Advanced Glass Market Latest trends to 2024 By Top Manufacturers Guardian Industries, Saint-Gobain, Şişecam, PPG Industries, Asahi Glass Co., Ltd., Cardinal Glass Industries, Press Glass, Schott, Carlex Glass America, LLC, Metro Performance Gl
Prominent manufacturers in advanced glass market space include NSG, Guardian Industries, Saint-Gobain, Glaze-Tech Industries, PPG Industries, AGC, and Sisecam Group. Industry participants are focusing on R&D to develop and expand product range and making strategies to size up production capacities to strengthen regional and global presence.
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Advanced Glass Market size is set to surpass USD 110 billion by 2024. North America, with steady growth in the U.S. advanced glass market size should surpass 2 billion square meters during the forecast period. Shift in builder’s trends towards environmental protection, safety, natural insulation and security in the buildings along with widespread of usage of recyclable and environmental friendly materials should positively influence regional industry growth. Advanced glass possesses various characteristics such as superior solar control performance, transmission and absorption properties, thereby enhancing the energy effectiveness of the buildings, resulting into increased advanced glass market demand.
UK coated glass market size from non-residential buildings should witness significant gains close to 3% during the foreseeable timeframe. Stringent regulations by EU Commission pertaining to energy savings and CO2 emissions along with enhanced usage of product in hospitals, commercial buildings, offices and institutions to minimize the use of air conditioners and promote renewable energy resources should fuel regional advanced glass market growth.
- Growth drivers are
• North America: Growth in energy efficient building projects
· Growth in passenger and commercial vehicle production
· Increase use of glass in building facades along with growth in construction projects
• Asia Pacific:
· Increase in infrastructure spending
· Rise in automobile sales along with increase in vehicle manufacturing capacities
• LATAM: Growth Acceleration Program in construction and transportation sectors in Brazil
• MEA: Government support on recycling of used glass
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Laminated glass market demand from automotive windshield application should register gains at over 6.5% by 2024. These products are widely used in the windscreens as they offer improved driver vision during bad climatic conditions such as ice, rain, mud and fog. The products are resistant to impact and shock with the ability to absorb sun rays up to 99.9% and minimize UV transmission. Increasing automotive manufacturing base in China and India, and established transport industry in Europe along with visibility & visual comfort, thermal comfort, acoustic comfort, style and taste of these products in vehicles should positively impact advanced glass market demand.
Toughened glass market demand from greenhouse applications should surpass USD 1 billion during the projected timespan. The product is used for both walls and roofs for agricultural greenhouses. Superior properties such as high transparency & high conductivity of light and heat along with allowance to trap energy into greenhouse to warm air, plants & water, should catalyze advanced glass market growth.
Low emissivity coated glass market demand from automotive windshield applications may exceed USD 3.2 billion by 2024. The product provides high strength and does not break up into small sharp pieces in case of accidents. Low E offers low surface emissivity and it absorbs and re-radiates less light and heat, thus making it suitable for automotive windscreen applications. Increased R&D spending on development of these products and being used in automotive rear and side view mirrors which should drive advanced glass market size.
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India advanced glass market size from solar control glass applications is likely to register growth close to 5.5% during the projected timespan. These products permit sunlight to pass through them, but restricting the solar heat inside the building. Shift in consumer preference towards sustainable energy resources along with reduction in air-conditioning environment of offices and other commercial buildings to save energy will boost advanced glass market demand in the country.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Saint-Gobain S.A.
2. Asahi Glass Co., Ltd.
3. Guardian Industries
4. Pilkington Group Limited
5. Shanghai North Glass Technology Industrial Co., Ltd.
6. PPG Industries, Inc.
7. Cardinal Glass Industries, Inc.
8. Virginia Glass Products Corporation
9. Press Glass SA
10. FUSO Glass
11. Abrisa Technologies
12. Sisecam Group
13. Shree Rang Glass
14. Bulit Glass Ltd.
15. Tyneside Safety Glass
16. Schott AG
17. Nippon Sheet Glass Co. Ltd.
18. Xinyi Glass Holdings Limited
19. Qingdao Kangdeli Industrial & Trading Co., Ltd
21. Glaze-Tech Industries
22. Central Glass Co., Ltd.
23. Metro Performance Glass
24. Independent Glass Co., Ltd.
25. Syracuse Glass Company
26. GrayGlass Company
27. Scheuten Glas Nederland B.V.
28. Euroglas GmbH
29. Sangalli Vetro Manfredonia S.p.A.
30. Aeon Industries Corporation Ltd.
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