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 REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 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 Companies“ observed 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 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. 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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. Follow Us:- LinkedIn | Instagram | Facebook | Twitter | YouTube Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Post Views: 17 Tags: Air Liquide Industrial Gases Market Sales, Air Water Industrial Gases Market Revenue, Assam Air Product Industrial Gases Market Shares, Bhorukpur Industrial Gases Pvt. Ltd. Industrial Gases Market Shares, Covid-19 Impact India Industrial Gases Industry, Covid-19 Impact India Industrial Gases Market, Delux Gas Ltd. Industrial Gases Market Revenue, East India Industrial Gases Market, Ellenbarie Industrial Gases Market Revenue, Evaluation Study India Industrial Gases Market, Evaluation Summary Report India Industrial Gases Market, Evaluative Survey India Industrial Gases Market, Goyal Glasses Industrial Gases Market Shares, Gupta Oxygen Industrial Gases Market Sales, HS Kanthi Industrial Gasses Ltd. 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