Top 10 Industrial Gas Manufacturers in India

Overview: Industrial Gas Industry in India

The industrial gas manufacturing industry in India was valued at about USD 3.56 billion in 2024, supplying essential gases like oxygen, nitrogen, hydrogen and argon for steelmaking, welding, healthcare and chemical processing. Major producers such as Linde and INOX serve booming sectors while the market grows with industrialization and energy transitions. Oxygen and nitrogen dominate applications, especially in metallurgy and manufacturing.

Top 10 Industrial Gas Manufacturers in India

1. INOX Air Products Private Limited

INOX Air Products is an India-based industrial gas manufacturer founded in 1963 as Industrial Oxygen Company Private Ltd and later became a joint venture with Air Products & Chemicals Inc. The company produces industrial and medical gases such as oxygen, nitrogen, argon, hydrogen and specialty gas mixtures for sectors including metals, chemicals, healthcare and semiconductors. It is a top industry player due to its extensive capacity, national network and long-standing market leadership.

2. Linde India Limited

Linde India Limited is an India-based industrial gas manufacturer with roots dating back to 1935, producing a wide range of industrial, specialty and medical gases including oxygen, nitrogen, argon and high-purity mixtures for sectors such as metals, healthcare, chemicals, refining, food & beverage and electronics. It is a top player due to its extensive national network, largest ASU capacity and comprehensive gas solutions across key industries.

3. Air Liquide India Holding Private Limited

Air Liquide is a France-based company established in 1902, operating in India as a leading Industrial Gas Manufacturers provider offering oxygen, nitrogen, hydrogen, argon, and specialty gases. Its solutions support industries including healthcare, metals, chemicals, electronics, food and energy. The company is regarded as a top player due to its global expertise, strong innovation focus, and integrated gas technologies serving diverse industrial needs across India.

4. Prodair Air Products India Private Limited

Prodair Air Products India Private Limited is an India-based joint venture established in 1998, operating as a leading Industrial Gas Manufacturers company delivering industrial gases, hydrogen, and gas handling solutions. Its offerings support refining, chemicals, metals, electronics, manufacturing, and healthcare industries. The company is regarded as a top player due to Air Products’ global technology leadership, strong engineering capabilities, and reliable supply solutions for complex industrial operations across India.

5. Ellenbarrie Industrial Gases Limited

Ellenbarrie Industrial Gases Limited is an India-based Industrial Gas Manufacturers firm established in 1973, producing industrial and specialty gases such as oxygen, nitrogen, argon, hydrogen and more for steel, pharmaceuticals, shipbuilding, welding, glass and defense sectors. With one of the largest oxygen plants and a diversified client base across key industries, it is a top player due to its deep legacy, extensive capacity and strong Indian ownership.

6. Air Water India Private Limited

Air Water India Private Limited is a Japan-based Industrial Gas Manufacturers subsidiary of Air Water Inc, entering India through acquisitions in 2019 and supplying industrial gases like oxygen, nitrogen, argon, helium and carbon dioxide. It serves steel, chemicals, electronics, manufacturing and healthcare sectors with cryogenic and on-site solutions. The company is considered a top player due to its strategic ASU capacity, extensive supply network and strong operational expertise.

7. Taiyo Nippon Sanso India Private Limited

Taiyo Nippon Sanso Corporation is a Japan-based Industrial Gas Manufacturers company established in 1910, supplying industrial, electronic and medical gases including oxygen, nitrogen, hydrogen and specialty gases. Its solutions serve steel, chemicals, electronics, energy and healthcare industries worldwide, including India. The company is considered a top player due to its long industrial legacy, advanced gas technologies, and strong global manufacturing and supply capabilities.

8. Goyal MG Gases Private Limited

Goyal MG Gases Private Limited is an India-based Industrial Gas Manufacturers company established in 1973, producing industrial, medical, specialty and process gases including oxygen, nitrogen, argon, hydrogen and helium. It supplies critical gases to steel, healthcare, food & beverage, pharmaceutical, petrochemical and metal fabrication industries across India. The company is considered a top player due to its extensive cryogenic ASU plants, nationwide supply network and long-standing market presence.

9. Bhoruka Specialty Gases Private Limited

Bhoruka Specialty Gases Limited is an India-based Industrial Gas Manufacturers company established in 1979, specializing in high-purity industrial, specialty and electronic gases. Its products support electronics, semiconductors, pharmaceuticals, research laboratories and advanced manufacturing sectors. The company is considered a top player due to its strong focus on ultra-high-purity gases, in-house manufacturing capabilities, and long-standing expertise in serving technology-driven industries.

10. National Oxygen Limited

National Oxygen Limited is an India-based Industrial Gas Manufacturers company established in 1974, engaged in producing industrial and medical gases such as oxygen, nitrogen, argon and dissolved acetylene. Its products support steel, engineering, manufacturing, healthcare and infrastructure industries across India. The company is considered a top player due to its long operational history, strong regional presence, and reliable gas supply capabilities backed by the Nippon Sanso Group.

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