Market Overview:
The global low expansion glass market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for low expansion glass from various applications, such as mirrors and other optics, astronomical telescopes, precision measurement devices, laser cavities, semiconductor and others. Low expansion glasses are also used in medical applications such as endoscopes and laparoscopes.
Product Definition:
Low Expansion Glass is a type of glass that expands at a lower rate than other types of glass when it is heated. This type of glass is often used in products that are exposed to high temperatures, such as ovens and dishwashers. The low expansion rate helps to prevent the glass from breaking or cracking when it is heated.
Glass Ceramic:
Glass ceramic is a type of ceramic material that contains glass as its main component. Glass ceramics are used in various applications including electrical & electronics, optical devices, and medical equipment owing to their properties such as low thermal expansion coefficient, high thermal conductivity and heat capacity ratio along with the ability to withstand high temperatures. The growing demand for electronic products such as smartphones and laptops is expected to drive the global glass ceramic market over the forecast period.
Quartz Glass:
Quartz glass is a type of low expansion glass that has many unique properties, such as high thermal shock resistance and electrical insulation. It also has a lower coefficient of thermal expansion than most other types of glasses. These characteristics make it suitable for use in applications where high performance is required, particularly in the electronics industry.
Application Insights:
The mirrors and other optics segment dominated the global low expansion glass market in terms of revenue share in 2017. Mirrors are used for a variety of applications such as architectural, automotive, decorative, and others. The demand for low-expansion glass is expected to increase significantly over the forecast period owing to its growing use in mirrors due to its properties such as high strength and thermal shock resistance which makes it suitable for harsh environments.
The astronomical telescopes segment is projected to witness significant growth over the forecast period owing to an increase in telescope construction projects by international institutions such as NASA and European Space Agency (ESA). These telescopes are majorly used for research purposes but also serve observational purposes during celestial events including solar eclipses, lunar eclipses, planetary occultations etc., leading to an increased product consumption globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth is attributed to the increasing demand for high-quality products from key application sectors, such as aerospace and automotive. In North America, expansion glass is primarily used in mirror and other optics applications owing to its high dispersion characteristics.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to rapid industrialization coupled with government initiatives pertaining to infrastructure development. Expansion glass manufacturers are likely to benefit from this scenario due rising demand for advanced optic components across various industries including defense, automotive, marine and energy sector. Moreover, low labor cost along with easy availability of raw materials will attract manufacturers/suppliers of these products towards this region which will further propel market growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for low expansion glass in the medical and aerospace industries due to its superior thermal shock resistance properties.
- Growing popularity of low expansion glass among consumers due to its aesthetic appeal and ability to withstand high temperatures without cracking or breaking.
- Rising investments by manufacturers in research and development activities to develop new applications for low expansion glass products.
- Increasing use of low expansion glasses in solar energy systems owing to their heat resistance properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Expansion Glass Market Research Report
By Type
Glass Ceramic, Quartz Glass, Others
By Application
Mirrors and Other Optics, Astronomical Telescopes, Precision Measurement Devices, Laser Cavities, Semiconductor, Others
By Companies
Asahi Glass Co.,Ltd (AGC), Schott AG, Corning, Präzisions Glas and Optik GmbH, Jeannette Specialty Glass, Ohara, Elan Technology, Advanced Glass Industries, Specialty Glass Products, Vesuvius plc, Asahi Glass Co.,Ltd (AGC), Angstrom Precision Optics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Low Expansion Glass Market Report Segments:
The global Low Expansion Glass market is segmented on the basis of:
Types
Glass Ceramic, Quartz Glass, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mirrors and Other Optics, Astronomical Telescopes, Precision Measurement Devices, Laser Cavities, Semiconductor, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Asahi Glass Co.,Ltd (AGC)
- Schott AG
- Corning
- Präzisions Glas and Optik GmbH
- Jeannette Specialty Glass
- Ohara
- Elan Technology
- Advanced Glass Industries
- Specialty Glass Products
- Vesuvius plc
- Asahi Glass Co.,Ltd (AGC)
- Angstrom Precision Optics
Highlights of The Low Expansion Glass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass Ceramic
- Quartz Glass
- Others
- By Application:
- Mirrors and Other Optics
- Astronomical Telescopes
- Precision Measurement Devices
- Laser Cavities
- Semiconductor
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low Expansion Glass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Low expansion glass is a type of tempered glass that has been specifically designed to resist breakage when subjected to sudden changes in temperature. Low expansion glass is often used in windows and doors because it resists shattering when the window or door is opened suddenly.
