Glass Beads Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
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.
The Global Glass Beads Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Glass Beads Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
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
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Soild
Hollow
Other
In Market segmentation by applications :
Reflective meterial
Industry polishing& meterial
Thermal insulating meterial
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Glass Beads Market for the forecast period 2023 - 2030?
• What are the driving forces in the Glass Beads Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Glass Beads industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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