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Advanced Glass Market Brief Analysis On Top Key players Like Asahi Glass Co., Saint Gobain, Advanced Glass & Mirror, Inc.,PPG Industries, Nippon Sheet Glass Co., Ltd., Corning Inc., Guardian Industries, Sisecam Group & Others

04-16-2019 07:22 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Advanced Glass Market

Advanced Glass Market

The global Advanced Glass Market is expected to garner $70,254 million by 2022, registering a CAGR of 7.0% during the period 2016-2022. Asia-Pacific advanced glass market is expected to grow at the highest CAGR during the forecast period. The global advanced glass market is highly fragmented with major players focusing on agreements, expansions, and product launches. Increase in demand for safety and security is expected to drive the global advanced glass market in the near future. In addition, the presence of stringent safety codes in automotive industry is anticipated to fuel demand for advanced glass during the analysis period.

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Advanced glass is a specialized grade of glass, which possesses characteristics such as high durability, UV resistance, design versatility, security, sound reduction, and others for specific end-use applications. The toughness of these glasses is derived from specialized chemical and mechanical process.

The growth of the global advanced glass market is driven by development of construction industry and rise in demand for value-added products in certain end-use industries such as automobile & construction. In addition, increase in urbanization has fueled the demand for housing & commercial buildings, which in turn is expected to boost the market growth in the near future. Moreover, wide range of designs and safety offered by advanced glass are projected to propel its demand during the analysis period. However, volatility in raw material prices is expected to restrain the growth of the market. In addition, the advanced glass industry in Europe is anticipated to be impacted by the construction sector crisis.

Coated glass held more than one-third of the total market share in 2015, and is expected to maintain its dominance during the forecast period. This is attributed to the development of construction industry worldwide. In addition, the introduction of new product designs is expected to propel the growth of this segment in the near future.

Building & construction and automotive end-use industries dominated the global advanced glass market with more than half of the market share, in terms of volume, in 2015. Stringent regulations in construction and automotive sector pertaining to safety codes is anticipated to drive the advanced glass market during the analysis period.

Key Findings and Scope of the Advanced Glass Market Report

• In terms of value, the solar control segment is expected to grow at a CAGR of 8.3% during the forecast period.
• North America is projected to maintain its lead throughout 2022, and registering a CAGR of 6.2%, in terms of value.
• Building & construction end-use industry approximately occupied more than one-third of the total market in 2015.
• China occupied approximately two-fifths of the total Asia-Pacific advanced glass market in 2015.
• China is expected to grow at the fastest rate, growing at a CAGR of 10.5%, in terms of value.

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In 2015, Asia-Pacific and North America collectively accounted for more than half of the total advanced glass market, and are expected to continue this trend, specifically in China, India, and other developing economies. Development in building & construction sector is the major factor for the growth of the market in Asia-Pacific.

The key companies profiled in the report include Asahi Glass Co., Saint Gobain, Advanced Glass & Mirror, Inc., PPG Industries, Nippon Sheet Glass Co., Ltd., Corning Inc., Guardian Industries, and Sisecam Group.

Table Of Content

Chapter: 1. INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY
2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top winning strategies
3.3. PORTERS FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Development of construction industry
3.4.1.2. Rise in demand for value-added products in specific end-use industries
3.4.1.3. Increase in urbanization
3.4.2. Restraints
3.4.2.1. Volatile nature of raw material prices
3.4.2.2. Construction sector crisis
3.4.3. Opportunities
3.4.3.1. Wide range of designs....

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About us

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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