Gitnux/Report 2026

Industrial Gases Industry Statistics

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Industrial Gases Industry Statistics
Samuel NorbergWritten by Samuel Norberg·Fact-checked by Maya Johansson
Published
How this report is researched
01Editorial Scope

An editor sets the topic, the inclusion criteria, and the evaluation framework before research starts.

02Source Research

AI search agents locate sources and extract each figure together with the document it came from.

Read our full methodology →

Search agents attach provenance to every extracted figure.

Next review: within 39 days

01 Industry overview

The industrial gases industry at a glance

The global industrial gases market was estimated at $119.1 billion in 2025 and is being reshaped by electronics, healthcare, hydrogen, carbon management and large, long-term supply contracts.

$119.1B[55]
Global market size, 2025
4.4%[55]
Forecast CAGR, 2026–2033
38.5%[55]
Oxygen share, 2025
$34.0B[8]
Linde sales, 2025
Market size
Grand View Research estimated the global industrial gases market at $119.1 billion in 2025 and $127.3 billion in 2026. A separate Frost & Sullivan analysis estimated 2024 global demand at $105.6 billion, illustrating the variation caused by market definitions and methodologies.[55][56]
Forecast & CAGR
Grand View Research forecasts the market to reach $172.6 billion by 2033, representing a 4.4% CAGR from 2026 to 2033. Frost & Sullivan projects demand to rise from $105.6 billion in 2024 to $131.1 billion in 2028, a 5.5% CAGR.[55][56]
Market share & regions
Grand View Research reported Europe as the largest regional market in 2025, with a 41.7% revenue share. Another 2025 estimate placed Asia-Pacific at 36.97% of the global market in 2025, reflecting differences in regional coverage and market definitions.[55][57]
Segmentation
Oxygen was the largest product segment in 2025, with a 38.5% share, while cylinders were the largest distribution segment at 36.5%; healthcare accounted for 27.0% of applications. Industrial gases are also commonly supplied through on-site or tonnage, merchant or bulk-liquid, and packaged or cylinder channels.[55][19]
Key players & concentration
The main global competitors are Linde, Air Liquide, Air Products, Messer and Nippon Sanso, alongside regional and independent suppliers. A 2025 industry report stated that Linde, Air Liquide and Air Products together account for more than 70% of global industrial-gas market share, indicating high concentration at the top of the industry.[19][58]
Pricing
Linde reported that higher price attainment increased 2025 sales by 2% globally, including a 3% contribution in the Americas and a 2% contribution in EMEA. Its contracts also pass through changes in energy and feedstock costs, making pricing partly dependent on input-cost movements.[19]
Trends, drivers & challenges
Demand is being supported by electronics, healthcare, metals, chemicals, food and beverage, hydrogen and carbon-management projects. In the United States, the Department of Energy reported $8.3 billion announced for clean-hydrogen projects, including $7 billion for seven regional hubs, while industrial-gas suppliers continue to face energy costs, safety requirements, infrastructure needs and uncertain project economics.[59][55]
Consumer behavior & competition
Industrial-gas purchasing is primarily business-to-business and is shaped by reliability, purity, delivery mode, site proximity and contract terms rather than consumer retail behavior. Linde states that most business is conducted through long-term contracts and that distribution is organized around on-site, merchant or bulk, and packaged-gas supply.[19]
M&A
Linde recorded $412 million of acquisitions, net of cash acquired, in 2025, compared with $317 million in 2024 and $953 million in 2023. The 2025 acquisitions primarily related to its Asia-Pacific and EMEA segments, showing continued regional consolidation and expansion.[19]
Regulation
The European Union’s hydrogen and gas decarbonisation package, comprising Directive (EU) 2024/1788 and Regulation (EU) 2024/1789, introduced a framework for dedicated hydrogen infrastructure; member states had until August 5, 2026, to transpose the rules into national law. In the United States, the Infrastructure Investment and Jobs Act provided $8 billion for regional clean-hydrogen hubs.[60][59]
Latest news
Linde reported 2025 sales of $33.986 billion, up 3% from $33.005 billion in 2024; price attainment contributed 2% to growth, while acquisitions contributed 1% and volumes were flat. The company also reported a $7.3 billion backlog of large sale-of-gas projects under construction at December 31, 2025.[19]

02 Ranking

Top 10 Companies in the Industrial Gases Industry

The leading companies in the industrial gases industry, ranked on market impact, performance, momentum, innovation and brand popularity.

Updated November 10, 2026 · Next review December 10, 2026

Verdict

Linde leads Gitnux's 2026 industrial gases ranking with an Overall score of 9.6, with Linde sales of $34.0B in 2025 and 26.3% operating margin. SOL Group is the runner-up at 8.9, with 10.3% revenue growth and 15.2% operating margin.

Ranked by Overall score · How we score ↓

Editor's top 3 picks

Where to start, by need.

  1. #1 Overall · Leader in industrial gas supply

    Linde

    IE

    Ranked #1 · 9.6 · Industrial gas supply

    Why we picked it: Its industrial gases and engineering scale is tied to 2025 sales of $34.0B and 26.3% operating margin.

    See in ranking ↓Visit linde.com ↗

  2. #2 overall

    SOL Group

    IT

    Ranked #2 · 8.9 · Industrial gas supply

    Why we picked it: Its technical and medical gases footprint spans 33 countries, supported by 10.3% revenue growth.

    See in ranking ↓Visit solgroup.com ↗

  3. Leader in healthcare gas services

    Air Liquide

    FR

    Ranked #3 · 8.9 · Healthcare gas services

    Why we picked it: Its industrial, medical, and electronic gases operations pair 20.72% operating margin with R&D at 1.12%.

    See in ranking ↓Visit airliquide.com ↗

Pick 1 is the #1 company overall. Pick 2 is the highest-ranked company in the top 5 that adds a new segment; no further segment places in the top 5, so pick 3 follows rank.

