Chart Industries, Inc. - Common Stock (GTLS)

Competitors to Chart Industries, Inc. - Common Stock (GTLS)

Air Products and Chemicals, Inc. 

Air Products and Chemicals, Inc. competes directly with Chart Industries in the industrial gas and cryogenic equipment market. Both companies provide technologies and infrastructure for hydrogen production, carbon capture, and other clean energy solutions. While Chart Industries focuses on cryogenic equipment and small-scale applications, Air Products has a larger portfolio and muscle in large-scale global projects, offering them a leadership position in the market.

Cryogenics Industries, Inc.

Cryogenics Industries, Inc. specializes in cryogenic technologies and solutions, competing with Chart Industries on product offerings related to storage and transport of liquefied gases. They focus on bespoke solutions for specific industries, which can provide them with a niche advantage, particularly in customization and specialized applications. However, their smaller scale compared to Chart gives Chart a slight edge in terms of overall capacity and resources.

Linde plc

Linde plc is a major player in the industrial gas and equipment sector, similar to Chart Industries. Both companies focus on providing solutions for the storage and transport of gases, liquefied natural gas (LNG), and energy transition initiatives. Linde has a broader global reach and more extensive resources, allowing it to work on larger projects and serve a wider array of industries, which gives it a competitive edge in market penetration and customer relationships.

Messer Group GmbH

Messer Group GmbH operates in the same sector as Chart Industries, focusing on welding, cutting, and industrial gas solutions. Their competitive advantage lies in their longstanding history in the European market and strong customer relationships, particularly in manufacturing sectors. Although traditionally lagging behind Chart Industries in terms of technological innovation, their regional expertise offers them a strong positioning within specific markets.

Praxair, Inc.

Praxair was a key competitor before merging with Linde. Both companies provided comprehensive solutions in industrial gases, including those catered for the energy sector. The merger created a powerhouse with extensive resources and capabilities, having a significant advantage over Chart Industries in terms of economies of scale and global reach, allowing them to dominate the market where both once competed directly.