Global Glass Beads Market Research Report 2020
Glass beads are small glass products used in road transportation industry, polishing & shot peening industry, aerospace industry, automotive industry, etc. Glass beads are important materials of reflecting materials and thermal insulating material. Glass beads are made of borosilicate materials. Glass beads generally have particle size of 10~250 μm and thickness of 1~2μm.
In the past several years, the glass beads industry enjoyed a fast development due to many road construction projects. With the development, the global total capacity of glass beads is about 1.65 million MT and the actual output is about 1.27 million MT.
The demand of road reflective materials occupied the largest share of glass beads market. These roads need maintenance annually, so the demand is rather stable. And with building new roads, the demand will increase stably.
International giants like 3M and Potters can provide high end products used in aerospace industry and automotive industry. USA is a major supplier and a major consumption market of glass beads. But with the development of Chinese glass beads industry, the USA glass beads industry was impacted.
In China, Hebei was the major production base of low-refractive glass beads in the last few years. But due to the strict environmental policies and high energy cost, manufacturers were moved to northeast China, where the price of gas is low.
The high-refractive glass beads manufacturers are located in east China and south China, and they generally have high technology and high profitability. But these manufacturers can just have low production due to the limited market demand.
In the next years, Chinese glass beads industry will get larger development. There will be more manufacturers producing high-end glass beads products and the price will also be lower.
Market Analysis and Insights: Global Glass Beads Market
The global Glass Beads market is valued at 1914.4 million US$ in 2020 is expected to reach 2459 million US$ by the end of 2026, growing at a CAGR of 3.6% during 2021-2026.
Global Glass Beads Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Soild
Hollow
Other
Segment by Application
Reflective meterial
Industry polishing& meterial
Thermal insulating meterial
Other
Global Glass Beads Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Glass Beads market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Glass Beads Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Potters, Swarco, 3M, Sigmund Lindner, Avery Dennison, Sovitec, Unitika, Weissker, Gakunan Kohki, Blastrite, Sinosteel, Shanxi Hainuo, Daqing Lutong, Jiangyou Mingrui, Hebei Chiye, Taizhou Yaohua, Langfang Olan, Shijiazhuang Xuyang, Langfang Yuanzheng, Jiangxi Sunflex, Jingong SiLi, etc.
In the past several years, the glass beads industry enjoyed a fast development due to many road construction projects. With the development, the global total capacity of glass beads is about 1.65 million MT and the actual output is about 1.27 million MT.
The demand of road reflective materials occupied the largest share of glass beads market. These roads need maintenance annually, so the demand is rather stable. And with building new roads, the demand will increase stably.
International giants like 3M and Potters can provide high end products used in aerospace industry and automotive industry. USA is a major supplier and a major consumption market of glass beads. But with the development of Chinese glass beads industry, the USA glass beads industry was impacted.
In China, Hebei was the major production base of low-refractive glass beads in the last few years. But due to the strict environmental policies and high energy cost, manufacturers were moved to northeast China, where the price of gas is low.
The high-refractive glass beads manufacturers are located in east China and south China, and they generally have high technology and high profitability. But these manufacturers can just have low production due to the limited market demand.
In the next years, Chinese glass beads industry will get larger development. There will be more manufacturers producing high-end glass beads products and the price will also be lower.
Market Analysis and Insights: Global Glass Beads Market
The global Glass Beads market is valued at 1914.4 million US$ in 2020 is expected to reach 2459 million US$ by the end of 2026, growing at a CAGR of 3.6% during 2021-2026.
Global Glass Beads Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Soild
Hollow
Other
Segment by Application
Reflective meterial
Industry polishing& meterial
Thermal insulating meterial
Other
Global Glass Beads Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Glass Beads market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Glass Beads Market:
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Potters, Swarco, 3M, Sigmund Lindner, Avery Dennison, Sovitec, Unitika, Weissker, Gakunan Kohki, Blastrite, Sinosteel, Shanxi Hainuo, Daqing Lutong, Jiangyou Mingrui, Hebei Chiye, Taizhou Yaohua, Langfang Olan, Shijiazhuang Xuyang, Langfang Yuanzheng, Jiangxi Sunflex, Jingong SiLi, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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