is an industrial gas company. The Company's primary products in its industrial gases business are atmospheric gases (oxygen, nitrogen, argon, and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene). The Company's segments include Americas; Europe/Middle East/Africa (EMEA); Asia/South Pacific (APAC); and Engineering.

Air Liquide is the second largest manufacturer of Industrial Gas in the world, and it has a market share of 15.89% in value. Air Liquide SA, is a France-based gas company, which provides gases-related technologies and services. It operates through three segments: Gas & Services, Engineering & Construction and Global Markets & Technologies.

Air Products & Chemicals is the third largest manufacturer of Industrial Gas in the world, and it has a market share of 7.75% in value. Air Products and Chemicals, Inc. is an industrial gases company. The Company provides essential industrial gases, related equipment and applications to customers in various industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. The Company’s segments include Americas, Asia, Europe, and Middle East and India.

Nippon Sanso is the fourth largest manufacturer of Industrial Gas in the world, and it has a market share of 5.67% in value. Nippon Sanso Holdings Corp is a Japan-based company engaged in manufacturing and selling gas and related equipment. The Company operates in five segments which are Japan Gas segment, the United States Gas segment, the Europe Gas segment, the Asia and Oceania Gas segment, and the Thermos segment.