Analysis of the current situation of glass microbead industry and the prospect of glass microbeads
From 2015 to 2019, the global hollow bead market continued to grow. In 2019, the global market scale exceeded US $3 billion and the sales volume exceeded 1 million tons. In 2019, the main sales areas of hollow glass beads are Europe, North America and Asia Pacific, with sales scale of US $1560 million, US $1066 million and US $368 million respectively, accounting for 49.11%, 33.57% and 11.58% of the market scale respectively.
With the continuous progress of technology, the application depth in various industries is also gradually deepened, which has brought a lot of market demand for high-performance hollow glass beads. In 2020, the market scale of hollow beads in the world and China is expected to be US $2.756 billion and US $145 million. It is expected that the market scale of hollow beads in the world and China will increase to US $4.131 billion and US $251 million by 2026.
With its good product performance and low market price, the application demand of hollow beads in the market is increasing, and the market scale is also expanding. Hollow glass beads are the most widely used bead products in the hollow bead market, and their application range is also extremely broad. In the future, with the progress of product technology and industrial application technology, the application fields of high-performance hollow glass beads will be further expanded, such as 5g base station and new energy vehicles. 3M company launched a new hollow glass bead product suitable for 5g field. As the newest member of 3M high-strength hollow glass bead product series, the new product is a high-frequency high-speed (hshf) resin additive with excellent performance and low signal loss, which can be used in the composite materials of 5g equipment and components.
Post time: Apr-19-2022