Air Liquide Sante International

What Air Liquide Sante International does

Air Liquide Sante International (ALSI) is a wholly-owned subsidiary of L'AIR LIQUIDE S.A. (Euronext Paris: AI) that manages the group's healthcare activities, including medical gases, home healthcare services and specialty ingredients. Its parent, Air Liquide Group, is one of the world's leading industrial and medical gas producers with operations in 59 countries, approximately 65,000 employees, and more than 4 million customers and patients served, including roughly 2.3 million patients receiving home-based care. The legal entity L'AIR LIQUIDE S.A. is headquartered at 75 quai d'Orsay, Paris, and was founded in 1902.

The group's product and technology portfolio spans industrial gases (oxygen, nitrogen, helium, argon, hydrogen, CO2) produced via cryogenic air separation units (ASUs) and water electrolysis; home healthcare services delivered through the VitalAire brand covering oxygen therapy, sleep apnea treatment and chronic disease management; ultra-high purity gases and specialty chemicals for semiconductor manufacturing; hydrogen energy solutions including the 200 MW ELYgator electrolyzer in Rotterdam and hydrogen-powered heavy transport; and cryogenic technologies supporting space programs such as Ariane 6. The group's subsidiary network includes Airgas (United States, acquired 2016), SEPPIC (specialty ingredients), AL Healthcare entities across Europe, Asia and Africa, and electronics materials operations in China and Korea.

Revenue is generated through a mix of transaction-based industrial gas sales, recurring subscription-based home healthcare contracts (covering roughly 2.3 million patients), multi-year enterprise supply agreements with major industrial customers (chemicals, semiconductors, aerospace), and engineering and equipment contracts. The group distributes via direct local production and supply in 59 countries, dedicated homecare teams with nurses, respiratory technicians and pharmacists, and pipeline networks for large industrial customers. Reported FY2025 results include €26.9 billion in sales, €3.5 billion in net income, and €4.2 billion in investment decisions; the 2025 ADVANCE strategic plan was characterized as achieving record financial and extra-financial performance.

Name

Air Liquide Sante International

Legal name

L'AIR LIQUIDE S.A.

Website

https://airliquide.com

Company type

Public

Founded year

1902

Operating status

Operating

Short description

Air Liquide Sante International is the healthcare-focused subsidiary of Air Liquide Group, a global leader in industrial and medical gases operating in 59 countries. It delivers home healthcare services to ~2.3 million patients through the VitalAire brand and supplies medical gases, electronics materials, and specialty ingredients worldwide.

Ownership category

akta.pro rank

Product category

Medical Gases and Healthcare Services

NAICS

Industrial Gas Manufacturing (32512)

SIC

Chemicals & Allied Products (2800)

akta.pro primary industry

Air Separation (Oxygen/Nitrogen/Argon) (IMAEACAA)

akta.pro secondary industries

Medical & Healthcare Gases (IMAEACAF), Oxygen Therapy Systems (Concentrators, Cylinders, Liquid O2, HFNC) (HLAHAGAD), Home Ventilation, Oxygen Therapy & Respiratory DME Clinical Management (HLAKANAM)

Keywords

• Medical gas supply
• Home healthcare services
• Industrial gas production
• Hydrogen energy solutions
• Semiconductor materials supply

Headquarters

HQ city

Bagneux

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Industrial Gases Sales: Sale of industrial gases (oxygen, nitrogen, argon, helium, hydrogen, CO2) to industrial customers including steel, chemical, automotive, and manufacturing sectors. Gases produced locally close to customers.
2. Healthcare Services: Home healthcare services including oxygen therapy, sleep apnea treatment, and chronic disease management. Serves approximately 2.3 million patients globally.
3. Engineering and Equipment: Design, construction and operation of production units and infrastructure for industrial gas production, including hydrogen supply systems.
4. Electronics Materials: Supply of advanced materials for semiconductor manufacturing including ultra-high purity gases and specialty chemicals for chip production.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Air Liquide Sante International manages healthcare activities within the Air Liquide Group, including medical gases, home healthcare services, and specialty ingredients. The broader Air Liquide Group produces and supplies industrial gases (oxygen, nitrogen, helium, argon, hydrogen, CO2) through proprietary air separation units and hydrogen electrolyzers, while operating home healthcare services through the VitalAire brand covering oxygen therapy, respiratory care, sleep apnea treatment, and chronic disease management for approximately 2.3 million patients globally.

Product overview

Air Liquide is a world leader in gases, technologies, and services for industry and healthcare. The company operates a diversified portfolio including: industrial gases (oxygen, nitrogen, helium, argon, hydrogen, CO2) produced via air separation units and electrolyzers; home healthcare services through its VitalAire brand covering oxygen therapy and respiratory care for chronic patients; hydrogen energy solutions including the 200 MW ELYgator electrolyzer project; electronics/semiconductor materials; and cryogenic technologies for space and industrial applications. The company serves over 4 million customers and patients globally, with recent strategic focus on decarbonization, hydrogen mobility, and healthcare access expansion.

