Global Glass Mold Market, By Type (Alloy Cast Iron Mold, Ordinary Cast Iron Mold, Others), By Applic

Published Date: | Report Code : EQ1955396

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The Glass Mold Market is expected to promise high growth owing to the increasing demand food & beverage industry in recent years. Increasing demand from applications including daily chemical industry, commodity industry, food & beverage industry, wine industry, and Others is expected to drive the growth of the glass mold market. This market has witnessed the number of key developments by major companies including lnhom,  Omco International,  Perego, Ross International,   Strada,  Jianhua Mould,  Zitsmann, Jinggong Mould, and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Glass molds are significant tools used to make glass bottles and utensils. The mold has a direct impact on the container’s final form. A variety of glass mold products are produced using cast iron, metal alloys and a variety of other products with excellent machinability, durability, and resistance to wear and tear. The global glass mold market is expected to high demand in the future due to the packaging of alcoholic beverages, the demand for glass bottles is particularly high.

Segment Insights:

The global glass mold market is segmented into type, application. Based on the type, this market is categories into alloy cast iron mold, ordinary cast-iron mold, others include ceramic glass mold, borosilicate glass mold. Ordinary cast iron mold is expected to high demand in this market due to it has a good strength of mechanical and thermal stress. Based on the application, the global glass mold market is divided into the daily chemical industry, commodity industry, beverage & wine Industry, others. The food & beverage industry segment is expected high demand for this market because of the rapid growth of this industry. The global glass mold market is expected to boom in the Asia Pacific region because of the increasing demand for food & drink products and high use of glass molds in packaging components production countries like India and China. 

Key Factors Impacting Market Growth:

  • Increasing the use of glass bottles for packaging of mixed drinks
  • Significant growth of the food & beverages industry
  • Growing interest for glass molds in end-use industries

Regional Analysis:

Major regions for the glass mold market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for glass mold owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be applications including daily chemical industry, commodity industry, food & beverage industry, wine industry. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the glass mold market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and the Middle East region have witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these applications including daily chemical industry, commodity industry, food & beverage industry, wine industry are estimated to register high demand for the glass mold market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the glass mold market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the glass mold market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: Inhom,  Omco International,  Perego, Ross International,   Strada,  Jianhua Mould,  Zitsmann, Jinggong Mould,  HEBEI ANDY MOULD,  ORI Mould,   Weiheng Mould,  Dameron Alloy Foundries,  UniMould,  Busellato Glass Moulds,  JCL Engineering Pte Ltd, Hunprenco Precision Engineers,  RongTai mould, Steloy Castings, Xinzhi Industry, TETA Glass Mould, Donghai Glass Mould Co., and Changshu Ruifeng Mould...

Market Segmentation:

By Application:

  • Daily Chemical Industry
  • Commodity Industry
  • Beverage & Wine Industry
  • Others  

By Type:

  •  Alloy Cast Iron Mold
  • Ordinary Cast Iron Mold
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Application
    • By Type
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Application
    • By Type
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Application
    • By Type
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Application
    • By Type
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Application
    • By Type
  • Rest of the World
    • By Region (South America, Africa)
    • By Application
    • By Type

Reasons To Buy This Report:

  • Market size estimation of the global glass mold market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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