Air Products and Chemicals
Air Products & Chemicals, Inc. is a leading global industrial gases company that provides essential atmospheric and process gases, related equipment, and applications expertise. The company is a major developer of clean hydrogen projects and specializes in serving the energy, environmental, and manufacturing sectors. Its core value proposition focuses on improving customer operational efficiency and sustainability through innovative gas solutions and large-scale infrastructure projects.
Financials
Based on Q2 2026 filing
Revenue
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Regional Industrial Gases
primaryThe company's largest business activity, involving the production and distribution of atmospheric gases (oxygen, nitrogen, argon) and process gases (hydrogen, helium, syngas) via on-site pipelines or merchant delivery.
Gray Hydrogen, Blue Hydrogen, Green Hydrogen, Helium, Argon, Syngas, Carbon Monoxide, Nitrogen, Oxygen
Refining, Chemicals, Metals, Electronics, Manufacturing, Medical, Food
Industrial Gases Equipment
minorDesign and manufacture of specialized cryogenic and gas processing equipment used for air separation, hydrocarbon recovery, and the transport/storage of liquid helium and hydrogen.
Turbomachinery, Membrane systems, Cryogenic containers, Turboexpanders, Air separation units, Hydrocarbon recovery systems
Chemical manufacturing, Petrochemical manufacturing, Oil and gas recovery, Steel processing, Primary metals processing
Business Overview
Competitive Position
A global leader in industrial gases and hydrogen production, leveraging extensive pipeline networks and proprietary cryogenic technology to maintain high barriers to entry.
Geographies
United States, China, Saudi Arabia, Netherlands, United Kingdom, South Korea, Taiwan, Brazil, Chile
Customer Segments
Industrial enterprises, Energy producers, Healthcare providers, Government agencies
Upstream Dependencies
Electricity, Natural gas, Liquid and solid hydrocarbons, Steel, Aluminum, Compressor subcomponents
Downstream Customers
Oil refineries, Semiconductor manufacturers, Food and beverage processors, Steel and glass manufacturers, Aerospace launch providers, MRI facilities
Competitors & Partners
Competitors
Similar Companies
Partners
NEOM
Joint venture partner for the NEOM Green Hydrogen Project in Saudi Arabia
Subsidiaries
Rotoflow
Business unit manufacturing turboexpanders and rotating equipment
Gardner Cryogenics
Business unit fabricating helium and hydrogen transport and storage containers
Air Products and Chemicals FAQ
Common questions about Air Products and Chemicals
Air Products & Chemicals, Inc. is a leading global industrial gases company that provides essential atmospheric and process gases, related equipment, and applications expertise. The company is a major developer of clean hydrogen projects and specializes in serving the energy, environmental, and manufacturing sectors. Its core value proposition focuses on improving customer operational efficiency and sustainability through innovative gas solutions and large-scale infrastructure projects.
Air Products and Chemicals (APD) has a market capitalization of $64.5B and trades on NYSE.
Air Products and Chemicals generated $12.3B in trailing twelve-month revenue with net income of $2.7B, representing a net margin of 21.8%. Gross margin stands at 31.6%. These figures are based on the Q2 2026 filing.
Air Products and Chemicals's key competitors include Linde plc, CF Industries Holding, Inc., Ingersoll Rand Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Air Products and Chemicals has approximately 23,000 employees.