India specialty gases market was valued at $ 86.75 million in 2016, and is projected to grow at a CAGR of over 12%, in value terms, to reach $ 284.96 million by 2026, on back of growing demand for specialty gases being generated from various end user industries. India is one the largest producers of steel and sponge iron owing to which metal and mining industry dominated the specialty gases market in India. Also, regular capacity expansions by automobile, refinery and chemical industries and increasing number of new applications of specialty gases from different regions is augmenting demand for specialty gases in the country. Indian healthcare industry is also adding capacity due to the rising population, given that the prevalent infrastructure is not adequate to tackle the growing number of patients. Addition of hospitals will also add to the growing demand for specialty gases market in India through 2026.
Years considered for this report
Historical Years2012-2015
Base Year2016
Estimated Year2017
Forecast Period2017–2026
Objective of the Study
- The primary
objective of the study is to understand and gain insights into the specialty
gases on the basis of their type, applications, mode of distribution,
regional share-East, West, North and South.
- To categorize
and forecast India specialty gases market by type such as noble gases,
high purity gases, hydrocarbon gases, halogen gases, and other specialty
gases.
- To estimate,
calculate and forecast market size for specialty gases in India, in terms
of value.
- To identify the
macro and micro economic factors which are contributing to demand for
India specialty gases market.
- To analyze and
forecast the market size, in terms of value, for specialty gases by type, with
respect to key applications such as metal and mining, energy and power,
analytical and calibration, automotive, healthcare, etc.
- To strategically
profile the leading manufacturers, distributors and importers in the
market which are involved in the supply of specialty gases in India.
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Few of the leading players in India specialty gases market include Praxair India Private Limited, Linde India Limited, INOX Air Products, Air Liquide India,
Market Insights Research
Considering the assumptions, our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of India specialty gases market. Market Insights Research team has analyzed various industry segments and speculated a positive future for India specialty gases market across the region. Taking into consideration developments, capital investments, government support, policies and regulations, etc., our team of analysts has provided a prudent analysis of the industry’s performance in the future. Moreover, various secondary sources were utilized for preparing this report, which include secondary source directories, databases such as Ministry of Commerce, Ministry of Corporate Affairs, UN Comtrade, Petroleum Planning & Analysis Cell, World Steel Association, Joint Plant Committee, Ministry of Steel, were also used by Market Insights Research.
Key Target Audience
- Specialty gases
manufacturers, distributors, resellers, channel partners, importers,
traders and gas equipment manufacturers
- Consumers of
specialty gases
- Research
organizations and consulting companies
- Associations,
organizations, forums and alliances related to specialty gases
- Government
bodies such as regulating authorities and policy makers
The study is useful in providing answers to past, current and future consumption behaviour of specialty gases across the country. The study helps in analysing regional consumption behaviour of all types of specialty gases which are useful for industry stakeholders such as specialty gas manufacturers, distributors and dealers, customers and policy makers. The study also provides the outlook for various industries which are using specialty gases in their manufacturing process.