Full ranking

Sort by
Top 10 companies in the industrial gases industry, 2026 – Gitnux ranking
#CompanyOverall ↓Company snapshot
1

Linde

Industrial gas supply · IE

9.6
2

SOL Group

Industrial gas supply · IT

8.9
3

Air Liquide

Healthcare gas services · FR

8.9
4

Pakistan Oxygen

Industrial gas supply · PK

8.7
5

Messer

Industrial gas supply · DE

8.7
6

Hangyang

Industrial gases and air-separation equipment, China · CN

8.6
7

Iwatani

Industrial gases, hydrogen and gas machinery, Japan · JP

8.6
8

Yingde Gases

On-site, bulk and specialty industrial gases, China · CN

8.4
9

Gulf Cryo

Industrial, medical and specialty gases, Middle East · AE

8.4
10

AIR WATER

Industrial gases and gas-related equipment, Japan · JP

8.3

How we score

  • Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
  • Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
  • Momentum (20%): growth trajectory and future potential.
  • Innovation (15%): R&D intensity and how technologically advanced the company is.

Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.

Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.

Cadence Recalculated when new figures are published; next review December 10, 2026.

Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.

Cite this ranking

APA

Samuel Norberg. (2026, November 10). Top 10 companies in the industrial gases industry. In Industrial Gases Industry Statistics. Gitnux. https://gitnux.org/industrial-gases-industry-statistics/#top-companies

report visual · Projection

Global industrial gases market volume

Global industrial gases market volume grew from 672.8 million tonnes in 2023 to 691.9 million tonnes in 2024.

673 million tonnes
Start
+2.84%
CAGR · 1y
692 million tonnes
Projected
20232024
source-verifiedellenbarrie.com2028

04 Statistics

Technology & Innovation

Technology reporting emphasizes integrated data use across plants, cylinders, and trucks, with Air Liquide analyzing 3.5 billion daily data points in 2024 to improve reliability and energy use.

AI in the industrial gases industry

  • 3.5 billion daily data points were used by Air Liquide to improve production reliability, energy consumption and gas-delivery planning in 2024.[1]
  • 24 million gas cylinders were in circulation within Air Liquide’s data and AI ecosystem in 2020.[1]
  • 10,000 trucks supplied operational data for Air Liquide’s Industry 4.0 and AI program in 2020.[1]
  • 500 Air Liquide plants generated operational data used by AI systems in 2023, alongside data from cylinders and delivery vehicles.[1]
  • More than 500 data-and-AI use cases, products and programs were reported by Air Liquide for its value chain in 2026.[1]
  • 9,900 trucks contributed operational data to Air Liquide’s AI and analytics systems in 2023.[1]

Automation in the industrial gases industry

  • 10% was Air Liquide’s target reduction in truck kilometres by 2025 through digital logistics and process optimization.[1]
  • 24 million gas cylinders were tracked within Air Liquide’s digitally enabled distribution network in 2020.[1]
  • 3.5 billion daily data points were analyzed to improve production-unit reliability and energy use at Air Liquide in 2024.[1]
  • 10,000 trucks were connected to Air Liquide’s operational-data systems for logistics optimization in 2020.[1]
  • 3.5 billion daily data points supported integrated-cylinder and integrated-bulk operations programs at Air Liquide in 2024.[1]
  • 8 Smart & Innovative Operations centers remotely manage production sites and optimize energy consumption at Air Liquide in 2025.[1]

Digital Transformation in the chemicals and materials sector (sector benchmark)

  • Among EII businesses, 68% reported adopting AI in 2024, with an estimated 10% productivity increase.[2]
  • Among ASUG chemicals-industry members, 57% identified moving to SAP S/4HANA as a top focus area in 2025.[3]
  • Among ASUG chemicals-industry members, 46% ranked automation among their leading technology focus areas in 2025.[3]
  • Across European chemical subindustries, 65% of companies viewed digitalization as an opportunity that would significantly impact their activities in 2024.[2]

Technology Adoption in the chemicals and materials sector (sector benchmark)

  • Among chemicals organizations surveyed by IBM, 45% had implemented AI for supply-chain optimization in 2025.[4]
  • Among chemicals organizations surveyed by IBM, 49% had implemented AI for production planning and scheduling in 2025.[4]
  • Among chemicals organizations surveyed by IBM, 49% had implemented AI for quality inspection or defect detection in 2025.[4]
  • Among chemicals organizations surveyed by IBM, 53% had implemented AI for real-time process control and optimization in 2025.[4]

Cloud Computing in the chemicals and materials sector (sector benchmark)

  • Among EII businesses, 52% reported increased productivity from cloud computing in 2024, while 46% reported no change.[2]
  • Across chemical-sector companies surveyed by Arthur D. Little and Cefic, more than 35% had at least partially migrated to cloud computing in 2023.[5]
  • Across chemical-sector companies surveyed by Arthur D. Little and Cefic, 15% planned to migrate to cloud computing in coming years in 2023.[5]
  • Among EII businesses, 2% reported decreased productivity from cloud computing in 2024.[2]

Big Data in the chemicals and materials sector (sector benchmark)

  • Among EII businesses, 48% reported increased productivity from big data in 2024.[2]
  • Among EII businesses, 6% reported decreased productivity from big data in 2024.[2]
  • Among ASUG chemicals-industry members, 49% cited gaining actionable insights from data and analytics as a current challenge in 2025.[3]
  • Among EII businesses, 44% reported no productivity change from big data in 2024.[2]

IoT in the chemicals and materials sector (sector benchmark)

  • Among EII businesses, 56% reported no productivity change from IoT in 2024.[2]
  • Across European countries, 29% of firms used IoT on average in 2021.[6]

05 Statistics

Data & Analytics

Analytics coverage links industrial decisions to data quality and measured operational value, including 89% of manufacturers saying data use improved decision-making in 2026.

