Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Borosilicate Glass Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.3% during the review period (2022 to 2027).
Borosilicate glass is witnessing high demand from the electronic and semiconductor industry. Growing consumption of electronic devices with increased disposable incomes across the globe will bolster market share over the analysis period. Moreover, the growing usage of borosilicate glass in cookware and home appliances will drive price trends.
By product type, the non-alkaline-earth borosilicate glass segment accounted for the maximum revenue share in previous year and is estimated the witness major adoption in the coming years. The segmental growth can be attributed to beneficial product traits such as chemical, thermal resistance, excellent light transmission, and surface performance.
Solar industry is the key end-user of borosilicate glass and is set to exhibit maximum growth rate on account of a rise in the number of solar power projects, primarily across emerging economies like China and India. The production features enhanced mechanical, optical, and thermal properties, and is also garnering major revenues from automotive glass application.
01 Jul 2021:Schott opens glass tubing facility in Jinyun, China
Speciality glass manufacturer Schott has officially opened its new glass tubing facility in Jinyun, China.
The facility, which first commenced production at the end of last year, is engaged in the manufacturing of borosilicate glass tubing suitable to produce vials and syringes for Covid-19 vaccines and others.The company has invested €60m in the new facility, as part of its $1bn investment to expand its global pharmaceutical business.
Top Key players in the Borosilicate Glass Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Borosilicate Glass Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Schott, Corning, Kavalier, Duran, Nipro, De Dietrich, NEG, Hilgenberg GmbH, JSG, Borosil, Northstar Glassworks, Asahi Glass, Linuo, Yaohui, Micoe, Tianxu, Haoji, Sichuang Shubo, Tianyuan, Aijia Glass, Yao Guo, Yuanshen, Four Stars Glass, Yong Xin and others.
Borosilicate Glass Market is segmented based on the type, applications, companies and regions.
By Type, Borosilicate Glass Market has been segmented into,
By Application, Borosilicate Glass Market has been segmented into,
Rapid growth of population, along with increasing urbanisation and rise in disposable income, has increased the consumption of consumer & home appliances in the Asia Pacific region. In addition, the growth of the electronic and semiconductor industries in countries, such as South Korea, Japan, China and Taiwan, has also boosted the borosilicate glass market in the region.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Schott, Corning, Kavalier, Duran, Nipro, De Dietrich, NEG, Hilgenberg GmbH, JSG, Borosil, Northstar Glassworks, Asahi Glass, Linuo, Yaohui, Micoe, Tianxu, Haoji, Sichuang Shubo, Tianyuan, Aijia Glass, Yao Guo, Yuanshen, Four Stars Glass, Yong Xin and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 130 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Borosilicate Glass Market is studied from 2017 - 2027.
What is the growth rate of Borosilicate Glass Market?
The Borosilicate Glass Market is growing at a CAGR of 4.3% over the next 5 years.
Who are the leading key players in Borosilicate Glass Market?
Schott, Corning, Kavalier, Duran, Nipro, De Dietrich, NEG, Hilgenberg GmbH, JSG, Borosil, Northstar Glassworks, Asahi Glass, Linuo, Yaohui, Micoe, Tianxu, Haoji, Sichuang Shubo, Tianyuan, Aijia Glass, Yao Guo, Yuanshen, Four Stars Glass, Yong Xin and others.
What regions regions does this Borosilicate Glass Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Borosilicate Glass Market?
Non-alkaline-earth borosilicate glass (3.3 borosilicate glass), Alkaline-earth-containing borosilicate glasses, High-borate borosilicate glasses
What are the significant Applications of Borosilicate Glass Market?
Heat resistant glass panels, Display screens, Lighting glass, Sealing glasses, Neutral glasses, Cosmetic containers, Solar glass, Glass microspheres, Other specialty glasses
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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