© 2017 Global Market Insights, Inc. USA. All Rights Reserved Glass Additive Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, Spain, China, India, Japan, Australia, Brazil, Mexico, GCC, South Africa), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024 Glass Additive Market to Witness A Phenomenal Growth over 2018 to 2024
Global Market Scenario of Plastic Processing Machinery Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved 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. Glass Additives Market Global bottle packaging industry should generate revenue surpassing USD 100 billion by 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.
© 2017 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- 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. Regional Trends:- 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. 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.
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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: Global glass additives market share is moderately fragmented including industry participants like DuPont, SCHOTT, Gillinder Glass, Nanobase and BASF SE.
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