Business intelligence in the industrial gases industry

  • 22,000 sleep-apnea patients began receiving personalized outcome monitoring supported by Air Liquide digital tools in 2023.[1]
  • 10,000 Air Liquide trucks supplied operational data for descriptive and prescriptive analysis in 2021.[1]
  • 24 million Air Liquide gas cylinders were in circulation and connected to the company’s data ecosystem in 2021.[1]
  • 500+ Air Liquide projects had used data and artificial intelligence by 2023, supporting business and operational decision-making worldwide.[1]
  • 3.5 billion data points were collected daily by Air Liquide from plants, cylinders and trucks in 2023 for asset-management and optimization analysis.[1]
  • 1 monthly report was provided by Air Products ProcessMD with recommended cost-saving actions for monitored industrial-gas facilities in 2020.[7]

Data analytics in the industrial gases industry

  • $1 million in annual productivity savings was associated with Linde’s digital valve-intelligence deployment in 2025.[8]
  • 3 analytics modes—descriptive, predictive and prescriptive—were used by the former Praxair organization to optimize industrial-gas operations and logistics.[9]
  • 1 dedicated industrial-IoT subsidiary supported Air Liquide’s data storage, processing and digital-service development in 2021.[1]
  • 1 AI Council approved Linde’s global artificial-intelligence policy on July 31, 2026.[10]
  • 500+ Air Liquide data-and-AI use cases or projects had been developed by 2023.[11]
  • 3.5 billion daily data points were analyzed by Air Liquide to improve production reliability, energy use and gas-delivery planning in 2023.[1]

Data Quality in the chemicals and materials sector (sector benchmark)

  • 42% of manufacturers had a process to verify manufacturing-data accuracy and quality in 2026, while 51% did not.[12]
  • 49% of supply-management organizations rated their data quality as good or excellent in 2024, based on an Institute for Supply Management survey.[13]
  • 44% of companies in the manufacturing survey reported AI-project failures caused by poor data quality in 2025, across surveyed manufacturers.[14]
  • 89% of manufacturers said data use improved their decision-making processes in 2026, across the surveyed manufacturing sector.[12]
  • 80% of manufacturers reported a measured value for their operational data in 2026, across the surveyed manufacturing sector.[12]
  • 67% of supply-management organizations said their data quality was better or significantly better than two years earlier in 2024.[13]

Data Governance in the chemicals and materials sector (sector benchmark)

  • 52% of global chemical companies had established performance management or KPIs around digital supply chains in 2022.[15]
  • 67% of GCC chemical companies had established performance management or KPIs around digital supply chains in 2022.[15]
  • 28% of manufacturers had a data-governance leader in 2026, across the Manufacturing Leadership Council survey.[12]
  • 61% of supply-management organizations had a dedicated data-governance function in 2024, based on a survey of more than 121 respondents.[13]
  • 46% of GCC chemical companies had established common data standards with collaboration partners in 2022.[15]
  • 90% of supply-management organizations agreed or strongly agreed that data governance was necessary in 2024.[13]

KPIs in the industrial gases industry

  • 31% was Messer’s EBITDA margin in 2025, a profitability KPI for its global industrial-gases business.[16]
  • 2 million business customers were served by Air Liquide in the company profile used for 2026 reporting.[1]
  • 1,800 miles of industrial-gas pipeline were operated by Air Products in fiscal 2025, supporting network reliability and availability monitoring.[17]
  • 65,000 Linde employees worked across more than 80 countries in 2025, the organizational scope for global operational KPI management.[10]
  • 750+ Air Products production facilities were operating worldwide in fiscal 2025 and formed the company’s industrial-gas operating footprint.[17]
  • 250,000 Air Products customers were served across approximately 50 countries in fiscal 2025, providing the scale for customer-service KPI tracking.[17]

06 Statistics

Strategy & Growth

Strategy coverage highlights contract duration and long-duration customer alliances, including 15 years as the minimum duration of many Large Industries contracts.

Growth in the industrial gases industry

  • $12.0 billion in fiscal-year 2025 sales were reported by Air Products, which operates in approximately 50 countries and serves more than 30 industries.[17]
  • €5.5 billion was Air Liquide’s investment backlog at the end of the first quarter of 2026, up from €4.9 billion at the end of 2025.[18]
  • €4.5 billion was Air Liquide’s 12-month portfolio of investment opportunities in the first quarter of 2026.[18]
  • €4.2 billion of investment decisions were reached by Air Liquide in 2025, excluding its approximately €3 billion acquisition of DIG Airgas.[1]
  • $7.1 billion was Linde’s sale-of-gas backlog for large projects under construction at December 31, 2024.[19]
  • €4.9 billion was Air Liquide’s investment backlog at the end of 2025, supporting the company’s stated growth trajectory.[1]

Differentiation in the industrial gases industry

  • 15 years is the minimum duration of many Air Liquide Large Industries contracts, providing long-term supply visibility and indexed pricing.[1]
  • 6 companies and 195 employees comprise the WKS Group acquired by Messer in Singapore and Malaysia to broaden industrial-gas and related services.[20]
  • 1.1 million metric tonnes of CO2 per year is the planned capture capacity of Air Liquide’s solution for Holcim’s near-zero cement plant in Belgium.[1]
  • 250,000 customers were served by Air Products in approximately 50 countries in fiscal year 2025, demonstrating broad industrial-gas customer coverage.[17]
  • 7 major end-market groups are listed by Linde: healthcare, chemicals and energy, manufacturing, metals and mining, food and beverage, and electronics, alongside other applications.[8]
  • 423 miles is the length of the crude-helium pipeline included in the U.S. Federal Helium System targeted by Messer in 2024.[20]

Mergers and acquisitions in the industrial gases industry

  • 800 billion South Korean won was the local bank loan used by Air Liquide in January 2026 to help finance the DIG Airgas acquisition.[1]
  • 14.8 times was the reduced EBITDA multiple for Air Liquide’s DIG Airgas acquisition when signed-project backlog and cost synergies were included.[1]
  • 220 kilometers of pipeline networks were operated by DIG Airgas in South Korea before its acquisition by Air Liquide.[1]
  • $317 million was Linde’s acquisition spending in 2024, primarily related to packaged-gas businesses in the Americas.[19]
  • $953 million was Linde’s acquisition spending in 2023, primarily related to its acquisition of nexAir in the Americas.[19]
  • 20.2 times was the 2024 EBITDA multiple for Air Liquide’s proposed acquisition of DIG Airgas, including 49% of Green Air JV EBITDA.[1]

