Scope of the Study
Container glass is a glass used for the manufacturing of glass containers such as bottles, drinkware and jars. It has lower magnesium oxide and sodium oxide content than flat glass and a higher Silica, Calcium oxide and Aluminum oxide content. It has a higher content of water-insoluble oxides which helps to the storage of beverages and food. Most of the container glasses are soda-lime glasses. The primary factor which is driving the container glass market is demand from the alcoholic beverage industry.
The market study is being classified, by Application (Packaging, Tableware and Decorative Containers) and major geographies with country level break-up.
Owens-Illinois Inc. (United States), Gerresheimer (Germany), Amcor Ltd (Australia), Hindustan National Glass & Industries Ltd (India), Vitro (Mexico), Consol Glass (South Africa), Vidrala S.A. (Spain), Nampak Ltd. (South Africa), Toyo Glass Co. Ltd. (Japan) and Verallia (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are BA Glass (Portugal) and Wiegand-Glas GmbH (Germany).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Container Glass market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Container Glass market by Type, Application and Region.
On the basis of geography, the market of Container Glass 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand for Glass Containers
- Unlimited Recyclable Life of the Glass
- Zero Rate of Chemical Interactions with Products
Market Trend
- Increasing Emphasis on Using Eco-Friendly Recyclable Material
Restraints
- Addition of Ceramic as a Substitute to Glass
- Fluctuations in the Raw Material Prices
Opportunities
- Increasing Demand from Beer Industry
- Wide Variety of Applications in Various Industries
Challenges
- Chances of Damage While Transport
Market Leaders and their expansionary development strategies
On 2nd April 2019, Owens-Illinois, Inc. announces the Acquisition of Nueva Fabrica Nacional de Vidrio, S. de R.L. de C.V. from Grupo Modelo, a wholly owned affiliate of Anheuser-Busch InBev SA/NV. The Nueva Fanal facility is located near Mexico City, Mexico. Currently, this plant has four furnaces to produce and supply approximately 300,000 tons of glass containers annually for Grupo Modelo brands, which include Corona, Modelo Especial and Pacifico.
Key Target Audience
Container Glass Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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