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How Has the Glass Lined Equipment Global Market Report 2025 Market Size Changed, over the years?

The market size for glass lined equipment has seen dramatic growth in recent years. Anticipated to rise from a valuation of $3.87 billion in 2024 to $4.28 billion in 2025, it is expected to exhibit a compound annual growth rate (CAGR) of 10.8%. The growth observed in the historic period can be ascribed to factors like the growing requirement for corrosion-resistant equipment, expansion in the chemical and pharmaceutical sectors, escalating industrialization, increased utilisation of personalized glass-lined equipment, and flourishing emerging economies.

How Much Will the Glass Lined Equipment Global Market Report 2025 Market Be Worth in 2029?

In the coming years, the glass lined equipment market is projected to experience significant expansion. It’s estimated to reach a value of $6.36 billion by 2029, with an annual growth rate of 10.4%. The predicted growth during this period can be ascribed to the enlargement of the pharmaceutical and specialty chemical industries, escalating investments in industrial facilities, the heightened demand for long-lasting, proficient process equipment, an increased spotlight on energy conservation, and a greater priority on process safety and legal compliance. Key market trends anticipated in the forecast period encompass progressions in manufacturing processes, glass-lining technology upgrades, the incorporation of sophisticated monitoring technologies, advancements in material science enhancing durability, and a transition towards sustainable and environmentally-friendly coatings.

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Which is the Largest Company in the Glass Lined Equipment Global Market Report 2025 Market?

Major companies operating in the glass lined equipment market are Corning Incorporated, Alfa Laval AB, Jiangsu Yangyang Chemical Equipment Co. Ltd., Jiangsu Liyang Yunlong Equipment Manufacturing Co. Ltd., GMM Pfaudler Ltd., 3V Tech, Standard Group of Companies Ltd, SACHIN INDUSTRIES LTD, Ablaze Glass Works Pvt. Ltd., Asahi Glassplant Inc., Pioneer Group, DE Dietrich Process Systems, Thaletec GmbH, Standard Glass Lining Technology, HLE Glascoat Limited, Sigma Scientific Glass, Estrella USA, Zibo Taiji Industrial Enamel, Kalaria Auto Forge, Danyang Huida Mould Material Technology Co. Ltd.

What Are the Main Market Drivers in the Glass Lined Equipment Global Market Report 2025 Industry?

The growth of the glass-lined equipment market is set to surge on the back of the expanding pharmaceutical sector. The pharmaceutical industry contributes significantly to the economy by conducting research, development, manufacturing, and distribution of drugs and medications aimed at improving health outcomes and treating various diseases. The sector’s growth is primarily propelled by rising global healthcare requirements, advancements in medical research and technology, and an increase in chronic disease cases. New and efficient treatments, along with innovative therapies developed through advancements in research and technology, continually drive the industry’s growth. Glass-lined equipment plays a vital role in this scenario by ensuring the pharmaceutical production’s quality and safety with its corrosion-resistant capabilities in processing and storage. For instance, the total pharmaceutical production in Europe in June 2024, as reported by the Belgium-based trade association, European Federation of Pharmaceutical Industries and Associations (EFPIA), was $417,300 million (€390,000 million), an increase from $388,141 million (€363,300 million) in 2023. Therefore, the growing demand from the pharmaceutical industries is seen as a key driver for the growth of the glass-lined equipment market. Additionally, the escalating growth of the oil and gas industry is predicted to fuel the expansion of the glass-lined equipment market. The oil and gas sector focuses on the exploration, extraction, refining, transportation, and marketing of oil and natural gas products. The sector’s growth is spurred by increasing energy demands and advancements in extraction technologies, improving resource accessibility. Glass-lined equipment, known for its corrosion-resistant properties, are used for handling corrosive chemicals during refining and petrochemical production processes. For instance, a report by Offshore Energies UK (OEUK), a UK-based trade association, states that domestic gas production in the first half of 2022 rose by 26% compared to the same period in 2021, thereby providing enough energy to heat nearly 3.5 million UK homes for one year. This indicates that the growth within the oil and gas industry is promoting the expansion of the glass-lined equipment market.

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How Is the Glass Lined Equipment Global Market Report 2025 Market Segments Structured?

The glass lined equipment market covered in this report is segmented –

1) By Type: Glass Lined Reactors, Glass Lined Storage Tanks, Glass Lined Heat Exchangers, Glass Lined Columns

2) By Capacity: Small-Scale (Below 500 liters), Medium-Scale (500 To 2000 Liters), Large-Scale (Above 2000 Liters)

3) By Application: Chemical Synthesis, Fermentation Processes, Heat Transfer Applications, Storage And Handling Of Corrosive Substances, Reaction Process Optimization

4) By End-User: Pharmaceuticals, Chemicals, Agriculture, Food And Beverage, Other End-Users

Subsegments:

1) By Glass Lined Reactors: Batch Reactors, Continuous Reactors, Semi-Batch Reactors

2) By Glass Lined Storage Tanks: Vertical Storage Tanks, Horizontal Storage Tanks, Pressure Storage Tanks

3) By Glass Lined Heat Exchangers: Shell And Tube Heat Exchangers, Plate Heat Exchangers, Coil Heat Exchangers

4) By Glass Lined Columns: Distillation Columns, Absorption Columns, Stripping Columns

What Strategic Trends Are Transforming the Glass Lined Equipment Global Market Report 2025 Market?

Leading firms in the glass-lined equipment market are directing their efforts on strategic investments to reinforce technological progress, elevate production capacity, solidifying their international reach, and cater to the escalating demand from pharmaceutical and chemical sectors. These companies are also creating alliances and collaborations to bolster product innovation, ensure adherence to regulations, and cater for the changing market requirements effectively. For instance, in November 2023, Asahi Glassplant Inc., a corporation based in Japan, disclosed a tactical investment plan amounting to 200 Crore INR ($22.9 million) in Standard Glass Lining Technology Limited along with its associated firms. This investment signifies the beginning of a long-lasting business partnership aimed at encouraging collective growth, technological advancements, and global progress in the glass-lined equipment sector. It will also enhance research & development, improve production facilities, incorporate advanced technologies, and broaden market exposure in the glass-lined equipment industry.

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Which Global Regions Offer the Highest Growth in the Glass Lined Equipment Global Market Report 2025 Market?

North America was the largest region in the glass lined equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glass lined equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the glass lined equipment global market report 2025 market, and how is it changing globally?

2. Who are the major companies in the glass lined equipment global market report 2025 market, and how are they performing?

3. What are the key opportunities and risks in the glass lined equipment global market report 2025 market right now?

4. Which products or customer segments are growing the most in the glass lined equipment global market report 2025 market?

5. What factors are helping or slowing down the growth of the glass lined equipment global market report 2025 market?

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