According to a new report published by Allied Market Research, titled, "Technical Glass Market: Global Opportunity Analysis and Industry Forecast, 2020–2027". The report has offered an all-inclusive analysis of the global technical glass market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

The global technical glass market is in its growing phase, and is expected to be heading toward growth stabilization phase over the coming years. Technical glass is known for its properties that favor its use in various a range of end-use industries. Therefore, surge in adoption of technical glass in end-use industries is the primary factor bolstering the global market growth.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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The report presents in-depth insights into each of the leading technical glass market end user verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the global technical glass market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.

The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Top 10 leading companies in the global technical glass market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and products and services. The key players operating in the global technical glass industry include Guardian Industries, Allegion plc, Asahi Glass Co., Ltd., Corning Inc., Saint-Gobain Company, Schott AG.

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Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.

Key Benefits

• The report provides a qualitative and quantitative analysis of the current technical glass market trends, forecasts, and market size from 2020 to 2027 to determine the prevailing opportunities.
• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
• Top impacting factors & major investment pockets are highlighted in the research.
• The major countries in each region are analyzed and their revenue contribution is mentioned.
• The market report also provides an understanding of the current position of the market players active in the technical glass industry.

Highlights of the Report

-      Competitive landscape of the technical glass market.

-      Revenue generated by each segment of the technical glass market by 2027.

-      Factors expected to drive and create new opportunities in the technical glass industry.

-      Strategies to gain sustainable growth of the market.

-      Region that would create lucrative business opportunities during the forecast period.

-      Top impacting factors of the technical glass market.

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The global automotive solar control glass market has been estimated to foresee an explosive growth by the year. Solar control glass blocks the interior heat loss and helps to keep the room warmer and more comfortable during extreme climatic conditions. “Automotive solar control glass promotes a healthier living environment as it delivers outstanding protection from harsh sun rays. Major technological advancements have been incorporated by the market players to strengthen their competitive landscape. Electrochromic glazing improvises optical properties of the window to regularize outside energy transmitted in the vehicle. Electrochromic glazing has minimized the use of air conditioners, therefore curtailing the fuel costs.”

The installation of solar control windows exhibits enhanced comfort due to reduced heat transferred into the compartment and therefore, offering better driving conditions. The considerably increasing criminal activities imposed a legal prohibition on the use of black films on vehicle glasses. This was a major factor that hampered the growth of automotive solar control glass market.

Based on applications, the market has been segmented into passenger vehicles and commercial vehicles. The high cost of air conditions has propelled the incorporation of automotive solar control glass market across commercial vehicles. Absorbing Solar Control Glass and Reflective Solar Control Glass are the major types of automotive solar control glass.

Geographical segmentation has presented a detailed analysis of automotive solar control glass market growth prospects across the regions of North America, the Asia Pacific, Europe, the Middle East, and Africa, and Latin America. Altering climatic conditions and exponentially growing population as attributed to the rise in the number of residential and commercial vehicles in Asia Pacific, which is driving the market growth.

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The competitive landscape showcases the profiles and business strategies of the major players, along with their recent developments. Some of the dominant players operating in this market comprise of NSG, Saint Gobain, AGC, AIG, PPG, Guardian Glass, Eastman, XINYI, and SYP Glass among others.

Players are entering into business partnerships with fellow contestants and are significantly investing in innovation strategies, which is estimated to drive the cellular vendors to reach new growth markets. The market participants have identified the industry cost structure, supply chain mechanism, major distribution channels, and production capabilities. The market competition is escalating at a steady pace with the advent of technological innovation and several Merger & Acquisition activities across the industry. Furthermore, local and regional vendors are offering specific application products for varied end-users.

The rising environmental concerns like CO2 emission reduction and growing demand for optimizing the temperature regulatory measures inside a vehicle is driving the market for automotive solar control glass. XIR Automotive Films is a solar control technology developed by Eastman which lowers the cabin temperature quickly and improves fuel efficiency that ultimately reduces harmful emissions. The XIR laminated glass reduced exterior noises thus improve acoustic comfort. This glass is encapsulated with Saflex PVB to form a protective barrier against harmful Ultraviolet (UV) rays without impairing the necessary visible light.

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The global pharmaceutical glass bottle market is estimated to develop at a substantial CAGR for the duration of the prediction. The development is mainly credited to the growing demand for the safe packing of medicinal products. Furthermore, growing supervisory stress and strict criteria for the security of the patient, combined with the application of additional methods to decrease the hazard of medicine contact, are likewise motivating the development of the market.

Medicine contact with the principal material of packing is a common problem in the division of healthcare. Glass packing has been the leading select for parenteral preparations in the segment of biotechnology and medicine as it avoids medicine contact. Additionally, technical progressions in the production of the glass are likewise motivating the development in the market. The vital part of principal material of packing is to offer suitable shield counter to medicine contact with principal materials, along with cost of sterility. This is particularly essential for parenteral and biological bottles, because the adulteration or absence of sterility may be the basis for adversarial things.

The pharmaceutical glass bottle market on the source of Type of Medicine could span Biologic, Generic, and Branded. The market on the source of Type of Application could span Injectable, Topical, Oral, Nasal, and Others. The Pharmaceutical Glass Bottle on the source of Type of Color could span Clear, Amber.

