Global Glass Line Equipment Market (2022 Edition) – Analysis By Equipment Type, Glass Material Type, End User, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2022-2027)
Executive Summary
Glass-Lined Equipment is a corrosion-resistant material used in varying processes of operation from the production of pharmaceuticals to speciality chemicals and polymers. With the rapid spread of the coronavirus, the healthcare and pharmaceutical industries are at the forefront of combating COVID-19. There is a rise in the production of all the critical medical devices required to cure COVID patients. The global Glass Line Equipment market, valued at USD 920 million in the year 2021, plays an important role in the manufacturing of different types of medical products, and several key industry players have grabbed the opportunity to fight against the deadly coronavirus pandemic.
Among Equipment Types, the Glass Line Reactor segment is expected to hold the largest share in Glass Line Equipment Market in the year 2021. This is because the demand for glass reactors will rise amid the expansion of the chemical and industrial sectors.
Among Glass materials, the Pharma Glass segment is expected to hold the largest share in Glass Line Equipment Market in the year 2021. It possesses exceptional chemical stability and high heat resistance to thermal shock and sudden temperature change.
The major driving factors for the market growth are the increased use of these filters in the pharmaceutical and chemical industries and the growing demand from the food & beverage industry. Expansion of the manufacturing sector in the Asia Pacific region is the key factor which drives the market for Glass Line Equipment.
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