Materials & Chemicals Market Research News

Growth of optoelectronics industry drives the demand for glass materials market insights shared in detailed report

Materials & Chemicals Research

Glass Materials Market Report, forecasts that the global market was valued at $8,468 million in 2015, and is expected to reach $14,084 million by 2022, supported by a CAGR of 7.6% during the forecast period 2016 to 2022.

According to MarketIntelReports' “Global and Chinese Glass Materials Industry, 2017 Market Research Report”:

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Glass material is defined as a non crystalline amorphous solid which is transparent and is used for decorative and technological usage like window panes, optoelectronics, and tableware. It consists of Silicon Dioxide, Sodium Oxide, Calcium Oxide, and Sodium Carbonate.

The glass structure has many applications due to its transparency. It transmits, reflects, and refracts light.

The Glass Materials Market has further applications in art objects, especially stained glass windows.

Since the glass wall material can be moulded into any shape, it is used to make vessels, bowls, vases, jars, and drinking glasses.

Scope & Regional Forecast of the Glass Materials Market

The most common constituent of glass house materials is Silico (SiO2). Fused quartz is made from chemically pure silica.

It has resistance to thermal shock and has the ability to survive immersion in the water, while being red hot. The glass crystal structure also has other ingredients which causes it to have other properties.

Lead glass has more lusture, since the increased refractive index causes more reflection.

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The fiber glass material can reflect light due to its geometrical properties. It is used to build lenses and windows.

Common glass has a reflection index of 1.5. This can be changed by the addition of low density materials.

Different types of glass materials have corrosion resistance. They also have a greater content of alkali.

Alkali earths is less resistant to corrosion than other types of glass.

Glass generally has a tensile strength of seven megapascals. But due to its strong chemical bonds, its strength can be more.

It can be increased by toughening.

Segmentations & Key Players Involved in the Glass Materials Market

The Glass Materials Market can be broken down into various segments as follows:

  • Region- North America, Europe, China, Japan.

Some of the key players involved in the Glass Materials Market are as follows:

  • Nippon Sheet glass
  • Asahi Glass Co., Ltd
  • SaintGobain
  • Guardian Industries Corp.
  • Carl Zeiss

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