Showing posts with label India Industrial Gases Market Trends. Show all posts
Showing posts with label India Industrial Gases Market Trends. Show all posts

Tuesday, December 14, 2021

Manufacturing Industry saw a major dip in its IIP Index in the month of April 2020, leading to decline in demand for Industrial Gas considering it is the major end-user sector: Ken Research

Key Findings

·       Steel Industry which is the largest producer as well as end user for the industrial gas was affected in 2020, due to lockdown imposed in the country.

·       Out of all the 8 core industries, manufacturing, mining and electrical industry are the most important end user of the industrial gases industry.

Impact of Covid-19: Lockdown and the corresponding restrictions on local and global movement of people and goods, except for essential goods and services, was an exogenous shock to the Industry and led to massive growth in demand for liquid medical oxygen. Rise in demand led to a fluctuation in the price of Oxygen Gas.

Unlocking of the economy in a phased manner has helped the economy to get back on its feet. India implemented policies aimed at reducing transaction costs. The Policy of Atmanirbhar Bharat Abhiyan. It was aimed at fostering the competition, providing sustenance and security to MSMEs (Medium Small and Micro Enterprises).

Emerging Trends in Industrial Gases Industry: By the end of the first quarter of 2020, the IIP saw one of the steepest falls in the history of Indian Industry. This brought a lot of uncertainty in the Industry, especially Industrial Gases which is a feeder for Steel and other Industrial manufacturing. By early onset of second wave, the Oxygen Industry faced a sudden surge of Demand for Oxygen which leads to a boost in the Industrial Gases Industry. Over the years there has been a long growth in the credit facility extended by the banks to the Industry which underlines the foundation of financial strength of the country. The gross credit of the facility extended to the sector in interest was 3.4% year –on-year bases in 2019 October but was pushed into dive with a negative 1.7% growth in October 2020.

Analysts at Ken Research in their latest publication India Industrial Gases Outlook to 2026- By Sales Mode- (Industrial and Merchant Liquid), By End User, By Region (North, East, West and South), By States and By Companiesobserved that the Indian Industrial Gases market has a great potential to grow supported by numerous government initiatives. Industrial gases play a quintessential role in the industrial and economic development of India. Their processes are constantly reviewed and updated to reduce the cost and make them more sustainable to consider the increasing damage to environment and ecology.

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:-

India Industrial Gases Market

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Industrial water and waste water treatment industry in Vietnam registered a positive five year CAGR during 2012-2017. The market size grew constantly in terms of order intake during the period 2012-2017. The growth was mainly driven by rapid industrialization of Vietnam which leads to high level of pollution in the water bodies, strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing industries has promoted the development of water treatment industry.

Malaysia Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region (North, Kuala Lumpur, South and East, and Sabah and Sarawak) and By Industry (Agriculture and Food, Palm Oil, Oil and Gas, Electronics, and Others)

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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Friday, November 12, 2021

Industrial Gases Market India, Growth and Analysis, Revenue, Size, Shares, Major Players, Forecast: Ken Research

India Industrial gases Market Segmentation

By End User Type: Industrial Gases provide foundational base to Industrial manufacturing and its growth is directly proportional to the number of end users. Industrial Oxygen is highly required in industries such as steel manufacturing &automotive. Hence most plants are strategically located near the end users for easy transportation through pipelines leading to huge cost savings. Major end users include steel manufactures, glass manufacturing, packaging etc. Large proportion of Industrial gases is consumed by Metal Industry especially in Steel Industry and other metal fabrication processes.

By Region & State: Major hotspots for medical oxygen production includes Nagpur, Pune, Baroda, Ahmedabad, Bokaro and Jamshedpur East Region in India has the highest production of liquid oxygen and liquid argon, while west has the highest production for liquid nitrogen. Maharashtra, Gujrat and Jharkhand are the top states that have the highest capacity per day.

By Sales Mode: Industrial gases in India are made available through two major channels of sales that is, Merchant sale liquid and Onsite or Industrial. In terms of capacity the liquid mode take the lion’s share over the onsite sales mode. Most of the Oxygen Gas is distributed via Onsite Production through pipelines. Big players such as INOX, Praxair and Goyal gases have strategic partnerships with companies such as Jindal Steels, Saint Gobain Glass and SAIL for production of onsite oxygen gas.

