Air Products vs Merck KGaA (EMD Electronics)

Merck KGaA (EMD Electronics) is larger by market cap ($69.8B vs $68.9B). Merck KGaA (EMD Electronics) reports higher tracked revenue ($24.4B vs $12.0B). Air Products's primary segment is Specialty Gases; Merck KGaA (EMD Electronics)'s is Photoresists & Chemicals.

Shared segment: Materials.

Side-by-side

Air ProductsMerck KGaA (EMD Electronics)
Market cap$68.9B$69.8B
Revenue$12.0B (FY2025)$24.4B (FY2025)
Primary segmentSpecialty GasesPhotoresists & Chemicals
Market positionmajormajor
CountryUnited StatesGermany
Tracked suppliers00
Tracked customers85
Chokepoint / criticality69/10068/100

Market caps/revenue from the wafergraph dataset · data as of 2026-08-12. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.

How Air Products and Merck KGaA (EMD Electronics) compare

  • Size: Merck KGaA (EMD Electronics) is the larger company by market cap.
  • Revenue: Merck KGaA (EMD Electronics) reports higher tracked revenue.
  • Supply-chain criticality: Air Products has the higher chokepoint score (69/100 vs 68/100).
  • Footprint: Air Products (United States) vs Merck KGaA (EMD Electronics) (Germany).

Company hubs

Air Products · Merck KGaA (EMD Electronics) · Materials segment

Open the interactive comparison tool →