This month’s country focus explores the rapidly growing industrial gas market in Thailand, as well as the impact the potential Praxair/Linde merger could have on dynamics in the region.
The gas business
The industrial gases business in Thailand is dominated by four main companies, with Linde Gas Thailand commanding the largest market share of approximately 31%. The company was first established in 1970 as a joint venture between BOC Australia and local state-run businesses.
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