Glass Additive Market 2024: Key PLayersDuPont, SCHOTT, Gillinder Glass, Nanobase and BASF SE
Strong demand for durable products with enhanced properties like UV protection, anti-glare and water repellency along with refined opaqueness, resistance, color and refractive index should accelerate demand for glass additives market. These include metal
(EMAILWIRE.COM, August 15, 2018 ) Glass Additives Market size should grow significantly during the forecast timeframe owing to its extensive application scope in food & beverage industry as packaging material for soft drinks and edible semifluid. Global bottle packaging industry should generate revenue surpassing USD 100 billion by 2024. Rise in product demand with enhanced properties in automotive, construction and electronics industry should trigger product demand.
Glass are brittle in nature demanding manipulation of certain properties to suit various industrial application. Additives act as facilitators to refine inherent properties and enhance quality of the final product. Production technology innovations such as using inorganic compound called lanthanum oxide as add-on to boost strength and refractive index should further incite demand in glass additives market. These additives are also used for customizing lamps, tableware and eye wear.
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Strong demand for durable products with enhanced properties like UV protection, anti-glare and water repellency along with refined opaqueness, resistance, color and refractive index should accelerate demand for glass additives market. These include metal alloys, nanoparticles, rare earth metals and polymers. Various other applications include glass transition, silicate glass manufacturing, network glasses, aerodynamic levitation, 3D printing and color strengthening.
Glass additives market size from pharmaceutical application should witness significant gains by 2024 owing to demand surge for enhanced additive compounds offering strength and sustainability against reactive substances. U.S. pharmaceutical industry spending surpassed USD 50 million in 2016 which should increase demand for safer packaging options. These packaging options offer uniform surface chemistry, prevents crack, reduce particulate formation and enables smoother line operations.
Recyclability of these products satisfy food security needs and policies by FDA’s GRAS, finding extensive demand in food & beverage packaging industry. Availability of alternatives like plastics and fibers, unavailability of raw earth metal and low-cost plastic compounds should impact glass additives market price trends. Sourcing raw materials and influence of nanoparticle technology should further propel product demand.
Europe glass additives market size led by Germany, UK and France should grow significantly during forecast timeframe owing to strong regional demand from automotive, construction, food & beverage and healthcare industry. Strong production base in the region with the presence of major industry players should impel higher growth.
China glass additives market size might show strong growth due to rapid industrialization in the region. Rising disposable income along with shift in consumer preference towards enhanced product strength and characteristics will drive regional product demand.
Make an inquiry for purchasing this report @https://www.gminsights.com/industry-analysis/glass-additive-market
U.S. glass additives market size should grow at high rates during forecast timeframe due to rising consumption levels in healthcare, pharmaceutical and automobile sectors. Developing production technologies along with growing demand for electronic & electrical devices should propel regional product demand.
Global glass additives market share is moderately fragmented including industry participants like DuPont, SCHOTT, Gillinder Glass, Nanobase and BASF SE. Companies are concentrating on customized product development for sustainability in market. They also are adopting strategies like mergers, partnerships and acquisition to expand their forward and backward integration in the value chain.
Glass are brittle in nature demanding manipulation of certain properties to suit various industrial application. Additives act as facilitators to refine inherent properties and enhance quality of the final product. Production technology innovations such as using inorganic compound called lanthanum oxide as add-on to boost strength and refractive index should further incite demand in glass additives market. These additives are also used for customizing lamps, tableware and eye wear.
Request for table of contents of this report @ https://www.gminsights.com/request-toc/upcoming/2208
Strong demand for durable products with enhanced properties like UV protection, anti-glare and water repellency along with refined opaqueness, resistance, color and refractive index should accelerate demand for glass additives market. These include metal alloys, nanoparticles, rare earth metals and polymers. Various other applications include glass transition, silicate glass manufacturing, network glasses, aerodynamic levitation, 3D printing and color strengthening.
Glass additives market size from pharmaceutical application should witness significant gains by 2024 owing to demand surge for enhanced additive compounds offering strength and sustainability against reactive substances. U.S. pharmaceutical industry spending surpassed USD 50 million in 2016 which should increase demand for safer packaging options. These packaging options offer uniform surface chemistry, prevents crack, reduce particulate formation and enables smoother line operations.
Recyclability of these products satisfy food security needs and policies by FDA’s GRAS, finding extensive demand in food & beverage packaging industry. Availability of alternatives like plastics and fibers, unavailability of raw earth metal and low-cost plastic compounds should impact glass additives market price trends. Sourcing raw materials and influence of nanoparticle technology should further propel product demand.
Europe glass additives market size led by Germany, UK and France should grow significantly during forecast timeframe owing to strong regional demand from automotive, construction, food & beverage and healthcare industry. Strong production base in the region with the presence of major industry players should impel higher growth.
China glass additives market size might show strong growth due to rapid industrialization in the region. Rising disposable income along with shift in consumer preference towards enhanced product strength and characteristics will drive regional product demand.
Make an inquiry for purchasing this report @https://www.gminsights.com/industry-analysis/glass-additive-market
U.S. glass additives market size should grow at high rates during forecast timeframe due to rising consumption levels in healthcare, pharmaceutical and automobile sectors. Developing production technologies along with growing demand for electronic & electrical devices should propel regional product demand.
Global glass additives market share is moderately fragmented including industry participants like DuPont, SCHOTT, Gillinder Glass, Nanobase and BASF SE. Companies are concentrating on customized product development for sustainability in market. They also are adopting strategies like mergers, partnerships and acquisition to expand their forward and backward integration in the value chain.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results