Industrial Gases-Glass Industry Market Growth Outlook Through 2024-2033

Overview and Scope
The industrial gases-glass market refers to industrial gases that are produced and supplied in both gas and liquid form and are transported to customers in cylinders, as bulk liquid, or as pipeline gases. Industrial gas plays a major role in enabling manufacturers to make real savings, enhance production processes, meet increasingly strict emissions regulations and improve glass quality. The industrial gases-glass market is used in a variety of industrial manufacturing processes for producing glass cost-effectively.

Sizing and Forecast
The industrial gases-glass industry market size has grown strongly in recent years. It will grow from $3.83 billion in 2023 to $4.19 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increased glass manufacturing processes, float glass production, inert gas atmospheres, environmental and emission control, melting furnace efficiency.

The industrial gases-glass industry market size is expected to see strong growth in the next few years. It will grow to $5.99 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to sustainable manufacturing practices, specialty glass production, increased glass recycling, global infrastructure development, rising demand for flat glass. Major trends in the forecast period include advanced combustion technologies, cryogenic cooling solution, gas control and monitoring systems, smart technologies in gas delivery systems, collaboration with glass manufacturers.

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Segmentation & Regional Insights
The industrial gases-glass industry market covered in this report is segmented –

1) By Type: Hydrogen, Oxygen, Nitrogen, Argon, Acetylene
2) By Function: Forming and Melting, Atmospheric Control, Finishing/Polishing
3) By Transportation Mode: Cylinder and Packaged Gas Distribution, Merchant Liquid Distribution, Tonnage Distribution
4) By Application: Container Glass, Float Glass, Fiber Glass, Specialty Glass

North America was the largest region in the industrial gases-glass market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial gases-glass industry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing applications of glass in the construction sector are expected to propel the growth of the industrial gases-glass market going forward. The construction sector refers to the industrial branch of manufacturing and trade related to building, repairing, renovating, and maintaining infrastructures. Glass is now being used in the construction sector as an insulation material, structural component, external glazing material, and cladding material. The transmission of up to 80% of natural light, sound insulation, and thermal insulation are the key benefits of utilizing glass in construction. For instance, in February 2023, according to the Office for National Statistics, a UK-based Government department, the yearly construction output of the UK for 2022 saw a rise of 5.6% compared to 2021. This came after an unprecedented growth of 12.8% in 2021. Therefore, the increasing applications of glass in the construction sector are driving the growth of the industrial gases-glass market.

Key Industry Players
Major companies operating in the industrial gases-glass industry market report are Saint-Gobain, The Linde Group, Linde Gas Korea Ltd., Air Liquide SA, Air Products and Chemicals Inc., Showa Denko K.K., Osaka Sanso Co. Ltd., Air Water Inc., Tokai Gas Co. Ltd., CRYOTECH Anlagenbau GMBH, Messer Group GmbH, AMCS Corporation, Matheson Tri-Gas Inc., SOL Group (South Korea), Gulf Cryo Industrial Gases LLC, Welsco Inc., Airgas Inc., HoSt Holding B.V., HyGear Technology, IGC India Ltd., Iwatani Corporation, Kyushu Air Gas Co. Ltd., Nippon Gases Korea Co. Ltd., Praxair Services Inc., SIG Gases Berhad, Taiwan Airgas Co. Ltd., Woomjin Precision Gas Co. Ltd., Yingde Gases Group Company Limited

The industrial gases-glass industry market report table of contents includes:

1. Executive Summary
2. Industrial Gases-Glass Industry Market Characteristics
3. Industrial Gases-Glass Industry Market Trends And Strategies
4. Industrial Gases-Glass Industry Market – Macro Economic Scenario
5. Global Industrial Gases-Glass Industry Market Size and Growth
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32. Global Industrial Gases-Glass Industry Market Competitive Benchmarking
33. Global Industrial Gases-Glass Industry Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Industrial Gases-Glass Industry Market
35. Industrial Gases-Glass Industry Market Future Outlook and Potential Analysis
36. Appendix

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