Market Forecast by Type (cryogenic and non-cryogenic), by Application (automobile, mining and mineral processing, cosmetics, pharmaceuticals and others), By end user (medical, industrial and scientific) and Competitive Landscape
| Product Code: ETC054870 | Publication Date: May 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
| Report Name | India Oxygen Plant Market |
| Forecast period | 2026-2032 |
| CAGR | 9.4% |
| Growing Sector | Medical oxygen plants / Medical oxygen applications |
The India Oxygen Plant Market is witnessing steady development, driven by rising healthcare infrastructure investments, industrial expansion, and increasing demand for medical-grade oxygen across hospitals and manufacturing units. Government initiatives to strengthen emergency medical preparedness and the growing adoption of advanced PSA and cryogenic technologies are further supporting market growth. Additionally, improved domestic production capabilities are enhancing supply reliability nationwide.
According to 6Wresearch internal database and industry insights, the India Oxygen Plant Market is projected to grow at a compound annual growth rate (CAGR) of 9.4% during the forecast period (2026–2032). Growth is influenced by modernization of industrial processes, rising steel and chemical sector requirements, and ongoing healthcare infrastructure upgrades. Increasing focus on self-reliant oxygen generation systems continues to boost market demand across regions.
Some of the key players of the market include Air water Inc., Air Liquide, Taiyo Nippon SANSO, Air Gas, Inc., Guangdong Haute Gas Co. Ltd., Yingde Gases, Baosteel Metal Co. Ltd., The Linde Group and Praxair Technology Inc.
India Oxygen Plant market report thoroughly covers the market by Type, Application, end users and key regions. The market outlook report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
The report provides a detailed analysis of the following market segments:
| 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 Oxygen Plant Market Overview |
| 3.1. India Oxygen Plant Market Revenues, 2022 & 2032F |
| 3.2. India Oxygen Plant Market - Industry Life Cycle |
| 3.3. India Oxygen Plant Market - Porter's Five Forces |
| 3.4. India Oxygen Plant Market Revenues, By Type, 2022 & 2032F |
| 3.5. India Oxygen Plant Market Revenues, By Application, 2022 & 2032F |
| 3.6. India Oxygen Plant Market Revenues, By End User, 2022 & 2032F |
| 3.7. India Oxygen Plant Market Revenues, By Countries, 2022 & 2032F |
| 4. India Oxygen Plant Market Dynamics |
| 4.1. Impact Analysis |
| 4.2. Market Drivers |
| 4.2.1 Increasing demand for oxygen in various industries such as healthcare, metal fabrication, and chemical manufacturing. |
| 4.2.2 Rising awareness about the benefits of on-site oxygen generation systems for cost savings and efficiency. |
| 4.2.3 Government initiatives to boost domestic production of industrial gases like oxygen. |
| 4.3. Market Restraints |
| 4.3.1 High initial investment required for setting up oxygen plants. |
| 4.3.2 Lack of skilled labor for operating and maintaining oxygen generation systems. |
| 4.3.3 Fluctuating raw material prices impacting the overall production cost. |
| 5. India Oxygen Plant Market Trends |
| 6. India Oxygen Plant Market, By Type |
| 6.1. India Oxygen Plant Market, By Type |
| 6.1.1. Overview and Analysis |
| 6.1.2. India Oxygen Plant Market Revenues, By Cryogenic, 2022 - 2032F |
| 6.1.3. India Oxygen Plant Market Revenues, By Non-Cryogenic, 2022 - 2032F |
| 7. India Oxygen Plant Market, By Application |
| 7.1. India Oxygen Plant Market, By Application |
| 7.1.1. Overview and Analysis |
| 7.1.2. India Oxygen Plant Market Revenues, By Mining and Mineral Processes, 2022 - 2032F |
| 7.1.3. India Oxygen Plant Market Revenues, By Pharmaceutical, 2022 - 2032F |
| 7.1.4. India Oxygen Plant Market Revenues, By Cosmetics, 2022 - 2032F |
| 7.1.5. India Oxygen Plant Market Revenues, By Automobiles, 2022 - 2032F |
| 7.1.6. India Oxygen Plant Market Revenues, By Others, 2022 - 2032F |
| 8. India Oxygen Plant Market, By End User |
| 8.1. India Oxygen Plant Market, By End User |
| 8.1.1. Overview and Analysis |
| 8.1.2. India Oxygen Plant Market Revenues, By Medical, 2022 - 2032F |
| 8.1.3. India Oxygen Plant Market Revenues, By Industrial, 2022 - 2032F |
| 8.1.4. India Oxygen Plant Market Revenues, By Scientific, 2022 - 2032F |
| 9. India Oxygen Plant Market Import-Export Trade Statistics |
| 9.1. India Oxygen Plant Market Export to Major Countries |
| 9.2. India Oxygen Plant Market Imports from Major Countries |
| 10. India Oxygen Plant Market Key Performance Indicators |
| 10.1 Energy efficiency of oxygen generation systems. |
| 10.2 Percentage of capacity utilization of oxygen plants. |
| 10.3 Average downtime of oxygen generation systems. |
| 10.4 Customer satisfaction levels with on-site oxygen supply reliability. |
| 11. India Oxygen Plant Market - Opportunity Assessment |
| 11.1. India Oxygen Plant Market Opportunity Assessment, By Application, 2022 & 2032F |
| 11.2. India Oxygen Plant Market Opportunity Assessment, By Type, 2022 & 2032F |
| 12. India Oxygen Plant Market - Competitive Landscape |
| 12.1. India Oxygen Plant Market Revenues, By Companies, 2025 |
| 12.2. India Oxygen Plant Market Competitive Benchmarking, By Operating and Technical Parameters |
| 13. Company Profiles |
| 14. Recommendations |
| 15. Disclaimer |