글라스 라이닝 장비 시장 : 성장, 전망, 경쟁 분석(2023-2031년)

The glass lined equipment market represents a significant niche in the equipment industry, marrying the robustness of metal structures with the chemical resistance and purity of glass. These unique pieces of equipment have been indispensable in industries where processes involve corrosive or pure substances. In 2022, the market observed a substantial climb, responding to the escalating demand from diverse sectors, mainly driven by the need for equipment that can withstand highly reactive substances while maintaining product purity. As we project into the 2023-2031 period, the market shows promise of continued growth, leveraging on emerging needs and evolving industrial landscapes.Glass lined equipment market is estimated to grow at a CAGR of 10% from 2023 to 2031.

Demand Surge due to Chemical Resistance Properties

Glass lined equipment stood out due to its unparalleled chemical resistance. Industries, especially pharmaceuticals and chemicals, have processes that require handling of corrosive materials. Standard metal containers and reactors, when exposed to these substances, undergo degradation over time, causing contamination and equipment failure. The introduction of glass lining brought about a revolution, offering extended equipment life and reduced maintenance costs. In 2022, numerous case studies from major pharmaceutical companies highlighted instances where glass lined reactors outperformed their stainless-steel counterparts in long-term use.

Purity Maintenance for Critical Processes

Ensuring substance purity is of paramount importance, especially in the pharmaceutical and food & beverage sectors. The non-reactive nature of glass lining ensures that there is no metal leaching or unwanted reactions that could compromise the quality of the substance inside. For instance, in a white paper published by a renowned food processing company in 2022, it was demonstrated how glass lined storage tanks preserved the flavor and freshness of certain beverages, as opposed to metal tanks where reactions often caused flavor changes.

Cost-Effective in the Long Run

Although the initial investment in glass lined equipment may be comparatively higher, the long-term returns are more profitable. Reduced maintenance, fewer replacements due to corrosion, and minimized contamination risks mean operations can run longer without interruptions. In 2022, a report from a chemical manufacturing consortium detailed how investing in glass lined reactors reduced their operational downtime by a substantial margin over a five-year period.

Initial Investment and Fragility Concerns

One of the setbacks faced in 2022 was the hesitance among some industries, especially smaller entities, in adopting glass lined equipment. This was largely due to the initial cost of investment. Moreover, while glass lined equipment offers resistance to chemicals, they are more prone to mechanical damage, making them susceptible to breakages if not handled with utmost care. An incident in a European chemical plant in 2022 highlighted the vulnerabilities of glass lined agitators when subjected to mechanical shocks.

Reactors as the revenue giants

Peeling back the layers, the market segmentation by product saw Reactors, Agitators, Heat Exchangers, Storage, and others as its principal categories. 2022 celebrated the Reactors as the revenue giants, primarily because of their wide usage in large-scale manufacturing processes across various sectors. Their significance in maintaining reaction environment purity made them the preferred choice. However, as we cast our eyes from 2023 to 2031, Heat Exchangers are anticipated to display the highest CAGR. The increased demand for efficient heat transfer mechanisms that resist corrosive environments in industries like pharmaceuticals and chemicals are pushing this growth.

Pharmaceutical Sector Dominated the Market by End-Use

Segmenting the market by end-use reveals Pharmaceuticals, Chemicals, Agriculture, Food & Beverage, and others. The pharmaceutical sector dominated in 2022, with glass lined equipment becoming standard for drug synthesis and processing. Their ability to handle reactive substances without compromising drug purity was the driving force. Yet, from 2023 to 2031, the Food & Beverage segment is expected to showcase the most significant growth, as companies emphasize on ensuring flavor and nutritional value preservation.

Geographic Segment

In 2022, the European region commanded the highest revenue, with its robust pharmaceutical and chemical manufacturing sectors. However, between 2023 and 2031, the Asia-Pacific region, led by China and India's burgeoning industrial sectors, is predicted to display the highest CAGR, while North America is expected to maintain a steady growth, buoyed by its advanced manufacturing landscape.

Competitive Trends, Top Players, and Key Strategies

In 2022, market was somewhat dominated by key players like Gmm Pfaudler, Buchiglasuster, Sgt Glass-Lined Equipment Co., Ltd, Hle Glascoat, Thaletec, 3v Tech S.P.A., Standard Group Of Companies Ltd, Zibo Taiji Industrial Enamel Co., Ltd, Jiangsu Yangyang Chemical Equipments Manufacture Co., Ltd, Sachin Industries Ltd. These giants thrived on innovation, technological integration, and service quality. Their strategies majorly revolved around acquisition of smaller, specialized firms, intensive R&D, and tapping into emerging markets. As we navigate the waters from 2023 to 2031, the industry is expected to witness a surge in collaborations and partnerships, with companies vying for technological edge and market penetration.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofGlass Lined Equipment market are as follows:

• Research and development budgets of manufacturers and government spending

• Revenues of key companies in the market segment

• Number of end users and consumption volume, price and value.

