Tempered Glass Market Worth USD 66.87 billion with CAGR of 5.21% during 2014 - 2023 | Top Most Players | Fuyao Glass Industry Group Co Ltd, Saint-Gobain, Euroglas, Guardian Industries, AGC Group, Nuclear Suppliers Group and Sisecam Group.

A research study titled, “Tempered Glass Market by application - global industry analysis and forecast to 2023” published by crystal market research.

Major Leading Players:
The leading players in the market are Fuyao Glass Industry Group Co Ltd, Saint-Gobain, Euroglas, Guardian Industries, AGC Group, Nuclear Suppliers Group and Sisecam Group.

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Market Highlights- Tempered Glass Market
The global Tempered Glass Market was worth USD 42.34 billion in 2014 and is expected to reach approximately USD 66.87 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.21% during the forecast period.
Expanding awareness with respect to the benefits of tempered glass in the electronic and automotive industry among consumers in developing areas is anticipated to impel industry development over the gauge period. Tempered glass is produced by synthetic treatment or controlled thermal procedures to build its quality when compared with annealed glass. The product is useful in various applications including passenger vehicle windows, architectural doors and tables, shower doors, mobile screen protectors, a component in the manufacturing of bullet proof products, refrigerator trays, diving masks and cookware by virtue of predominant properties including high quality and security highlights.

Market Segmentation
Application Outlook- Tempered Glass Market
Automotive was the biggest application section and was assessed more than 1,000.0 million square meters in 2014. Rising usage of the product in the production of backlights and windows is foreseen to impel the demand of the product over the figure time frame. However, the product faces an aggressive burden when to contrast with and laminated glass as it is stronger to breakage and involves more prominent capacities as far as weight resistance. Construction is anticipated to witness beneath normal development over the forecast period.

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Market Analysis by Regions
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

Regional Outlook and Trend Analysis
Based on region, Europe tempered glass market was the biggest market in 2014 representing over 35.0% of the total volume. Astounding development in the automobile sector has prompted significant demand in the region. Western Europe countries, particularly France, United Kingdom and Germany are the biggest applicants of tempered glass. Asia Pacific is anticipated to be the fastest-developing region in the following years. The region is anticipated to encounter significant development in the automobile sector on account of rising vehicle manufacturing in China, India and Malaysia.

Reason to Buy –

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the Tempered Glass Market, thereby allowing players to develop effective long term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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