Helium (He), Neon (Ne), Argon (Ar), Krypton (Kr), Xenon (Xe), and Radon (Ro) are the rare gases. These are often referred as noble gases or inert gases. They can be considered as a collection of six gaseous substances. All of them are present in minuscule concentrations in the environment that are extracted (and then produced in large quantities) by the rare gas manufacturers. 

They make up around 1% of the earth’s surroundings in total. They were identified by researchers at the close of the 19th century and were first known as inert gasses due to their lack of reactivity. Although the term “rare gases” is frequently used to represent these elements, they are merely uncommon in terms of quantity (when compared to other gasses present in the earth’s atmosphere).

Group 18 of the periodic table of elements contains uncommon gases. On the periodic table’s right wing, this is the vertical column of substances. The arrangement of all rare gases in the single category indicates their related qualities (just as it does with other groupings of elements). They’re also monatomic gasses, meaning they’re made up of single atoms.

Due to their unique characteristics, many industries have started demanding them. Rare gases are found in small quantities but have a lot of qualities. This makes them suitable for many chemical-dependent industries. Now, with use of latest technology, rare gases can be manufactured as per requirement. As the rare gases are not chemically reactive, many applications are being explored around them.

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7 leading rare gas manufacturers producing chemically inert gases

According to Verified Market Research experts, this market has shown tremendous revenue growth in the past decade. Advancements across dependent industries have played a major role in boosting profits of leading players. While designing Global Rare Gas Manufacturers’ Market Report, this market’s valuation was found to be USD 339.74 Million in 2019.

With mainstream adoption, its valuation will cross USD 566.98 Million by 2027. It has been growing with a CAGR of 6.6% from 2020 to 2027.

Airgas

Airgas strives to have a low environmental effect while still being active in the community. Safety, company transparency, energy conservation, air quality and pollutants minimization, associate growth, and community participation are all priorities for Airgas. They are dedicated to safety practices that safeguards their employees and clients in the workforce, on the road, and in the neighborhoods where they live and operate.

Praxair

Praxair is considered to be one of the oldest names in this list. This brand operated for more than a century before its merger with Linde AG. Due to this, the century-old brand name was dropped for business purposes. It is the brainchild of Carl von Linde and H. William Lichtenberger.

Air Liquide

Air Liquide is another old member on this list. This French company started its business in 1902. Now, the company has transformed into a multi-billion dollar brand. Air Liquide was seeded by Paul Delorme and Georges Claude.

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Iwatani Corporation

Iwatani Corporation has seven decades of experience in this domain. This Japanese company aims to build a carbon-free society for the upcoming generations. For this, it has been exploring new applications of multiple gases. Also, it is of the largest organizations operating, in rare gas segment, in Asian market.

 Linde

Linde was established in 1879. This company has been steering the gas industry since its inception. It started as a small gas company but now has become the face of rare gas submarket operating within chemical industry. It has been majorly focusing on manufacturing clean hydrogen using expertise and years of experience.

Matheson

Matheson is dedicated to enhance the overall well-being of people across globe. It has been working on multiple projects for sustainable growth of humans. From medical gases, semiconductors to welding, Matheson offers a variety of services. It is a well-known name in the specialty gas market. Not only this, it also serves industrial gases to dependent clients.

Air Products 

From industrial gases to related equipment, everything is offered by Air Products. This company made headlines for its amazing project of converting abundant natural resources into syngas. This was being done for the production of high-value power, fuels and chemicals.

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