Report ID: UCMIG15G2005
Report ID:
UCMIG15G2005 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The expansion of the borosilicate glass market around the world is primarily driven by the development of the solar power industry and an increase in the use of borosilicate glass in several applications due to its improved thermal, mechanical, and optical qualities. Increases in solar projects and disposable income in developing nations like China and India also contribute to the market's expansion. The mechanical integrity and improved crushing strength properties of borosilicate glass as a consequence of research collaborations and ongoing R&D activities are anticipated to offer prospective growth prospects for market expansion. The market is projected to be significantly driven over the projected period by the rising demand for borosilicate glass in the electrical and semiconductor industry. During the forecast period, market growth is estimated to be propelled by rising disposable income and rising electronic device consumption.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG15G2005