The global Glass Beads market was valued at 1889.51 Million USD in 2021 and will grow with a CAGR of 3.69% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

Soild

Hollow

By Applications:

Reflective Material

Industry Polishing & Material

Thermal Insulating Material

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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