The Americas: building scale, resilience, and sustainable growth

Across the Americas, Air Liquide is combining large-scale industrial investments with targeted innovation to meet evolving manufacturing and energy needs.

From supporting the semiconductor sector in North America to advancing technology in Latin America, the Group is strengthening its position as a strategic partner to the industry.

The Americas are rapidly shifting from globalization toward more regionalization, reshaping industrial ecosystems, supply chains, and investment priorities. In this new landscape, the region will remain a leading market for industrial gases, offering immense opportunities across multiple sectors.

In North America, major investment programs are accelerating growth, notably in semiconductors, driven by the U.S. CHIPS1 Act, as well as in the booming AI infrastructure sector, where the rapid expansion of data centers is creating unprecedented energy demand. Furthermore, the space industry represents a promising market, expected to approach 800 billion U.S. dollars by 2027². Trends toward reshoring and friend-shoring through trade agreements are fueling investments across manufacturing, steel, and advanced industries, and structurally competitive energy costs position the USA. as a key export platform.

In Latin America, global demand for critical raw materials such as copper—essential for the energy transition and AI—creates compelling opportunities, particularly in Chile, while Mexico is well positioned to benefit from evolving North American trade dynamics.

Our challenge is to manage this complexity while firmly asserting Air Liquide's leadership. We will succeed by pursuing the right growth opportunities, consistently delivering best-in-class performance, and balancing expansion with operational excellence to build a resilient, profitable future for Air Liquide in this strategic region.

Matthieu Giard, Group Vice President, Americas & Group Transformation, Air Liquide Executive Committee Member

1 America’s Chip Resurgence: Over $630 Billion in Semiconductor Supply Chain Investments, Semiconductor Industry Association, December 2025.
2 Delivering on space development growth, Deloitte, June 2025.

Discover our projects in the Americas