Press release
Key regions, sales, revenue, market share and growth rate of the global Borosilicate Glass Tubes Market market during forecast period 2018-2025
Borosilicate glass is a type of glass with silica and boron trioxide. The boric oxide makes the glass resistant to extreme temperatures, and also improves its resistance to chemical corrosion. Borosilicate glass is processed by advanced production technology by heating the glass to make internal glass melting. Borosilicate glass tubes are hollow pieces made of borosilicate glass. There is a high content of silicon and boron in borosilicate glass tubes.
Borosilicate glass tubes refer to hollow pieces made of borosilicate glass. They contain medium borosilicate glass tubes and high borosilicate glass tubes. The borosilicate glass tubes industry is a fragmented group of relatively small companies. As raw materials are easily available and downstream market is wide, so manufacturers of borosilicate glass tubes are distributed around the world.
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With the rapid development of industry, especially the solar energy tubes and laboratory apparatus industry, global demand for borosilicate glass tubes is increasing. In 2015, solar energy tubes accounts for 52.62% of global consumption, while laboratory apparatus, heat glassware, chemical tubes and pharmaceutical packaging, take about 14.19%, 16.14%, 5.36% and 7.28%, respectively.
The global average price of borosilicate glass tubes is in the decreasing trend, from 1150 USD/MT in 2011 to 982 USD/MT in 2016. In addition, as medium borosilicate glass tubes are generally used in pharmaceutical packaging industry, the price of medium borosilicate glass tubes is higher than that of high borosilicate glass tubes. With the situation of global economy, prices will be in decreasing trend in the following five years. In line with global trends, the China average price of borosilicate glass tubes decreased from 773 USD/MT in 2011 to 680 USD/MT in 2016.
The global borosilicate glass tubes production in 2016 will reach about 1121659 MT from about 806508 MT in 2011 with an average growth rate of 6.82%. China is the biggest production base, which holds 64.27% production share in 2015.
China and Europe are the main consumption bases, while China holds 63.06% consumption share and Europe holds 19.14% consumption share in 2015. They occupied 82.20% of the global consumption in total.
The global Borosilicate Glass Tubes market is valued at 1180 million US$ in 2017 and will reach 1510 million US$ by the end of 2025, growing at a CAGR of 3.1% during 2018-2025.
The major manufacturers covered in this report
Schott
Corning
Kavalier
Duran
De Dietrich
NEG
Hilgenberg GmbH
JSG
Borosil
Northstar Glassworks
Asahi Glass
Linuo
Yaohui Group
Micoe
Tianxu
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
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