Press release
Technical Glass Market is estimated to Reach US$ 26 Bn in 2023 | Key Players- Schott AG, Corning Inc
Technical Glass Market
Technical Glass Market is expected to reach value of US$ 26 Bn in 2023. As per the industry experts and findings of the report, the global technical glass market is projected to grow at a CAGR of 7.2% between 2018 and 2026, in terms of value. Increasing demand for advance glass is one of the key factors assisting the growth of the technical glass market.
The vertical is emphasizing on regulation and sustainability of trade, which are expected to have material impact in the forecast period. Decarbonization would be another aspect that would witness acceleration going forward. The period would also see an influx of renewable polymers. This would be the scene with chemical vertical.
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The Technical Glass Market is growing quickly as technological advances create opportunities for new products and applications. Technical glass, or engineered glass, is a type of specialty glass that is used in a variety of applications in the medical, automotive, aerospace, and telecommunications industries. Technical glass offers properties such as durability, thermal resistance, specific optical properties, chemical inertness, and low permeability that make it well-suited for use in these industries.
The main aim of this report is to offer exhaustive analysis and insights pertaining to the technical glass market. This report offers a comprehensive analysis of the global technical glass market in terms of market volume (KT) & value (US$ Mn) and year-wise (Y-o-Y) growth in the global technical glass market according to type, end-use and application. The study considers 2017 as the base year with market values estimated for 2018 and forecast developed for the duration 2018 to 2026. The Compound Average Growth Rate (CAGR) is represented from 2018 to 2026. The study covers value chain analysis, market dynamics and industry growth analysis, along with segmental-level projections in a comprehensive manner.
Key Companies-
• Schott AG
• Corning Inc.
• TAIWAN GLASS IND. CORP.
• Heraeus Holding
• Asahi Glass Co., Ltd.
• Nippon Sheet Glass Co., Ltd
• Saint-Gobain
• Flat Glass Group Co., Ltd.
• Borosil Glass Works Ltd.
• Allegion plc
• Nippon Electric Glass Co., Ltd
• Jhonson Matthey
• Guardian Industries
• Technical Glass & Aluminium Co. L.L.C
• Xinyi Energy Holdings Limited
• Nissink Business Glass B.V.
• Others.
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Technical Glass Market: Segmentation
Technical Glass Market By Material Type
• Borosilicate Glass
• Aluminosilicate Glass
• Aluminoborosilicate Glass
• Soda-Lime Glass
• Alkali-lead Silicate Glass
• Ceramic Glass
Technical Glass Market By Foam
• Flat Glass
• Thin Glass
• Tubes & Rods
• Glass Powder
• Hollow Glass
Technical Glass Market By End Use
• Laboratories & Pharmaceuticals
• Architectural Design
• Electronic Devices
• Lightening
• Home & Commercial Appliances
Technical Glass Market By Region
• North America
• Latin America
• Europe
• APEJC
• China
• Japan
• MEA
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Key Questions Answered in the Technical Glass Report -
• How has the Technical Glass market evolved in the past four years?
• What shape is the Technical Glass market expected to take in terms of volume and value during the study period?
• What are some of the prevailing market dynamics in the Technical Glass market?
• What are the competition developments and trends in the Technical Glass market?
• What are some of the underlying macro-economic and industry factors impacting the growth of the Technical Glass market?
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