The Linde Group, Air Liquide and Air Products and Chemicals, Inc. are dominating the market for global medical gas market in 2018

THE LINDE GROUP

The company was founded in 1880, headquarter in Dublin, Republic of Ireland .The company is involved in innovating and manufacturing medical gases and medical gas mixture, including calibration gases, medicinal oxygen, inhaled nitric oxide, medical carbon dioxide, helium/oxygen mixtures, nitrogen etc., which are key components of medical gases. The main business segments of the company are Products and Category. The revenue of the company is USD 21,074.15 Million. Number of employees is 57,605. The company has global presence in EMEA, Americas, and Asia Pacific

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In January 2017, Linde Gas North America LLC, a subsidiary of Linde gas, has acquired a leading provider of respiratory equipment repair services and medical oxygen. This acquisition will help Linde Gas in strengthening their medical gas market in the U.S.

AIR LIQUIDE

The company was founded in 1902, headquarter in Paris, France. Company is involved in providing industrial gases & services to various industries including chemical, electronic and medical manufacturers. The main business segments of the company are Gas & Services. The revenue of the company is USD 24,839.79 Million. Number of employees is 65,000. The company has global presence in Americas, Europe, Asia-Pacific, Middle East & Africa.

In January 2018, Air Liquide entered Saudi Arabia’s healthcare market by acquiring the respiratory unit of Thimar Al Jazirah (Saudi Arabia). This strategy helped the company to expand its business in healthcare activity and enhance its customer base in the Middle East.

AIR PRODUCTS AND CHEMICALS, INC.

Air Products and Chemicals, Inc. was founded in 1940 and headquartered in Pennsylvania, U.S. The company involved in offering customers of a wide range of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage by supplying product of atmospheric and process gases, equipment and services. The main business segments of the company are Industrial Gases– Americas, Industrial Gases–EMEA, Industrial Gases– Asia, Industrial Gases–Global. The revenue of the company is USD 8,930.00 Million. Number of employees is 16,300. The company has global presence in U.S./Canada, Europe/Middle East/Africa, China, Asia (excluding China), Latin America

In November 2018, Air Products and Sonatrach declared about their industrial gases contracts in Algeria. For Air Products and Chemicals the HELIOs plant is very important as this can increase the amount of liquid helium produced in their JV plant.