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.

Market Analysis and Insights: Global Industrial Gases-Glass Market

Due to the COVID-19 pandemic, the global Industrial Gases-Glass market size is estimated to be worth US$ 5038.5 million in 2022 and is forecast to a readjusted size of US$ 6302.1 million by 2028 with a CAGR of 3.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Oxygen accounting for % of the Industrial Gases-Glass global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Container Glass segment is altered to an % CAGR throughout this forecast period.

Global Industrial Gases-Glass key players include Linde Group, Air Liquide, Praxair, Air Products and Chemicals, etc. Global top four manufacturers hold a share about 70%.

Asia-Pacific is the largest market, with a share about 50%, followed by Europe, and North America, both have a share over 45 percent.

In terms of product, Oxygen is the largest segment, with a share over 40%. And in terms of application, the largest application is Container Glass, followed by Float Glass, Specialty Glass, Fibre Glass, etc.

Global Industrial Gases-Glass Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Industrial Gases-Glass Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Oxygen

Nitrogen

Hydrogen

Argon

Helium

Others


Segment by Application


Container Glass

Float Glass

Fibre Glass

Specialty Glass


By Company


Linde Group

Air Liquide

Praxair

Air Products and Chemicals

Taiyo Nippon Sanso

Air Water

Messer

Yingde Gases

Gulf Cryo


Production by Region



North America

Europe

China

Japan

Middle East


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Latin America

Mexico

Brazil

Argentina