Industrial Gases-Glass Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
25220 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : RI
Industrial gas is a generic term for gases (liquefied gases) used widely in all industries for raw materials and intermediate materials in the manufacturing industry, or for quality improvement, energy saving and the safety in manufacturing processes. This does not include city gas (coal gas for domestic use) and LP gas that are mainly used for household energy. Medical gases used in hospitals are included among industrial gases.
The global industrial gases market is highly concentrated as it is mainly dominated by four giants, Linde Group, Air Liquide, Praxair, Air Products and Chemicals. Presently, Praxair is completing the merger with Linde. Once the merger is implemented, the market will become more concentrated further. Thus, with higher market concentration, insiders think that leading giants will have more rights on gas pricing.
The glass industry is one of the most energy intensive industries, in fact it is second only to the aluminum industry and consumes the second highest amount of energy to make a single unit or product. During the last several decades, glass manufacturers have worked to combat energy problems caused much in part by an extremely high-energy melting process. Some manufacturers have even tried changing the fuel source by using oxygen instead of air in furnaces. Industrial gases have helped to ease the energy intensity of the glass industry, in terms of reducing cost, improving processes and enhancing product quality in recent years.
The Global Industrial Gases-Glass Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Industrial Gases-Glass Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Linde Group
Air Liquide
Praxair
Air Products and Chemicals
Taiyo Nippon Sanso
Air Water
Messer
Yingde Gases
Gulf Cryo
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Oxygen
Nitrogen
Hydrogen
Argon
Helium
Other In Market segmentation by applications :
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Industrial Gases-Glass Market for the forecast period 2023 - 2030?
• What are the driving forces in the Industrial Gases-Glass Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Industrial Gases-Glass industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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