Sodium borosilicate is a glass material consisting of sodium, silica, and boron trioxide and is commonly used as laboratory glassware. Sodium borosilicate is resistant to thermal shock and has high melting point. The boric oxide content in sodium borosilicate affects the glass properties in a particular way. The density of sodium borosilicate is less due to the lower atomic mass of the boron atom. Sodium borosilicate finds application in the glass industry, electronics, optics, and cookware due to its significant mechanical, thermal, electrical, optical, chemical, and viscous properties.
The main factor which drives the sodium borosilicate market is the growing research and development sector in which laboratory experiments are done using sodium borosilicate glassware. The use of sodium borosilicate in scientific lenses is also creating a positive impact on the growth of the market. The growing demand for photovoltaic modules and solar collectors also positively impacts the global sodium borosilicate market. Another driver of sodium borosilicate is the construction sector due to the increasing application of glasses for special components. Rising demand from the packaging industry is positively influencing the sodium borosilicate market. The demand for energy efficient glass production techniques plays a significant role in enhancing the market. Recent advancements in the automotive industry also provides an opportunity to the sodium borosilicate market to grow further.
In terms of application, the sodium borosilicate market is segmented as glass, health and science, electronics, cookware, and optics. Glass industry in which sodium borosilicate is mainly used is sub segmented as flat glass, container glass, continuous filament glass fiber, domestic glass, and special glasses. On the basis of raw materials used, sodium borosilicate can be segmented as formers which are used as the main ingredients which are crystalline in nature, fluxes which are used to lower the temperature, and stabilisers which prevent sodium borosilicate glass from breaking or falling apart. Batching process and forming process is the segmentation in terms of manufacturing processes. In the batching process, raw materials are pulverized and granulated to uniform particle size and stored in batch towers. In the forming process, glass acquires a particular shape with the help of machines that can blow, press, and roll.
The global sodium borosilicate market has witnessed decent growth in 2015 and this is expected to continue during the forecast period (2016-2024). In terms of region, the market has been segmented into Asia Pacific, North America, and Europe. In the Asia Pacific region, China is the major player due to the growing research and development activity in the country. North America and Europe are the significant players in the sodium borosilicate market due to the rising demand from research and development and technical advancements. Middle East and Latin America are growing markets for sodium borosilicate owing to recent technical developments in these regions.
Key players of the global sodium borosilicate market include SCHOTT AG, Corning Inc., kavalierglass, a.s, Kimble Applications Ltd, REFMEX GL, Jiangsu Yuansheng Solar Water Heater Co. Ltd, MAXOS, Huailai Tianyuan Special Type Glass Co. Ltd, Huailai Tianyuan Special Type Glass Co. Ltd, and Sunshore Solar Energy Co., Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.