Quadintel published a new report on the Industrial Gases-Glass Industry Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Industrial Gases-Glass Industry Market is valued at approximately USD 3.49 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.29% over the forecast period 2022-2028.
Industrial gases are the gaseous components that are generated for use across various industries. It comprises several types of gases such as oxygen, nitrogen, argon, hydrogen, and acetylene. These gases are stored in a variety of cylinders according to the gas properties like some gases are delivered at low pressure whereas other gases are delivered at high pressure.
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The increasing demand for the glass packaging industry, as well as the rising need for energy-efficient glass production techniques, are the primary factors for the global market growth. Additionally, the extensive growth of the glass industry along with its end-use verticals are also significantly propelling the market demand across the globe. For instance, according to Statista, the global flat glass market was accounted for USD 265.85 billion in 2020, and it is projected to reach USD 352 billion by 2028. However, complex manufacturing processes impede the growth of the market over the forecast period of 2022-2028. Also, high demand in the automotive industry is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Industrial Gases-Glass Industry market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the rapid industrialization and the increasing demand for the rising application of glass packaging in end-use applications. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing applications of glass across the construction and automotive industries as well as the growth of the emerging economies such as India and China would create lucrative growth prospects for the Industrial Gases-Glass Industry market across the Asia-Pacific region.
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Major market players included in this report are:
Air Products & Chemicals, Inc.
The Linde Group
Taiyo Nippon Sanso Corporation
Air Liquide SA
Taiyo Nippon Sanso Corporation
SIG Gases Berhad
Messer Group GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Glass Type
Forming & Melting
By Transportation Mode
Cylinder & Packaged Gas Distribution
Merchant Liquid Distribution
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Industrial Gases-Glass Industry Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
- Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
- the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
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