According to a recent report by Market Watch, the global Glass Lined Reactor market is anticipated to reach USD 741.6 million mark by the end of 2026. The market is driven by many end-user industries such as Pharmaceutical, Chemical, and Dyes etc. As the downstream consumption is usually followed by developed and rapid economic growth areas such as BRICS, the companies in the developed areas prefer investing in the underdevelopment regions.
Talking about the glass-lined equipment market growth in India, Tarak Patel, Managing Director of GMM Pfaudler explains, “Today, Indian companies are not only building world-class facilities, but are also using high-quality & world-class equipment as they do not want to compromise on the quality of their products. We have observed a lot of investments over the last couple of years in the chemical & pharmaceutical industries.
Over the last 2-3 years, our growth has been primarily driven by the agrochemical and specialty chemical industries. Moreover, what we have seen during the pandemic is that there is resurgence in pharma, and with the PLI schemes launched by the Indian government, we believe that the pharmaceutical industry will see good investments over the next few years.”
As a market leader in the glass-lined equipment segment, GMM Pfaudler caters to the requirements of Pharmaceuticals, specialty chemicals, and agrochemicals industries in the glass-lined equipment space. GMM offers high-quality & world-class glass-lined ‘Glasteel®’
equipment that is the long recognized standard in the chemical process industries and engineered and built as per ASME Code Section VIII Div.1. The company also offers European design codes such as AD Merkblatter, Stoomwezen under the PED, on request.
The company is ahead of the other players not only in terms of technology, expertise, and quality, but is also the highest in terms of manufacturing capacity. GMM Pfaudler offers quick delivery and has clients present across the world.
The first choice in chemical processing equipment
“Quality is one of the most significant factors when it comes to glass-lined equipment since quality directly relates to the life of the equipment. While glass-lined equipment is very critical to chemical plants, small damage or failure to the glass lining means the entire plant shuts down. Therefore, companies are focussed on building quality conscious factories as they are not ready to take risks or compromise on the quality of the glass-lined equipment,” says Tarak Patel.
GMM Pfaudler provides the equipment for industries which are required to have the high class and perfect equipments for their products.
“We are the first choice of our clients when it comes to chemical processing equipment, especially in the glass-lined equipment segment, owing to the quality products we offer,” he adds.
The Journey
Established in 1962 as Gujarat Machinery Manufacturers, GMM is a well-established company with a market share of more than 50 percent in the Glass Line equipment market. With more than five decades of manufacturing experience, GMM Pfaudler is one of the leading suppliers of Glass Lined Equipment and non-glass-lined equipment mainly for pharmaceutical and agrochemical companies. The company has three state-of-the-art manufacturing facilities located at Karamsad (Gujarat), Hyderabad (Telangana) and Ahmedabad (Gujarat). Its product portfolio includes mixing systems, Heavy engineering, filtration & drying equipment and engineered systems.
On 16th February 2021, GMM Pfaudler completed the acquisition of a majority stake in the global business of Pfaudler Group. The company is now the world leader in corrosion-resistance technologies, systems, and services.
“We now operate in eight countries, with 12 manufacturing facilities located across four continents and employ more than 1500 people across the globe. We believe that the next few years will be transformational for the company both in terms of growth and profitability,” concludes Tarak Patel.
