“Global Laminated Glass Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global laminated glass market report has been segmented on the basis of interlayer, end-use industry, and region.
Laminated Glass Market: Introduction
Laminated glass is a glass type used for security and safety purposes. Laminated glass is manufactured by sandwiching laminated sheet between double layers of glass. Laminated glass has characteristic that it will not shatter into pieces even it falls or when any strong external force is applied on it. Laminated glasses offer advantages such as energy savings, safety, and security, soundproof, increased durability, and etc. Laminated glass is used in various end-use industries including healthcare, telecom, electronics, and aerospace, owing to increased security and safety provided by these glasses.
Laminated Glass Market: Dynamics
Increasing awareness about various benefits of offered by laminated glasses such as security, safety and energy savings in the construction industry has triggered the demand for laminated glass. Rising need of advanced laminated glass products for particular applications, rising demand from emerging regions, and increasing demand for laminated glass from end-use industries such as healthcare, electronics, aerospace, and telecom, among others, is expected to boost growth of the laminated glass. Aforementioned are the key factor expected to drive the global laminated glass market growth in the years to come.
Rising demand for laminated glass across automotive industry for manufacturing light commercial vehicles, passenger cars, buses & coaches, and heavy trucks is a key factor driving growth of the global laminated glass market. Moreover, stringent automobile safety rules and regulations is among additional factor expected to fuel revenue growth of the target market in the years to come.
However, high and fluctuating raw material cost is a major factor expected to restraint growth of the global market to significant extent.
In addition, growing trend of replacing cement, granite, and brick building exteriors globally, coupled with ongoing growth in the automotive sales in the various regions, is expected to boost demand for laminated glass in the years to come.
Laminated Glass Market: Segment Insights
Among the interlayer segments, the polyvinyl butyral segment is expected to register highest revenue share in the global laminated glass market. Polyvinyl butyral offers various properties including optical clarity, high adhesion, high tear resistance, impact absorbing, and stability to sunlight. The polyvinyl butyral segment is further estimated to register fastest CAGR over the next 10 years.
Among the end-use industries segments, the building and construction segment is estimated to register significant share in term of revenue in the global laminated glass market. Rapid growth in construction industry and high investments in the infrastructure projects in emerging economies such as China, Brazil, India, South Africa, and Russia, among others. The building and construction segment revenue is expected to register fastest CAGR in the next 10 years.
Laminated Glass Market: Region Insights
Asia Pacific market is expected to account for major share in terms of revenue in the global laminated glass market. In addition, Asia Pacific market is expected to register highest revenue growth, owing to increasing adoption of laminated glass from building and construction industry. Growing demand of laminated glass in the automotive industry in developing countries in Asia Pacific is another key factor estimated to drive growth of the laminated glass market in Asia Pacific.
Global laminated glass market segmentation:
Segmentation by interlayer:
- Polyvinyl Butyral
- Ionoplast Polymer
Segmentation by end-use industry:
- Building & Construction
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Saint-Gobain Corporation
- Asahi Fiber Glass Co., Ltd.
- Nippon Sheet Glass Company, Limited
- Sisecam Dis Ticaret A.S.
- Taiwan Glass Ind. Corp.
- Guardian Industries Corp.
- Central Glass Co., Ltd.
- Xinyi Glass Holdings Limited
- CSG Holding Co., Ltd.
- Fuyao Glass Industry Group Co., Ltd.
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