Report Ocean, a leading market research firm, has recently unveiled a comprehensive report on the Industrial Gases-Glass Industry Market. This report offers extensive insights into the market’s dynamics, including its demand, growth prospects, opportunities, challenges, and constraints. with a focus on global and regional industry structures, the research report provides a detailed examination of their potential impact. Readers can benefit from an in-depth analysis of various aspects of the market, empowering them to make well-informed decisions based on the wealth of information presented in the report.
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.
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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. 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.
Major market players included in this report are:
- Air Products & Chemicals, Inc.
- The Linde Group
- Praxair, Inc.
- Taiyo Nippon Sanso Corporation
- Air Liquide SA
- Gulf Cryo
- HyGear
- Taiyo Nippon Sanso Corporation
- SIG Gases Berhad
- Messer Group GmbH
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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 Type
Hydrogen
Oxygen
Nitrogen
Argon
Acetylene
By Glass Type
Container Glass
Flat Glass
Glass Fiber
By Function
Forming & Melting
Atmospheric Control
Finishing/Polishing
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By Transportation Mode
Cylinder & Packaged Gas Distribution
Merchant Liquid Distribution
Tonnage Distribution
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Industrial Gases-Glass Industry market, including:
- What can be expected for the Industrial Gases-Glass Industry market in the next decade?
- What are the primary drivers of growth in the global Industrial Gases-Glass Industry market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Industrial Gases-Glass Industry market vary based on the size of the end market?
- What is the breakdown of Industrial Gases-Glass Industry by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Industrial Gases-Glass Industry market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Industrial Gases-Glass Industry Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Industrial Gases-Glass Industry Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Industrial Gases-Glass Industry Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Industrial Gases-Glass Industry Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Industrial Gases-Glass Industry Market.
Our Industrial Gases-Glass Industry Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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