The high purity gas market is projected to grow from USD 37.46 billion in 2025 to USD 52.78 billion by 2030, at a CAGR of 7.1% during the forecast period.
High-purity gases refer to the gases that are supplied in high concentrations and involve lower levels of other gases. These gases are produced, handled, and used with extremely low levels of contaminants. The purity of these gases ranges from 99.998% to 99.999%. These gases include atmospheric gases, noble gases, carbon gases, and other gases. High purity gases are designed for specialized applications such as semiconductor devices, flat display panels, LEDs, LCDs, smartphones, laptops, respiratory therapy, diagnostics, chemical synthesis, and metal fabrication. Additionally, these gases are carried in cylinders/packaged gas containers for reliable and efficient storage, distribution, and transportation of gases. High purity gases are used in various industries, including electronics, metal production, chemicals, oil & gas, medical & healthcare, and food & beverages.
Some of the major manufacturers operating in the high purity gas market are Linde Plc (Ireland), Air Liquide (France), Air Products and Chemicals, Inc. (US), Iwatani Corporation (Japan), Messer SE & Co. KGaA (Germany), Daigas Group (Japan), Nippon Sanso Holdings Corporation (Mitsubishi Chemical Group Corporation, Japan), SOL Spa (Italy), Ingas (Ukraine), Gruppo SIAD (Italy), Resonac Holdings Corporation (Japan), and LLC “Akela-N” (Russia).
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Many of the major players have been adopting various growth strategies in the past few years to strengthen their position in the global high purity gas market. These growth strategies include agreements, product launches, contracts, collaborations, mergers & acquisitions, partnerships, and research & development activities, aiming to expand their market presence in the high purity gas market.
Air Liquide (France)
Air Liquide is a leading provider of various technologies, gases, and services for the healthcare and industrial sectors. It operates its business through three main segments: Gas & Services, Engineering & Construction, and Global Markets & Technologies. The company is a global leader that produces and supplies high-purity gases under the Gas & Services business segment. High-purity gases provided by Air Liquide are used in a wide range of applications in the healthcare and industrial sectors. Air Liquide has its operations spread across 80 countries, mainly in Europe, Asia Pacific, North America, South America, and Africa. The company outlines long-term agreements as one of the key practices for growing its high purity gas market business.
Linde Plc (Ireland)
Linde Plc is a leading global manufacturer of compressed and liquefied gases and chemicals for various industries. The company operates through two major business segments: Industrial Gases and Engineering. The Industrial Gases segment focuses on the manufacturing and distribution of atmospheric and process gases. On the other hand, the Engineering segment designs and manufactures equipment for air separation and other industrial gas applications. The company and its two major subsidiaries: Portagas, Inc. and Praxair India Private Limited, are spread across more than 100 countries in Asia Pacific, Europe, North America, and South America.
To solidify its position as a market leader in the high purity gas market, Linde Plc has adopted both organic and inorganic growth strategies. These include various product launches, developments, and acquisitions, supported by multiple contracts, collaborations, and partnerships with businesses worldwide.
Nippon Sanso Holdings Corporation (Mitsubishi Chemical Group Corporation (Japan)
Nippon Sanso Holdings Corporation is a global supplier of industrial, electronic, and medical gases. The company is a consolidated subsidiary of Mitsubishi Chemical Group Corporation. It supplies high-purity gases such as oxygen, nitrogen, argon, carbon dioxide, hydrogen, and helium to various manufacturing industries, including steel & metal, chemical, petroleum refining & energy, metal processing, food & beverage, electronics, and healthcare. The company operates its business in more than 30 countries and has four geographic hubs in Japan, the US, Europe, and Asia & Oceania.
HIGH PURITY GAS MARKET: MARKET RANKING
The high purity gas market is consolidated, with the top five companies (Air Liquide, Linde, Air Products & Chemicals, Inc., Nippon Sanso Holdings Corporation (Mitsubishi Chemicals Holdings Corporation), and Messer SE & Co KGaA) representing approximately 55–70% of the market share. The market player’s share is supported through strategic investment in purification technologies, expansion of regional production and distribution presence, and longer-term supply agreements with key end-use customers in important end-use industries, including semiconductors, electronics, and pharmaceuticals. Air Liquide continues to innovate in specialty gas solutions and onsite production capabilities, and Linde continues to prioritize global production infrastructure while integrating sustainable production practices. Through these strategies, the top market players can secure steady revenues, retain customer loyalty, and maintain their competitive advantage in the growing high purity gas market.
Related Reports:
High Purity Gas Market by Type (High Atmospheric Gas, Noble Gas, Carbon Gas, Other Gases), Storage & Distribution and Transportation, Function, Manufacturing Process, End-use Industry, and Region - Global Forecast to 2030
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