Title: Glass Additives industry analysis research and trends report for 2017- 2024
1Glass Additives industry analysis research and
trends report for 2017- 2024
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2- 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. - 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.
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3- 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. - Metal oxide glass additives market size should
offer high industry growth during forecast
timeframe due to its color improving property. It
also enhances thermal and electrical conductivity
which should find wide application scope in
construction sector. - China construction industry size should exceed
USD 1.5 trillion by 2024 procreating product
demand. Commonly used metal oxides are cobalt
oxide, ferric oxide and manganese oxide. - Nanoparticle glass additives market size should
witness strong gains during forecast timeframe
owing to its application scope as coatings for
window panels, laptops, mobile phones and
televisions. Rising demand for scratchproof
panels should spur higher product demand. These
products are also used in reducing air bubbles
and offers low resistance during sea bottom
drilling which should further catalyze demand.
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- 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. - Glass additives market size from packaging
application should grow significantly owing to
rising popularity among consumers for specialized
product offering scratch resistance, anti-glare,
UV protection and durability. Growing population
along with busy work schedule imparts higher
demand for packaged food beverage implying
growth in product demand. - Strong production base in the region with the
presence of major industry players should impel
higher growth. 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.
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6Competitive Trends
- The notable industries Glass Additives are
- DuPont,
- SCHOTT,
- Gillinder Glass,
- Nanobase
- BASF SE
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