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Glass Lined Equipment Market, By Equipment Type, By Application, By Distribution, By Capacity, By End User, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
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±Û¶ó½º ¶óÀÌ´× Àåºñ ½ÃÀåÀÇ ÁÖ¿ä ±â¾÷À¸·Î´Â Pfaudler International, De Dietrich Process Systems, THALETEC GmbH, 3V Tech SpA, Sigma Scientific Glass Pvt. Ltd. µîÀÌ ÀÖ½À´Ï´Ù. ±â¾÷Àº ±Û¶ó½º ¶óÀÌ´× ÀåºñÀÇ ³»±¸¼º, È¿À²¼º ¹× ¼º´ÉÀ» Çâ»ó½Ã۱â À§ÇØ R&D¿¡ ÅõÀÚÇϰí ÀÖ½À´Ï´Ù. ºÎ½Ä ¹æÁö Àç·á¿Í Á¦Á¶ °øÁ¤ÀÇ Çõ½ÅÀÌ Áß¿äÇÕ´Ï´Ù. ½ÅÈï ½ÃÀå ¼ö¿ä Áõ°¡¿¡ ´ëÀÀÇϱâ À§ÇØ °¢»ç´Â Àμö, Á¦ÈÞ, Á¦Á¶½Ã¼³ÀÇ ½Å¼³À» ÅëÇØ Áö¸®Àû Á¸À縦 È®´ëÇϰí ÀÖ½À´Ï´Ù. Zibo Taiji Industrial Enamel Co., Ltd.´Â ¿¬±¸ °³¹ß ¹× ±â¼ú Çõ½Å¿¡ ÁÖ·ÂÇÏ´Â Áß±¹ÀÇ ¼±µµ ±â¾÷ÀÔ´Ï´Ù. °ß°íÇÑ Á¦Á¶ ´É·ÂÀ» °¡Áö°í ÀÖ½À´Ï´Ù. Buchiglas´Â ƯÈ÷ Á¦¾à ¹× È­ÇÐ ÇÏÀÌ ÃÖÁ¾ ¿ëµµÀÇ À¯¸® ¹× ±Û¶ó½º ¶óÀÌ´× ¹ÝÀÀ±â¸¦ Àü¹®À¸·ÎÇÕ´Ï´Ù. Jiangsu Gongtang Chemical Equipments Co., Ltd.´Â Áß±¹ ½ÃÀå¿¡¼­ °­ÇÑ Á¸Àç°¨À» ³ªÅ¸³»¸ç ºñ¿ë È¿À²ÀûÀ̰í ǰÁúÀÌ ³ôÀº ±Û¶ó½º ¶óÀÌ´× Àåºñ·Î ¾Ë·ÁÁ® ÀÖ½À´Ï´Ù.

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REPORT HIGHLIGHT

Glass Lined Equipment Market size was valued at USD 2,709.09 million in 2023, expanding at a CAGR of 10.90% from 2024 to 2032.

The expansion of pharmaceutical and chemical sectors globally, particularly in emerging markets, drives demand for glass-lined equipment due to their high resistance to corrosion and contamination. Moreover, regulatory bodies enforcing strict standards for purity and safety in manufacturing processes, particularly in the pharmaceutical industry, propel the need for glass-lined equipment that meets these high standards. The presence of alternative materials such as stainless steel, which might be preferred due to lower costs or easier maintenance, can limit the market growth. Furthermore, as industries seek more sustainable and long-lasting solutions, glass-lined equipment, known for its longevity and environmental benefits, can see increased adoption.

Glass Lined Equipment Market- Market Dynamics

Expansion of pharmaceutical and chemical sectors globally

The global pharmaceutical industry has been experiencing robust growth due to increasing healthcare needs, aging populations, and advancements in biotechnology and drug development. Emerging markets, especially in Asia and Latin America, are seeing substantial investments in pharmaceutical manufacturing infrastructure. The adoption of new technologies in manufacturing processes has led to more efficient and higher-quality production methods. This includes the use of sophisticated materials and equipment that can withstand harsh chemical environments and high temperatures, which is where glass-lined equipment becomes crucial. Glass-lined equipment, with its superior corrosion resistance, ability to maintain product purity, and long-term economic benefits, is increasingly becoming a critical component in these industries.

Glass Lined Equipment Market- Key Insights

As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 10.90% over the forecast period (2024-2032)

Based on equipment type segmentation, Reactors was predicted to show maximum market share in the year 2023

Based on application segmentation, Corrosion Resistance was the leading type in 2023

Based on distribution segmentation, Distributors and Dealers was the leading type in 2023

Based on end-user segmentation, Chemical Industry was the leading type in 2023

Based on region, Asia Pacific was the leading revenue generator in 2023

Glass Lined Equipment Market- Segmentation Analysis:

The Global Glass Lined Equipment Market is segmented on the basis of Equipment Type, Application, Distribution, Capacity, End User, and Region.

