Industrial Gases Market in India

Market Reports on India presents the latest report on “India Industrial Gases Market By Type (Oxygen, Argon, Nitrogen), By End User (Metallurgy, Medical, Petrochemicals, Welding, etc.), Competition Forecast and Opportunities, 2011 - 2021”. http://www.marketreportsonindia.com/energy-utility-market-research-reports-1391/india-industrial-gases-oxygen-argon-nitrogen.html . This report help to gain an in-depth understanding of Industrial gases market in India.

11th, July 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “India Industrial Gases Market By Type (Oxygen, Argon, Nitrogen), By End User (Metallurgy, Medical, Petrochemicals, Welding, etc.), Competition Forecast and Opportunities, 2011 - 2021”. The report also help to identify the on-going trends and anticipated growth in the next five years.

Nitrogen, Oxygen and Argon are the most commonly used industrial gases. They are used in a wide range of industries, which include oil & gas, petrochemicals, chemicals, power, mining, steelmaking, metals, environmental protection, medicine, pharmaceuticals, biotechnology, food, water, fertilizers, nuclear power, electronics and aerospace. With increasing government initiatives towards developing India’s manufacturing sector, coupled with rapid industrialization, demand for industrial gases is anticipated to grow at a robust pace over the next five years. Petrochemical sector, which is one of the major end users of industrial gases, is anticipated to grow at a CAGR of 13% during 2015-2020, thereby boosting demand for industrial gases in India over the next five years.

According to this Research report, “India Industrial Gases Market By Type, By End User, Competition Forecast and Opportunities, 2011 – 2021”, the market for industrial gases in India is projected to reach US $ 2.2 billion by 2021. Owing to increasing demand and rising competition, an increasing number of industrial gases companies in India are investing heavily on...