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Borosilicate Glass Market: By Product Type By Application By Sales Channel By End User and Geography
Borosilicate Glass Market: By Product Type By Application By Sales Channel By End User and Geography
Borosilicate Glass Market size was valued at US$ 2,427.3 million in 2023 and is expected to grow at a CAGR of 8.3% from 2024 to 2030. The global market provides a detailed overview of the Borosilicate Glass market, and that can be segmented by product type, application, sales channel, and end user. By product type, the Borosilicate Glass market has been segmented into Non-Alkaline- Earth Borosilicate Glass, Alkaline-Earth containing Borosilicate Glass, and High-Borate Borosilicate Glass. The non-alkaline-earth borosilicate glass segment is likely to be the largest and fastest-growing segment in terms of product type. The rise of this segment is mainly due to the advantages offered such as chemical and thermal resistance, flawless light transmission, and surface performance. The product is gaining significant traction for glass tubing, piping, glass containers, and flasks. The product is expected to experience considerable demand from the chemical industry, thus, firming the segmental growth in the forecast period. Based on Application, the Borosilicate Glass market is segmented into Solar panels, pharmaceutical packaging material, Laboratory glassware, Heat-resistant glass cookware, and Heat-resistant glass panels. Among these, the laboratory glassware segment is expected to have a significant growing market during the forecast period 2022-2028. The major factor for the growth of this segment is the extensive use of borosilicate glass in various types of laboratory equipment owing to its thermal and chemical resistance and great optical clarity. Based on the sales channel, the Borosilicate Glass market is segmented into Direct and Distribution. The distribution segment is expected to have a significant share in 2021. Based on the end user, the Borosilicate Glass market is segmented into Medical & Healthcare, Electronics, Fiber Optics, and Others. The electronics segment is expected to have a significant share in 2021. The rise of this segment is mainly because of increased usage of electronic devices and growing disposable income.
Study Period
2024-2030Base Year
2023CAGR
8.3%Largest Market
North AmericaFastest Growing Market
Asia pacific
The growing urban development from the viewpoint of healthcare and home application is anticipated to propel the market growth over the forecast years. Moreover, the increasing use of borosilicate glasses in medical and healthcare and increasing research and development activities are increasing market growth over the forecast years.
North American market is expected to witness the highest market share during the forecast period
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 2,427.3 million |
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Market CAGR |
8.3% |
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By Product Type |
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By Application |
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By Sales Channel |
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By End User |
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The borosilicate glass market size was valued at US$ 2,427.3 million in 2023
Corning Incorporated, AGC Inc., SCHOTT AG, GVB GmbH, Hangzhou AiJia‘s glass Products Co., Ltd., Swift Glass, Borosil Glass Works Ltd., Hilgenberg GmbH, Gerresheimer AG, Noble Glass Works Pvt. Ltd., Kavalierglass of North America, Inc.
