Advanced Glass Market is expected to grow at a robust CAGR
Global
Advanced Glass Market is expected to grow owing to increase in building and
construction activities, and growth in the automotive industry and its
manufacturing bases throughout the forecast period.
According
to TechSci Research report, “Advanced
Glass Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast 2018-2028”, the Global Advanced Glass Market is
expected to register robust growth during the forecast period. The growing demand for urbanization has
resulted in an increase in building and construction activities, as well as growth
in the automotive industry and its manufacturing bases. These factors are
expected to drive the Advanced Glass Market in the predicted years.
Furthermore, the rising need for infrastructural development across various
sectors, which requires the use of value-added materials to meet design
flexibilities, is anticipated to provide a significant boost to the market in
the coming years. Additionally, the market is expected to benefit from the rise
in energy-efficient towers and the increased utilization of mirrors and
windscreens in the automotive sector during the forecasted period.
Opportunities
are available for manufacturers to embrace cleaner and sustainable production
processes, minimizing waste generation, and integrating recycled materials into
advanced glass products. The development of efficient recycling methods for
advanced glass products can significantly contribute to a circular economy,
thereby reducing the environmental impact associated with glass disposal.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global Advanced Glass Market."
Based
on function, Safety
& Security segment is expected to dominate the market during the forecast
period. Continuous technological advancements have greatly enhanced the
performance of safety and security glass. Essential products such as laminated
glass and toughened glass have been meticulously engineered to withstand
impacts, remain intact, and prevent shattering. These features make them
indispensable components of safety and security systems. Another commonly
utilized product is tempered glass, which undergoes heat treatment to bolster
its strength and impact resistance. In the event of breakage, tempered glass
fractures into small, blunt pieces, significantly reducing the risk of injury.
This type of glass is frequently employed in windows and doors. The
architectural and building sector represents a substantial market for safety
and security glass. Its applications extend to commercial buildings, government
facilities, airports, schools, and residential properties. Safety and security
glass is employed in windows, doors, partitions, and facades to safeguard
against break-ins, natural disasters, and other threats. Military and defense
applications necessitate the use of advanced safety and security glass in
armored vehicles, military aircraft, and facilities. This specialized glass
provides protection against ballistic threats, explosions, and extreme environmental
conditions. In summary, the safety and security segment of the global advanced
glass market is propelled by mounting safety concerns, stringent regulations,
and ongoing technological advancements. Products like laminated glass, tempered
glass, and specialized glass variants find diverse applications in sectors
including architecture, automotive, retail, and defense.
Based
on product type, Toughened Glass segment is projected to dominate the market
throughout the forecast period. Toughened glass plays a vital role in the
automotive industry, serving as a critical component for windshields, side
windows, and rear windows. Its exceptional strength and safety properties
ensure passenger safety and compliance with automotive safety regulations. In
the consumer electronics sector, toughened glass is extensively utilized,
particularly in the production of smartphone screens and tablet displays. The
increasing demand for durable and scratch-resistant screens has led to the
widespread adoption of toughened glass in this industry. Low iron toughened
glass, with its reduced iron content, offers remarkable clarity and minimal
color distortion, making it the preferred choice for applications where color
accuracy is crucial, such as high-end architectural projects and displays.
Reflective toughened glass, on the other hand, features a metallic coating that
reflects a significant portion of incoming solar radiation. This type of glass
is utilized in energy-efficient building designs and provides privacy by
creating a one-way mirror effect. Furthermore, there is a surging demand for
eco-friendly toughened glass products that have a reduced carbon footprint.
Manufacturers are actively exploring sustainable materials and production
methods to meet this growing demand. In summary, the toughened glass segment in
the global advanced glass market is driven by its exceptional safety features,
durability, and versatility in various applications. As the construction,
automotive, and consumer electronics industries continue to prioritize safety
and energy efficiency, the demand for toughened glass is projected to remain
robust.
Key
market players in the Global Advanced Glass Market are:-
- AGC
Inc.
- Compagnie
de Saint-Gobain S.A.
- Corning
Incorporated
- Fuyao
Glass Industry Group Co. Ltd.
- Gentex
Corporation, Koch Industries Inc.
- Nippon
Sheet Glass Co. Ltd.
- Schott
AG
- Xinyi
Glass Holdings Limited
- Murata
Manufacturing Co., Ltd
- American
Precision Glass Corp.
Download
Free Sample Report
Customers can also request for 10% free customization on
this report.
“The
Advanced Glass Market in Asia Pacific is poised to be the dominant force in the
industry. The Asia-Pacific region has emerged as a prominent global center for
automotive manufacturing. Cutting-edge glass technologies are seamlessly
incorporated into vehicles to enhance safety, comfort, and aesthetics.
Specialized advanced glass products are essential for features like HUDs
(Head-Up Displays), large infotainment screens, and panoramic sunroofs. The
increasing proliferation of electric and autonomous vehicles in the region
further amplifies the need for lightweight and energy-efficient glass
solutions.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Advanced
Glass Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented
By Function (Safety & Security, Solar Control, Optics & Lighting and
High Performance), By Product Type (Coated Glass, Laminated Glass, Toughened
Glass and Ceramic Glass), By End Use Industry (Building & Construction,
Aerospace & Defense, Automotive, Electronics and Others), By Region, By
Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth
potential of Global Advanced 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 Advanced Glass Market.
Contact
Techsci Research
LLC
420 Lexington
Avenue, Suite 300,
New York, United
States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com