Press release
Industrial Gases Glass Market Set to Reach USD 1.3 Billion by 2034, Driven by Construction Growth and Technological Innovation
Industrial Gases Glass Market
This growth is being driven largely by rapid urbanization and expanding infrastructure projects across emerging economies, particularly in Asia Pacific and the Middle East & Africa. These regions are witnessing a surge in large-scale construction developments, which in turn are boosting demand for flat glass-a key end-use segment for industrial gases. The global construction industry is projected to grow at an annual rate of 4.5%, directly supporting the use of industrial gases in various glass production processes.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/13765
In terms of market volume, production of industrial gases is expected to increase from 1.5 million tons in 2024 to 2.3 million tons by 2034. Although the growth in volume reflects a moderate CAGR of 4.5%, the market's higher value CAGR indicates a move toward higher-value gas products and more efficient production methods. Asia Pacific leads in both volume and growth rate, thanks to government-backed infrastructure projects and innovations in glass processing technology.
Price trends in the Industrial Gases Glass Market have been influenced by a combination of rising energy costs, feedstock availability, and regional policies. In Q1 2024, average spot prices for industrial gases increased by 7%, according to industry data from ICIS. While Asia Pacific benefits from local production advantages and subsidies, Europe faces elevated prices due to strict environmental regulations and higher energy expenditures. Additionally, companies are increasingly adopting AI-based dynamic pricing systems to optimize their margins. These systems have shown early success, with some businesses reporting up to a 3% increase in average selling prices and a 2% improvement in profitability.
Key drivers of the market include the growing demand for flat glass, which is essential for energy-efficient buildings and smart city projects. Flat glass consumption is increasing by about 5% annually, with strong momentum in sectors such as residential construction, commercial real estate, and automotive manufacturing. Technological improvements in glass manufacturing-such as new coating methods and automated production systems-are further enhancing product quality and reducing production costs. Major companies, including Air Products and Chemicals Inc., are actively investing in research and development to lead innovation in this space.
Despite the positive outlook, the market faces notable challenges. The high cost of production-driven by energy usage and raw materials-poses a significant hurdle for manufacturers. Environmental regulations also present a major challenge, especially in Europe and North America. For instance, the European Union's Emission Trading System (ETS) requires companies to purchase carbon credits, which has increased production costs by approximately 10%. Meeting these environmental standards often requires additional investment in cleaner technologies, adding to operational costs and complexity.
Nonetheless, ongoing investments and strategic developments are reshaping the market. Companies like Air Liquide are expanding their focus on green hydrogen technologies, while Linde PLC is increasing its production footprint with new facilities, such as the one recently launched in China. These initiatives reflect a broader trend toward sustainable practices and long-term value creation.
click on the link below: https://www.reportsanddata.com/report-detail/industrial-gases-glass-market
Industrial Gases Glass Competitive Strategies & Notable Developments
Part 1: Top 10 Companies
Linde PLC
Air Liquide
Air Products and Chemicals Inc.
Praxair Inc.
Messer Group
Taiyo Nippon Sanso Corporation
Gulf Cryo
SOL Group
Iwatani Corporation
Matheson Tri-Gas
Industrial Gases Glass Market Segmentation
By Product Type
Oxygen
Nitrogen
Hydrogen
Argon
Others
By Application
Flat Glass Production
Container Glass Production
Specialty Glass Production
Others
By End User
Construction Industry
Automotive Industry
Electronics Industry
Others
By Technology
Air Separation
Pressure Swing Adsorption
Membrane Separation
By Distribution Channel
Direct Sales
Distributors
Related Reports
Gas Syringes Market https://www.reportsanddata.com/report-detail/gas-syringes-market
Analytical Syringes Market https://www.reportsanddata.com/report-detail/analytical-syringes-market
Intelligent Antipyretic Instruments Market https://www.reportsanddata.com/report-detail/intelligent-antipyretic-instruments-market
Rubber Syringes Market https://www.reportsanddata.com/report-detail/rubber-syringes-market
Femoral Intramedullary Nails Market https://www.reportsanddata.com/report-detail/femoral-intramedullary-nails-market
Mucus Clearance Instrument Market https://www.reportsanddata.com/report-detail/mucus-clearance-instrument-market
Contact Us:
John W
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industrial Gases Glass Market Set to Reach USD 1.3 Billion by 2034, Driven by Construction Growth and Technological Innovation here
News-ID: 4103118 • Views: …
More Releases from Reports and Data
U.S. Electric Vehicle Charging Infrastructure Market Surges Toward $56.73 Billio …
The U.S. Electric Vehicle (EV) Charging Infrastructure Market reached a value of USD 5.48 billion in 2024 and is projected to surge to USD 56.73 billion by 2034, fueled by a robust CAGR of 26.1% over the period. This unprecedented growth underscores the sector's central role in decarbonizing transportation and meeting the soaring demands of electric mobility.
