Industrial Gases Market for Glass Industry by Distribution Channel, Gas Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR70981
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The industrial gases market for glass industry has the potential to grow by USD 744.67 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.73%.

This industrial gases market research report for glass industry provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (merchant liquid distribution, tonnage distribution, and cylinder and packaged distribution), gas type (nitrogen, oxygen, hydrogen, acetylene, and others), and geography (APAC, Europe, North America, South America, and MEA). The industrial gases market report for glass industry also offers information on several market vendors, including Air Products and Chemicals Inc., Air Water Inc., EPC Engineering & Technologies GmbH, Gulf Cryo Holding CSC, HYGEAR, Linde Plc, Messer Group GmbH, Praxair Technology Inc., SOL Spa, and Taiyo Nippon Sanso Corp. among others.

What will the Industrial Gases Market Size for Glass Industry be in 2021?

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Industrial Gases Market for Glass Industry: Key Drivers and Trends

The augmented demand for glass from construction industry is notably driving the industrial gases market growth for glass industry, although factors such as presence of stringent environmental regulations governing industrial gases production may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial gases market for glass industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • The construction industry has seen significant growth in recent years, and the demand for glass from the construction industry is also on the rise. This is one of the key factors that will drive the growth of the industrial gases market during the forecast period.
  • The growth of the construction industry because of the rise in the global population will contribute towards the growth of both residential and commercial construction markets. 
  • Glass widely used in the construction industry for windows is made from major industrial gases such as oxygen, sulfur dioxide, krypton, silane, carbon dioxide, oxides of nitrogen, and hydrogen.
  • The usage of recycled glass as raw material in glass manufacturing will influence the growth of the industrial gases market size for glass industry.
  • The increasing awareness around the globe about eco-friendly processes has resulted in the usage of recycled glass as a raw material in the glass manufacturing process.
  • The use of recycled glass brings down the costs involved in the production, thereby reducing the cost of glass.
  • To reduce the glass content in landfills, associations, and manufacturers in Europe have already started encouraging individuals to recycle glass.

This industrial gases market analysis report for glass industry also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Industrial Gases Market Vendors for Glass Industry?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Air Products and Chemicals Inc.
  • Air Water Inc.
  • EPC Engineering & Technologies GmbH
  • Gulf Cryo Holding CSC
  • HYGEAR
  • Linde Plc
  • Messer Group GmbH
  • Praxair Technology Inc.
  • SOL Spa
  • Taiyo Nippon Sanso Corp.

 

This statistical study of the industrial gases market for glass industry encompasses successful business strategies deployed by the key vendors. The industrial gases market for the glass industry is fragmented and the vendors are deploying growth strategies such as M&A, divestitures, JVs, and partnerships to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The industrial gases market for glass industry forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Industrial Gases Market for Glass Industry?

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64% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for industrial gases for glass industry in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rising industrialization and the increasing demand for industrial gases from the automotive, food and beverage, and construction sectors will facilitate the industrial gases market growth for glass industry in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Distribution Channel Segments in the Industrial Gases Market for Glass Industry?

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The industrial gases market share growth for glass industry by the merchant liquid distribution segment will be significant during the forecast period. Industrial gases, such as oxygen, nitrogen, hydrogen, helium, and liquid nitrogen, are widely supplied through the merchant liquid distribution mode. This mode of industrial gas distribution for the glass industry is ideal when customers do not have a steady demand pattern for tonnage mode. It also provides cost benefits to such customers.

This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial gases market size for glass industry and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Industrial Gases Market Report for Glass Industry?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial gases market growth for the glass industry during the next five years
  • Precise estimation of the industrial gases market size for the glass industry and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial gases market for glass industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial gases market vendors for the glass industry 

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Industrial Gases Market For Glass Industry Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.73%

Market growth 2021-2025

$ 744.67 million

Market structure

Fragmented

YoY growth (%)

4.35

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 64%

Key consumer countries

China, US, Japan, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Air Products and Chemicals Inc., Air Water Inc., EPC Engineering & Technologies GmbH, Gulf Cryo Holding CSC, HYGEAR, Linde Plc, Messer Group GmbH, Praxair Technology Inc., SOL Spa, and Taiyo Nippon Sanso Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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