Matheson TriGas
Matheson TriGas (Nippon Sanso Matheson, Inc.) is the US operating subsidiary of Nippon Sanso Holdings that produces and distributes industrial, medical, and specialty gases, operates air separation plants, and supplies gas equipment and engineering services to metal fabrication, healthcare, electronics, and food processing customers.
- Company typePrivate
- Founded1927
- HeadquartersBasking Ridge, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Matheson TriGas does
Matheson TriGas (legal name Nippon Sanso Matheson, Inc.) is the US operating subsidiary of Nippon Sanso Holdings (TSE: 4091), one of the four largest industrial gas companies globally. The company, founded in 1927 and headquartered in Basking Ridge, NJ, produces and distributes industrial gases (oxygen, nitrogen, argon, hydrogen), medical-grade gases, specialty gases, helium, and electronic materials in bulk and cylinder formats. Its infrastructure includes air separation units, on-site nitrogen generation systems, pipeline gas delivery, and a network of physical retail/warehouse locations for cylinder pickup. Product lines span proprietary platforms such as NANOCHEM® ultrapurification systems, Astra™ on-site nitrogen generators, HyCO syngas systems, and smart IoT monitoring devices, supported by engineering services and Total Gas Cylinder Management (TGCM). Revenue is generated through a combination of bulk/cylinder gas sales, equipment and hardgoods, engineering services, and managed on-site supply contracts across eight primary verticals: metal fabrication (primary), medical/healthcare (primary), electronics (primary), food and beverage (primary), energy/chemical, aerospace, laboratory, and additive manufacturing. Capital is allocated defensively, with consistent capacity expansion (e.g., new Las Vegas air separation plant announced 2025-08-22), continued acquisition activity (Linweld 2006, Valley National Gases 2009, Sims Welding Supply 2015), and integration under the unified Nippon Sanso Matheson brand. Customer acquisition runs through a three-tier GTM model: enterprise direct sales for large bulk and on-site accounts, mid-market sales via the store locator network, and e-commerce SMB/individual purchasing through the company storefront.
Matheson TriGas firmographics
Firmographics- Name
- Matheson TriGas
- Legal name
- Nippon Sanso Matheson, Inc.
- Website
- https://mathesongas.com
- Company type
- Private
- Founded year
- 1927
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Matheson TriGas (Nippon Sanso Matheson, Inc.) is the US operating subsidiary of Nippon Sanso Holdings that produces and distributes industrial, medical, and specialty gases, operates air separation plants, and supplies gas equipment and engineering services to metal fabrication, healthcare, electronics, and food processing customers.
- Ownership category
- akta.pro rank
Matheson TriGas industry classification
Industry- Product category
- Industrial Gases
- NAICS
- Industrial Gas Manufacturing (32512), Pump and Compressor Manufacturing (33391), Other General Purpose Machinery Manufacturing (3339)
- SIC
- Wholesale-Industrial Machinery & Equipment (5084), Wholesale-Machinery, Equipment & Supplies (5080)
- akta.pro primary industry
- Industrial Gas & Air Separation Equipment (ASU, PSA, Cryogenic Systems) (IMAHAEAI)
- akta.pro secondary industries
- On-Site Gas Generation Systems (IMAEACAJ), Gas Handling Equipment & Storage (Cylinders/Tanks/Valves) (IMAEACAL), Welding & Cutting Gases (IMAEACAH), Process Gases & Gas Delivery Consumables (Specialty/Bulk/UHP) (HDAHAGAL)
Keywords
Where Matheson TriGas is headquartered
LocationHeadquarters
- HQ city
- Basking Ridge
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Matheson TriGas business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Industrial Gas Sales: Sale of industrial gases including nitrogen, oxygen, argon, and specialty gases in bulk and cylinder formats
- Gas Equipment Sales: Sale of gas handling equipment including regulators, flow measurement devices, filters, purifiers, and gas detection systems
- Air Separation Plant Operations: Construction and operation of air separation plants for on-site gas production
Go-to-market motion1 record
Distribution channels4 records
Marketing channels3 records
Matheson TriGas product offering
Product offeringCore offering
Matheson TriGas manufactures and distributes atmospheric, industrial, specialty, and medical gases in cylinder and bulk form to commercial and institutional customers. The company also engineers and supplies gas-handling equipment (regulators, manifolds, purifiers), on-site gas generation systems (Astra™ nitrogen/hydrogen, HyCO syngas), and outsourced Total Gas & Chemical Management (TGCM) site services.
Product overview
Nippon Sanso Matheson (operating as Matheson TriGas) operates as an industrial and packaged gas company offering a comprehensive portfolio of gases, gas equipment, and related services. The core offerings include bulk and cylinder gas solutions (industrial gases, medical gases, specialty gases), gas equipment (regulators, flow measurement, gas handling, filters/purifiers including NANOCHEM® Purifiers, gas detection, smart devices, custom manufacturing), and plant engineering services (Astra™ Onsite Nitrogen Generators, HyCO syngas, Air Separation, Pipeline Gas Delivery, Site Services/TGCM, Engineering Services). The company serves diverse industries including metal fabrication, additive manufacturing, food freezing/preservation, medical/healthcare, biotechnology, electronics, laboratory, aerospace, and construction. The product architecture follows a platform-plus-services model where gas supply is complemented by equipment, monitoring technology, and on-site plant services.
