Producer

Air Liquide S.A.

AIHQ FR · Île-de-Francewebsite ↗

World's largest industrial gas company; provides gas odorant distribution and blending services globally including ethyl mercaptan. Air Liquide distributes and markets mercaptan gas odorants to LPG and natural gas utilities. Also a leading producer of industrial gases (oxygen, nitrogen, hydrogen, noble gases) for healthcare, industry, and energy. Air Liquide is listed among the top ethyl mercaptan market participants; primarily as a specialty gas blender/distributor rather than a primary mercaptan chemical producer.

19

Inputs supplied

12

Goods downstream

6

Facilities

0

Stories

What they make

19 inputs Air Liquide S.A. supplies

Click an input to see every good that depends on it, every country that produces it, and every other company in the supply chain.

chemical

Industrial CO2 (Stunning & MAP Packaging) →

27% shareSubstitutability 40%6 mo lead

chemical

CO2 (food-grade) →

25% shareSubstitutability 40%3 mo lead

mineral

Liquid nitrogen (helium pre-cooling) →

25% shareSubstitutability 80%1 mo lead

manufactured

Cryogenic air separation unit (ASU) →

22% shareSubstitutability 50%24 mo lead

chemical

Krypton Gas — Satellite Propulsion & Insulating Glass →

22% shareSubstitutability 40%12 mo lead

chemical

Xenon Gas — Space Propulsion & Electronic Grade →

22% shareSubstitutability 35%12 mo lead

chemical

Disilane (Si₂H₆) — Low-Temperature CVD →

18% shareSubstitutability 35%18 mo lead

chemical

Crude Neon (ASU Byproduct) →

12% shareSubstitutability 30%24 mo lead

mineral

Semiconductor-Grade Helium (6N) →

12% shareSubstitutability 15%18 mo lead

manufactured

Liquid oxygen cryogenic tanker trucks →

10% shareSubstitutability 20%24 mo lead

manufactured

IQF Tunnel Freezer Equipment →

8% shareSubstitutability 40%6 mo lead

chemical

Monosilane (SiH₄) — CVD Precursor →

8% shareSubstitutability 45%12 mo lead

chemical

Ethyl Mercaptan (Propane Odorant) →

5% shareSubstitutability 15%6 mo lead

chemical

Argon Gas (insulating glass fill) →

Substitutability 50%6 mo lead

manufactured

Bulk liquid oxygen storage tanks (dewars/vessels) →

Substitutability 30%6 mo lead

chemical

Food-Grade Carbon Dioxide (CO2) →

Substitutability 45%4 mo lead

chemical

Industrial oxygen (99.5% purity) →

Substitutability 45%18 mo lead

chemical

Nitrogen Gas (Food-Grade) →

Substitutability 55%3 mo lead

chemical

Nitrogen Gas (Pharmaceutical Grade) →

Substitutability 50%6 mo lead

What else they do

Business segments

The company's full revenue map, where this supply-chain role fits within their broader business.

  • Industrial Gases

    45%
  • Healthcare — Medical Gases & Home Care (VitalAire)

    25%
  • Gas Safety (Odorant Distribution)

    5%
  • Hydrogen Energy

    10%
  • Engineering & Technology

    10%
  • Biogas & Energy Transition

    5%

Intelligence

What's known

Sourced claims about this company's role in supply chains, chokepoints, concentration, incidents, dual-use connections.

  • Did you know2023

    Air Liquide is known as one of the world's largest industrial gas companies — yet via its VitalAire/Air Liquide Healthcare division, it is also a major home healthcare services provider. Air Liquide Healthcare provides CPAP therapy to approximately 1.8 million sleep apnea patients in France and other countries, including equipment delivery, patient monitoring, and clinical support. It also provides home oxygen therapy for COPD patients, home mechanical ventilation, and enteral nutrition services. An industrial chemistry company is the largest home health care organization for respiratory patients in France — dispatching CPAP machines, oxygen concentrators, and nutrition pumps to private residences with more patient touchpoints than many hospital systems.

    L'Air Liquide S.A. ↗
  • Origin2023

    Air Liquide was founded in 1902 in Paris by Georges Claude (who also invented neon lighting) and Paul Delorme after Claude successfully liquefied air — the same fundamental technology that Linde AG developed in Germany three years earlier. Air Liquide and Linde (along with their respective descendants) have been the world's two largest industrial gas companies for over a century. Air Liquide has been listed on the Paris stock exchange since 1913 and is one of the few major industrial companies with over 100 years of continuous exchange listing. The company's global expansion to 80+ countries was driven by on-site gas supply contracts with large industrial customers that create switching costs and recurring revenue.

    L'Air Liquide S.A. ↗