Glass Mold Market Growth Size is Estimated to Grow at Incredible CAGR till 2027
                     Glass Mold Market Growth Size is Estimated to Grow at Incredible CAGR till 2027
Glass is used in for manufacturing bottles, containers, vials, syringes, and ampoules among others. 
Glass molds play an important role in manufacturing of glass products such as ampoules, syringes 
and vials. Glass is preferred for these application as it tends to not react with the contents that are 
present in the package, thereby maintaining the life of the chemical or medicine. Hence, 
manufacturers are looking at glass packing solutions to improve the shelf life of the product.
Increasing demand for glass products such as jars, glass accessories, and glass lab-wares for 
application in various end-use industries such as chemical, food & beverages, healthcare, consumer 
electronics, and cosmetics. Therefore, significant increase in demand of glass wares is expected to 
boost glass mold market during the forecast period. Demand for glass bottles is especially high for 
packaging of alcoholic beverages, resulting in rampant growth of the glass molding industry. 
According to the Glass Packaging Institute, beer was the largest segment for glass bottles, 
representing nearly 57% of the total market in 2016 in the U.S.
Market Dynamics
Among end-use industries, the chemical segment is expected to account for significant market share
in the global glass mold market. In 2018, the segment accounted for 13.7% share in the global glass 
mold market in terms of revenue. Beakers, cylinders, colored & clear bottles, flasks, burettes, 
pipettes, and various other lab-wares have extensive demand in chemical industries. In addition to 
lab-wares, amber glass bottles and jars are used for storing light sensitive chemicals in order to 
maintain quality of chemicals.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-
insight/glass-mold-market-2618
Market Outlook
The global glass mold market was valued at US$ 802.5 million in 2018, and is expected to register a
CAGR of 3.0% in terms of revenue over the forecast period (2019 – 2027), to reach US$ 1,042.0 
million by 2027.
North America accounted for the largest market share in the global glass mold market in 2018, due 
to favorable growth of the pharmaceutical industry in the region. According to International Trade 
Association, pharmaceuticals is one of the largest, R&D intensive industries in the U.S. The 
research-based industry invests over 15-20% of the total revenue generated on R&D per year (over 
US$ 50 Billion in 2016). Moreover, total sales of pharmaceuticals in Canada are expected to 
increase to US$ 20.3 billion by 2020.
Key players in Glass Mold Market
Major players operating in the glass mold market include, Omco International N.V., Changshu 
Weiheng Mould Manufacture Co. Ltd., Changshu Jianhua Mould Technology Co. Ltd., Rayotek 
Scientific Inc., Jinggong Mould Manufacturing Co. Ltd., Rochester Precision Optics LLC., Razi 
Glass Group, Kopp Glass Inc., G. M. Engineers & Fabricators Private Limited, Slumpy's -The 
Glass Mold Company, and others.
Detailed Segmentation:
•Global Glass mold Market, By Mold Type:
•Alloy Cast Iron
•Ordinary Cast Iron
•Others
•Global Glass mold Market, By End-use Industry:
•Chemical
•Food & Beverages
•Healthcare
•Others
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides 
syndicated research reports, customized research reports, and consulting services. We are known for
our actionable insights and authentic reports in various domains including aerospace and defense, 
agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and 
an exhaustive list of sub-domains under the sun. We create value for clients through our highly 
reliable and accurate reports. We are also committed in playing a leading role in offering insights in 
various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our 
clients.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837