DUBLIN--(BUSINESS WIRE)--The "Glass Scintillator Market Analysis, by Product (Natural Lithium Depleted Lithium, Enriched Lithium), by Application (Oil & Gas, Nuclear Power Plant), by Region and Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global glass scintillator market is expected to reach USD 27.86 million by 2025
Increasing need for safety requirements in nuclear power plants is key growth factor to drive glass scintillator market growth. In addition, rising demand from North America region is further propelling the demand over the forecast period.
Lithium based glass scintillator are used for wide variety of radiation detection applications in nuclear industry. They are also being used in oil & gas industry for logging while drilling (LWD) and measurement-while-drilling (MWD), during the exploration process. The growth in exploration activity is also one of the reasons for increased demand.
In terms of revenue, oil & gas accounted as the largest application segment in 2016 and is anticipated to continue its trends with a growth rate of 3.1% over the forecast period. Increasing need for formation evaluation to enhance the productivity of drilling operations is expected to drive the market.
The demand for glass scintillators is expected to boost owing to the growth in various end-use industries in the North America region. The increased demand is driven by the growing application of glass scintillators in industries such as oil & gas exploration and nuclear power plant.
The shale oil boom in the region coupled with the use of various techniques such as logging- while-drilling (LWD) and measurement-while-drilling (MWD) is an important market driver. These methods require accurate and reliable data measurement, which can be accomplished with the aid of glass scintillators. These factors together are expected to boost the glass scintillator demand over the forecast period.
Key players including Saint-Gobain Ceramics & Plastics, Inc., Scintacor Ltd and GeeBee International have a prominent presence in the global glass scintillator market.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Glass Scintillator Market Variables, Trends & Scope
Chapter 4. Glass Scintillator Market: Product Estimates & Trend Analysis
Chapter 5. Glass Scintillator Market: Application Estimates & Trend Analysis
Chapter 6. Glass Scintillator Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Chapter 8. Company Profiles
- Albemarle Corporation
- Collimated Holes Inc.
- Dynasil Corporation
- Epic Cystal Co. Ltd
- Food Machinery Corporation (FMC) Ltd.
- Gee Bee International
- Hamamatsu Photonics
- Hitachi Metals Ltd.
- Nihon Kessho Kogaku Ltd.
- Rexon Components & TLD Systems Inc.
- Saint-Gobain Ceramics & Plastics, Inc.
- Scintacor Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/st86sw/glass