Industrial Gases Market for Glass Industry to grow by USD 808.18 million from 2022 to 2027 | Air Water Inc., Messer SE and Co. KGaA, Gulf Cryo Holding CSC, and more among key companies – Technavio

NEW YORK, Nov. 27, 2023 /PRNewswire/ — The industrial gases market for glass industry is expected to grow by USD 808.18 million from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 4.62% during the forecast period, according to Technavio. The market is segmented by distribution channel (merchant liquid distribution, tonnage distribution, and cylinder and packaged distribution), type (nitrogen, oxygen, hydrogen, acetylene, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the industrial gases market for glass industry market including  Air Water Inc., Messer SE and Co. KGaA, Gulf Cryo Holding CSC, HoSt Holding B.V., Iwatani Corp., Mitsubishi Chemical Group Corp., SOL Spa, SIG Gases Berhad, Air Liquide SA, Air Products and Chemicals Inc., The Linde Group, and Yingde Gas Group Co. Ltd.

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Industrial Gases Market For Glass Industry Market 2023-2027: Company Analysis

Air Water Inc – The company offers industrial gases for the glass industry such as argon, carbon dioxide, helium, and oxygen for manufacturing various types of glasses.

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Industrial Gases Market For Glass Industry 2023-2027: Segmentation

Distribution Channel

The merchant liquid distribution segment is estimated to witness significant growth during the forecast period. The distribution mode of merchant liquids is the movement of LNG tankers into storage containers in a glass manufacturer’s premises. The cost-effectiveness of the merchant liquid distribution mode is a major advantage, as large quantities of industrial gases which are required by the glass sector can easily be supplied through this method and there is an increasing preference for this segment over cylinder-based distribution. Type (nitrogen, oxygen, hydrogen, acetylene, and others)

Geography 

APAC is estimated to contribute 61% to the growth of the global market during the forecast period. Increasing industrialization and growing demand for industrial gases by end users, e.g., from construction, automobile, food & beverage industries that require glasses of massive volumes are some of the key factors affecting this market.Europe, North America, South America, and Middle East and Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a Free PDF Sample Report

Industrial Gases Market For Glass Industry 2023-2027: Key Highlights

Historic Market Size 2017-2021CAGR of the market during 2023-2027Detailed information on factors that will assist industrial gases market for glass industry growth during the next five yearsEstimation of the industrial gases market size for glass industry and its contribution to the parent marketForecasts on upcoming trends and changes in consumer behaviorThe growth of the industrial gases market for glass industry Analysis of the competitive landscape and detailed information on companiesComprehensive details of factors that will impede the growth of industrial gases market for glass industry companies

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The industrial gas market is estimated to grow by USD 29,120.36 million at a CAGR of 5.92% between 2022 and 2027. 

The liquid nitrogen market size is estimated to grow by USD 5,846.77 million at a CAGR of 6.14% between 2022 and 2027. 

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Distribution Channel

Market Segmentation by Type 

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Website: www.technavio.com

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SOURCE Technavio