Strategic partnerships in the industrial gases industry

  • $1.81 billion was the value of Honeywell’s transaction with Air Products, combining LNG technology and equipment with Honeywell’s energy-transition portfolio.[21]
  • 8 on-site air-separation units will operate under Linde’s expanded industrial-gas supply agreement with Samsung in Pyeongtaek, South Korea.[10]
  • 2 companies, Bloom Energy and Chart Industries, formed a 2025 carbon-capture partnership using natural gas and fuel cells for near-zero-carbon power.[22]
  • 15 years is the minimum term for many Air Liquide Large Industries contracts, creating long-duration customer alliances with take-or-pay provisions.[1]
  • 19 European hospitals and clinics had contracted Air Liquide for certified low-carbon oxygen and nitrogen by 2024, alongside one Brazilian contract.[11]
  • €3 billion was Air Liquide’s approximate investment in the DIG Airgas transaction, which it described as strengthening its South Korean industrial and electronics ecosystem.[1]

07 Statistics

People & Workforce

Workforce reporting includes training and safety metrics alongside engagement, including Linde employees receiving 38 safety-training hours globally in 2025.

Hiring in the industrial gases industry

  • 32% of Air Products’ college hires were U.S. minorities in 2023.[7]
  • 65,289 employees worked at Linde at December 31, 2024, a decrease of 1,034 from 2023.[8]
  • 88 new employees joined Nippon Sanso Corporation and its Japanese subsidiaries in fiscal 2023.[23]
  • 39% of Air Products’ college hires were women in 2023.[7]
  • 3,161 new employees joined Nippon Sanso Holdings globally in fiscal 2022.[24]

Employee retention in the industrial gases industry

  • Air Liquide recorded 8,995 employee departures, equal to a 13.5% turnover rate, in 2024.[25]
  • Nippon Sanso Corporation and its Japanese subsidiaries had a 4.5% employee turnover rate in fiscal 2024.[23]
  • Linde’s global voluntary turnover rate, including retirements, was 5.8% in 2025.[8]
  • Nippon Sanso Corporation’s average consecutive service was 18.7 years in fiscal 2023.[23]
  • Nippon Sanso Holdings’ global employee turnover rate was 4.2% in fiscal 2023.[26]

Remote Work in the chemicals and materials sector (sector benchmark)

  • Across U.S. remote-capable employees, 25% worked exclusively remotely in August 2026.[27]
  • Among U.S. energy, natural-resources and chemicals workers, 25% preferred mostly remote work in 2025.[28]
  • Among U.S. energy, natural-resources and chemicals workers, 8% preferred fully remote work in 2025.[28]
  • Across U.S. chemical and pharmaceutical manufacturing employers, 5.7% of positions were fully remote in 2024.[29]

Hybrid Work in the chemicals and materials sector (sector benchmark)

  • Across U.S. remote-capable employees, 61% preferred a hybrid work arrangement in November 2025.[27]
  • Across U.S. chemical and pharmaceutical manufacturing employers, 44.5% of positions were fully hybrid in 2024.[29]
  • Across U.S. remote-capable employees, 54% worked in a hybrid arrangement in August 2026.[27]
  • Across U.S. hybrid employees, 48% said their team had not discussed a formal or informal collaboration plan in 2026.[27]
  • U.S. hybrid employees spent an average of 46% of their workweek on-site in 2026.[27]

Upskilling in the industrial gases industry

  • Linde employees received an average of 38 safety-training hours globally in 2025.[8]
  • Nippon Sanso Holdings recorded 42,309 employee training hours globally in fiscal 2022.[24]
  • Nippon Sanso Holdings recorded 70,599 employee training hours globally in fiscal 2024.[26]
  • Linde employees received an average of 59 formal training hours globally in 2025.[8]
  • Linde employees received an average of 41 safety-training hours globally in 2024.[8]

Employee Engagement in the chemicals and materials sector (sector benchmark)

  • Among global managers, 22% were engaged at work in 2025, compared with 19% of non-managers.[27]
  • Across best-practice organizations recognized by Gallup, 70% of employees were engaged in 2025.[27]
  • Across employees in the United States and Canada, 31% were engaged at work in 2025.[27]
  • Across employees worldwide, 20% were engaged at work in 2025.[27]
  • Across employees in the United States, 32% were engaged at work in 2025.[27]

DEI in the industrial gases industry

  • Women held 2.4% of Nippon Sanso Corporation’s managerial positions in fiscal 2024.[23]

08 Statistics

Customer & Sales

Customer and sales reporting focuses on long-term agreements and retention, including 90% annual customer-retention targets achieved from 2018 through 2020.

Customer experience in the industrial gases industry

  • 4.3 out of 5 was Linde India’s reported Customer Satisfaction Index across all surveyed verticals, India.[30]
  • Around 80% of Linde’s liquefied-gas and cylinder-gas revenue was covered by its 29-country customer-survey program in 2017.[8]
  • More than 85% of Linde India customers reported high satisfaction in the company’s customer-experience survey, India.[30]
  • 4.2 out of 5 was Linde India’s reported Customer Effort Score among purchasers, India.[30]
  • Over 400,000 customer-experience submissions had been received by Linde since its program launched in 2016, globally.[8]

Customer retention in the industrial gases industry

  • 3 to 7 years is the usual term for Linde merchant-gas supply agreements, globally.[8]
  • 3 to 5 years is the normal term for Air Products liquid-bulk industrial-gas customer contracts, globally.[19]
  • 90% was Linde’s annual customer-retention target, achieved in each year from 2018 through 2020, globally.[31]
  • 1 to 3 years is the typical term for Linde packaged-gas supply contracts, globally.[8]
  • The largest Air Liquide customer represented only 2.1% of total sales in 2025, globally.[1]

