Press release
Advanced Glass Market 2024 Trends & Regional Revenue By Top Manufacturers Guardian Industries, Saint-Gobain, Şişecam, PPG Industries, Asahi Glass Co., Ltd., Press Glass, Carlex Glass America, LLC, Metro, Schott
Advanced Glass Market
Rapid industrialization & urbanization rate in China, Brazil, and India along with favorable government schemes to boost infrastructure development will support growth of housing, construction and automotive industries, thereby stimulating advanced glass market demand.
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Global advanced glass market should surpass 85 million tons at end of 2024. Rising environmental concerns pertaining to carbon emissions and energy efficiency along with shift in consumer preference towards green buildings and safety products should positively influence advanced glass market growth.
Enormous movement of migrants to western countries with regulations regarding environmental concerns enforced by REACH and EPA for residential and non-residential buildings, should drive advanced glass market demand. Introduction of guidelines by LEED and FEMA pertaining to safety applications along with rise in per-capita middle class disposable income and living standards of consumers have further surged advanced glass market demand.
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
20. Novalglass
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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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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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.
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.
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