The global industrial gases market for the glass industry is expected to reach USD 3,784.5 million by 2021
Technavio has published a new report on the global industrial gases market for the glass industry from 2017-2021.
According to the latest market study released by Technavio, the global industrial gases market for the glass industry is expected to reach USD 3,784.5 million by 2021, growing at a CAGR of more than 6%.
This research report titled ‘Global Industrial Gases Market for the Glass Industry 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
Industrial gases are widely used in many applications, such as mining, oil and gas, construction, transportation, fabrication, and others. The use of glass in the automotive industry is increasing due to significant growth in vehicle production, stringent safety regulations, changing consumer preferences, and increasing demand for lightweight glass that increases the fuel efficiency of the vehicles. Therefore, rapid industrialization and growing population with advances in the production technology of industrial gases and efficient distribution system are expected to increase the demand for industrial gases in the glass industry.
The top vendors highlighted by Technavio’s research analysts in this report are:
* Air Liquide
* Air products and Chemicals
* Linde Group
* Messer Group
* Praxair