The global industrial gases industry-and its role within broader industry and society-has evolved significantly over the last two decades.Its importance only continues to grow across end-user applications and walks of life.Even in the context of decarbonisation and a clean energies transition that sees some consider industrial gases'dirty' or conventional,the industry is more pivotal than ever;this is a business that's cleaner,more progressive and more imaginative than ever before.Likewise,the industry,its structure and its nuances are a far cry from our traditional view of it at the turn of the century-or even 10 years ago.Major mergers and acquisitions have taken shape up and down the value chain;familiar forces have been reimagined,new entrants have broken into the market,and the pace of change in business models,technologies and new normals has only accelerated.
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