The global Glass Additives Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Glass Additives market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses that the glass additives glass market is expected to undergo a CAGR of 4.10% during the forecast period. This indicates that the market value, which was USD 1.27 billion in 2021, would rocket up to USD 1.75 billion by 2029.
Top Companies in the Global Glass Additives Market:
SCHOTT AG (Germany), DuPont (U.S.), Lynas Rare Earths Ltd (Malaysia), Namibia Critical Metals Inc. (Canada), Torrecid (Spain), Potters Industries LLC (U.S.), Gillinder Brothers, Inc. (U.S.), Ardagh Group S.A. (Luxembourg), HAMMOND GROUP INC (U.S.), Oneida (U.S.), Ferro Corporation (U.S.), Hammond Manufacturing Ltd. (Canada), Zircon Corporation (U.S.), GLC Minerals (U.S.), Michelman, Inc. (U.S.), among others.
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Market Segmentation:
The glass additives market is segmented on the basis of ma product, chemical elements, application and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Metal Alloys
- Nanoparticles
- Polymers
- Rare Earth Metals
Chemical Elements
- Iron
- Manganese
- Sulfur
- Nickel
- Titanium
- Chromium
- Uranium
- Other Rare Earth Metals
Application
- Glass Transition
- Silicate Glass Manufacturing
- Aerodynamic Levitation
- Network Glasses
- 3D Printing
- Color Strengthening
- Others
End-Use
- Packaging
- Building & Construction
- Electronics & Appliances
- Others
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Asia-Pacific dominates the glass additives market in terms of revenue due to the growing disposable income of the mid-earning people and increasing demand for consumer electronics in the developing nations in this region such as India and China.
Europe will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to the increasing automotive, aviation, and defence industries in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Market Dynamics
Drivers
- High usage of glass additives in touch panel display
Touch panel displays are widely used in wearable devices, smartphones, TVs and signage. This glass used in touch panel displays helps reduce overall weight electronic product. The demand of touch panel display has grown significantly over the years due to the growing demand for TVs and smartphones. Digitalization has grown, and this growth is anticipated to drive the glass additives market.
- Growing consumer electronics industry
Rising demand for consumer electronics is anticipated to boost the growth of the glass additives glass market. Touchscreen modules, LCDs & OLED TVs, semiconductors, solar panels, and other consumer electrical products require glass additives.
- Rising demand of glass additives in automotive sector
The demand of the glass additives from the automotive sector increases over the forecast period. Glass additives is used in car interior and sensors because this equipment requires high end glass which can sustain the product, this factor will be the major reason for the excellent revenue growth of glass additives market.
Opportunities
- High demand of nanoparticle based glass additives
The demand for nanoparticles based glass additives progressively increases during the forecast period. Nanoparticles are mainly used as coatings for gadgets, windows, doors and others, thus making them scratch resistant. The rising demand for scratch-resistant window panes for automobiles, laptops, mobile phones and other electronic devices is projected to boost the demand for nanoparticle-based glass additives.
Moreover, advancements in technology such as using lanthanum oxide as an additive to enhance the refractive index and durability of glass materials, have compelled the growth of the glass additives market.
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