This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Glass Additives Market

Market Insights on Glass Additives covering sales outlook, demand forecast & up-to-date key trends

Glass Additives Market By Product (Metal Oxide, Nanoparticles, Polymers, Rare Earth Metals), by Application (Silicate Glass Manufacturing, 3D Printing, Aerodynamic Levitation, Glass Transition, Customization of Tableware, Lamps & Eyeglasses) & Region - Forecast 2022-2032

Glass Additives Market Overview

Global demand for glass additives was valued at US$ 1.3 Billion in 2021, and is likely to reach a value of US$ 1.4 Billion by the end of 2022. In the long-run, from 2022-2032, the market is expected to flourish at a 4.2% CAGR, reaching US$ 2.1 Billion.

Report Attribute

 

Estimated Base Year Value (2021)

US$ 1Details.3 Billion

Expected Market Value (2022)

US$ 1.4 Billion

Anticipated Forecast Value (2032)

US$ 2.1 Billion

Projected Growth Rate (2022-2032)

4.2% CAGR

Glass is one of the most common containing materials used in various industries, and advancements in the use of glass have provided considerable impetus on the importance of glass additives.

The transparency of basic glass materials has led to the need for coloring them for the purpose of classification, which has influenced the demand for various glass additives. The rising need for colored opaque glass that is thick, durable, and has higher reactive stability will endure the demand for quality glass additive materials.

The use of metal additives to improve the conductivity of glass vessels has also resulted in a surge in demand for glass additives from the healthcare, pharmaceutical, and chemicals industries.

Moreover, technological developments such as using an inorganic compound called lanthanum oxide as an additive that boosts strength and enhances the refractive index of glass materials have incited the demand in the global market for glass additives.

Which are Some Prominent Drivers Spearheading Glass Additives Market Growth?

The global glass additives market is primarily driven by the extensive use of glass in fibre optics, electronics, and consumer goods. As a result, the demand for additives that help differentiate and enhance glass materials has been bourgeoned.

Besides this, glass is largely used as a packaging material in the food & beverages sector and has been the most preferred packaging material for soft drinks and edible semi-fluids, thereby gaining new grounds for glass additives across the globe.

The scientific developments in nanoparticle and chemical technologies have resulted in the higher adoption of nanoparticle additives that supplement the insulation factor of glass materials. Reduction of the glass bubbles to provide low resistance sea bottom drilling is one of the most recent examples of the use of the nanoparticles-based additive, which has fuelled the demand in the global market.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Challenges Faced by the Glass Additives Industry?

Owing to the higher cost of glass, consumers are adopting plastic as an alternative packaging material which restrains the market growth of the glass additives industry at a large scale. Moreover, the unavailability of rare earth metals used as raw materials is a major issue, thus, in turn, limiting the growth of glass additives.

Why is Asia-Pacific Emerging as an Opportunistic Glass Additives Market?

Among the key geographical regions in the world, the global market for glass additives is anticipating higher growth in the Asia Pacific region. The high manufacturing capacity of glass makes the APAC region lucrative for the growth of the glass additives market.

With the rapid growth of the hospitality industry and the rise in pub and bar culture, the demand for glass tableware is burgeoning in the region. Additionally, many consumers in the province are transitioning from traditional stainless steel, plastic, and melamine tableware to glass tableware, which is boosting the region's glass tableware market. Therefore, the soaring popularity of glass furniture is strong-arming the global glass additives market.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

How is Europe Contributing to the Growth of the Glass Additives Market?

The European glass industry offers an array of glass packaging products for food and beverage, as well as for perfumery, cosmetics, and pharmacy to their European customers. According to FEVE- the European Container Glass Federation, the container glass industry represents nearly 70% of all glass production in Europe.

Moreover, the products packed in glass are enormously exported and subsidized to a positive trade balance of about EUR 21 billion per year. This is symbolic of the fact that the market clutches substantial potential to nurture. 

The electronics and automobile trade in Europe is also likely to boost the demand for glass additives that deliver thermal and electrical insulation.

Why North America Holds a Significant Share in the Glass Additives Market?

North America is also expected to be a key leading region, owing to the consumption levels of glass in the construction sector. Glasses are being used widely in the construction industry, in windows, façade, doors, interior partitions, balustrades, shop fronts, and railings for stairs and balconies, among other building parts, providing potential opportunity to float glasses.

The additives are added to increase the strength of glass, thereby growing sales of the glass additives market in the region. With the expansion of the real estate business in the United States, the demand is expected to surge throughout the forecast period.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Market Competition

Some of the key participants present in the global demand of the glass additives market include Air Products and Chemicals, Inc., BASF SE, DuPont, Torrecid Group, Bayer Material Science, Nanobase., among others. 

In April 2021, BASF and Omya have collaborated together in the advancement and commercialization of BasoSphere™’s hollow glass microspheres for cementing applications in the oil and gas industry. The innovative hollow glass microspheres combine BASF's chemical and application expertise for cementing products in the oil and gas industry with Omya's experience in the production of fillers.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 4.3% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Product
  • Application
  • Chemical Elements
  • Region

Regions Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • ASEAN
  • GCC
  • South Africa

Key Companies Profiled

  • Air Products and Chemicals Inc.,
  • BASF SE
  • DuPont
  • Torrecid Group
  • Bayer Material Science
  • Nanobase

Customization

Available Upon Request

Key Segments Profiled in the Glass Additives Industry Survey

Product:

  • Metal Oxide
  • Nanoparticles
  • Polymers
  • Rare Earth Metals

Application:

  • Silicate Glass Manufacturing
  • 3D Printing
  • Aerodynamic Levitation
  • Glass Transition
  • Customization of Tableware
  • Lamps & Eyeglasses

Chemical Elements:

  • Iron
  • Manganese
  • Sulphur
  • Nickel
  • Titanium
  • Chromium
  • Uranium
  • Others

Region:

  • North America
  • Latin America
  • Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

FMI projects the global demand of the calcium oxide market to expand at a 4.3% value CAGR by 2032

Asia Pacific is expected to be the most opportunistic glass additives market

Air Products and Chemicals, Inc., BASF SE, DuPont, Torrecid Group, Bayer Material Science and Nanobase are some prominent glass additives manufacturers

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Chemicals & Materials Insights

View Reports
Google translate

Glass Additives Market