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Competition Forecast and Opportunities on India Industrial Gases Market to 2010 - 2020

  • Date Submitted: 01/28/2016 12:10 AM
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Market reports on India presents the latest report on “Competition Forecast and Opportunities on India Industrial Gases Market to 2010 - 2020” http://www.marketreportsonindia.com/energy-utility-market-research-reports-1391/industrial-oil-gas-india.html This report help to industry consultants and industrial gas suppliers align their market-centric strategies.

28thJan 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “Competition Forecast and Opportunities on India Industrial Gases Market to 2010 - 2020”. The report identify the on-going trends and anticipated growth in the next five years

Industrial gases are also known as specialty gases, fuel gases, medical gases and refrigerant gases. Nitrogen, Oxygen and Argon are few of the most commonly used industrial gases in India. Industrial gases are often used as process enhancers due to their physical and chemical properties. Growing demand from various end user industries such as metallurgy and petrochemicals, coupled with implementation of favorable government policies to support manufacturing sector are projected to fuel growth in India industrial gases market during 2015 - 2020. Industrial gases find application in various other end user industries including electronics, chemical, fabrication, energy and food & beverage. Various big industrial players in India such as Tata Steel, JSW, Bhusan Steel and Vedanta are few of the major consumers of industrial gases in the country.

“India Industrial Gases Market By Type (Oxygen, Argon, Nitrogen), By End User (Metallurgy, Medical, Petrochemicals, Welding, etc.) and Competition Forecast and Opportunities, 2010 - 2020”, the market for industrial gases in India is projected to cross US$2 billion by 2020. Rising competition among local and major players such as Inox Air Products, Praxair and Linde is leading to significant price reduction of industrial gases in India. Various upcoming steel projects are integrating industrial gas...

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