Linde plc - Ordinary Shares (LIN)

Competitors to Linde plc - Ordinary Shares (LIN)

Air Liquide S.A.

Air Liquide S.A. is a formidable competitor to Linde plc, focusing on delivering gases for industrial and medical applications worldwide. The two companies compete for market share across Europe, Asia, and the Americas. While Linde has demonstrated strength in innovation and technological advancements, particularly in developing sustainable solutions, Air Liquide has an edge in its diversified portfolio of services and global partnerships. Both companies strive to enhance their environmental sustainability initiatives, making their rivalry particularly relevant in the context of the growing emphasis on eco-friendly practices in the industry.

Air Products and Chemicals, Inc. 

Air Products and Chemicals, Inc. competes with Linde plc primarily in the industrial gas sector. Both companies provide a range of gases essential for various industries including healthcare, manufacturing, and energy. Air Products has a significant advantage in its global supply chain and long-standing customer relationships, particularly in North America, while Linde has a strong foothold in Europe and Asia. The competition between these companies centers on pricing, product innovation, and operational efficiencies, as they vie for leadership in the global industrial gas market.

Nippon Sanso Holdings Corporation

Nippon Sanso Holdings Corporation competes with Linde plc predominantly in the Asia-Pacific region, where both companies supply industrial gases and related technologies. Nippon Sanso has established strong market presence and customer loyalty in Japan and is expanding its operations internationally. Linde, with its extensive global infrastructure and technological expertise, poses strong competition, particularly in emerging markets. The competition often hinges on customer service, innovation in gas applications, and regional market strategies, with Linde currently holding a competitive edge due to its global scale.

Praxair, Inc. 

Praxair, Inc. was previously a direct competitor of Linde until its merger with Linde AG in 2018, forming Linde plc. Therefore, they now operate as a single entity under the Linde brand, although the historical competition centered around product offerings, pricing strategies, and market expansion efforts. Prior to the merger, Praxair had robust operations in North America, which enabled it to compete effectively with Linde's global reach. Now, the combination allows Linde plc to leverage the strengths of both companies, creating a leading position in the industrial gas landscape.