The market is divided into six categories based on end-use industry: Chemical Industry, Pharmaceutical Industry, Food & Beverage Industry, Agricultural Industry, Water Treatment, and Others (such as paints & coatings, etc.) The market was headed by the chemicals segment. From crude oil storage tanks to the refining and processing stages in the petrochemical sector, glass-lined agitators are indispensable. To guarantee off-bottom suspension in crude oil storage tanks, the deposition of sludge-a mixture of organic and inorganic materials needs to be stirred. By doing this, the downstream process becomes less challenging and there is less chance of settling in the tank, which could compromise the agitator's efficiency and the tank's capacity.

The market is divided into six categories based on equipment type: Reactors, Storage Tanks, Heat Exchangers, Mixers, Columns, and Others. Product-wise, the glass-lined equipment market was driven by the reactors sector. Reactors are an essential part of production lines in contemporary process plants, and they are used extensively in a variety of industries, including food, pharmaceuticals, light industries, pesticides, food processing, dyes, and scientific research. Glass-lined reactors are employed in the chemical and pharmaceutical sectors because of their chemical compatibility. Glass-lined agitators are becoming more and more in demand due to their critical role in improving mixing efficiency and streamlining chemical processes in a variety of industries, including food processing, chemicals, and pharmaceuticals.

Glass Lined Equipment Market- Geographical Insights

Governments in the Asia Pacific region are investing heavily in infrastructure development, including industrial zones and special economic zones, which provide a boost to the market for glass-lined equipment. For instance, the Indian government has set a target to increase the number of Pradhan Mantri Bhartiya Jan Aushadhi Kendras to 10,500 by March 2025. The product basket of PMBJP comprises 1,451 drugs and 240 surgical instruments. Countries like China, India, and Southeast Asian nations are undergoing rapid industrialization. This drives demand for glass-lined equipment in various industries such as chemicals, pharmaceuticals, and food processing. China and India are major producers of chemicals. The extensive chemical industry in these countries requires robust and reliable equipment, including glass-lined reactors and storage tanks. The growth of biotechnology and life sciences sectors in countries like Japan and South Korea also contributes to the demand.

Glass Lined Equipment Market- Competitive Landscape:

Major players in the Glass Lined Equipment Market include Pfaudler International, De Dietrich Process Systems, THALETEC GmbH, 3V Tech S.p.A, Sigma Scientific Glass Pvt. Ltd., etc. Players are investing in R&D to improve glass-lined equipment durability, efficiency, and performance. Innovations in anti-corrosive materials and manufacturing processes are critical. Companies are expanding their geographical presence through acquisitions, partnerships, and establishing new manufacturing facilities to cater to the growing demand in emerging markets. Zibo Taiji Industrial Enamel Co., Ltd. is a major player in China with a strong focus on R&D and technological innovation. It has a robust manufacturing capacity. Buchiglas specializes in glass and glass-lined reactors, particularly for high-end applications in pharmaceuticals and chemicals. Jiangsu Gongtang Chemical Equipments Co., Ltd. has a strong presence in the Chinese market, known for cost-effective and quality glass-lined equipment.

Recent Developments:

In April 2023, The Union Cabinet, approved the National Medical Devices Policy, which is expected to facilitate the growth of the medical device sector to meet the public health objectives of access, affordability, quality, and innovation.

In May 2020, GMM Pfaudler set up a new facility for glass-lined equipment in Hyderabad. The company has seen a steep increase in the demand for glass-lined equipment over the last 18 months.

In November 2023, AGI Japan invested up to $25 million for a small stake in Standard Glass Lining Tech.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL GLASS-LINED EQUIPMENT MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

Pfaudler International

De Dietrich Process Systems

THALETEC GmbH

Zibo Taiji Industrial Enamel Co., Ltd

3V Tech S.p.A

Buchiglas

Sigma Scientific Glass Pvt. Ltd.

Pfaudler

HLE Glascoat Limited

Others

GLOBAL GLASS LINED EQUIPMENT MARKET, BY EQUIPMENT TYPE- MARKET ANALYSIS, 2019 - 2032

GLOBAL GLASS LINED EQUIPMENT MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032

GLOBAL GLASS LINED EQUIPMENT MARKET, BY DISTRIBUTION- MARKET ANALYSIS, 2019 - 2032

GLOBAL GLASS LINED EQUIPMENT MARKET, BY CAPACITY - MARKET ANALYSIS, 2019 - 2032

GLOBAL GLASS LINED EQUIPMENT MARKET, BY END USER- MARKET ANALYSIS, 2019 - 2032

GLOBAL GLASS LINED EQUIPMENT MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

Table of Contents

1. Glass Lined Equipment Market Overview

2. Executive Summary

3. Glass Lined Equipment Key Market Trends

4. Glass Lined Equipment Industry Study

5. Glass Lined Equipment Market: COVID-19 Impact Analysis

6. Glass Lined Equipment Market Landscape

7. Glass Lined Equipment Market - By Equipment Type

8. Glass Lined Equipment Market - By Application

9. Glass Lined Equipment Market - By Distribution

10. Glass Lined Equipment Market - By Capacity

11. Glass Lined Equipment Market - By End User

12. Glass Lined Equipment Market- By Geography

13. Key Vendor Analysis- Glass Lined Equipment Industry

14. 360 Degree Analyst View

15. Appendix

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