The Report Global Industrial Gases Market for Glass Industry 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 06/12/2017 -- This industry research report identifies Air Liquide, Air products and Chemicals, Linde Group, Messer Group, and Praxair as the key vendors in the global industrial gases market for the glass Industry. A comprehensive analysis of this market is presented by gas (oxygen, nitrogen, hydrogen, acetylene, and others), by distribution mode (cylinder and packaged distribution, mechant liquid distribution, and tonnage distribution) and by geography (APAC, Europe, North America, and ROW).
Overview of the global industrial gases market for the glass industry
Market research analysts at Technavio predict that the global industrial gases market for the glass industry will grow steadily at a CAGR of more than 6% by 2021. This market research analysis identifies the growth of the glass packaging industry as one of the primary factors that will have a positive influence on the growth of the industrial gases market for the glass industry. Glass is chemically inert, pure, and safe and has the ability to retain the freshness of the contained products for a much longer time. As a result, it is the most chosen material for packaging food, beverages, pharmaceuticals, and personal care products. Glass can be recycled completely and products packaged using glass containers are considered as better in quality. This will increase the demand for glass in the packaging industry, which will in turn, boost the growth of this global market.
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In terms of geography, APAC accounted for the majority shares of the industrial gases market for the glass industry during 2016. The region is expected to continue its market dominance during the forecast period as well and this attributes to the increased demand for gases in the glass industry and the rising investments towards infrastructure development. Additionally, the growth of the major end-user industries such as automotive, construction, packaging, and aerospace and defense and the emergence of advanced glass technologies, will also propel the markets growth in this region.
Competitive landscape and key vendors
The industrial gases market for the glass industry is dominated by the key vendors and also consists of numerous regional vendors, especially in the developing regions such as APAC. The vendor competition in the market is based on factors such as price, quality and performance, innovation, and the need to cater to the demands of the customer. To gain a competitive advantage and improve their market positions, the key vendors in the market increasingly focus on following M&A strategies.
The leading vendors in the market are -
Air products and Chemicals
The other prominent vendors in the market are CRYOTEC Anlagenbau, Gulf Cryo, Matheson Tri-Gas, Taiyo Nippon Sanso, and Welsco.
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Segmentation by gas and analysis of the industrial gases market for the glass industry
During 2016, the oxygen gas segment accounted for the major shares of the industrial gases market for the glass industry. Advantages of oxygen gas such as the reduction in carbon footprint and controlled emissions drive the growth of the segment in this global market. The use of oxygen reduces investments and maintenance costs by eliminating regenerators and recuperates, which will again, rise the demand for oxygen in the glass industry.
Segmentation by distribution mode and analysis of the industrial gases market for the glass industry
Cylinder and packaged distribution
Mechant liquid distribution
Cylinder and packaged distribution mode offers various benefits including low-cost and easy transportation and is also compatible with all types of industrial gases. According to this market research report, this segment accounted for the major shares and dominated the industrial gases market for the glass industry during 2016.
Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global industrial gases market for the glass industry?
What are the key market trends impacting the growth of the global industrial gases market for the glass industry?
What are the challenges to market growth?
Who are the key vendors in the global industrial gases market for the glass industry?
What are the market opportunities and threats faced by the vendors in the global industrial gases market for the glass industry?
Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
What are the key outcomes of the five forces analysis of the global industrial gases market for the glass industry?
Technavio also offers customization on reports based on specific client requirement.
Factors like increasing application of glass in the construction sector and the rising demand for energy efficient glass production techniques are expected to influence the growth of the global industrial gases market for the glass industry. Technavios reports for the industrial gases industry cover a wide range of product and service markets including specialty chemicals. In addition to giving critical information on various factors such as the budding consumerism, the market drivers, and challenges that will restrain the growth of vendors, Technavios reports also offer detailed knowledge of the chief vendors, their products and services, and the ever-changing landscape of the chemicals and materials industry.
Our team of industry analysts follow a complete research approach of primary and secondary research techniques and carry out an in-depth analysis of many factors, including technological expansion and the demand-supply shifts for a range of products and services globally. To help clients frame new market entry strategies, our upcoming industry research report on the global industrial gases market for glass industry market for the period of 2017 to 2021 offers in-depth insights based on the data from dependable sources of market intelligence such as producers, suppliers, regulatory bodies, and decision makers. Technavio also provides customized reports that cater to the specific category requirements of several clients, with an aim to help vendors and players substantiate their presence in the chemicals and materials industry.
This upcoming industry research report on the global industrial gases market for glass industry considers the growth of related markets such as acetylene gas, which is expected to grow at a CAGR of close to 3% by 2021. The upcoming industry research report on the global industrial gases market for glass industry also identifies the key drivers, trends, and the key challenges faced by the industry and also offers vital insights into the olefins.
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