Enhanced thermal, mechanical, & optical properties are major factors that drive the growth of the borosilicate glass market across the globe.

Portland, OR -- (SBWire) -- 12/12/2017 --Borosilicate glass contains 520% of boric oxide (B2O3) and 6585% silicate. Enhanced thermal shock resistance, significant mechanical strength, increased aqueous durability & chemical resistance, electrical neutrality, formability, lower gas melting temperature, improved resistance to devitrification during processing are some properties of borosilicate glass, which make it ideal for various applications across numerous end-user industries.

Laboratory glasses and microwave dishes, which feature high thermal shock resistance are dependent on borates to control their thermal expansion coefficients. Substrate glass and cover glass for photovoltaic cells have specific performance and quality requirements, which are met by utilizing specialized borosilicate glasses that offer high strength to weight ratio, surface compatibility with electronics materials, and impact resistance. Evacuated solar collector tubes utilized for solar water heating rely upon ease of formability, impact resistance, and durability of borosilicate glass. Some solar power generation stations present in hot countries utilize large number of borosilicate collector tubes to collect reflected radiation from parabolic mirrors for electricity generation in steam turbines.

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Rise in disposable income and surge in number of solar projects in emerging economies such as China and India further fuel the market growth. Oxygen gas torch is required for the production of borosilicate glass. However, due to high oxygen cost in some countries and prohibition of having oxygen tanks without appropriate permits hinder the market growth. Research collaborations and ongoing R&D activities have resulted in enhanced crushing strength features and mechanical integrity of borosilicate glass, which are expected to provide potential growth opportunities for market expansion.

The report segments the borosilicate market on the basis of type, application, and geography. Based on type, the market is divided into non-alkaline earth borosilicate glass, alkaline earth containing borosilicate glasses, and high-borate borosilicate glasses. By application, it is classified into heat-resistant glass panels, display screens, lighting glass, sealing glasses, neutral glasses, cosmetic containers, solar glass, glass microspheres, and other specialty glasses. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

- This report provides a quantitative analysis of the current trends and future estimations from 2017 to 2023 of the global borosilicate glass market to identify the prevailing market opportunities.
- Major countries in each region are mapped according to individual market revenue.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- An in-depth analysis of current research & clinical developments within the market is provided with key dynamic factors.
- Key players and their key developments in the recent years are listed.