Borosilicate Glass Market Growth Factors, Key Players and Forecasts
23 May 2019, Global borosilicate
glass market is anticipated to witness an exponential growth in the
forecast period. Borosilicate glass implies a type of glass with the main
glass-forming components of boron and silica trioxide. Borosilicate glasses are
known for having very low coefficients of thermal extension, thereby rendering
them resistant to thermal shock, more than any other common glass.
The factors that propel the growth of the borosilicate glass market
include increasing demand from laboratory apparatus and solar energy tubes
industry, development of solar power industry, increasing usage of borosilicate
glass in various applications, surge in disposable income, and increase in
number of sunlight-based undertakings in developing economies.
Get Sample Copy of this Report @
On the other hand, there are factors that may hamper the
growth of the market including availability of substitute like plastic
apparatus and high cost. The market is anticipated to expand at a significant
CAGR in the upcoming period as the scope, product types, and its applications
are increasing across the globe.
Borosilicate glass market could be explored by product
type, application, end user, distribution channel and geography. Market could
be explored by product type as High Borosilicate Glass and Medium Borosilicate
Glass. The key applications that could be explored in the market include
Sealing Glasses, Display Screens, Glass Microspheres, Cosmetic Containers,
Lighting Glass, Heat Resistant Glass Panels, Solar Glass, Neutral Glasses and
the other Specialty Glasses.
 |
| Borosilicate Glass Market |
Based on end user, market could span Pharmaceutical
packaging material, chemical industry, oil and gas, Solar panels, house hold
cookware, heat resistant glass panels, Laboratory glassware and other. The
market could be explored based on distribution channel as offline and online
channel. The “Offline channel” segment led the borosilicate glass market in
2017 and will continue to lead in the forecast period.
Europe accounted for the major share of the market in
2017 and will continue to lead in the forecast period. The factors attributed
to the growth include presence of key manufacturers in the region and high
demand. Europe is followed by North American region.
Some of the key players that fuel the growth of the
borosilicate glass industry comprise Gerresheimer, SCHOTT, Corning, NEG,
Kavalier, Borosil Glass Works, REFMEX GL, Noble Glass Works, Asahi Glass,
SCHOTT, China, Shandong Linuo, JiangSu Yuan Sheng, Gerresheimer-Shuangfeng,
Jialong High-tech, Beijing Branch Hiromi Glass, Four Star Glass, DOCOME,
Jiaxing Fulin light technology, Shandong Yaohui Solar, Huazhong Xinhai Glass
Work and Shanghai Yaohua Pilkington. The leading companies are taking up
partnerships, mergers and acquisitions, and joint ventures in order to boost
the inorganic growth of the industry.
Browse
Related Category Market Reports @ https://www.millioninsights.com/industry/glass
Comments
Post a Comment