Customer acquisition in the industrial gases industry

  • €2.85 billion was the enterprise value of Air Liquide’s announced DIG Airgas acquisition in South Korea in 2025.[1]
  • 60 DIG Airgas plants served the South Korean industrial-gas market before its acquisition by Air Liquide was announced in 2025.[1]
  • 220 kilometers of pipeline networks were operated by DIG Airgas in South Korea before its acquisition by Air Liquide was announced in 2025.[1]
  • 130,000 connected OYAN cylinders were in use across European hospitals, nursing homes and emergency services in 2025.[1]
  • 30-plus industries were served by Air Products in fiscal 2025, indicating the breadth of its industrial-gas customer-acquisition markets, globally.[17]

Customer loyalty in the industrial gases industry

  • 80% or more of global outsourced industrial-gas revenue was accounted for by Linde, Air Liquide, Air Products and Nippon Sanso, according to Artisan Partners.[32]
  • 90% was Air Liquide’s reported customer-satisfaction rate in 2025, globally.[11]
  • More than 95% is the on-site customer-retention rate cited by Artisan Partners for industrial-gas suppliers, globally.[32]
  • Around 500 major customers generated one-third of Linde’s Gases Division revenue in 2017, globally.[8]
  • 10 to 20 years is the typical duration of Linde on-site contracts, creating long-term supplier relationships, globally.[8]

Lead generation in the industrial gases industry

  • 250,000 customers were served by Air Products across about 50 countries in fiscal 2025, representing its addressable industrial-gas account base.[17]
  • 185 Airgas telesales employees generated more than $220 million in annual sales by managing customer relationships by telephone, United States.[33]
  • More than $220 million in annual sales came from Airgas’s telesales-led customer-relationship operation, United States.[33]
  • Four regional call centers housed Airgas’s 185-person telesales force, United States.[33]
  • 29 countries participated in Linde’s annual customer-survey process, creating structured customer-contact opportunities in 2017.[8]

09 Statistics

Marketing & Brand

Brand and customer-experience coverage uses measurable program outputs, including more than 400,000 customer-experience submissions received since 2016.

Marketing in the industrial gases industry

  • 66,500 employees supported Air Liquide’s global gases, technologies and services business in 2024.[34]
  • 60 countries were covered by Air Liquide’s operations in 2024, providing the geographic base for its industrial-gas marketing activities.[34]
  • More than 2,500 customers were served by Air Liquide across eastern China in 2025 following a regional acquisition.[1]
  • 62% of Linde’s sales came from resilient end markets such as healthcare, food and beverage, and electronics in the company’s latest reported profile.[10]
  • Two of the largest U.S. refiners signed new long-term supply agreements with Air Liquide in connection with its 2025 Gulf Coast expansion.[1]

Digital marketing in the industrial gases industry

  • 900+ sales outlets formed part of Airgas’s U.S. integrated customer approach alongside telemarketing and an e-commerce portal in 2019.[1]
  • 10% of Linde India’s digital productivity improvement in 2023 was attributed to artificial intelligence and machine learning.[8]
  • 2017 marked the launch of Air Liquide’s global Voice of Customer digital platform for collecting and analyzing customer feedback.[35]
  • 66 billion dollars was the estimated global Industry 4.0 market size in 2017 in Air Liquide’s digital-transformation discussion.[1]
  • 155 billion dollars was the projected global Industry 4.0 market size for 2024 in Air Liquide’s digital-transformation discussion.[1]

Branding in the industrial gases industry

  • 81 out of 100 was Air Liquide’s Brand Strength Index score in Brand Finance’s 2023 chemicals ranking.[36]
  • One Linde brand was retained after the Praxair merger, a decision associated with Linde’s rise to a $2.9 billion brand value in 2020.[36]
  • 1902 was the founding year of Air Liquide, a date embedded in the company’s corporate brand identity.[1]
  • AAA- was Air Liquide’s Brand Strength Index rating in Brand Finance’s 2023 chemicals ranking.[36]
  • 80+ countries were covered by Linde’s corporate brand and operating footprint in its latest company profile.[10]

Social media in the industrial gases industry

  • 165,000 social-media followers were reported across LinkedIn, Facebook and Instagram for the Chemeca 2024 event audience.[37]
  • One dedicated Air Liquide Group Facebook page was listed among the company’s official social channels in 2024.[34]
  • Four official social channels were listed in Air Liquide’s 2024 integrated annual report: LinkedIn, YouTube, Instagram and Facebook.[34]
  • One dedicated Air Liquide Group YouTube account, @AirLiquideGroup, was listed in the company’s 2024 integrated annual report.[34]
  • Two promotional graphics were attached to Air Products’ social-media post shown in its December 2024 filing.[17]

Influencer Marketing in the chemicals and materials sector (sector benchmark)

  • Across B2B companies, 55% of marketers used creators in 2025, based on a March 2025 Ipsos survey of 1,500 marketing professionals.[38]
  • Across B2B companies, 43% of marketers reported outstanding results from influencer programs in the 2025 B2B Influencer Marketing Report.[39]
  • Across B2B companies, 56% of marketers identified social-media posts as the most effective influencer-program content type in a September 2024 U.S. survey.[40]
  • Across B2B companies, 29% of marketers planned to adopt influencer marketing within the following year in a March 2025 Ipsos survey.[38]
  • In U.S. manufacturing, 19% of marketers used influencer marketing among paid channels in the prior 12 months, according to a 2025 industry benchmark.[41]

10 Statistics

Operations & Execution

Operations reporting quantifies energy and margin outcomes, including 20.7% Air Liquide operating margin in 2025.

