Report Code: A07313 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Glass Additive Market
Request Now !Glass Additive Market Analysis :
Glass additive is a solid produced by cooling molten material so that the internal management of atoms or molecules remains in random sate. It is a non-crystalline, often amorphous solid. The wide use of glass additive is witnessed in window panes, tableware, and optics. The transparency of the glass material is the basic key property that led to the high usage of glass additives in various industries. There are numerous types of glass additives available in the market, metal oxides, nanoparticles, polymers, and rare earth metal. Industries, such as automotive, construction, transport, and others, use glass additives for color strengthening, 3D printing, glass transitions, and other purposes. Furthermore, significant growth of the glass additive market is expected to be witnessed, owing to its properties over the forecast timeframe.Â
COVID-19 scenario analysis:
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
Extensive use of glass additive in fiber optics, electronics, and other consumer products are the primary key driving factors for the glass additive market. The higher adoption of nanoparticles also supplements the insulation factor of glass materials, thereby leading to a surge in demand for glass additives in the electronics industry. Additionally, rise in consumption of glass as packaging material is expected to boost the demand for glass additives. In the food & beverages industry, glass additive is extensively required for the packaging of soft drinks and edible semi-fluids. However, the major restraints of the market include unavailability of rare earth metals in the market and rise in adoption of plastic as an inexpensive alternative option to glass. Therefore, these factors are expected to hamper the growth of the glass additive market
The glass additive market trends are as follows:Â Â Â Â
Surge in usage in automotive and industrial applications
Manufacturers have been focusing on production of new products for specific applications as there are varying demands based on utilization. Glass additives can be widely used in aerodynamic levitation, glass transition, and customization of tableware, lamp, & eye glasses. Glass additives are ubiquitous materials that can be extensively used in chemistry industries as a result of their excellent thermal and electrical properties. Additionally, rise in prominence of glass additive in the pharmaceuticals industry, owing to high reliability and low cost of glass additive is anticipated to further enhance the market growth.
Key benefits of the report:
Questions answered in the glass additive market research report:
Glass Additive Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 Report Highlights
Aspects | Details |
---|---|
By Product |
|
By Application |
|
By End User |
|
By Region |
|
Key Market Players | Namibia Rare Earths, DuPont, SCHOTT, Gilinder Glass, Metall Rare Earth, Nanobase, Torrecid Group, Ardagh Group, BASF SE, Lynas |
Start reading.
This Report and over 68,226+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers