Borosilicate glass is a type of glass in which silica and boron trioxide are the main constituents in the formulation of glass.
Borosilicate glass contains 81% silica, 12% boric oxide, 5% soda and 2% alumina.
It is manufactured by melting & combining silica sand, boric oxide, alumina and soda ash.
Borosilicate glasses are known for having very low coefficients of thermal expansion (~3 × 10−6 K−1 at 20 °C), making them resistant to thermal shock, more so than any other common glass.
Borosilicate glass also has high chemical corrosion resistance, high mechanical strength and low gas melting temperature.
Borosilicate glass has a variety of applications ranging from cookware to laboratory equipment. In addition, borosilicate glass is widely used in medical implantable devices as well as electronic devices.
Borosilicate glass is also used in solar panels and is a major part of the Wafer Glass Market used for MEMS, Image Sensors and Semiconductors
Borosilicate glass is manufactured under several trade names, which include Pyrex, Borosil, Supermax, Endural, etc.
Sales of Borosilicate glass is expected to surge from US$ 2.03 Billion in 2022 to US$ 4 Billion in 2032. The industry is projected at a CAGR of 7% during the forecast period from 2022- to 2032. The growth of the market can be attributed to the development of the solar power industry.
Based on the product, the non-alkaline-earth borosilicate glass segment is expected to garner significant market share during the forecast period. The growth of the market can be accredited to the benefits offered such as thermal and chemical resistance, surface performance, and flawless light transmission. The product is gaining significant traction for the purpose of piping, flasks, glass containers, and glass tubing. The product is expected to witness substantial demand from the chemical industry, thereby, strengthening the segmental growth in the forecast period.
The increasing demand for borosilicate glass in the electronic and semiconductor industry is expected to play a significant role in driving the market in the forecast period. Increased consumption of electronic devices with the rise in disposable income is expected to propel market growth in the forecast period
The rapid development of the solar power industry is anticipated to play a key role in driving the market during the forecast period.
Growing environmental regulations across the globe is likely to surge demand for solar energy, thus, propelling demand for borosilicate glass.
Countries like Germany, China, Spain, and the United States have some of the largest solar resources across the globe.
Players in the global borosilicate glass market include Corning Incorporated, AGC Inc., SCHOTT AG, Swift Glass, Hangzhou AiJia‘s Glass Products Co., Ltd., Borosil Glass Works Ltd., Hilgenberg GmbH, Gerresheimer AG, Noble Glass Works Pvt. Ltd., and Kavalier.
Global Borosilicate Glass Industry Research Report, Competitive Landscape, Market Size, Regional Status and Prospect
The global Borosilicate Glass market size was valued at USD 1083.14 million in 2021 and is expected to expand at a CAGR of 4.55% during the forecast period, reaching USD 1414.5 million by 2027. Borosilicate Glass Tubes market size USD 1.1 billion in 2020, at a CAGR of 9.8% during the forecast period 2020-2030
The global wafer glass market size was valued at US$ 312.6 Mn in 2021 It is estimated to grow at a CAGR of 18.5% from 2022 to 2031 and reach US$ 1.6 Bn by the end of 2031
Glass wafers are thin precision glass discs that are typically made of borosilicate glass, quartz, or fused silica and are utilized as a substrate carrier for bonding silicon and other substrates. Glass wafers are also used in display engineering and display glass inspection systems. Glass wafers offer several advantages over silicon wafers, which include low electrical loss, better warp management, and the potential to optimize processes. Wafer glass are employed in various applications such as wafer packaging, substrate carrier, and TGV interposer.
Glass wafers are increasingly being used as a technological component of MEMS, image sensors, and other electronics applications as an alternative to silicon wafers. Glass wafers protect these sensitive components by preventing corrosion and other damage.
Based on wafer type, the global wafer glass market has been segmented into quartz, silica, borosilicate, and others.
The borosilicate segment held 46.7% share of the market in 2021, and it is anticipated to dominate the market during the forecast period. Borosilicate glass is strong and durable, hence suitable for different applications. It is less expensive than other types of wafer glass. The borosilicate segment is likely to maintain its dominance during the forecast period, owing to an increase in adoption in semiconductor devices, optical lenses, optical filters, and sensors applications.
Rise in demand for glass wafers from MEMS and image sensors is anticipated to fuel the global wafer glass market in the next few years.
A large market potential for semiconductor glass wafers has been created by the emergence and growth of the Internet of Things (IoT).
Additionally, consistent R&D activities for the development of glass substrates in last few years have prompted numerous players to produce novel, ground-breaking, cost-effective, and efficient products with better design.
Wafer-level packaging technology has been gaining popularity for the last few years, replacing traditional individual-piece packaging. Consequently, the demand for glass as a carrier substrate in packaging is increasing.
Key manufacturers of wafer glass are focused on the development of products with diameters between 25mm and 300mm in order to gain lucrative opportunities. This is because glass wafers with such physical dimensions are more frequently used for MEMS and image sensor applications.
In June 2022, Corning Inc. announced the introduction of its new Ultra-Low TTV Glass Carrier Wafers, which enable advanced semiconductor manufacturing as well as applications for 5G connectivity.
Of the segments MEMS, image sensors, semiconductors, and others. The image sensors segment dominated and held 38.2% share of the global business in 2021. Increase in demand for image sensors in smartphones, laptops, tablets, TVs, and surveillance cameras is projected to fuel the segment in the next few years.
Furthermore, increase in usage of image sensors in ADAS systems in a vehicle is also contributing to the image sensor segment growth. The image sensor uses a glass wafer for wafer-level capping, which is bonded to the image sensor wafer through an adhesive bonding process.
AGC Inc., Bullen, Coresix Precision Glass, Inc., Corning Incorporated, Nippon Electric Glass, Plan Optik AG, Samtec, Inc., SCHOTT AG, Shin-Etsu Chemical Co., Ltd, and Swift Glass are the prominent entities operating in the global wafer glass market.
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