Global Glass Additives Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Glass Additives Market By Product & End-Use: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the glass additives market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Increase in consumption of coloured and specialty glass in packaging industry is a major driving factor for glass additives market as glass material are widely food & beverage industries as a packaging material for soft drinks as well as edible semi-fluids. Moreover, continuous developments in nanoparticle studies and chemical technologies which resulted into use as insulation while manufacturing of glass additives would create a market demand and helps to drive this market.
However, availability of plastic additives which could be used as an alternative over glass additives might hinder the market growth.
This report presents a detailed evaluation of glass additives, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach.
Rapid industrialization and strong economic growth in countries such as, China, India, Japan, and South Korea of Asia-Pacific region would drive the glass additives market as China is a biggest consumer of glass products in this region. Further, high consumption of glass materials in healthcare & pharmaceutical industries with healthy economy of countries like U.S. and Canada is anticipated to grow the glass additives market in North American region. Increase in production of electronics and automobile components raises the usage of glass additives that boost the market growth in European region.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global glass additives market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: BASF SE, DuPont, Nanobase, Torrecid Group, Gillinder Glass, SCHOTT, and Bayer Material Science.
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.