India industrial gases market was valued at $ 2.1 billion in 2017 and is
forecast to grow at a CAGR of over 11% to surpass $ 3.9 billion in 2023 on
account of growing demand from
metal industry, particularly steel. Moreover, regular capacity expansions by
automobile, refinery and chemical companies coupled with increasing number of
new applications of industrial gases is further augmenting demand for industrial
gases in the country. Additionally, continuing growth in the country’s
healthcare sector and booming food & beverages sector is anticipated to
augur well for the industrial gases market in India through 2023.
Years
Considered for this Report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019–2023
Objective of the Study:
- The primary objective of the study was to
understand and gain insights about the industrial gases market in India.
- To estimate, calculate and forecast market
size for India industrial gases market.
- To categorize and forecast India industrial
gases market by product type as Oxygen, Nitrogen, Argon, Helium, Carbon
Dioxide, Hydrogen and Acetylene.
- To categorize and forecast India industrial
gases market by application, such as metallurgy, refinery, chemical &
petrochemical, healthcare, welding & fabrication, etc.
- To segment and forecast India industrial gases
market by mode of distribution, such as tonnage, bulk, packaged, etc.
- To categorize and forecast India industrial
gases market by region - North, East, West and South.
- To analyze the industrial gas pricing and its value
chain in India.
- To identify major drivers & challenges for
India industrial gases market.
- To identify major trends in India industrial
gases market.
- To profile major companies in India industrial
gases market.
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Some of the major players
operating in India industrial gases market include Praxair India Private
Limited, Linde India Limited, INOX Air Products, Bhuruka Gases Limited, Air
Water (Ellenbarrie Industrial Gases Limited), Taiyo Nippon Sanso K-Air India
Private Limited, Air Liquide India, Bombay Oxygen Corporation, The Southern Gas
Ltd., SICGIL INDIA LIMITED and Goyal MG Gases Pvt. Ltd.
To analyse and forecast
India industrial gases market, both top down and
bottom up approaches have been used. Multiple employees from the leading
companies have been interviewed through telephonic conversations to extract and
verify the information being collected at the source. A brief study of the
major players operating in India
industrial gases market was conducted,
which included analysis of information such as ongoing projects followed by the
details of expected year of commissioning and estimated investments along with
the expansion plans of various projects in the country.
Moreover, detailed and in-depth scrutiny of information was done to
understand each policy or external or internal factors, which could increase or
decrease the demand for industrial gases in India.
To extract data,
primary surveys were conducted with key players and stakeholders in the
industry. The future plans of major players were studied and projects which
have commissioned were identified. Various secondary sources such as
white papers and secondary
literature on Petroleum Planning & Analysis Cell, Joint Plant Committee
Bulletin, Directorate General of Commercial Intelligence and Statistics, All
India Industrial Gases Manufacturer’s Association, Ministry of Chemicals and
Fertilizers, Reserve Bank of India, Company Websites & Annual Reports, etc.
were also studied by TechSci Research.
Key Target Audience:
- Industrial gas manufacturers, distributors and
other stakeholders
- Major end users of industrial gases
- Associations, organizations, forums and alliances related to
construction equipment market
- Government bodies such as
regulating authorities and policy makers
- Market research and
consulting firms
The study is essential
in delivering useful information to industry stakeholders such as companies
operating in industrial gases market and other stakeholders. The report
provides useful insights about which market segments should be targeted over
the coming years in order to strategize investments and capitalize on growth
opportunities.
Report Scope:
In this report, the India industrial
gases market has been segmented into the following
categories in addition to the industry trends which have also been detailed
below:
- Market, By Product:
- Oxygen
- Nitrogen
- Hydrogen
- Carbon Dioxide
- Argon
- Others
- Market, By Application:
- Metallurgy
- Light Engineering Industry
- Medical
- Pharma
- Refinery & Chemical
- Fuel & Atomic Power
Generation
- Chemical and Petrochemicals
- Food & Beverages
- Welding
- Healthcare
- Fire Fighting
- Industrial Cleaning
- Ammonia Synthesis
- Others
- Market, By Mode of
Distribution:
- Tonnage
- Bulk
- Packaged
- Healthcare
- Cylinder
- Praxair India Private
Limited
- Linde India Limited
- INOX Air Products
- Bhuruka Gases Limited
- Air Water (Ellenbarrie
Industrial Gases Limited)
- Others
Competitive Landscape
Competition Matrix: Product
matrix of leading 10 players on the basis of product manufacturing and
ownership.
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).
In case of you can’t find what you are looking for, then please get in
touch with our custom research team at sales@techsciresearch.com