Borosilicate Glass Market: 4.1% Cagr 2020-2027
The market size of borosilicate glass is expected to increase from $957.8 million in 2019 to $1.31 billion in 2027, with a compound annual growth rate of 4.1% in the forecast period. Market growth is driven by increased demand for products such as solar tubes, laboratory equipment, cookware, and automotive glass. Borosilicate glass is popular for its durability and heat resistance. The thermal expansion coefficient of the product is very low, which makes it heat resistant and will not crack under extreme temperature changes. The silicate borate glass contains no lead and bisphenol A, which makes it more suitable for use in cooking utensils and wine cups. The beneficial product attributes make it an ideal choice for various applications.
Post time: Dec-19-2020