Market Drivers
Federal & State Policies: Major initiatives, including the Bipartisan Infrastructure Law and significant…
Automotive Refurbished Turbochargers Market to Reach USD 1.7 Billion by 2034, Dr …
The global Automotive Refurbished Turbochargers Market is set to grow from USD 0.9 billion in 2024 to USD 1.7 billion by 2034, recording a steady compound annual growth rate (CAGR) of 6.00%. This growth is being propelled by rising demand for affordable, fuel-efficient automotive solutions and stricter environmental regulations pushing the need for emission-reducing technologies.
Get Free Sample Report and Related Graphs & Charts @https://www.reportsanddata.com/sample-enquiry-form/19490
Passenger vehicles remain the largest segment of…
Automotive Powertrain Cooling System Market to Reach USD 8.2 Billion by 2034, Dr …
The global Automotive Powertrain Cooling System Market is projected to grow from USD 4.3 billion in 2024 to USD 8.2 billion by 2034, at a CAGR of 6.60%, according to the latest market study. This growth is fueled by the rising demand for fuel-efficient vehicles, increasing electric vehicle (EV) sales, and stricter global emission regulations.
Request a Sample Report with Table of Contents and Figures to click Here: @ https://www.reportsanddata.com/sample-enquiry-form/19489
Electric and…
Automotive Inverter Market to Reach USD 16.9 Billion by 2034 Driven by EV Growth
The global Automotive Inverter Market is on track for strong expansion, with forecasts projecting it will rise from USD 4.8 billion in 2024 to USD 16.9 billion by 2034, marking a compound annual growth rate (CAGR) of 13.2%. This rapid growth is being propelled by the increasing adoption of electric and hybrid vehicles, along with continued innovation in inverter technologies.
Electric vehicles (EVs) are the main driver behind this surge, as…
More Releases for Glass
Depression Glass Market 2023- Industry Revenue and Price | Hazel-Atlas Glass Com …
The Depression Glass market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development…
Auto Glass Market Is Booming Worldwide | Fuyao Glass, Webasto, Xinyi Glass, Asah …
Advance Market Analytics published a new research publication on "Auto Glass Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Auto Glass market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Glass Easy-clean Glass Market 2019| Pilkington Glass, PPG Industries, Ravensby W …
The global market status for Easy-clean Glass is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Easy-clean Glass Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Easy-clean Glass market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and…
Global Ground Glass Market 2017- CSG, XINYI Glass, JINJING Glass, SYP Glass, Yao …
The market research report by QY Research provides detailed study on the overall Ground Glass market size, its financial positions, its unique selling points, key products, and key developments. This research report has segmented the Ground Glass market based on the segments covering all the domains in terms of type, country, region, forecasting revenues, and market share, along with analysis of latest trends in every sub-segment.
CLICK HERE to Request Sample…
Global Ground Glass Sales Market 2017 - XINYI Glass, JINJING Glass, SYP Glass, Y …
The study Global Ground Glass Sales Industry 2017 is a detailed report scrutinizing statistical data related to the Global Ground Glass Sales industry. Historical data available in the report elaborates on the development of the Ground Glass Sales market on a Global and national level. The report compares this data with the current state of the market and thus elaborates upon the trends that have brought the market shifts.
Download Sample…
Energy Saving Glass Market 2017 - Saint Gobain, AGC Glass, Guardian Glass, Sisec …
A market study based on the ""Energy Saving Glass Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Energy Saving Glass Market 2017’. The research report analyzes the historical as well as present performance of the global Energy Saving Glass market, and makes predictions on the future status of Energy Saving Glass market on the basis of this analysis.
Get Free Sample Copy of Report…
