Mining and Metals Welding Gas/Shielding Gas Market | Page 6

Key Players
▪ Mergers & acquisitions was the major strategy adopted by most players in the market. Companies
such as Air Products & Chemicals, Inc. (U.S.), The Linde Group (Germany), Praxair, Inc. (U.S.), Taiyo
Nippon Sanso Corporation (Japan), Air Liquide SA (France), Gulf Cryo (Bahrain), Iwatani
Corporation (Japan), Taiyo Nippon Sanso Corporation (Japan), SIG Gases Berhad (Malaysia), and
Messer Group GmbH (Germany) were the key players who adopted this strategy to increase the
reach of their offerings, improve their production capacity, and establish focus on core
operations. Companies aim to serve the market efficiently by investing in manufacturing facilities
and acquiring distribution centers in the fast-growing regions.
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