Geographical revenues generate by countries considered in the report:

Micro and macro environment factors that are currently influencing the Glass Lined Equipment market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Product

• Reactors

• Agitators

• Heat Exchangers

• Storage Tanks

• Others

End-Use

• Pharmaceuticals

• Chemicals

• Agriculture

• Food & Beverage

• Others

Region Segment (2021-2031; US$ Million)

• North America

• U.S.

• Canada

• Rest of North America

• UK and European Union

• UK

• Germany

• Spain

• Italy

• France

• Rest of Europe

• Asia Pacific

• China

• Japan

• India

• Australia

• South Korea

• Rest of Asia Pacific

• Latin America

• Brazil

• Mexico

• Rest of Latin America

• Middle East and Africa

• GCC

• Africa

• Rest of Middle East and Africa

Key questions answered in this report:

• What are the key micro and macro environmental factors that are impacting the growth of Glass Lined Equipment market?

• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?

• Estimated forecast and market projections up to 2031.

• Which segment accounts for the fastest CAGR during the forecast period?

• Which market segment holds a larger market share and why?

• Are low and middle-income economies investing in the Glass Lined Equipment market?

• Which is the largest regional market for Glass Lined Equipment market?

• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

• Which are the key trends driving Glass Lined Equipment market growth?

• Who are the key competitors and what are their key strategies to enhance their market presence in the Glass Lined Equipment market worldwide?

Table of Contents

1. Preface

• 1.1. Report Description
  • 1.1.1. Purpose of the Report
  • 1.1.2. Target Audience
  • 1.1.3. Key Offerings
• 1.2. Market Segmentation
• 1.3. Research Methodology
  • 1.3.1. Phase I - Secondary Research
  • 1.3.2. Phase II - Primary Research
  • 1.3.3. Phase III - Expert Panel Review
  • 1.3.4. Assumptions
  • 1.3.5. Approach Adopted

2. Executive Summary

• 2.1. Market Snapshot: Global Glass Lined Equipment Market
• 2.2. Global Glass Lined Equipment Market, By Product, 2022 (US$ Million)
• 2.3. Global Glass Lined Equipment Market, By End-Use, 2022 (US$ Million)
• 2.4. Global Glass Lined Equipment Market, By Geography, 2022 (US$ Million)
• 2.5. Attractive Investment Proposition by Geography, 2022

3. Glass Lined Equipment Market: Competitive Analysis

• 3.1. Market Positioning of Key Glass Lined Equipment Market Vendors
• 3.2. Strategies Adopted by Glass Lined Equipment Market Vendors
• 3.3. Key Industry Strategies
• 3.4. Tier Analysis 2022 Versus 2031

4. Glass Lined Equipment Market: Macro Analysis & Market Dynamics

• 4.1. Introduction
• 4.2. Global Glass Lined Equipment Market Value, 2021 - 2031, (US$ Million)
• 4.3. Market Dynamics
  • 4.3.1. Market Drivers
  • 4.3.2. Market Restraints
  • 4.3.3. Key Challenges
  • 4.3.4. Key Opportunities
• 4.4. Impact Analysis of Drivers and Restraints
• 4.5. See-Saw Analysis

5. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)

• 5.1. Market Overview
• 5.2. Growth & Revenue Analysis: 2022 Versus 2031
• 5.3. Market Segmentation
  • 5.3.1. Reactors
  • 5.3.2. Agitators
  • 5.3.3. Heat Exchangers
  • 5.3.4. Storage Tanks
  • 5.3.5. Others

6. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)

• 6.1. Market Overview
• 6.2. Growth & Revenue Analysis: 2022 Versus 2031
• 6.3. Market Segmentation
  • 6.3.1. Pharmaceuticals
  • 6.3.2. Chemicals
  • 6.3.3. Agriculture
  • 6.3.4. Food & Beverage
  • 6.3.5. Others

7. North America Glass Lined Equipment Market, 2021-2031, USD (Million)

• 7.1. Market Overview
• 7.2. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
• 7.3. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
• 7.4.Glass Lined Equipment Market: By Region, 2021-2031, USD (Million)
  • 7.4.1.North America
    • 7.4.1.1. U.S.
      • 7.4.1.1.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 7.4.1.1.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 7.4.1.2. Canada
      • 7.4.1.2.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 7.4.1.2.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 7.4.1.3. Rest of North America
      • 7.4.1.3.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 7.4.1.3.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)

8. UK and European Union Glass Lined Equipment Market, 2021-2031, USD (Million)

• 8.1. Market Overview
• 8.2. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
• 8.3. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
• 8.4.Glass Lined Equipment Market: By Region, 2021-2031, USD (Million)
  • 8.4.1.UK and European Union
    • 8.4.1.1. UK
      • 8.4.1.1.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 8.4.1.1.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 8.4.1.2. Germany
      • 8.4.1.2.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 8.4.1.2.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 8.4.1.3. Spain
      • 8.4.1.3.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 8.4.1.3.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 8.4.1.4. Italy
      • 8.4.1.4.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 8.4.1.4.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 8.4.1.5. France
      • 8.4.1.5.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 8.4.1.5.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 8.4.1.6. Rest of Europe
      • 8.4.1.6.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 8.4.1.6.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)