Process optimization in the industrial gases industry

  • 12% is the average annual plant-operating-cost saving expected within three years by process-industry manufacturers pursuing digital-transformation initiatives, including industrial-gas-relevant process manufacturing.[42]
  • 3,169 GWh of Nippon Sanso Holdings’ FYE2024 energy consumption was electricity used in its industrial-gas operations.[23]
  • 3,389 GWh was Nippon Sanso Holdings’ reported energy consumption in FYE2024, including electricity, fuels and heat used across its operations.[23]
  • 300 million U.S. dollars is the combined value of three Air Liquide production and pipeline projects announced in the United States in 2025.[11]
  • 10% is Nippon Sanso Holdings’ target reduction in waste intensity by FYE2030 versus its FYE2025 baseline through improved production efficiency and recycling.[43]

Operational efficiency in the industrial gases industry

  • 97% of Air Liquide’s 2025 group revenue came from Gas & Services activities.[11]
  • 4% was Air Products’ fiscal-2025 volume decline, partly offset by pricing and energy-cost pass-through.[19]
  • 20.7% was Air Liquide’s 2025 operating margin, representing a 100-basis-point improvement excluding energy impacts.[11]
  • 65,177 employees worked for Linde globally in 2025, supporting its worldwide industrial-gases production, distribution and engineering operations.[8]
  • 45% of Air Liquide’s 2025 revenue by activity came from Industrial Merchant operations.[11]

Quality management in the industrial gases industry

  • 1.85 lost-time injury rate per million work hours was reported by Nippon Sanso Holdings for FYE2025.[43]
  • 48 lost-time accidents involving Air Liquide employees and temporary workers were recorded in 2025, compared with 86 in 2024.[11]
  • 2 meetings per year are held by Nippon Sanso Holdings’ Technology Risk Liaison Committee to address quality assurance, safety, environmental and intellectual-property risks.[43]
  • 75% was Nippon Sanso Holdings’ waste-recycling rate in FYE2024, measured as landfill-avoidance rate for reported waste.[23]
  • 1.3 or below is Nippon Sanso Holdings’ FYE2030 target for lost-time injuries per million work hours.[43]

Supply chain in the industrial gases industry

  • 250,000 customers were served by Air Products in approximately 50 countries in fiscal 2025.[17]
  • 1,800 miles of industrial-gas pipeline were operated by Air Products in fiscal 2025.[17]
  • 19% of Air Liquide’s 2025 Gas & Services revenue came from Asia Pacific, while the Americas contributed 40%.[11]
  • 10% of Linde’s 2025 sales came from engineering and other activities, while 90% came from its three regional industrial-gases segments.[8]
  • 4.3 million customers and patients were served by Air Liquide in 2025 across its global gas and healthcare activities.[11]

Outsourcing / Offshoring in the chemicals and materials sector (sector benchmark)

  • Across 22 EU countries and Norway, 34.1% of enterprises engaged in international sourcing cited labour-cost reduction as a motivation during 2021–2023.[44]
  • Across North American specialty chemicals, 50% of customer respondents actively drove onshoring projects with suppliers but reported no success in 2025.[45]
  • Across North American specialty chemicals, 100% of customer respondents allocated only 0–25% of company capital expenditure to reshoring projects in 2025.[45]
  • Across North American specialty chemicals, 43% of customer respondents actively drove onshoring projects with suppliers and achieved some success in 2025.[45]
  • Across 22 EU countries and Norway, 72.8% of enterprises engaged in international sourcing moved business functions to other EU countries during 2021–2023.[44]

11 Statistics

Finance & Pricing

Finance and pricing coverage connects growth to price attainment and energy/feeedstock pass-through, including Linde price attainment contributing 2% to 2025 sales growth.

Pricing strategy in the industrial gases industry

  • 3.4% was Air Liquide’s Industrial Merchant price effect in the first quarter of 2026.[1]
  • 3% was Linde’s 2025 price/mix contribution to Americas sales growth, covering industrial-gas operations in about 20 countries.[8]
  • 4.0% was Air Liquide’s 2024 price effect in Industrial Merchant, offsetting lower gas volumes and weaker U.S. hardgoods sales.[11]
  • 8.4% was Air Liquide’s 2023 Industrial Merchant price impact, with resilient volumes supporting sales growth.[1]
  • 3–7 years is the usual term for Linde’s merchant industrial-gas supply agreements, which generally lack minimum volume commitments.[8]

Cost reduction in the industrial gases industry

  • 142 million euros were Air Liquide’s efficiencies in the first quarter of 2026, a record first-quarter level.[1]
  • 5% was Linde’s 2025 Americas sales growth, with productivity initiatives helping operating profit rise despite cost inflation.[46]
  • More than 1,000 industrial efficiency projects supported Air Liquide’s efficiencies through procurement and continuous-improvement programs in 2026.[18]
  • 17.4% was the increase in Air Liquide’s first-quarter 2025 efficiencies, which reached 131 million euros.[1]
  • 8.3% was the year-on-year increase in Air Liquide’s first-quarter 2026 efficiencies.[18]

Profitability in the industrial gases industry

  • 14.9% was Nippon Sanso’s core operating margin for the year ended March 31, 2026.[47]
  • 31.2% was Linde’s 2025 operating margin in the Americas industrial-gases segment.[8]
  • 30.2% was Air Liquide’s operating-income-recurring-before-depreciation-and-amortization margin for 2025.[47]
  • 29.8% was Linde’s adjusted operating margin for the year ended December 31, 2025.[47]
  • 20.7% was Air Liquide’s recurring operating margin for the year ended December 31, 2025.[47]

Financial planning in the industrial gases industry

  • 5.2 billion dollars were Air Products’ capital expenditures in fiscal 2024.[31]
  • 460 basis points was Air Liquide’s 2022–2026 operating-margin improvement ambition excluding energy impact announced in 2025.[1]
  • 4.2 billion euros were Air Liquide’s investment decisions in 2025, excluding its approximately 3-billion-euro DIG Airgas acquisition.[1]
  • 5.261 billion dollars were Linde’s capital expenditures in 2025, up from 4.497 billion dollars in 2024.[8]
  • 4.9 billion euros was Air Liquide’s investment backlog at the end of 2025.[1]

12 Statistics

Product & Service

Product and service coverage shows distribution scale and connected assets, including 130,000 OYAN connected cylinders in service across Europe in 2025.

