Indian oxygen cylinder market was valued at USD 358.3 million in the year 2022 and is projected to reach USD 595.5 million in the year 2030, registering a CAGR of 6.6% in the 2023-2030 period. In the year 2022, India accounted for 8.9% of the global medical oxygen cylinder market, in terms of revenue generated. The increase in demand for supplemental oxygen therapy is driving the growth of this market in India. Oxygen cylinders are portable devices filled with pressurised oxygen or liquid oxygen to deliver medical-grade oxygen to patients requiring respiratory support. They are widely required in hospitals, clinics, ambulances and home care settings. Apart from medical purposes, oxygen cylinders are also used in commercial and industrial applications, such as manufacturing and aerospace. Let’s have a look at the top 10 oxygen cylinder companies in India for the year 2025.
1. Rama Cylinders Private Limited
Rama Cylinders Private Limited, founded in the year 2004, is a leading manufacturer of filled oxygen cylinders for medical and industrial applications, and a host of other gas cylinders of various types, such as CNG, fire fighting, bio gas and industrial gas. Its filled medical oxygen cylinders are manufactured using German technology and are equipped with safe and controlled dispensing systems. The company also manufactures oxygen cylinders designed for the aviation industry, steel industry and packing industry.
Rama Cylinders operates two manufacturing facilities having a combined capacity to produce 600,000 stainless steel oxygen and other gas cylinders yearly.
2. Verni Gastech Private Limited
Verni Gastech Private Limited, established in the year 1997, manufactures filled medical oxygen cylinders and industrial oxygen cylinders, and many other types of gases for industrial applications, such as nitrogen, carbon dioxide, argon, helium, nitrous oxide, hydrogen and mixed gases. The oxygen production capacity of the company is 600 Nm3/h. Apart from cylinders, the company also manufactures cylinder valves in multiple thread sizes, gas types and working pressures.
Verni Gastech also offers a wide range of services, including installation of medical oxygen pipeline, nitrogen purging, CNG cylinder testing and hydro testing.
3. Aims Oxygen Private Limited
Aims Oxygen Private Limited, established in the year 1961, is a manufacturer, supplier and wholesaler of oxygen, medical oxygen, argon, nitrogen, nitrous oxide, hydrogen, carbon dioxide and mixture of gases. It manufactures medical oxygen for oxygen therapy centres, emergency medical services, hospitals and first aid providers, and industrial oxygen for multiple sectors, including aviation, chemical, energy, welding and metal fabrication and food and beverage.
Aims Oxygen provides oxygen in cylinders, canisters and trailers. The company also provides PESA-approved cylinder hydrotesting at its dedicated station located in Panelav, Gujarat.
4. Everest Kanto Cylinder Limited
Everest Kanto Cylinder Limited, founded in the year 1978, manufactures high-end stainless steel gas cylinders for various applications. It provides filled oxygen cylinders for both medical and industrial purposes. Medical oxygen cylinders comply with all the national and international standards, and come in multiple capacities in the range of 1111 L to 17288 L. Industrial oxygen cylinders are manufactured as per ISO 9809 and IS 7285 standards, with pressurised oxygen in the range of 150-400 Bar.
Everest Kanto operates two manufacturing plants in India with a combined production capacity of 840,000 units per annum. The company also has manufacturing facilities in China, Dubai and USA.
5. Linde India Limited
Linde India Limited, established in the year 1935, offers a comprehensive portfolio of industrial, medical and specialty gas products. It provides medical oxygen in both high-pressure cylinders as well as liquid containers for more specialised medical applications. The oxygen cylinders come in various capacities and contain oxygen under a pressure of 146.66 kg/cm2. Apart from medical oxygen, the company also provides industrial oxygen cylinders and containers for various industries, including welding, glass, concrete, iron and steel and sewage treatment.
Linde has a vast network of strategically located cylinder bottling units across India, and a large fleet of cryogenic bulk tankers to deliver liquid oxygen and other gases in liquefied form.
6. National Oxygen Limited
National Oxygen Limited, established in the year 1974, is a manufacturer and supplier of medical oxygen, industrial oxygen and other gases like nitrogen, argon and dissolved acetylene. It provides both highly pure gaseous medical oxygen in cylinders and liquid medical oxygen to hospitals and other healthcare facilities. Apart from medical oxygen, the company also supplies oxygen in gaseous and liquid forms for multiple industrial applications, such as welding, cutting, smelting, explosives manufacturing and blast furnaces.
7. Axcel Gases
Axcel Gases, established in the year 2000, is an ISO 9001-2015 certified company specialising in filled oxygen cylinders and other gas products. It provides gaseous oxygen for medical and other purposes in high pressure seamless cylinders constructed of chrome-molybdenum alloy steel or manganese alloy steel which contain oxygen under a pressure of and above 150 kgf/cm2. The cylinders conform to various Indian and international standards.
8. Panki Oxygen
Panki Oxygen, established in the year 2000, is a manufacturer, exporter, supplier and trader of filled medical oxygen and industrial oxygen cylinders, and other gas products like nitrogen, helium and calibration gases. Its medical oxygen cylinders have a capacity of 1.5 cubic metres and an operating pressure of 150 kgf/cm2. The company also manufactures industrial oxygen cylinders and liquid oxygen.
9. Tirupati Oxygen Private Limited
Tirupati Oxygen Private Limited, founded in the year 1994, manufactures a wide range of filled oxygen, helium, ethylene oxide, acetylene, nitrogen, argon, ammonia and hydrogen gas cylinders. It offers medical oxygen cylinders in multiple capacities, ranging from 10L-1m3 to 46.7L-7m3. The company also manufactures industrial oxygen cylinders having a capacity of 7 cubic metres and an operating pressure of 150kgf/cm2.
10. Salasar Carbonics Private Limited
Salasar Carbonics Private Limited, founded in the year 1994, manufactures and trades medical oxygen cylinders, and oxygen, carbon dioxide, nitrogen and specialty gas cylinders for industrial applications. Its oxygen cylinder offerings include B type industrial filled oxygen cylinders with a capacity of 10 L and filled medical oxygen cylinders with a capacity of 1000 L.
Conclusion
Top companies are known for their lightweight and compact oxygen cylinders equipped with innovative delivery mechanisms. Healthcare, industrial and technological domains are likely to be at the forefront in expanding the oxygen cylinders market in the near future.