Specialty Glass Market to Represent a Significant Expansion with massive CAGR of 7.0% by 2025 | Hoya Corp, AGC, Schott, Guardian Industries, China Group, Corning, Thermo Scientific

The demand for Specialty Glass Market 2019 is anticipated to be high for the next few years. By considering this demand we provide latest Specialty Glass Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2025. This report will assist in analyzing the current and future business trends, sales and revenue forecasts.

Global Specialty Glass Market Overview:

The Global Specialty Glass Market is esteemed at around US$ 10,501.69 Million of every 2017 and is foreseen to develop with a healthy growth rate of more than 7.0% during the forecast period 2018-2025.

One of the significant key factor drives the growth of the Global Specialty Glass Market is rapid growth in demand across end-user industries. The Specialty Glass is widely used in customized designer doors and windows, furniture etc. The market demand is primarily driven by the significant rising expenditure on home interiors, fueling disposable income, and increasing construction of commercial and residential buildings. Furthermore, specialty glass is widely used in mobile and other electronic device screens as a protective material which is another growing application area for Specialty Glass Market.

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According to the market research report, utility Borosilicate Glass is in effect generally received both in the created and creating nations. The Borosilicate glass is mostly a kind of glass with silica and boron trioxide that goes about as the primary framing constituents. The Borosilicate glass is correctly produced in a blend of silica sand, mellitic boric oxide, alumina, and soda ash. As the borosilicate glass softens at an exceptionally high temperature in contrast with common silicate glass, there was a consistent interest for new procedures thinking about industrial products. Additionally, the manufacturing process of borosilicate glass distinctly relies upon the item geometry and further could be separated between a few methods which incorporate floating, drawing and molding.

The Global Specialty Glass Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Specialty Glass Market is sub-segmented into Glass Ceramics and Borosilicate Glass. On the basis of Application, the Global Specialty Glass Market is classified into Laboratory & Scientific Glass, Optical Glass, Home Appliances and others.

In terms of the geographic analysis, North America is the leading region across the world in terms of market share owing to escalating disposable income of the individuals and surging construction sector which includes both residential and commercial spaces. APAC region is also anticipated to exhibit highest growth rate over the forecast period 2018-2025 due to investments made by the private organizations along with escalating urbanization in both urban and semi-urban provinces of the countries.

Top Leading Key Players in Global Specialty Glass Market: AGC, Schott, Guardian Industries, China Group, Hoya Corporation, Corning, Thermo Scientific, Rayotek Scientific, NSG and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Latest Industry News:

1 Hoya Corporation (May 15, 2019) – HOYA Introduces “Audio Glass” Sports Sunglasses that Free the Ears to Enable Enjoyment of Music – HOYA CORPORATION (6-10-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo/ President and CEO Hiroshi Suzuki) releases “Audio Glass”, “sports sunglasses that free the ears to enable enjoyment of music” on May 15.

Audio Glass is a device that enables users to enjoy music while playing sports by embedding bone conduction speakers into sunglasses and connecting them via Bluetooth to a smartphone. It enables hands-free use of smartphone voice recognition functions, and can be used in a variety of ways in keeping with the user’s lifestyle such as making phone calls without cutting off external sounds and using navigation functions.

The company expects the sales of 3,000 units in the initial year, targeting individuals who engage in recreational sports, particularly cycling and jogging. The sunglasses are priced at 32,000 yen (tax exclusive), with an optional mirror coating lens that can be replaced by the user at 5,000 yen (tax exclusive). During the pilot sales period (3 months from May 15), the product will be available at 5 “eyecity”* stores in Tokyo (Mirraza Shinjuku store, Shibuya Miyamasuzaka store, Nakano store, Tachikawa store, Kichijoji SUNROAD store).

2 Thermo Fisher Scientific (June 3, 2019) – Thermo Fisher Scientific Extends Industry-leading Mass Spectrometry Portfolio with a New Generation of Intelligence-Driven Instruments and Software – Thermo Fisher Scientific Inc., the world leader in serving science, is accelerating the pace of innovation in the lab with the introduction of a new generation of intelligence-driven mass spectrometry instruments, workflows and software. The company will showcase these new additions to its industry-leading offering during the 67th American Society for Mass Spectrometry (ASMS) Conference on Mass Spectrometry and Allied Topics, being held June 2-6, in the International Ballroom ABCD at the Omni CNN Center Hotel, Atlanta, Georgia.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Specialty Glass in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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