Global Laminated Glass Market is expected to grow at a robust CAGR.
Global
Laminated Glass Market is expected to grow owing to growing demand from end-use
industries including construction and automobile throughout the forecast period.
According
to TechSci Research report, “Laminated
Glass Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast 2018-2028”, the Global Laminated Glass Market is
expected to register robust growth during the forecast period. The market for laminated glass is being
driven by factors such as increasing demand from the construction and
automotive industries, growing popularity among constructors, and its expanding
range of applications in both exterior and interior settings.
Ongoing
research and development endeavors are driving technological advancements in
the manufacturing of laminated glass. Emerging interlayer materials, coatings,
and processing techniques are enhancing the performance and aesthetics of
laminated glass, expanding its potential applications. Notably, advancements in
acoustic laminated glass are effectively addressing concerns related to noise
pollution, making it well-suited for urban environments and high-traffic areas.
These remarkable developments are opening up new opportunities in various niche
markets.
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over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global
Laminated Glass Market."
Based
on material type, the
Polyvinyl Butyral segment is expected to dominate the market during the
forecast period. The PVB segment holds significant importance and serves as a
crucial component of the global laminated glass market. The market for PVB
interlayer materials is projected to grow in parallel with the overall
laminated glass market. The growth of the PVB segment is driven by various
factors, including the increased adoption of laminated glass in diverse
applications such as construction, automotive, and aerospace. The construction
sector stands as the largest consumer of laminated glass with PVB interlayers.
The utilization of laminated glass in building facades, windows, skylights, and
balustrades has gained popularity due to safety regulations, energy efficiency
requirements, and aesthetic considerations. PVB interlayers provide exceptional
safety features to laminated glass, rendering it resistant to shattering, which
is crucial in construction applications. The automotive industry also
represents a significant consumer of PVB interlayer materials. Safety
regulations in many countries mandate the use of laminated glass, particularly
in windshields. PVB interlayers are preferred for their ability to maintain the
integrity of glass in the event of an accident. With the global automotive
industry, especially in the Asia-Pacific region, experiencing growth, the
demand for laminated glass with PVB interlayers is also increasing. PVB
interlayers play a vital role in safety and security applications such as
bullet-resistant glass, blast-resistant glass, and hurricane-resistant windows.
These specialized applications require laminated glass with thicker PVB
interlayers to provide superior protection. As concerns regarding safety and
security continue to rise worldwide, the demand for laminated glass with enhanced
PVB interlayers for such applications is expected to rise accordingly.
Based
on end use, the Iron & Steel segment is projected to dominate the market
throughout the forecast period. The iron and steel segment plays a pivotal role
in the global laminated glass market, particularly in the production of steel
frames and support structures for architectural applications. Iron and steel
are vital materials that provide structural support and framing for the
installation of laminated glass in various architectural elements such as
windows, doors, facades, curtain walls, and skylights. These steel components
ensure the stability, safety, and durability of laminated glass installations. The
construction sector is the primary consumer of iron and steel components in the
laminated glass market. The growth of the construction industry worldwide,
especially in urban areas and high-rise buildings, has driven the demand for
laminated glass and the accompanying iron and steel structures. The use of
laminated glass in construction is motivated by safety regulations, energy
efficiency requirements, and architectural trends. In addition to their
functional properties, iron and steel components can be customized to meet
architectural and design preferences. Steel frames and support structures can
be tailored to various design styles and aesthetics, enhancing the overall
appearance of laminated glass installations. This customization capability
aligns with the increasing demand for visually appealing and distinctive architectural
designs.
Key market players in the Global Laminated Glass Market are:-
AGC
Inc.
Asahi
India Glass Limited
Cardinal
Glass Industries, Inc
Central
Glass Co., Ltd.
Fuyao
Group
GSC
GLASS LTD
Guardian
Industries Holdings
Nippon
Sheet Glass Co. Ltd.
Saint-Gobain
Stevenage
Glass Company Ltd.
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“The
Laminated Glass Market in Asia Pacific is poised to be the dominant force in
the industry. Asia-Pacific countries, notably Japan and South Korea, are
renowned for their cutting-edge glass manufacturing technologies. These
technological advancements enable manufacturers to create premium laminated
glass with diverse functionalities, including acoustic insulation, UV
protection, and thermal efficiency. As consumer preferences become increasingly
sophisticated, innovative laminated glass products are poised to experience
heightened demand.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based global management consulting firm.
“Laminated
Glass Market – Global Industry Size, Share, Trends, Opportunity, and Forecast
Segmented
By Material Type (Polyvinyl Butyral, Ethyl Vinyl Acetate, Ionoplast Polymer and
Others), By Application (Automobile Windshields, Bank Security & ATM
Booths, Jewellery Shops, Residential Buildings and Others), By End Use Industry
(Building & Construction, Automotive, Solar Panels and Others), By Region,
By Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth
potential of Global Laminated Glass Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Laminated Glass Market.
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