Press release
Borosilicate Glass Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2028
A comprehensive study on Borosilicate Glass market by FMI provides insights into key factors and opportunities facilitating the growth in the market. The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. The survey offers detailed insights into scope for expansion in developed and developing markets through 2028.Borosilicate glass is a type of glass in which silica and boron trioxide are the main constituents in the formulation of glass. Borosilicate glass contains eighty one percent silica, twelve percent boric oxide, five percent soda and two percent alumina.
Borosilicate glass is manufactured by melting & combining silica sand, boric oxide, alumina and soda ash. The process of manufacturing depends upon the product geometry. Borosilicate glass has various properties, which include low thermal expansion coefficient, high thermal resistance, high chemical corrosion resistance, high mechanical strength and low gas melting temperature, among others. Owing to these diverse properties, borosilicate glass has a variety of applications ranging from cookware to laboratory equipment. In addition, borosilicate glass is widely used in medical implantable devices as well as electronic devices.
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Borosilicate Glass Market: Regional Outlook
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. Moreover, government initiatives for the development of solar power stations in countries such as China & India have also contributed to market growth. Owing to the above-mentioned factors, Asia Pacific is estimated to be a prominent market for borosilicate glass.
Despite being mature economies, regions such as North America and Western Europe will be promising markets for borosilicate glass due to its increasing adoption for various applications. The implementation of solar power projects, along with increasing urbanisation and rising spending capacity, is expected to make Latin America a lucrative potential market for borosilicate glass. The Middle East and Africa is expected to collectively become a strong market for borosilicate glass owing to its increasing demand for various end-use applications.
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Report Benefits & Key Questions Answered
• Borosilicate Glass Historical Volume Analysis: The analysis conducted by FMI analyses key factors that affected the growth in the market over the past half-decade and highlights its consequent impact. It also sheds the light on the demand and sales registered between 2013 and 2017 and forecasts the sales performance of Borosilicate Glass for the coming forecast period 2018-2028.
• Borosilicate Glass Category & Segment Level Analysis: The category & segment level analysis conducted by FMI provides insights into factors affecting the demand outlook across the segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming decade.
• Merger and Acquisition Activity in Borosilicate Glass: Future Market Insight’s analysis also includes merger & acquisitions activity adopted by leading players. Borosilicate Glass manufacturers and stakeholders will engage in M&As to expand their production capacity. It also provides insights that will assist the market players in understanding its impact on the competitive landscape and market share.
• Borosilicate Glass Market Trend Analysis: The latest study by FMI on the Borosilicate Glass market offers exclusive insights into how leading players are aligning their strategies with respect to current trends. It discloses data regarding upcoming trends in the technology industry to assist market players in constructing an effective strategy to capitalize on them.
• Borosilicate Glass Company & Brand Share Analysis: A detailed study by FMI highlights a list of leading market players and stakeholders in the global Borosilicate Glass market. It examines the business execution, cost structure analysis, and supply chain analysis, market share analysis of Tier 1, Tier 2, and Tier 3 players for the assessment period 2018-2028.
Competitive Landscape Analysis
The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Borosilicate Glass market. It also profiles a list of prominent companies including Corning Incorporated, AGC Inc., SCHOTT AG, GVB GmbH, Hangzhou AiJia‘s glass Products Co., Ltd., Swift Glass, Borosil Glass Works Ltd., Hilgenberg GmbH, Gerresheimer AG, Noble Glass Works Pvt. Ltd. and Kavalierglass of North America, Inc.
To offer an in-depth analysis of prevailing competition, the survey provides a thorough market share analysis. The report also highlights key expansion strategies adopted by the Tier 1, Tier 2, and Tier 3 players.
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Borosilicate Glass Market: Segmentation
The global borosilicate glass market is segmented on the basis of type as:
Non-alkaline-earth borosilicate glass
Alkaline-earth-containing borosilicate glass
High-borate borosilicate glass
The global borosilicate glass market is segmented on the basis of end-use industry as:
Laboratories & Pharmaceuticals
Electronics & Semiconductor
Lighting
Home & Commercial Appliances
Automotive
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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