India industrial gases market was valued at $ 1,893.80 million in 2016, and is projected to grow at a CAGR of over 12%, in value terms, to reach $ 6,352.47 million by 2026, on back of growing demand from metal industries, particularly steel. Also, regular capacity expansions by automobile, refinery and chemical industries and increasing number of new applications of industrial gases from different regions across the country is augmenting demand for industrial gases in the country. Moreover, rising health awareness and booming food & beverages sector in different regions of the country is also anticipated to augur well for the industrial 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 primaryobjective of the study was to understand and gain insights about the industrial,specialty and shielding gases market in India.
- Tocategorize and forecast India industrial gases market by product type asoxygen, nitrogen, argon, helium, carbon dioxide, hydrogen, acetylene, specialtyand shielding gases.
- To assessthe detailed market segmentation and forecast market size and share, in termsof value and volume, on the basis of mode of distribution (tonnage, bulk andpackaged), application (metallurgy, refinery, chemical & petrochemical,healthcare, welding & fabrication, food & beverages, etc.) and region(East, West, North & South).
- To identifymacro and micro economic factors contributing to the growing demand forindustrial, specialty & shielding gases in India.
- To examinecompetitive developments such as air separation unit expansion projects, supplyscenario from merchant gas filling stations, pricing behavior, supply contractsand mergers & acquisitions in India industrial, specialty and shieldinggases market.
- To strategicallyprofile leading manufacturers, distributors and importers in India industrialgases market that are engaged in supplying industrial gases in India.
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Few of the leading players in India industrial gases market include Praxair India Private Limited, Linde India Limited, INOX Air Products, Air Liquide India,
Market insights research
Afterwards, a detailed scrutiny of India industrial gases market by product, applications, mode of distribution and geography was conducted. In order to extract data for
Considering the assumptions, Market insights research’s dedicated team of industry experts has comprehensively monitored and analyzed various aspects of India industrial gases market. Market insights research’s team has analyzed various industry segments and speculated a positive future for India industrial 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 such as secondary sources directories, databases such as Ministry of Commerce, Ministry of Corporate Affairs, Petroleum Planning & Analysis Cell, Joint Plant Committee, Ministry of Steel and World Steel Association.
Key Target Audience
- Oxygen, nitrogen, argon, helium, carbon dioxide, hydrogen, acetylene and specialty and shielding gases manufacturers, suppliers, importers, EPC contractors and distributors
- Consumers (Tonnage, Bulk and Packaged) of industrial, specialty and shielding gases
- Owners of Air Separation Units (ASU), hydrogen SMR units, filling stations and depots
- Research organizations and consulting companies
- Associations, organizations, forums and alliances related to industrial gases
- Government bodies such as regulating authorities and policy makers
- Market research andconsulting firm
The study is useful in providing answers to past, current and future consumption behavior of industrial, specialty and shielding gases across the country. This study helps in analyzing regional consumption behavior of industrial gases and also provides outlook about industrial gas consumption in various end user industries.
