Global Borosilicate Glass Market Projected To Grow At 5.4% CAGR Between 2016-2020

1. Global Global Borosilicate Borosilicate Glass Glass Market Market Projected Between Between 2016-2020 2016-2020 Projected To To Grow Grow At At 5.4% 5.4% CAGR CAGR Date: 2016-12-27 Borosilicate glass is a type of glass with silica and boron trioxide as the main glass-forming constituents. Borosilicate glasses are known for having very low coefficients of thermal expansion (~3 × 10−6 K−1 at 20 °C), making them resistant to thermal shock, more so than any other common glass. Such glass is less subject to thermal stress and is commonly used for the construction of reagent bottles. The main driver for fueling market is growing demand for the industrial uses, research and medical uses, also a wide variety of uses ranging from cookware to lab equipment, according to research, global Borosilicate Glass market is projected to grow at 5.4% CAGR between 2016-2020. In terms of geography, the Asia Pacific is dominating the market in both production and consumption, region followed by North America, which is expected to grow at a CAGR of 5.1% for the forecast period. Global demand of borosilicate glass increased to 1066521 MT in 2015 from 857177 MT in 2011. It is estimated that supported by downstream industries. In addition, similar with that of globe, the demand of borosilicate glass in China had increased from 520068 MT in 2011 to 670966 MT in 2015. Borosilicate glass is created by adding boric oxide to the traditional glassmaker’s frit of silica sand, soda, and ground lime. Since borosilicate glass melts at a higher temperature than ordinary silicate glass, some new techniques were required for industrial production. Borrowing from the welding trade, burners combining oxygen with natural gas were required. The manufacturing process depends on the product geometry and can be differentiated between different methods like floating, tube drawing or moulding. Global Borosilicate Glass market share by region as following:

2. Read Full Report: http://www.gosreports.com/global-borosilicate-glass-tube-market-research-report -2016/ The report firstly introduced the Borosilicate Glass Tube basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, capacity utilization, supply, demand and industry growth rate etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. Related report: http://www.gosreports.com/global-glass-tube-fuse-market-research-report-2016/ Joanna | Executive – International Business and partner Relations E-mail: info@gosreports.com | Tel: 1-510-400-8520 Web: www.gosreports.com