Air Products & Chemicals, Inc. has been recommended as a buy by UBS due to its strong position in the gases market.

The company specializes in the development, production, and marketing of a wide range of gases, including industrial gases, hydrogen, helium, medical gases, and specialty gases. These gases are delivered to various industries such as metals, glass, chemicals, food, healthcare, steel, petroleum, and natural gas.

Air Products also supplies tonnage gases through large on-site plants or pipeline systems, primarily serving the petrochemical, chemical, and metallurgical sectors. The company is also involved in performance chemicals and operates cryogenic and gas processing plants for air separation, hydrocarbon recovery, and natural gas liquefaction.

In terms of geographical distribution, the company's net sales come from 41.5% in the United States, 15.8% in China, and 42.7% in other regions, indicating its global reach and diverse customer base.