Product development in the industrial gases industry

  • 50,000 cylinders of specialty materials were delivered annually by Air Liquide Electronics in 2024, primarily to semiconductor customers.[1]
  • 64% of Linde’s 2025 sales were generated outside the United States, supporting global development of gas-processing, separation, liquefaction, and clean-energy technologies.[8]
  • 3 principal Linde research-and-development locations were identified in 2025: Pullach, Tonawanda, and Burr Ridge, with additional R&D in Shanghai.[8]
  • 45% was the maximum reduction in carbon-dioxide emissions reported for Air Liquide’s combined oxy-combustion and HeatOx technology in battery-material applications in 2025.[1]
  • 200 different molecules were offered by Air Liquide’s Electronics business in 2024 for semiconductor and related applications worldwide.[1]

Product lifecycle in the industrial gases industry

  • 1,800 miles of industrial-gas pipeline were operated by Air Products in 2025 across its global industrial-gases network.[17]
  • 750 production facilities were reported by Air Products in 2025 for its industrial-gases operations worldwide.[17]
  • 50 European, Middle Eastern, and African countries contained Linde subsidiaries in 2025, supporting regional industrial-gas product lifecycles.[8]
  • 15 years was the average term of Air Liquide Electronics carrier-gas contracts in 2024, extending the commercial lifecycle of on-site supply assets.[1]
  • 15 Asian and South Pacific countries contained Linde subsidiaries in 2025, including China, Australia, India, and South Korea.[8]

After-sales in the industrial gases industry

  • 50-plus Chart service centers supported installation, retrofitting, refurbishment, spares, repair, maintenance, and leasing globally in 2024.[19]
  • 130,000 OYAN connected cylinders were in service across Europe in 2025, providing real-time inventory and tracking capabilities to healthcare customers.[1]
  • 2,500-plus organizations used Chart’s Ventsim DESIGN software in 2024, with support provided across mines, universities, consultants, governments, and research organizations.[19]
  • 7% of Air Liquide Electronics revenue came from services in 2024, including gas, materials, and chemical management and analysis.[1]
  • 16% of Air Liquide Electronics revenue came from equipment and installation in 2024, supporting customer-site gas and chemical distribution systems.[1]

Value proposition in the industrial gases industry

  • $8.1 billion of Linde sale-of-gas projects were supported by long-term agreements, according to the company’s investor profile.[10]
  • $34 billion was Linde’s global sales in 2025, generated from industrial gases, engineering, technologies, and services across more than 80 countries.[8]
  • 96 million metric tons of carbon-dioxide equivalent were avoided annually through Linde customer applications, according to the company’s current value proposition disclosure.[10]
  • 49% of Linde’s 2025 revenue, or $16.6 billion, came from its sustainability portfolio of environmental and social applications.[8]
  • 65,000-plus employees supported Linde’s industrial-gases and engineering operations globally in 2025.[8]

13 Statistics

Sustainability & Ethics

Sustainability reporting combines emissions and incident metrics, including Air Liquide Scope 1 and Scope 2 emissions 11.1% below its 2020 baseline in 2024.

Sustainability in the industrial gases industry

  • $277 million was invested in Linde’s internal decarbonization projects globally in 2025.[8]
  • 18% of Linde’s electricity came from actively sourced renewable energy globally in 2025.[8]
  • 0.7 was Air Liquide’s lost-time accident frequency rate globally in 2024.[1]
  • Air Liquide’s Scope 1 and Scope 2 emissions were 11.1% below its 2020 baseline globally in 2024.[1]
  • 50% of Linde’s electricity was low-carbon, including active and grid-supplied sources, globally in 2025.[8]

ESG in the industrial gases industry

  • 72.67 million megawatt-hours was Linde’s total energy consumption globally in 2024.[8]
  • 6.01 million megawatt-hours of actively sourced renewable energy were used by Linde globally in 2024.[8]
  • 14% of Linde’s electricity came from actively sourced renewable energy globally in 2024.[8]
  • 47% of Linde’s electricity was low-carbon, including active and grid-supplied sources, globally in 2024.[8]
  • 23,830 metric tons of hazardous waste were generated by Linde globally in 2024, excluding hazardous waste sold for recycling.[31]

Ethics in the industrial gases industry

  • 422 of Air Liquide’s 2024 whistleblowing alerts concerned human resources globally.[48]
  • 55 of Air Liquide’s 2024 whistleblowing alerts concerned fraud globally.[48]
  • 53 of Air Liquide’s 2024 whistleblowing alerts concerned other compliance matters globally.[48]
  • 28 of Air Liquide’s 2024 whistleblowing alerts concerned health, safety or environmental matters globally.[48]
  • 65,000 employees worked for Linde globally in 2024.[8]

CSR in the industrial gases industry

  • 1,027 Airgas employees participated in community activities in the United States in 2023.[1]
  • 56 community volunteer activities were completed by Airgas employees in the United States in 2023.[1]
  • 3,870 volunteer hours were contributed by Airgas employees in the United States in 2023.[1]
  • 100% of Air Liquide employees received a common base of social coverage globally in 2024.[1]
  • More than 800 community projects were completed by Linde employee volunteers globally in 2024.[8]

Circular economy in the industrial gases industry

  • 0.9 million tonnes of Nippon Gases’ 2024 waste were not reported as waste because metal scrap was sold and recycled.[49]
  • 3.40% was Nippon Gases’ non-hazardous-waste landfill percentage in fiscal year 2024.[49]
  • 40 years is the approximate service life of Linde’s reusable metal gas cylinders globally.[31]
  • 60% was the maximum potential reduction in wasted greenhouse-gas emissions under aggressive chemical-recycling scenarios in the study.[50]
  • 65% was Nippon Gases’ waste-intensity index in fiscal year 2024 relative to its fiscal-year-2020 base year.[49]

