Global Sealing Glass Market Growth 2023-2029
To manufacture hermetic and highly insulating electrical seals between different materials such as metal or ceramics, the use of sealing glasses is wide spread in the electronics industry. Sealing glasses typically have a processing temperature of 800–1000°C. Sealing glasses mostly belong to the borosilicate and aluminosilicate glass families. To manufacture reliable hermetic seals, the correct choice of coefficient of thermal expansion (CTE) is a key factor. The applied glass composition depends on the materials which should be joined, the required temperature profile as well as their CTE. For matched seals, the CTE of the glass is matched as closely as possible to those of the sealing partners. In case of compression seals, a well-defined mismatch of the CTE is used intentionally to compress the sealing materials onto each other. Solder glasses, also referred to as frit glasses, are special glasses with a particularly low softening point (below 550°C). They are used to join glass to other glasses, ceramics, or metals without thermally damaging the materials to be joined. To ensure stress-free sealing, the coefficient of thermal expansion (CTE) needs to be closely matched to the sealing partners.
LPI (LP Information)' newest research report, the “Sealing Glass Industry Forecast” looks at past sales and reviews total world Sealing Glass sales in 2022, providing a comprehensive analysis by region and market sector of projected Sealing Glass sales for 2023 through 2029. With Sealing Glass sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sealing Glass industry.
This Insight Report provides a comprehensive analysis of the global Sealing Glass landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sealing Glass portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sealing Glass market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sealing Glass and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sealing Glass.
The global Sealing Glass market size is projected to grow from US$ 323.8 million in 2022 to US$ 442.6 million in 2029; it is expected to grow at a CAGR of 442.6 from 2023 to 2029.
Global Sealing Glass key players include Schott AG, Elan Technology, AGC, Nippon Electric Glass, Johnson Matthey, etc. Global top five manufacturers hold a share about 80%. Asia-Pacific is the largest market, with a share about 45%, followed by Europe and North America, both with a share about 25 percent. In terms of product, Low Temperature Type is the largest segment, with a share about 60%. And in terms of application, the largest application is Electronics and Semiconductors, followed by Battery, Home Appliances, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Sealing Glass market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
High Temperature Sealing Glass
Low Temperature Sealing Glass
Segmentation by application
Battery
Electronics and Semiconductors
Home Appliances
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schott AG
Elan Technology
AGC
Nippon Electric Glass
Johnson Matthey
Corning
Fusite (Emerson)
3M
Mo-Sci
Shenzhen SAM
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sealing Glass market?
What factors are driving Sealing Glass market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sealing Glass market opportunities vary by end market size?
How does Sealing Glass break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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