| Product Code: ETC12813006 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, India continued to depend on industrial gas imports from key players like the USA, China, Singapore, Germany, and Taiwan. Despite a slight CAGR of 2.51% from 2020-24, the industry witnessed a concerning -21.97% growth rate in 2023-24. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially impacting competition and pricing dynamics. Monitoring shifts in supply sources and addressing the decline in growth rate will be crucial for stakeholders in the Indian industrial gas import sector.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Gas Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Gas Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Gas Market - Industry Life Cycle |
3.4 India Industrial Gas Market - Porter's Five Forces |
3.5 India Industrial Gas Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Industrial Gas Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Industrial Gas Market Revenues & Volume Share, By Distribution Mode, 2021 & 2031F |
4 India Industrial Gas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and manufacturing activities in India |
4.2.2 Growing demand for industrial gases in sectors such as healthcare, food and beverage, and electronics |
4.2.3 Government initiatives promoting clean energy and sustainability practices in industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulatory challenges related to environmental compliance and safety standards |
4.3.3 Intense competition among industrial gas suppliers in the market |
5 India Industrial Gas Market Trends |
6 India Industrial Gas Market, By Types |
6.1 India Industrial Gas Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Gas Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 India Industrial Gas Market Revenues & Volume, By Oxygen, 2021 - 2031F |
6.1.4 India Industrial Gas Market Revenues & Volume, By Nitrogen, 2021 - 2031F |
6.1.5 India Industrial Gas Market Revenues & Volume, By Carbon Dioxide, 2021 - 2031F |
6.2 India Industrial Gas Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Gas Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.2.3 India Industrial Gas Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.2.4 India Industrial Gas Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3 India Industrial Gas Market, By Distribution Mode |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Gas Market Revenues & Volume, By Cylinders, 2021 - 2031F |
6.3.3 India Industrial Gas Market Revenues & Volume, By Bulk Transportation, 2021 - 2031F |
7 India Industrial Gas Market Import-Export Trade Statistics |
7.1 India Industrial Gas Market Export to Major Countries |
7.2 India Industrial Gas Market Imports from Major Countries |
8 India Industrial Gas Market Key Performance Indicators |
8.1 Energy efficiency improvements in industrial processes |
8.2 Adoption rates of advanced industrial gas technologies |
8.3 Investments in research and development for innovative gas applications |
8.4 Percentage of industrial gas usage in renewable energy production |
8.5 Number of partnerships and collaborations for market expansion and product innovation |
9 India Industrial Gas Market - Opportunity Assessment |
9.1 India Industrial Gas Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Industrial Gas Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Industrial Gas Market Opportunity Assessment, By Distribution Mode, 2021 & 2031F |
10 India Industrial Gas Market - Competitive Landscape |
10.1 India Industrial Gas Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Gas Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here