Differentiator

Problem solved

Functional benefit

Brands

• Access Oxygen: Program to improve oxygen access in rural areas, deployed in developing countries
• ELYgator
• Citizen at Work
• Women in TCL
• MORE
• Air Liquide Foundation

Products and services

• Medical Gases for Healthcare Production and supply of medical gases including medical oxygen and other therapeutic gases for hospitals, clinics, and home healthcare patients requiring respiratory therapy and clinical treatments.
• Home Healthcare Services (VitalAire) Home healthcare services including oxygen therapy, sleep apnea treatment, respiratory care, and chronic disease management for patients with conditions such as COPD and diabetes, delivered directly to patients' homes by multidisciplinary teams of nurses, respiratory technicians, doctors, and pharmacists.
• Industrial Gases Supply Production and supply of industrial gases (oxygen, nitrogen, helium, argon, hydrogen, CO2) to industrial customers including steel, chemical, automotive, and manufacturing sectors, with gases produced locally close to customers.
• Electronics and Semiconductor Materials Supply of advanced materials for semiconductor manufacturing including ultra-high purity gases and specialty chemicals for chip production, supporting AI memory and advanced chip manufacturing.
• Hydrogen Energy Solutions Hydrogen production, storage, and distribution solutions for industrial decarbonization, mobility applications, and energy transition, including the 200 MW ELYgator electrolyzer project in Rotterdam.
• Airgas Industrial Gas Distribution Industrial gases, welding equipment, and safety products distributed across North America through Air Liquide's wholly-owned U.S. subsidiary Airgas, serving local and regional customers.
• Specialty Ingredients Specialty ingredients and chemical solutions produced through Air Liquide's SEPPIC subsidiary for healthcare, cosmetics, and industrial applications.

Quantifiable outcome

• 13% reduction in CO2 emissions vs 2020
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ArianeGroupcoreStrategic or Co-development Partner · 11 June 2026Renewed strategic industrial partnership with two major Ariane 6 contracts supporting the operational phase of the European space launcher. Partnership builds on 50 years of collaboration covering cryogenic technology and gas supply for space exploration.
• CovestrocoreStrategic or Co-development PartnerStrategic partnership with major polymer manufacturer for industrial gas supply (hydrogen, carbon monoxide) and joint decarbonization initiatives including biogenic CO2 usage and low-carbon hydrogen for reaching carbon neutrality by 2035.
• IDF Europe (International Diabetes Federation)minorStrategic or Co-development PartnerPartnership with European branch of International Diabetes Federation to involve stakeholders in developing patient-centered healthcare ecosystem and advocate for policy changes benefiting diabetes patients.
• AirgascoreChannel Partner/ Reseller/ DistributorU.S. subsidiary and leading supplier of industrial gases, welding equipment, and safety products. Celebrated 10 years of integration in 2026 with strong local market presence across the United States.
• Institut PasteurminorStrategic or Co-development PartnerResearch partnership with Institut Pasteur de Paris focused on treatment of bacterial lung infections affecting cystic fibrosis patients and patients with antibiotic-resistant infections.
• DIG AirgascoreChannel Partner/ Reseller/ DistributorAcquisition in Asia expanding Air Liquide's presence in Korea, completing the company's regional footprint in the semiconductor market.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Air Products and Chemicals: U.S.-based global industrial gas and hydrogen player with overlapping activities in air separation, large-scale hydrogen for industry and mobility, and electronics/semiconductor materials. Direct competitor in merchant gas supply and on emerging low-carbon hydrogen projects.
• Messer Group: Privately held global industrial and medical gas company and the largest family-owned player in the sector. Competes directly with Air Liquide in Europe and the Americas across merchant gases, medical gases, and home healthcare services.
• Chart Industries: Manufacturer of cryogenic equipment and process technology for industrial gas, LNG, and hydrogen value chains. Comparable through cryogenic technology, gas handling equipment, and hydrogen liquefaction — capabilities Air Liquide also deploys (e.g., Cryolor subsidiary, ELYgator).
• Iwatani Corporation: Japanese gas company with strong positioning in industrial gases, hydrogen energy, and LPG. Direct peer particularly in the Asian hydrogen mobility and industrial gas markets, where Air Liquide is also building presence via SK hynix and DIG Airgas investments.
• Linde plc: Global leader in industrial, medical, and specialty gases with a comparable portfolio across air separation, hydrogen, electronics gases, and home healthcare. Direct head-to-head competitor in nearly every geography where Air Liquide operates, including on semiconductor gas supply and home oxygen services.
• SOL Group: European industrial and medical gas producer with comparable business mix across home healthcare (medical oxygen, respiratory therapies) and industrial gas supply. Direct overlap with Air Liquide's home healthcare franchise in Italy, Germany, and other European countries.
• Nippon Sanso Holdings: Japanese industrial gas major (parent of Matheson Tri-Gas in the U.S.) with direct competition in air separation, semiconductor materials, and home healthcare. Particularly relevant as a peer in the Asia-Pacific semiconductor gas market where Air Liquide is investing through DIG Airgas.

Emerging players

• ResMed: Global leader in sleep apnea and respiratory care devices used in home healthcare. Comparable to the patient-facing portion of Air Liquide's home healthcare/VitalAire business, although ResMed focuses on devices rather than gas supply and therapy services.

Regional players

• Yingde Gases Group: China-based on-site industrial gas supplier serving steel, chemical, and electronics customers. Regional peer with significant overlap to Air Liquide's industrial gas business in Greater China, although not a direct global competitor.
• Hangzhou Hangyang: Chinese manufacturer of air separation units and turbogenerators supplying industrial gas producers across China. Comparable in ASU equipment — the same core technology Air Liquide operates at scale — and relevant as a regional technology peer in the Chinese market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/airliquide
• YouTubeyoutube.com/@airliquide
• Facebookfacebook.com/AirLiquideGroup
• LinkedInlinkedin.com/company/air-liquide
• Instagraminstagram.com/airliquide

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries30 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Air Liquide Sante International