Competitive Scenario In India Industrial Gases Market

Industrial Gas   Market is   highly   concentrated among the top player. Its expanse is spread across the organized as well as fragmented sections of the Industry. Nearly, all the major players produce main Industrial Gases like Oxygen, Argon, Helium, Methane and Carbon Dioxide. Oxygen is the leading and most demanded product in the segment. Many small scale producers exist in the market which results in a large fragmented section.

The competition in the Industrial Gases market in India is highly concentrated where leading manufacturers around ~80% share in the market. The major Industrial Gases companies include 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.

India Industrial Gases Market Future Outlook

The India Industrial Gases Market is expected to increase at a CAGR of ~% during 2021 to 2026 basis volume. The Merchant Sales and Liquid gases segment will continue to dominate the Indian Industrial Gases with ~% market share by 2026. Market is highly concentrated among the Top 3 Player for Liquid Gas Market. These players include INOX, Praxair-Linde and Air Water with the market share of more than 70%.

After the pandemic there will be a push and rebound growth in the manufacturing sector of the country. There will be a boast in various low share end users manufacturing like Automotive Sector and this will proportionately increase the demand for Industrial Gases. There will be a sudden surge initially due to rebound in the after pandemic growth and later there will be a steady and gradual growth in the Industrial Gases Industry in India.

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:-

India Industrial Gases Market

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The market for lithium ion cells and batteries in South Korea is at its early growth stage. The market is concentrated with a small number of large companies which have strong domestic as well as global presence. The market grew at a double digit growth rate during CY’2012 – CY’2017 with the surge in the growth in end user application areas such as ESS (Energy Storage System) and EVs (Electric Vehicles) as well as consumer electronics.

Vietnam Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region (North, South and Central) and By Industry (Food Processing, Textile, Chemical, Power, Oil and Gas, Fertilizers and Others)

Industrial water and waste water treatment industry in Vietnam registered a positive five year CAGR during 2012-2017. The market size grew constantly in terms of order intake during the period 2012-2017. The growth was mainly driven by rapid industrialization of Vietnam which leads to high level of pollution in the water bodies, strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing industries has promoted the development of water treatment industry.

Malaysia Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region (North, Kuala Lumpur, South and East, and Sabah and Sarawak) and By Industry (Agriculture and Food, Palm Oil, Oil and Gas, Electronics, and Others)

Industrial water and waste water treatment industry in Malaysia registered a positive five year CAGR during 2012-2017. The growth was mainly driven by strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing industries has promoted the development of water treatment industry.

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Monday, October 11, 2021

India Industrial Gases Market, Industry, Revenue, Size, Shares, Major Players, Growth and Analysis, Outlook, Forecast: Ken Research

How Is India Industrial Gases Market Positioned?

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.

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:-

India Industrial Gases Market

Related Reports:-

South Korea Lithium Ion Cell and Battery Market Outlook to 2022 - by Type of Batteries (Li-NMC, LFP, LCO and Others), Power Capacity (0-3,000 mAh, 3,000-10,000 mAh, 10,000-60,000 mAh and More than 60,000 mAh) and Application Areas (Consumer Electronics, ESS/UPS, Automotive Sector, Industrial Sector and Others)

The market for lithium ion cells and batteries in South Korea is at its early growth stage. The market is concentrated with a small number of large companies which have strong domestic as well as global presence. The market grew at a double digit growth rate during CY’2012 – CY’2017 with the surge in the growth in end user application areas such as ESS (Energy Storage System) and EVs (Electric Vehicles) as well as consumer electronics.

Vietnam Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region (North, South and Central) and By Industry (Food Processing, Textile, Chemical, Power, Oil and Gas, Fertilizers and Others)

Industrial water and waste water treatment industry in Vietnam registered a positive five year CAGR during 2012-2017. The market size grew constantly in terms of order intake during the period 2012-2017. The growth was mainly driven by rapid industrialization of Vietnam which leads to high level of pollution in the water bodies, strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing industries has promoted the development of water treatment industry.

Malaysia Industrial Water and Waste Water Treatment Market Outlook to 2022 - By Region (North, Kuala Lumpur, South and East, and Sabah and Sarawak) and By Industry (Agriculture and Food, Palm Oil, Oil and Gas, Electronics, and Others)

Industrial water and waste water treatment industry in Malaysia registered a positive five year CAGR during 2012-2017. The growth was mainly driven by strict implementation of regulatory norms and scarcity of water promoting the industries to use recycled water. Increased demand for energy and rise in manufacturing industries has promoted the development of water treatment industry.

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249