Dominant players to acquire smaller vendors to eliminate threat of rivalry.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global industrial gases market for glass industry in their latest research report. This report also lists five other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global industrial gases market for glass industry is consolidated due to the presence of many vendors. The market is controlled by the dominant vendors of industrial gases. Growing industrialization in developing regions has stimulated the entry and growth of domestic vendors, with a majority of them being concentrated around the APAC region. Vendors in the market space compete based on customer-centrism, price, quality and performance, and innovation.
According to Ajay Adikhari, a lead analyst at Technavio for research on industrial gases, “The large players in the market are keenly focusing on M&As to shield themselves from the threat of rivalry. Although small and medium-scale vendors are coming up with innovative capabilities, the prominent players are expected to have a strong foothold.”
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Top five vendors in the industrial gases for the glass industry market space:
Air Liquide
Air Liquide supplies oxygen, nitrogen, argon, hydrogen, helium, and specialty gases through supply systems, such as pipelines, tankers, cylinders, on-site plants, and other specialized modes. It has a presence in 80 countries and serves over 2 billion customers and patients.
Key products: ALPHAGAZ, Scott, and ARCAL.
Air Products and Chemicals
Air Products and Chemicals manufactures process gases and atmospheric gases, along with auxiliary equipment. It offers these products mainly to petrochemical refining, metals, electronics, and food and beverage sectors. The company also supplies liquefied natural gas process technology and related equipment. It also has a performance materials business segment that caters to the polyurethane, cleaning, coatings, and adhesives sectors.
Key products: Oxygen, nitrogen, argon, helium, and hydrogen.
Linde Group
Linde Group is an engineering and gases company that supplies industrial, process, and specialty gases. The company serves food and beverage, chemistry and energy, electronics, healthcare, and manufacturing industries. The company offers various industrial gas products for different end-user industries.
Key products: CARBOFLAM and HYDROPOX.
Messer Group
Messer Group supplies hydrogen, oxygen, nitrogen, carbon dioxide, argon, helium, special gases, gases for medicinal use, inert welding gases, and a wide variety of gas mixtures. It operates as a subsidiary of Messer Industries.
Key products: Acetylene, argon, carbon dioxide, oxygen, nitrogen, and hydrogen.
Praxair
Praxair offers atmospheric and specialty gases and high-performance surface coatings. It serves key end markets, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, and primary metals.
Key products: Dilute oxygen combustion (DOC)-wide flame burner, DOC-JL burner, and DOC-Forehearth burner with oxyfuel technology.
A more detailed analysis is available in the Technavio report, Global Industrial Gases Market for Glass Industry 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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