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Praxair (PX)

9.4800
-1.0500 (-9.97%)
NYSE · Last Trade: Apr 6th, 12:57 PM EDT
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Competitors to Praxair (PX)

Air Products and Chemicals, Inc. APD -6.97%

Air Products is a significant competitor to Praxair in the industrial gases sector, providing a range of gases essential for many industries, including energy, healthcare, and manufacturing. Both companies compete through their vast distribution networks, technological innovations, and customer service capabilities. However, Air Products has a competitive advantage with a broader portfolio that includes hydrogen production and large-scale gas supply contracts that can substantially impact pricing and service offerings.

Linde plc

Linde is one of the largest players in the global industrial gas market and is a direct competitor to Praxair following its merger with Linde AG. The competition between Linde and Praxair centers on product offerings, service reliability, and technological advancements. Linde has an advantage in terms of scale and global reach, which allows it to serve multinational corporations effectively, while Praxair focuses on operational efficiency and customer-centric services to retain its competitive edge.

Matheson Tri-Gas, Inc.

Matheson Tri-Gas competes with Praxair primarily in the specialty gases market, targeting niche applications in industries such as electronics and pharmaceuticals. Matheson provides a range of specialty gas offerings while leveraging strong technical support tailored to specific customer needs. Praxair, however, has the competitive advantage of a diverse product offering and superior distribution capabilities that allow it to capture larger volume deals in various verticals, making it a more dominant player overall.

Messer Group GmbH

Messer Group, although smaller than Praxair and Air Products, competes in specific regional markets with a focus on personalized customer service and tailored gas solutions. Messer differentiates itself by providing custom solutions that meet the specific needs of local industries, while Praxair competes through its extensive product lineup and efficiencies gained from larger operations. While Messer leverages its agility and customer relationships, Praxair's strength lies in its established market position and broader infrastructure.