Differentiator
Problem solved
Functional benefit
Brands
- Astra: Onsite nitrogen generators product line
- NANOCHEM
- LungFit
Products and services
- Industrial and atmospheric gases (oxygen, nitrogen, argon, CO2, hydrogen, acetylene, helium)
- Medical gases (medical oxygen, nitrous oxide, medical air and NF-grade gases)
- Specialty and calibration gas mixtures
- Gas handling equipment (regulators, manifolds, flowmeters) Equipment used to control, regulate, and distribute gases in industrial and laboratory settings.
- NANOCHEM® gas purifiers Proprietary point-of-use purifiers that remove residual impurities from gases and liquids for ultra-high-purity applications.
- Astra™ on-site nitrogen and hydrogen generators On-site nitrogen and hydrogen generation systems for customers that prefer in-house production over delivered gas.
- HyCO syngas and hydrogen supply systems On-site hydrogen, carbon monoxide, and syngas production and supply for refining and chemical customers.
- Total Gas & Chemical Management (TGCM) site services Outsourced site-management service in which Matheson operates a customer's gas and chemical infrastructure on their behalf.
Companies that use Matheson TriGas
Customer profileSegments8 records
Ideal customer profiles5 records
Matheson TriGas technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Matheson TriGas partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Nippon Sanso HoldingscoreMatheson TriGas operates as an affiliate company under Nippon Sanso Holdings, one of the world's largest industrial gas companies. This parent-subsidiary relationship provides global resources, technical expertise, and operational scale while maintaining local market presence in North America.
Scale indicators2 records
Recent moves7 records
Expansion highlights6 records
Matheson TriGas competitors and assessment
Company assessmentDirect peers
- Air Liquide: Global #2 industrial gas major with large US operations (Air Liquide USA). Directly competes with Matheson in merchant gas, on-site supply, electronics gases, and healthcare gases across the same customer base.
- Linde plc: Global #1 industrial gas company following the Praxair–Linde AG merger. Linde operates a dominant US bulk/pipeline network that competes head-to-head with Matheson across all major end markets.
- Air Products and Chemicals: Global #3 industrial gas major with a substantial US merchant, on-site, and hydrogen/syngas business. Directly comparable to Matheson's HyCO syngas and on-site supply offerings.
- Messer Americas: US arm of privately held Messer Group, the world's largest privately held industrial gas company. Closest direct competitor to Matheson given similar size, US-centric footprint, and full portfolio offering.
Regional players
- Iwatani Corporation: Japanese industrial gas and hydrogen energy company. Comparable in product portfolio (bulk gases, specialty gases, on-site) but operates primarily in Japan/US West Coast with a hydrogen focus.
- Resonac Holdings (formerly Showa Denko): Japanese chemical and specialty gas company with global electronic materials/gases operations (including high-purity gases for semiconductors). Comparable in specialty/electronic gas positioning.
- Yingde Gases Group: China's largest independent industrial gas supplier. Comparable on-site generation and merchant gas model, though primarily serving the China market — useful for sizing comparable industrial gas economics.
Broad incumbents
- Chart Industries: US-based manufacturer of cryogenic equipment and industrial gas processing technology. Adjacent peer — supplies ASU/cryogenic hardware and competes in some on-site generation opportunities.
Emerging players
- Hangzhou Hangyang: Chinese ASU equipment manufacturer and on-site gas supplier. Comparable in air separation technology and on-site supply model, primarily serving Chinese industrial gas market.
Others
- Cryoport Systems: US cryogenic logistics and supply-chain services provider. Tangentially related — operates in cryogenic supply chain adjacent to Matheson's specialty/cryogenic gas distribution business.
Market position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Matheson TriGas social profiles
Digital presenceMatheson TriGas financial estimates
Financial estimateRevenue estimate
Valuation estimate
Matheson TriGas leadership team
Management profileNumber of profiles
Profiles1 record
Matheson TriGas funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Matheson TriGas M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Matheson TriGas
What does Matheson TriGas do?
Matheson TriGas manufactures and distributes atmospheric, industrial, specialty, and medical gases in cylinder and bulk form to commercial and institutional customers. The company also engineers and supplies gas-handling equipment (regulators, manifolds, purifiers), on-site gas generation systems (Astra™ nitrogen/hydrogen, HyCO syngas), and outsourced Total Gas & Chemical Management (TGCM) site services.
When was Matheson TriGas founded?
Matheson TriGas was founded in 1927. It employs 1,001 to 5,000 people.
Where is Matheson TriGas based?
Matheson TriGas is headquartered in Basking Ridge, United States, in the North America region.
How does Matheson TriGas make money?
Three revenue lines are on record. Industrial Gas Sales are the primary driver. The others are gas Equipment Sales and air Separation Plant Operations.
Who are Matheson TriGas's main competitors?
Direct peers on record are Air Liquide, Linde plc, Air Products and Chemicals and Messer Americas. Regional players are Iwatani Corporation, Resonac Holdings (formerly Showa Denko) and Yingde Gases Group. Chart Industries is listed as a broad incumbent. Hangzhou Hangyang is listed as an emerging player. Cryoport Systems is listed as an others.
Does Matheson TriGas have an API?
No public API is recorded for Matheson TriGas.
What industry is Matheson TriGas in?
Matheson TriGas's product category is Industrial Gases. Its primary akta.pro industry code is IMAHAEAI, Industrial Gas & Air Separation Equipment (ASU, PSA, Cryogenic Systems), with a secondary code of IMAEACAJ, On-Site Gas Generation Systems. Its NAICS code is 32512 and its SIC code is 5084.