North American is the fastest-growing region for borosilicate glass market
| 1. Executive Summary |
| 2. Global Borosilicate Glass Market Introduction |
| 2.1.Global Borosilicate Glass Market - Taxonomy |
| 2.2.Global Borosilicate Glass Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.Sales Channel |
| 2.2.4.End User |
| 2.2.5.Region |
| 3. Global Borosilicate Glass Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Borosilicate Glass Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Borosilicate Glass Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Non- Alkaline- Earth Borosilicate Glass |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Alkaline-Earth containing Borosilicate Glass |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. High-Borate Borosilicate Glass |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Borosilicate Glass Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Solar panels |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Pharmaceutical packaging material |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Laboratory glassware |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Heat-resistant glass cookware |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Heat-resistant glass panels |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Borosilicate Glass Market By Sales Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Direct |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Distribution |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Borosilicate Glass Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Medical & Healthcare |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Electronics |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Optics |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Others |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Global Borosilicate Glass Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10. North America Borosilicate Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Non- Alkaline- Earth Borosilicate Glass |
| 10.1.2.Alkaline-Earth containing Borosilicate Glass |
| 10.1.3.High-Borate Borosilicate Glass |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Solar panels |
| 10.2.2.Pharmaceutical packaging material |
| 10.2.3.Laboratory glassware |
| 10.2.4.Heat resistant glass cookware |
| 10.2.5.Heat resistant glass panels |
| 10.3. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Direct |
| 10.3.2.Distribution |
| 10.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Medical & Healthcare |
| 10.4.2.Electronics |
| 10.4.3.Optics |
| 10.4.4.Others |
| 10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11. Europe Borosilicate Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Non- Alkaline- Earth Borosilicate Glass |
| 11.1.2.Alkaline-Earth containing Borosilicate Glass |
| 11.1.3.High-Borate Borosilicate Glass |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Solar panels |
| 11.2.2.Pharmaceutical packaging material |
| 11.2.3.Laboratory glassware |
| 11.2.4.Heat resistant glass cookware |
| 11.2.5.Heat resistant glass panels |
| 11.3. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Direct |
| 11.3.2.Distribution |
| 11.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Medical & Healthcare |
| 11.4.2.Electronics |
| 11.4.3.Optics |
| 11.4.4.Others |
| 11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12. Asia Pacific (APAC) Borosilicate Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Non- Alkaline- Earth Borosilicate Glass |
| 12.1.2.Alkaline-Earth containing Borosilicate Glass |
| 12.1.3.High-Borate Borosilicate Glass |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Solar panels |
| 12.2.2.Pharmaceutical packaging material |
| 12.2.3.Laboratory glassware |
| 12.2.4.Heat resistant glass cookware |
| 12.2.5.Heat resistant glass panels |
| 12.3. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Direct |
| 12.3.2.Distribution |
| 12.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Medical & Healthcare |
| 12.4.2.Electronics |
| 12.4.3.Optics |
| 12.4.4.Others |
| 12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13. Middle East and Africa (MEA) Borosilicate Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Non- Alkaline- Earth Borosilicate Glass |
| 13.1.2.Alkaline-Earth containing Borosilicate Glass |
| 13.1.3.High-Borate Borosilicate Glass |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Solar panels |
| 13.2.2.Pharmaceutical packaging material |
| 13.2.3.Laboratory glassware |
| 13.2.4.Heat resistant glass cookware |
| 13.2.5.Heat resistant glass panels |
| 13.3. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Direct |
| 13.3.2.Distribution |
| 13.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Medical & Healthcare |
| 13.4.2.Electronics |
| 13.4.3.Optics |
| 13.4.4.Others |
| 13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14. Latin America Borosilicate Glass Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 14.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Non- Alkaline- Earth Borosilicate Glass |
| 14.1.2.Alkaline-Earth containing Borosilicate Glass |
| 14.1.3.High-Borate Borosilicate Glass |
| 14.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Solar panels |
| 14.2.2.Pharmaceutical packaging material |
| 14.2.3.Laboratory glassware |
| 14.2.4.Heat resistant glass cookware |
| 14.2.5.Heat resistant glass panels |
| 14.3. Sales Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Direct |
| 14.3.2.Distribution |
| 14.4. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Medical & Healthcare |
| 14.4.2.Electronics |
| 14.4.3.Optics |
| 14.4.4.Others |
| 14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Corning Incorporated |
| 15.2.2.AGC Inc. |
| 15.2.3.SCHOTT AG |
| 15.2.4.GVB GmbH |
| 15.2.5.Hangzhou AiJias glass Products Co., Ltd. |
| 15.2.6.Swift Glass, Borosil Glass Works Ltd. |
| 15.2.7.Hilgenberg GmbH |
| 15.2.8.Gerresheimer AG |
| 15.2.9.Noble Glass Works Pvt. Ltd. |
| 15.2.10.Kavalierglass of North America, Inc. |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.