Carbon footprint in the industrial gases industry

  • 19.37 million metric tons of CO₂e were Linde’s market-based Scope 2 emissions globally in 2025.[8]
  • 58.18 million tonnes of CO₂e were Air Liquide’s total market-based greenhouse-gas emissions globally in 2024.[1]
  • 34.9 million tonnes of CO₂e were Air Liquide’s Scope 1 and Scope 2 emissions globally in 2024.[1]
  • 2.20 million metric tons of CO₂e were emitted by Linde air-separation units under Scope 1 globally in 2025.[8]
  • 24.59 million metric tons of CO₂e were Linde’s reported Scope 3 emissions globally in 2025.[8]

15 Statistics

Globalization & Expansion

Expansion reporting ties geographic footprint to commercial scale, including Linde operations in approximately 20 countries across the Americas in 2025.

Globalization in the industrial gases industry

  • Messer’s 2024 Americas sales included approximately €1.6 billion from the United States, €0.3 billion from Canada and €0.4 billion from Latin America.[20]
  • Linde operated industrial-gases businesses in approximately 20 countries across the Americas in 2025.[19]
  • 90% of Linde’s 2025 sales came from its Americas, EMEA and APAC industrial-gases segments.[19]
  • Linde employed more than 65,000 people globally and served industries in more than 80 countries in 2024.[8]
  • Messer generated approximately €4.5 billion in sales in 2024 from its international industrial, medical and specialty-gases business.[20]

Cultural adaptation in the industrial gases industry

  • Air Liquide’s healthcare contracts in certain countries lasted one to five years and were awarded regionally or by pathology in 2024.[1]
  • Air Liquide used a 70-20-10 learning model in 2024, assigning 70% of learning to practice, 20% to interaction and 10% to training.[1]
  • Air Liquide’s top 50 customers represented around 28% of sales in 2024, indicating a geographically and commercially diverse customer base.[1]
  • Air Liquide’s largest customer represented 2% of group revenue in 2024, reflecting adaptation across a broad local customer base.[1]
  • Air Liquide’s top 10 customers represented around 12% of sales in 2024, leaving approximately 88% distributed among other customers and markets.[1]

Supplier management in the industrial gases industry

  • Linde’s merchant-gas customer agreements were usually three to seven-year requirement contracts in 2024.[8]
  • Messer inaugurated construction of Belgium’s first industrial-scale green-hydrogen production plant in 2024.[20]
  • Messer secured helium volumes in the United States during 2024 as part of its industrial-gases supply management.[20]
  • Linde’s intersegment Engineering sales to industrial-gases businesses were $1.479 billion in 2023.[19]
  • Linde generated $1.958 billion of intersegment sales from Engineering to industrial-gases segments in 2024.[19]

Stakeholder management in the industrial gases industry

  • Air Liquide’s top 10 customers accounted for approximately 12% of sales in 2024.[1]
  • Messer employed more than 11,800 people at the end of 2024, up from approximately 11,500 the previous year.[20]
  • Air Liquide operated employee career interviews in 2024 to discuss career plans with line or human-resources managers.[1]
  • Linde generated 54% of gases revenue, or $16 billion, from its sustainability portfolio in 2024.[8]
  • Air Liquide measured employee engagement through the annual My Voice questionnaire in 2024.[1]

Distribution channels in the industrial gases industry

  • Linde’s 2025 Americas on-site sales were $0.893 billion, compared with $0.424 billion in EMEA and $0.717 billion in APAC.[19]
  • Linde stated that packaged gases could be delivered to customers or collected at packaging facilities or retail stores in 2024.[8]
  • Linde’s 2025 Americas merchant sales were $1.242 billion, compared with $0.736 billion in EMEA and $0.591 billion in APAC.[19]
  • Linde’s 2024 consolidated sales were $2.501 billion through merchant distribution, representing 30% of total sales.[19]
  • Linde’s 2025 consolidated sales were $3.033 billion through packaged-gas distribution, representing 35% of total sales.[19]

Key questions about the industrial gases industry

What was the global industrial gases market size in 2025, and what is the 2026 base estimate?
The global industrial gases market was estimated at $119.1 billion in 2025. Grand View Research also estimated it at $127.3 billion in 2026.
How fast is the industrial gases market expected to grow from 2026 to 2033?
Grand View Research forecasts 4.4% CAGR from 2026 to 2033. It targets a rise to $172.6 billion by 2033.
Which companies lead the industrial gases industry?
Linde leads Gitnux's 2026 industrial gases ranking with an Overall score of 9.6, with Linde sales of $34.0B in 2025 and 26.3% operating margin. SOL Group is the runner-up at 8.9, with 10.3% revenue growth and 15.2% operating margin.
Which technology shifts show up most in industrial-gas operations and applications?
Semiconductor gases are accelerating with AI fabs, and carbon management is moving toward infrastructure. Digital logistics and analytics show large operational-data volumes, including 3.5 billion daily data points analyzed by Air Liquide.
How concentrated is the industrial-gases market at the top end?
A 2025 industry report stated that Linde, Air Liquide, and Air Products together account for more than 70% of global industrial-gas market share.
How are industrial-gas purchasing decisions typically shaped?
Purchasing is primarily business-to-business and shaped by reliability, purity, delivery mode, site proximity, and contract terms rather than consumer retail behavior. Linde also states most business is conducted through long-term contracts.
Reference

Cite This Report

This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.

APA
Samuel Norberg. (2026, November 10). Industrial Gases Industry Statistics. Gitnux. https://gitnux.org/industrial-gases-industry-statistics
MLA
Samuel Norberg. "Industrial Gases Industry Statistics." Gitnux, 10 Nov 2026, https://gitnux.org/industrial-gases-industry-statistics.
Chicago
Samuel Norberg. 2026. "Industrial Gases Industry Statistics." Gitnux. https://gitnux.org/industrial-gases-industry-statistics.

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