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The pharmaceutical glass bottle market on the source of Type of Glass could span Type III – [Regular Soda Lime Glass], Type II – [Treated Soda-Lime Glass], Type I – [Borosilicate Glass]. The market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of prediction could span North America, Europe, Asia Pacific, South America and Middle East & Africa.

By the source of geography, North America held the biggest stake of the market during the past year. The development in the area is credited to the increasing demand of glass bottles in principal packing of contemporary and parenteral preparations. Furthermore, increasing funds in the production of new-fangled group of medicinal bottles by important companies is likewise motivating the development in the area.

The Europe held the subsequent biggest stake of the market. The development in the area is mainly owing to technical progression in the production of glass and growing number of authorizations to the product. The pharmaceutical glass bottle market in the Asia-Pacific is expected to develop by the speedy percentage for the duration of the prediction, due to the increasing number of healthcare firms accepting glass in principal packing.

The statement revises Trades in terms of intake of pharmaceutical glass bottle in the market; particularly in North America, Europe, Asia Pacific, South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Stevanato Group Spa, Nipro Corporation, SGD Group SAS, Bormioli Pharma S.r.l, Gerresheimer AG, Piramal Glass Private Limited, West Pharmaceutical Services, Inc., Origin Pharma Packaging, SCHOTT AG.

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The Global Glass Fiber Market is anticipated to grow at a CAGR of 5.8% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Glass fiber, as the name suggests, involves fine fibers of glass. The factors that propel the growth of the Glass Fiber Market include increased usage of in automobiles to decrease weight and CO2 emissions, increased construction activities at the global level, and demand for corrosion resistance applications such as pipes and tanks from oil & gas and water supply sector.

On the other hand, there are factors that may hamper the growth of the market including hunting by manufacturers of automobiles for inexpensive and harmless substitutions, and adverse health effects of fiberglass. The market may be explored by type, manufacturing process, application, and geography. The market could be explored based on product type as Single-End Roving, Multi-End Roving, CSM, Woven Roving, CS, DUCS, CFM, Fabrics, and Others. Glass Fiber Market may be explored by manufacturing process as Hand Lay-Up, Spray Up, Pultrusion, Injection Molding, Prepreg Lay Up, Compression Molding, Resin Infusion, and Others.

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Market may be analyzed by application as Consumer products, Construction, Wind turbines, and Transportation. The “Construction” segment led the Glass Fiber Market in 2016 and is anticipated to maintain its dominance by 2020 owing to rising use of glass fibers as mixtures in building materials and increasing replacement of steel with glass fibers to reduce the maintenance costs and avert erosion.

Asia-Pacific accounted for the major share of the Glass Fiber Market Size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include foremost upcoming construction schemes in the region. Thus, the rising construction industry, particularly in commercial building segment, is driving the demand for glass fiber in this region.

Some of the key players that fuel the growth of the Glass Fiber Market comprise Owens Corning, PPG Industries, Nippon Sheet Glass, Knauf and Advanced Glass fiber Yarns, and China Fiberglass Company, among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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23 May 2019, Global borosilicate glass market is anticipated to witness an exponential growth in the forecast period. Borosilicate glass implies a type of glass with the main glass-forming components of boron and silica trioxide. Borosilicate glasses are known for having very low coefficients of thermal extension, thereby rendering them resistant to thermal shock, more than any other common glass.

The factors that propel the growth of the borosilicate glass market include increasing demand from laboratory apparatus and solar energy tubes industry, development of solar power industry, increasing usage of borosilicate glass in various applications, surge in disposable income, and increase in number of sunlight-based undertakings in developing economies.

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On the other hand, there are factors that may hamper the growth of the market including availability of substitute like plastic apparatus and high cost. The market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Borosilicate glass market could be explored by product type, application, end user, distribution channel and geography. Market could be explored by product type as High Borosilicate Glass and Medium Borosilicate Glass. The key applications that could be explored in the market include Sealing Glasses, Display Screens, Glass Microspheres, Cosmetic Containers, Lighting Glass, Heat Resistant Glass Panels, Solar Glass, Neutral Glasses and the other Specialty Glasses.

Based on end user, market could span Pharmaceutical packaging material, chemical industry, oil and gas, Solar panels, house hold cookware, heat resistant glass panels, Laboratory glassware and other. The market could be explored based on distribution channel as offline and online channel. The “Offline channel” segment led the borosilicate glass market in 2017 and will continue to lead in the forecast period.

Europe accounted for the major share of the market in 2017 and will continue to lead in the forecast period. The factors attributed to the growth include presence of key manufacturers in the region and high demand. Europe is followed by North American region.

Some of the key players that fuel the growth of the borosilicate glass industry comprise Gerresheimer, SCHOTT, Corning, NEG, Kavalier, Borosil Glass Works, REFMEX GL, Noble Glass Works, Asahi Glass, SCHOTT, China, Shandong Linuo, JiangSu Yuan Sheng, Gerresheimer-Shuangfeng, Jialong High-tech, Beijing Branch Hiromi Glass, Four Star Glass, DOCOME, Jiaxing Fulin light technology, Shandong Yaohui Solar, Huazhong Xinhai Glass Work and Shanghai Yaohua Pilkington. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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