Sealing Glass is expected to grow at a CAGR of roughly 4.5% over the next five years
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In terms of revenue, the global market for sealed glass in 2017 was US$278.66 million, compared with US$394.42 million in 2025, and the compound annual growth rate between 2017 and 2025 was 4.44%. In 2017, the sales of the sealing glass industry was 16,888.48 tons, and it is expected to reach 26,471.14 tons by 2025. The compound annual growth rate from 2017 to 2025 is 5.78%. Glass - Metal seals have been used for more than a hundred years, sealing from early Houskeeper or vacuum tubes, and advancing elaborate SOFC fuel cells, and more. Glass - Ceramics - Metal seals are a recent development that offers unique performance for potentially diverse applications.
The main participants include Schott AG, Elan Technology, AGC, Nippon Electric Glass, Johnson Matthey, Corning, Fusite (Emerson), 3M, Mo-Sci Corporation, Shenzhen SAM, and the like.
Leading companies have the advantages of better performance, richer product types, better technology and impeccable after-sales service. Therefore, they occupy most of the market share of the high-end market. Looking forward to the next few years, the price trend of slow down in recent years will remain unchanged. As competition intensifies, the price gap between different brands will narrow. Similarly, gross margins will fluctuate.
The industry is expected to continue to be innovation-led, with frequent acquisitions and strategic alliances being adopted as key strategies for players to increase industry influence. The market remains mature and clearly concentrated. At the same time, optimize product mix, further develop value-added capabilities, and maximize profits. Manufacturers can take advantage of this by strengthening their production units and supply chains to avoid any delays in production turnaround time (TAT) and supply-delivery time.
Significant and lasting obstacles make access to this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirements; (v) unfair competition methods during the transition period.
Despite the competition issue, investors are still optimistic about this area due to the obvious global recovery trend, and more new investments will enter the field in the future. Even so, the market is fiercely competitive. The research team recommends that new entrants have only funds and no technical advantage, and upstream and downstream support does not enter this area.