9. Asia Pacific Glass Lined Equipment Market, 2021-2031, USD (Million)

• 9.1. Market Overview
• 9.2. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
• 9.3. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
• 9.4.Glass Lined Equipment Market: By Region, 2021-2031, USD (Million)
  • 9.4.1.Asia Pacific
    • 9.4.1.1. China
      • 9.4.1.1.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 9.4.1.1.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 9.4.1.2. Japan
      • 9.4.1.2.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 9.4.1.2.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 9.4.1.3. India
      • 9.4.1.3.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 9.4.1.3.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 9.4.1.4. Australia
      • 9.4.1.4.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 9.4.1.4.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 9.4.1.5. South Korea
      • 9.4.1.5.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 9.4.1.5.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 9.4.1.6. Rest of Asia Pacific
      • 9.4.1.6.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 9.4.1.6.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)

10. Latin America Glass Lined Equipment Market, 2021-2031, USD (Million)

• 10.1. Market Overview
• 10.2. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
• 10.3. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
• 10.4.Glass Lined Equipment Market: By Region, 2021-2031, USD (Million)
  • 10.4.1.Latin America
    • 10.4.1.1. Brazil
      • 10.4.1.1.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 10.4.1.1.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 10.4.1.2. Mexico
      • 10.4.1.2.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 10.4.1.2.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 10.4.1.3. Rest of Latin America
      • 10.4.1.3.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 10.4.1.3.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)

11. Middle East and Africa Glass Lined Equipment Market, 2021-2031, USD (Million)

• 11.1. Market Overview
• 11.2. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
• 11.3. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
• 11.4.Glass Lined Equipment Market: By Region, 2021-2031, USD (Million)
  • 11.4.1.Middle East and Africa
    • 11.4.1.1. GCC
      • 11.4.1.1.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 11.4.1.1.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 11.4.1.2. Africa
      • 11.4.1.2.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 11.4.1.2.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)
    • 11.4.1.3. Rest of Middle East and Africa
      • 11.4.1.3.1. Glass Lined Equipment Market: By Product, 2021-2031, USD (Million)
      • 11.4.1.3.2. Glass Lined Equipment Market: By End-Use, 2021-2031, USD (Million)

12. Company Profile

• 12.1. Gmm Pfaudler
  • 12.1.1. Company Overview
  • 12.1.2. Financial Performance
  • 12.1.3. Product Portfolio
  • 12.1.4. Strategic Initiatives
• 12.2. Buchiglasuster
  • 12.2.1. Company Overview
  • 12.2.2. Financial Performance
  • 12.2.3. Product Portfolio
  • 12.2.4. Strategic Initiatives
• 12.3. Sgt Glass-Lined Equipment Co., Ltd
  • 12.3.1. Company Overview
  • 12.3.2. Financial Performance
  • 12.3.3. Product Portfolio
  • 12.3.4. Strategic Initiatives
• 12.4. Hle Glascoat
  • 12.4.1. Company Overview
  • 12.4.2. Financial Performance
  • 12.4.3. Product Portfolio
  • 12.4.4. Strategic Initiatives
• 12.5. Thaletec
  • 12.5.1. Company Overview
  • 12.5.2. Financial Performance
  • 12.5.3. Product Portfolio
  • 12.5.4. Strategic Initiatives
• 12.6. 3v Tech S.P.A.
  • 12.6.1. Company Overview
  • 12.6.2. Financial Performance
  • 12.6.3. Product Portfolio
  • 12.6.4. Strategic Initiatives
• 12.7. Standard Group Of Companies Ltd
  • 12.7.1. Company Overview
  • 12.7.2. Financial Performance
  • 12.7.3. Product Portfolio
  • 12.7.4. Strategic Initiatives
• 12.8. Zibo Taiji Industrial Enamel Co., Ltd
  • 12.8.1. Company Overview
  • 12.8.2. Financial Performance
  • 12.8.3. Product Portfolio
  • 12.8.4. Strategic Initiatives
• 12.9. Jiangsu Yangyang Chemical Equipments Manufacture Co., Ltd
  • 12.9.1. Company Overview
  • 12.9.2. Financial Performance
  • 12.9.3. Product Portfolio
  • 12.9.4. Strategic Initiatives
• 12.10. Sachin Industries Ltd.
  • 12.10.1. Company Overview
  • 12.10.2. Financial Performance
  • 12.10.3. Product Portfolio
  • 12.10.4. Strategic Initiatives
• 12.11. Other Notable Players
  • 12.11.1. Company Overview
  • 12.11.2. Financial Performance
  • 12.11.3. Product Portfolio
  • 12.11.4. Strategic Initiatives