About Glass Powder
Glass is an inert material that could be recycled and used many times without changing its chemical property. Glass powder is a by-product of glass factories.Glass powder seems to have a more pronounced effect on the flexural strength than the split tensile strength. Clear and colored glass powder can be used in all media, such as oil, acrylic dispersions, lime, and glues.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 11.0% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that Japanese Vendors will contribute the maximum growth to Global Glass Powder market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Corning (United States), Schott (Germany), Nippon Electric Glass (Japan), Asahi Glass (Japan), Central Glass (Japan), Potters-Ballotini (United Kingdom) and Morgan Advanced Materials (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Glass Powder market by Type (Median particle Size(μm) 710;500, Median particle Size(μm)500〜250, Median particle Size(μm)250〜150, Median particle Size(μm) 150〜75 and Other), Application (Cleaning, Deburring, Finishing/Matte finishing, Surface Preparation and Others) and Region.
On the basis of geography, the market of Glass Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Glass Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
In the Construction Industry, Use of waste material or recycling of materials
Market Growth Drivers:
Growth in the Construction Industry and Rising Demand for Glass Powder in Developing Country
Challenges:
Availability of Substitute like Concrete
Restraints:
Complexity in Manufacturing Process
Opportunities:
Increasing Industrial Waste and Replacement of Cement by Glass Powder
Market Leaders and their expansionary development strategies
In February 2023, Nippon Sheet Glass Co., Ltd. (NSG) announced the acquisition of Pilkington North America from Asahi Glass Co., Ltd., significantly expanding its presence in the automotive glass market in North America.
In September 2022, Gujarat Guardian Industries Ltd (GGIL) launched a new line of pharmaceutical glass containers to cater to the growing demand in the healthcare sector.
Key Target Audience
Glass Powder Manufacturer, Glass Powder Suppliers/Distributors, Raw Material suppliers and Potential Investors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.