What is Glass Processing Equipment Market?
Breaking, cutting, drilling, and grinding glass is done with glass processing equipment. The commodity is used in a variety of industries, including food and beverage, manufacturing, consumer electronics, automotive, and others. Glass packaging is becoming more common in the food, beverage, pharmacy, and drug industries. Rising usage in the packaging of soft drinks and beer will drive the growth of the glass industry.
The market study is being classified by Type (Machinery for cutting glass, Machinery for breaking glass, Glass-grinding machine, Glass drilling machine and Others), by Application (Food & Beverage, Construction, Automotive, Consumer Electronics and Furniture and Others) and major geographies with country level break-up.
VON ARDENNE GmbH (Germany), Yihai Machinery Manufacture Limited Company (China), SK Glass Machines (India) Pvt. Ltd. (India), LandGlass (China), Bottero (United Kingdom), Foshan Datuo Glass Machinery Co., Ltd. (China), Luoyang North Glass (China) , Unity Glass Industry (India) , Biesse Group (Italy) and OCMI-OTG (Italy) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Glaston (Finland), Glasstech (India), Leybold GmbH (Germany) and Bottero (Italy).
The global market for glass processing equipment is highly fragmented. To expand their global business reach, key market players are forming strategic alliances and making strategic merger and acquisition decisions. Companies are focusing on developing advanced manufacturing machinery that can reduce the total production time. Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Glass Processing Equipment market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Glass Processing Equipment market by Type, Application and Region.
On the basis of geography, the market of Glass Processing Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Green Construction Activities
- Rising Usage in the Packaging of Soft Drinks and Beer
- Solar Control and Lightweight Glass
- Manufacturers Moving from Glass to Paper Packaging
- Growth in Food & Beverage Industry
- Rising focus on Developing Innovative Technology
- Fluctuating Raw Material Costs
In Dec 2018, Bavelloni SpA has signed an agreement for the acquisition of 100% of the shares of Glaston Tools Srl with Glaston Corporation, a Finnish company leader in the field of glass heat treatment technologies and listed on the Helsinki Stock Exchange.
Key Target AudienceGlass Processing Equipment Manufacturers, Specialized Equipment Component Suppliers, Engineering and Procurement Firms, Investment Analysts, Glass Manufacturers, End-Use Industry and Others
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