“Growing construction and automotive industries to drive the market for industrial gases in the glass industry”
The global market for industrial gases in the glass industry is projected to grow from USD 2,572.9 million in 2015 to reach USD 3,490.8 million by 2020, at an estimated CAGR of 6.29%. The market for industrial gases in the glass industry is driven by growing glass packaging industry.
“Oxygen projected to grow during the forecast period”
Oxygen is projected to be the fastest-growing industrial gas in the glass industry in the next five years. Due to the growing consumption of glass and the consequent oxy-fuel furnace method of glass production, oxygen is projected to be the fastest-growing industrial gas in the glass industry.
The various suppliers of industrial gases in the glass industry profiled in the report are:
1. Air Products & Chemicals, Inc. (U.S.)
2. The Linde Group (Germany)
3. Praxair, Inc. (U.S.)
4. Taiyo Nippon Sanso Corporation (Japan)
5. Air Liquide SA (France)
6. Gulf Cryo (Bahrain)
7. HyGear (Netherlands)
8. Taiyo Nippon Sanso Corporation (Japan)
9. SIG Gases Berhad (Malaysia)
10. Messer Group GmbH (Germany)
