Industry Background:
Glass bubbles are those type of bubbles which are mostly made up of soda-lime glasses and borosilicate glass. It has various features such as high strength, dimensional stability, low dielectric constant, thermal insulation, low-density hollow glass microspheres. It is made from soda-lime-borosilicate glass. It also provides good water as well as oil resistance. It is widely used in the manufacturing of strong yet light housings. It is also in numerous application such as oil and gas drilling operations, construction material, sporting goods, rubber parts, among others.
This growth is primarily driven by Increasing usage of Glass Bubbles in Various Application such as Automotive, Aerospace, Chemical, among others and Highly Expansion of the Automobile Industry across the World.
Globally, a noticeable market trend is evident Various Technology Advancement in Glass Bubbles Such as Hollow Glass Microspheres Which Can Reduce the Weight of Molded Parts without Sacrificing Strength. The Construction Materials sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as The 3M Company (United States), Trelleborg AB (Sweden), Sigmund Lindner GmbH (Germany), Akzo Nobel N.V. (Netherlands), Ceno Technologies, Ltd. (China), Matsumoto yushi-seiyaku co., Ltd. (Japan), Chase Corporation (United States), Potters Industries LLC (United States), Mo-Sci Corporation (United States) and Kish Company (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In May 2018, the 3M Company (United States) company has introduced glass bubbles S32HS, which mainly help OEMs achieve more than 40% weight reduction of composite parts, at a density below 1.0 g/cc. It is widely used in automotive manufacturers. Hence, this launched will help to enhance the growth of the company and In June 2018, the 3M Company (United States) company has launched a new version of glass bubbles technology, which cut the composite weight of sheet-molded composites by more than 40 percent. Hence, this launched will affect the growth of the market in the future.
Market Drivers
- Increasing usage of Glass Bubbles in Various Application such as Automotive, Aerospace, Chemical, among others
- Highly Expansion of the Automobile Industry across the World
Market Trend
- Various Technology Advancement in Glass Bubbles Such as Hollow Glass Microspheres Which Can Reduce the Weight of Molded Parts without Sacrificing Strength
Restraints
- Issue related to High Cost of Raw Material for Manufacturing Glass Bubbles
Opportunities
Rising Demand from Emerging Market such as China, India, Brazil, among others
Challenges
Issue related to lack of Awareness of Glass Bubbles on Some Region such as Africa and Asia-Pacific and The problem regarding The Damaging Packaging during the Process of Shipment or Storage of Glass Bubbles
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Glass Bubbles Study Sheds Light on
The Glass Bubbles Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Glass Bubbles industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Glass Bubbles industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.