Industrial gasses are the production and supply of gases such as nitrogen, oxygen, hydrogen and more. These gases are critical to industries like electronics, steel, chemicals and fertiliser, manufacturing, healthcare, food and beverages. Their performance is directly related to GDP as when GDP rises the need for industrials rises which means more industrial gasses. The surge in consumption expected from urbanisation leads to more industrial gasses for the food and beverage industry. Most of the industrial gasses are in APAC and North America region. Industrial gasses sector should see substantial growth because of demand increasing and economies expanding. Growth drivers for the industrial gasses sector in India include growth in end use industries, PLI schemes, new opportunity in steel industry, and further investments. Some key challenges and threats to do industry include supply chain challenges, safety and environment, regulatory compliance and energy intensive process. Nitrogen accounts for the most amount of value with 28.5 percent followed by hydrogen and oxygen. For industries the chemical industry accounts for 19 percent of industrial gasses demand and in India the chemical sector was 16.3 percent of the demand. For steel and other manufacturing the market share was 23.3 percent in India compared to 18.2 percent globally. Global demand for hydrogen is driven primarily through the oil and gas industry. Grey hydrogen accounted for 99 percent of all the hydrogen supply in India. In India hydrogen finds use in 4 main industry of steel, chemicals, healthcare and oil and gasses. They are the largest 100 percent Indian owned industrial gasses supplier in terms of installed capacity. Their customer base is diversified across many industries and they have 1836 customers. Some of their strengths are that they are the leading manufacturer in industrial gasses, comprehensive product portfolio, lots of long standing relationships which let them have stable cashflows. Their strategies going ahead to grow the business further includes expansion of their portfolio, establish a pan India presence, and grow through strategic acquisitions. Overview. Ellenbarri is an industrial gasses company which focuses on the production and supply of gasses such as nitrogen, oxygen, hydrogen and more. Their gasses find uses in many different end industries. Some key challenges to their business include regulatory compliance and energy intensive process. Personal thoughts. I think that the sector Elllenbarri operates in is a very important sector for all industries. They have a very diverse industry base which allows them to preform well even if one of their industries does bad. A very important sector they have is healthcare which is an essential and the oxygens they provide are vital to healthcare. Overall I think it is a very solid businesses.