India Industrial Gases Market is anticipated to increase at an impressive rate in the forecast period 2028 due to the increasing demand of mining activities in the country. As one of the world's top producers of iron ore and bauxite, the harvest accounts for roughly 2.5 percent of gross domestic product in India.

Industrial gases play a significant role in India's industrial and economic growth. Industrial gases are created gaseous substances used in industry. The main gases offered include acetylene, hydrogen, helium, argon, carbon dioxide, nitrogen, oxygen, and carbon dioxide with many more gases and mixes also being made accessible in gas cylinders. Given the enormous harm being done to the environment and ecology, they frequently review and upgrade their processes to reduce costs and make them more sustainable. The manufacturing and industrial sectors rely on them as their foundation. Because they want to expand internationally, domestic players are looking at the dynamics provided by global marketplaces to speed up production. Due to COVID-19, there is a greater need for oxygen gas. One of the biggest bottlenecks for the industry is the need for more standards and regulations for the supply of these gases.

Oxygen and acetylene are two extensively used industrial gases in a variety of sectors. The user's safety is a priority in the design of the cylinders holding these gases. However, ensuring the highest level of safety on an industrial site is insufficient. While handling compressed gases, one should be aware of the various risks and hazards involved. Understanding the characteristics of the gas inside, such as toxicity, flammability limits, and toxicity - Threshold Limit Value, is crucial (TLV). Furthermore, it's critical to comprehend the risks that gases offer under low temperatures, high pressures, or in various physical states, such as non-liquefied or liquefied. To deal with hazardous behavior of gases various stringent policies is framed by authorities.

Download Free Sample Report

Promising Demand from Light Engineering Industry.

Steel production and metal fabrication, as well as the production of basic and manufactured metals, depend heavily on industrial gases. Almost every industrial sector depends on steel, including the automobile, building, and defense industries. As the main raw material used to create steel, oxygen plays a crucial role in steel production. Additionally, argon and oxygen are frequently employed together while refining stainless steel. Metal fabrication uses industrial gases in a significant way. For instance, argon is utilized as a shielding gas for the electric arc welding of nonferrous and specialty metals, and acetylene is used for welding and metal cutting. Metal sheeting, rods, wires, and castings are all heat-treated and worked with nitrogen.

In recent decades, the usage of specialized gases in the automotive sector has grown significantly. Xenon is used in automobile headlamps, whereas argon and nitrogen are used in indication lamps. The automobile body and door sheet metal are cut with lasers using specialized gas combinations. Automating automotive air conditioning heat exchangers frequently involves brazing in a controlled nitrogen or hydrogen atmosphere. The brazed joints can get the highest leak-free strength because of this reduced atmosphere. The active safety systems integrated into today's vehicles must include airbags. The ideal characteristics are provided by high-pressure argon and other rare gases for ultra-high-speed bag inflation.

Merger & Acquisition

  • In August 2021, Linde India acquired packaged gases business of HPS Gases Ltd., Vadodara.

Market Segmentation

India Industrial Gases Market is segmented based on Product, and mode of distribution. Based on Product, the market is divided into oxygen, nitrogen, hydrogen, carbon dioxide, argon & helium. Based on mode of distribution, the market is divided into bulk & cylinder, tonnage/gaseous, packaged.

Market Players

Linde India Limited, Air Liquide India, Praxair India Private Limited, Taiyo Nippon Sanso K-Air India Private Limited, INOX Air Products, Ellenbarrie Industrial Gases Limited, Bhuruka Gases Limited, Bombay Oxygen Corporation Limited, The Southern Gas Ltd., SICGIL INDIA LIMITED are some of the key players operating in the India Industrial Gases Market.



Base Year


Historic Data

2018 – 2022

Estimated Year


Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in metric ton, and CAGR for 2018-2022 and 2024-2028

Report coverage

Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered


Mode of Distribution

Regional scope

East; West; North; South.

Key companies profiled

Linde India Limited, Air Liquide India, Praxair India Private Limited, Taiyo Nippon Sanso K-Air India Private Limited, INOX Air Products, Ellenbarrie Industrial Gases Limited, Bhuruka Gases Limited, Bombay Oxygen Corporation Limited, The Southern Gas Ltd., SICGIL INDIA LIMITED

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 Report Scope:

In this report, India Industrial Gases Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         India Industrial Gases Market, By Product:

    • Oxygen
    • Nitrogen
    • Hydrogen
    • Carbon Dioxide
    • Argon
    • Helium

·         India Industrial Gases Market, By Mode of Distribution:

o   Bulk & Cylinder

o   Tonnage/Gaseous

o   Packaged

·         India Industrial Gases Market, By Region:

o   North

o   South

o   West

o   East 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Industrial Gases Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Industrial Gases Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at

In case you don’t find what you are looking for, please get in touch with our custom research team at

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    India Industrial Gases Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Product (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Argon, & Helium)

5.2.2.     By Mode of Distribution (Bulk & Cylinder, Tonnage/Gaseous, Packaged)

5.3.  By Region

5.4.  By Company

5.5.  Market Map

5.5.1.      By Product

5.5.2.      By Mode Of Distribution

6.    India Oxygen Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Application (Metallurgy, Light Engineering Industry, Medical and Others)

6.2.2.     By Mode of Distribution (Bulk & Cylinder, Tonnage/Gaseous, Packaged)

6.2.3.     By Region

7.    India Nitrogen Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Application (Petrochemical, Metallurgy, Pharma & Chemical Industry and Others)

7.2.2.     By Mode of Distribution (Bulk & Cylinder, Tonnage/Gaseous, Packaged)

7.2.3.     By Region

8.    India Carbon Dioxide Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Application (Chemical and Petrochemicals, Food & Beverages, Welding , Healthcare and Others)

8.2.2.     By Mode of Distribution (Bulk & Cylinder, Tonnage/Gaseous, Packaged)

8.2.3.     By Region

9.    India Hydrogen Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Application (Refinery, Chemical & Petrochemical, Fuel & Atomic Power Generation, Metallurgical & Metal Processing, Hydrogenation of  Fats & Oils and Others)

9.2.2.     By Mode of Distribution (Bulk & Cylinder, Tonnage/Gaseous, Packaged)

9.2.3.     By Region

10.  India Argon Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Application (Welding, Metallurgy and Others)

10.2.2.  By Mode of Distribution (Bulk & Cylinder, Tonnage/Gaseous, Packaged)

10.2.3.  By Region

11.  India Helium Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Application (Saturation Diving, Ballooning, MRI, NMR and Others)

11.2.2.  By Mode of Distribution (Bulk & Cylinder, Tonnage/Gaseous, Packaged)

11.2.3.  By Region

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Policy and Regulatory Landscape

15.  Porters Five Forces Analysis

15.1.              Competition in the Industry

15.2.              Potential of New Entrants

15.3.              Power of Suppliers

15.4.              Power of Customers

15.5.              Threat of Substitute Products

16.  Competitive Landscape

16.1.              Business Overview

16.2.              Company Snapshot

16.3.              Products & Services

16.4.              Financials (As Reported)

16.5.              Recent Developments

16.6.              SWOT Analysis

16.6.1.  Linde India Limited

16.6.2.  Air Liquide India

16.6.3.  Praxair India Private Limited

16.6.4.  Taiyo Nippon Sanso K-Air India Private Limited

16.6.5.  INOX Air Products

16.6.6.  Ellenbarrie Industrial Gases Limited

16.6.7.  Bhuruka Gases Limited

16.6.8.  Bombay Oxygen Corporation Limited

16.6.9.  The Southern Gas Ltd.


17. Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at