Press release
India Industrial Gases Market, Industry, Revenue, Sales, Size, Shares, Major Players, Growth and Analysis, Outlook, Forecast, Trends: Ken Research
Indian Industrial Gases Industry has a very large number of small manufacturers which are spread across the country. Although major market share is covered by four largest players in the Industry. With advent of technology and IoT, there will better infrastructure available with small players; due to lack of marked specialization in the products of players the turf of competition is pricing. Increasing investment in sustainable energy development is driving the demand of industrial gases in India. Proactive strategies like partnership will boost the market in the coming years.
Market: Industrial Gases market in India witnessed a growth of ~% CAGR (FY2015-FY2021) in terms of Volume in TPD. The major factor contributing to this growth is the rapidly increasing industrialization in India. Oxygen is highly demanded in Industrial and medical applications. Amid COVID-19, Nitrogen and Argon production were also diverted to make Oxygen. Market was uniformly growing in past few years, but saw change in the production levels with decrease in Nitrogen & Argon due to high demand of medical oxygen.
Industry Overview
There exists a long tail of small manufacturers for Industrial Gas in Indian market, while market is concentrated by large players. Role of industrial gases is constantly being revised to make various manufacturing processes sustainable and economical. Indian industrial market is also picking up pace with its global counterparts and is exploring the dynamics that this market is offering. COVID-19 impact: Healthcare market increased the use of Oxygen Gas greatly.
For More Information on the research report, refer to below link:-
https://www.kenresearch.com/energy-and-utilities/gas/india-industrial-gases-outlook-to-2026/476498-103.html
Market is also witnessing a growing competition between domestic and international players in India. This has also led to a significant price reduction of industrial gases in India. Smart cities will be a significant game changer due to the govt’s push towards strengthening medical service in the rural sector especially after the impact of COVID-19 and major shortage of oxygen. Market is expected to grow by ~% CAGR (2021-26) in terms of Volume in TPD. Utilization Rate for Oxygen, Argon and Nitrogen is high in India, as India is becoming a pivot for manufacturing.
Snapshot on oxygen gas in India
Approximately ~% of the total oxygen production is done by manufacturing plants located in or near major end-user industries such as steel manufacturing, automotive and chemical industries.
Snapshot on Nitrogen gas in India
Nitrogen can be manufactured for industrial use in a variety of ways, including fractional distillation, polymeric membranes, and pressure swing adsorption. Industry players are working to improve the efficiency of these processes, which will aid in the constant evolution of the Industrial Nitrogen Market.
Snapshot on Argon gas in India
The argon gases are expensive compared to Oxygen and Nitrogen and are present in least quantities in the atmosphere due to which only major companies such as INOX and Praxair produce Argon and supply it to small players. The increasing demand in various applications such as metal fabrication, electronics, and energy, automotive, lighting, and healthcare is the major factor driving the growth of the argon gas industry. Approximately ~% of Argon is produced in the Eastern region owing to presence of major welding, casting, electronics and metal industry in the region.
Key Segments Covered:-
By Sales Mode
Onsite
Manufacturing Liquid
By Region
North
East
West
South
By State
By End Users
Industrial Gases Makers Covered:-
Air Water Inc.
Air Liquide
Inox Air Products
Linde
Praxir
Goyal Glasses
HS Kanthi Industrial Gasses Ltd.
Shivam Industrial Gases Pvt. Ltd.
Phoenix Gases Ltd.
Gupta Oxygen
Kolhapur Oxygen
Bhorukpur Industrial Gases Pvt. Ltd.
Shri Sai Industrial Gases
Southern Gas Ltd.
Taiyo Nippon Sanso Ltd.
Universal Air & Gas Ltd.
Ellenbarie
Assam Air Product
Premier Cyroger
Madhuraj Industrial Gas Ltd.
Pavan Industrial Gas Ltd.
Ultragases Pvt. Ltd.
Delux Gas Ltd.
Key Target Audience:-
Industrial Gases Manufacturing
Consultancy Companies
Industry Associations
Regulatory Bodies
Bottling Plants
Tanker Manufacturers
Time Period Captured in the Report:-
Historical Period – 2016-2021
Forecast Period – 2021-2026
Key Topics Covered in the Report:-
India Industrial Gases Market Segmentation
India Industrial Gases Sales Mode
India Industrial Gases End User
India Industrial Gases by Capacity Manufacturing by Region
India Industrial Gases by State
India Industrial Gases Maker Market Share
India Industrial Gases Manufacturing Capacity
India Industrial Gases Dynamics
India Industrial Gases Market Size
India Industrial Gases Business Model Canvas
India Industrial Gases Future Forecasting
India Industrial Gases Maker Market Share
Future Market Size and Segmentations, 2020-2026F
For More Information on the research report, refer to below link:-
https://www.kenresearch.com/energy-and-utilities/gas/india-industrial-gases-outlook-to-2026/476498-103.html
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Support@kenresearch.com
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