Regional analysis

2019 has been a year of transformation in the competitive structure of the industrial gases market.

The New England region was home to the second smallest industrial gas market in the US, and has seen a slower annual growth rate than other regions.

There has been quite a bit of activity in the West Coast region, which reached revenues of just over $3.73bn in 2018, up from $2.17bn in 2008 with an average annual growth rate of 6%...

The Mid-Atlantic region, where nearly all of the majors – Air Products, Messer, Airgas, MATHESON – have their headquarters, is the fifth largest industrial gas market in the US. Revenues amounted to just under $2.3bn...

When we profiled the North Pacific industrial gases business last year, we noted how in 2018 the region had for the first time in history eclipsed the size of the European market to become the...

The Great Lakes region is estimated to have reached revenues just over $3.07bn in 2018, which compares to $3.02bn in 2016.

The Southwest is the third-largest regional industrial gas market in the US, falling behind the Southeast and the West Coast, with revenues of approximately $3.43bn in 2018. This is up from just under $2.43bn in...

Announcements of domestic air separation unit (ASU) and liquefaction builds and expansions for startup through 2022 indicate that the US air gases business has steadily been improving. By the end of 2019, seven new or...

The Southeast region’s industrial gas market was the largest in the US in 2018, with the commercial market in the region achieving revenues of $5.67bn. This was up from just over $4bn in 2008, indicating...

Finally, after several months of suspense, on 1st March (2019) the merger of Praxair and Linde became effective in the Americas and Messer Industries took effective control of the former Linde subsidiaries in Brazil and...