Global Glass Bubbles Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Glass Bubbles Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Glass Bubbles, also called hollow glass microspheres, microbubbles, or microballoons, are typically made out of soda-lime-borosilicate glass blend formulation and provide the benefits of low density, high heat and chemical resistance. The walls of glass bubbles are rigid and typically have the thickness of 10% of the diameter of the sphere. Spherical microparticles are currently available in a broad range of densities from as low as 0.06g/c3 to as high as 0.80g/c3 and sizes from 5um to 180um in diameter. The crush strength of the glass bubbles is determined by the thickness of the walls and, as expected, the higher the sphere density the higher the crush strength. The lightweight hollow glass bubbles are chemically stable, noncombustible, nonporous, and have excellent water resistance.

Market Overview:

The latest research study on the global Glass Bubbles market finds that the global Glass Bubbles market reached a value of USD 1755.08 million in 2023. It’s expected that the market will achieve USD 2532.97 million by 2029, exhibiting a CAGR of 6.31% during the forecast period.

Wide range of applications and further increase in the application areas of glass bubbles

Glass bubbles are finely dissipated, free-streaming fine particles created by dissolving a unique glass equation which comprises of an inert blowing specialist which makes the liquefied glass particles swell into an empty air pocket. The subsequent glass bubbles are water-safe, and viable and synthetically stable with different materials that are utilized for aberrant food contact applications. In the coming years, material innovation has developed to make bubbles with high solidarity to thickness proportion, subsequently empowering its utilization in requesting polymer handling activities. Further, growth in multiple other applications such as plastics, paints, and life sciences further pushes the market growth.

Risk of increasing market competition

After years of technical accumulation and re-development, the products of glass bubbles have been gradually recognized by customers, and are currently mainly used in oil and gas field extraction, automobile manufacturing, functional coatings, aerospace and other industries. In the future, with the gradual maturation of production technology, the gradual expansion of application areas, new manufacturers continue to join, the existing glass bubble market participants who are unable to maintain and enhance the research and development capabilities, improve product quality, expand the field of application, will face the risk of increased market competition.

Region Overview:

In 2022, the share of the Glass Bubbles market in Europe stood at 33.84%.

Company Overview:

3M
3M Company conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company businesses share technologies, manufacturing operations, marketing channels, and other resources. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films etc.

Potters Industries

Potters Industries, LLC produces engineered glass materials. The Company manufactures glass beads for highway safety, industrial and specialty applications for light-reflective lane markings found on highways around the world. The firm develops product lines that include hollow glass microspheres used as weight-reducing fillers, automotive body putties, as extenders in adhesives and paints and coating formulations and are used as sensitizers in industrial explosives. It also produces engineered glass materials serving the oil and gas Industry, polymer additives, highway safety, and conductive particle markets.

3M is one of the major players operating in the Glass Bubbles market, holding a share of 20.95% in 2023.

Segmentation Overview:

Among different product types, Uncoated segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Construction Composites segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Glass Bubbles market covered in Chapter 3:

3M
Shanxi Hainuo Technology Co.Ltd.
Potters Industries
Sinosteel Maanshan New Material Technology
Sigmund Lindner
Kish Company
Zhongke Huaxing New Material
Trelleborg
Zhengzhou Hollowlite Materials Co., Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Glass Bubbles market from 2019 to 2030 is primarily split into:

Uncoated
Coated

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Glass Bubbles market from 2019 to 2030 covers:

Automotive
Aerospace
Chemical
Construction Composites
Other Industries

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)