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Glass Additives Market2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2027
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Glass Additives Market
Glass Additives Market Industry Survey, Growth,
CompetitiveLandscape and Forecasts to 2027

• Glass is brittle in nature and on demand, certain
  properties of glass can be changed to meet the
  desired end use application. This change in
  inherent properties are achieved by various
  ingredients such as lanthanum oxide, iron,
  calcium oxide, and silica which are commonly
  known as Glass Additives. These offer durability,
  increase refractive index, and impart color which
  make them suitable for use in numerous
  application in various end use industries such as
  automotive transportation, electronics
  appliances, packaging, building construction,
  and others.
• Some of the prominent factors that positively
  influence the growth of the Glass Additives
  Market are increasing disposable income,
  continuous growth of packaging industry, and
  improved living standards. Furthermore, rising
  automotive sales in the developed as well as
  developing regions combined with the demand for
  durable door and front glass windows is predicted
  to accelerate the market growth over the
  assessment period. In addition, speedy growth in
  building construction industry is estimated to
  propel the market growth over the estimated
  period. However, rising demand of plastic
  additives in the manufacturing of cheaper plastic
  as an alternative to the relatively expensive
  Glass Additives is predicted to hamper the market
  growth.

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Glass Additives Market

• Market Segmentation
• The Global Glass Additives Market is segmented on
  the basis of product, application, and region. On
  the basis of product, the market is categorized
  into metal oxide, nanoparticles, and polymers
  rare earth metals. Among them, metal oxides
  product segment accounted for the largest market
  share and is expected to grow with the healthy
  CAGR due to their high adoption rate. As these
  are used for coloring and to enhance specific
  properties such as electrical and thermal
  conductivity. Nanoparticles segment is estimated
  to grow with the moderate CAGR during the
  estimated period. As these are mainly used as
  coating for gadgets, windows, and doors.
  Increasing popularity of scratch resistant window
  panes for mobile phones, automobiles, laptops,
  and other electronic devices is predicted to
  surge the market growth. On the basis of
  application, the market is categorized into
  building construction, packaging, automotive
  transportation, electronics appliances, and
  others. Other segment include home and décor,
  fiber optics, and medical. Among them, packaging
  emerged as the largest end use segment and
  accounted for around 48 of the total market
  demand in 2015. Rising use of glass as a
  packaging material has led to the growth in the
  market which in turn has increased the
  consumption of additives.

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Glass Additives Market
Regional Analysis

• Europe is estimated to be the largest market for
  Glass Additives followed by Asia Pacific and
  North America on account of increasing packaging,
  building construction, automotive
  transportation industries among others.
  Developing countries of Asia Pacific such as
  India, China, and Vietnam are the fastest growing
  markets for glass additives, and is estimated to
  grow with the same pace in near future. Low plant
  set up cost, high economic growth rate and
  competitive manufacturing costs are also the
  important factors boosting the growth of Glass
  Additives Market in Asia Pacific region. North
  American Glass Additives Market is estimated to
  witness a significant growth with U.S, being the
  major contributor on account of the presence of
  strong consumer base for electronic products and
  the major market players which govern the
  industry dynamics of Glass Additives over the
  assessment period. Europe is estimated to witness
  a moderate growth over the forecast period due to
  increasing demand from automotive
  transportation industry.

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Glass Additives Market
Application Major Players in this Research
Glass Additives MarketProminent Players Some of
the prominent players operating in the Global
Glass Additives Market are Namibia Rare Earths
Inc. (Canada), Lynas Corporation Ltd (Australia),
Torrecid Group (Spain), Potters Industries LLC
(U.S.), SCHOTT AG (Germany), DuPont. (U.S.),
GILLINDER GLASS (U.S.), METALL RARE EARTH LIMITED
(China), Ardagh Group (Republic of Ireland),
HAMMOND GROUP INC (U.S.) among others.
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