Some of the major companies in the low expansion glass market are Asahi Glass Co.,Ltd (AGC), Schott AG, Corning, Pr¤zisions Glas and Optik GmbH, Jeannette Specialty Glass, Ohara, Elan Technology, Advanced Glass Industries, Specialty Glass Products, Vesuvius plc, Asahi Glass Co.,Ltd (AGC), Angstrom Precision Optics.
The low expansion glass market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low Expansion Glass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Low Expansion Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Expansion Glass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Low Expansion Glass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Low Expansion Glass Market Size & Forecast, 2018-2028
4.5.1 Low Expansion Glass Market Size and Y-o-Y Growth
4.5.2 Low Expansion Glass Market Absolute $ Opportunity
Chapter 5 Global Low Expansion Glass Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Low Expansion Glass Market Size Forecast by Type
5.2.1 Glass Ceramic
5.2.2 Quartz Glass
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Expansion Glass Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Low Expansion Glass Market Size Forecast by Applications
6.2.1 Mirrors and Other Optics
6.2.2 Astronomical Telescopes
6.2.3 Precision Measurement Devices
6.2.4 Laser Cavities
6.2.5 Semiconductor
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Expansion Glass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low Expansion Glass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Low Expansion Glass Analysis and Forecast
9.1 Introduction
9.2 North America Low Expansion Glass Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Low Expansion Glass Market Size Forecast by Type
9.6.1 Glass Ceramic
9.6.2 Quartz Glass
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Low Expansion Glass Market Size Forecast by Applications
9.10.1 Mirrors and Other Optics
9.10.2 Astronomical Telescopes
9.10.3 Precision Measurement Devices
9.10.4 Laser Cavities
9.10.5 Semiconductor
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Low Expansion Glass Analysis and Forecast
10.1 Introduction
10.2 Europe Low Expansion Glass Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Low Expansion Glass Market Size Forecast by Type
10.6.1 Glass Ceramic
10.6.2 Quartz Glass
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Low Expansion Glass Market Size Forecast by Applications
10.10.1 Mirrors and Other Optics
10.10.2 Astronomical Telescopes
10.10.3 Precision Measurement Devices
10.10.4 Laser Cavities
10.10.5 Semiconductor
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Low Expansion Glass Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Expansion Glass Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Low Expansion Glass Market Size Forecast by Type
11.6.1 Glass Ceramic
11.6.2 Quartz Glass
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Low Expansion Glass Market Size Forecast by Applications
11.10.1 Mirrors and Other Optics
11.10.2 Astronomical Telescopes
11.10.3 Precision Measurement Devices
11.10.4 Laser Cavities
11.10.5 Semiconductor
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Low Expansion Glass Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Expansion Glass Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Low Expansion Glass Market Size Forecast by Type
12.6.1 Glass Ceramic
12.6.2 Quartz Glass
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Low Expansion Glass Market Size Forecast by Applications
12.10.1 Mirrors and Other Optics
12.10.2 Astronomical Telescopes
12.10.3 Precision Measurement Devices
12.10.4 Laser Cavities
12.10.5 Semiconductor
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Low Expansion Glass Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Expansion Glass Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Low Expansion Glass Market Size Forecast by Type
13.6.1 Glass Ceramic
13.6.2 Quartz Glass
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Low Expansion Glass Market Size Forecast by Applications
13.10.1 Mirrors and Other Optics
13.10.2 Astronomical Telescopes
13.10.3 Precision Measurement Devices
13.10.4 Laser Cavities
13.10.5 Semiconductor
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low Expansion Glass Market: Competitive Dashboard
14.2 Global Low Expansion Glass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Glass Co.,Ltd (AGC)
14.3.2 Schott AG
14.3.3 Corning
14.3.4 Präzisions Glas and Optik GmbH
14.3.5 Jeannette Specialty Glass
14.3.6 Ohara
14.3.7 Elan Technology
14.3.8 Advanced Glass Industries
14.3.9 Specialty Glass Products
14.3.10 Vesuvius plc
14.3.11 Asahi Glass Co.,Ltd (AGC)
14.3.12 Angstrom Precision Optics
