Tempered Glass Market Growth By 2024 | Top Key Playas - Saint-Gobain S.A., Asahi Glass Co. Ltd., Guardian Industries, Pilkington Group Limited

Tempered glass market is poised to record immense traction on account of rising demand from the construction and automotive sectors. In the commercial construction sector, builders often prefer tempered glass over other alternatives as it is four to five times stronger than annealed glass.

Increasing awareness about the benefits of energy-efficient infrastructures and rising GHG emissions have influenced the adoption of solar thermal panels, which are mainly made up of tempered glass, for electricity generation. Besides, pioneering features of tempered glass like anti-breakage properties and resistance to thermal breakage could support its industry growth over the forthcoming years. According to Global Market Insights Inc, tempered glass market size is expected to surpass USD 40 billion by 2024.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2297

In terms of application, the tempered glass market is bifurcated into automotive, construction, home appliances, greenhouse, and gadgets. Mounting production of commercial and passenger vehicles in APAC regions like India, Japan, and China could improve the dynamics of tempered glass market in automotive sector. In fact, the product’s demand is projected to cross USD 11 billion solely from the automotive sector.

In vehicles, tempered glass is mainly used installed in the side and rear windows to ensure passenger safety from potential injuries and accidents. In order to work effectively, tempered glass is required to be heated through several chemical procedures trailed by instant cooling. After this, the glass gains the ability to get shattered in unhazardous pebble-like fragments.

Proliferating application in bookshelves, tabletops, television stands, side tables construction and cabinets could boost the use of tempered glass in the furniture industry. Estimates suggest that the demand for tempered glass market in the furniture industry could gross USD 1.3 billion by 2024. Surging household expenditure to enhance the aesthetics of home interior could stimulate tempered glass industry share over the coming years.

Table of Contents (ToC) of the report:

Chapter 6. Company Profiles

6.1. Saint-Gobain S.A.
6.1.1. Business Overview
6.1.2. Financial Data
6.1.3. Product Landscape
6.1.4. SWOT Analysis
6.1.5. Strategic Outlook

6.2. Asahi Glass Co., Ltd.
6.2.1. Business Overview
6.2.2. Financial Data
6.2.3. Product Landscape
6.2.4. SWOT Analysis
6.2.5. Strategic Outlook

6.3. Guardian Industries
6.3.1. Business Overview
6.3.2. Financial Data
6.3.3. Product Landscape
6.3.4. SWOT Analysis
6.3.5. Strategic Outlook

6.4. Pilkington Group Limited
6.4.1. Business Overview
6.4.2. Financial Data
6.4.3. Product Landscape
6.4.4. SWOT Analysis
6.4.5. Strategic Outlook

6.5. Shanghai North Glass Technology Industrial Co., Ltd.
6.5.1. Business Overview
6.5.2. Financial Data
6.5.3. Product Landscape
6.5.4. SWOT Analysis
6.5.5. Strategic Outlook

6.6. PPG Industries, Inc.
6.6.1. Business Overview
6.6.2. Financial Data
6.6.3. Product Landscape
Continue...

Meanwhile, mounting demand for toughened glass in electronic devices like smartphones, laptops, and tablets could expand the horizon of tempered glass industry. Tempered glass is mainly used to protect product display from possible scratches and falls. With rising usage of smartphones by the young worldwide, the gadget applications segment in tempered glass market is predicted to generate more than 5% gains by 2024.

Taking the topographical trends into consideration, North America is expected to lead the global tempered glass market, while recording more than 4% growth by 2024. The regional market is mainly dominated by Canada and the U.S., while its growth is subject to increasing federal spending on infrastructure facilities and high economic conditions.

Request for customization @ https://www.gminsights.com/roc/2297

As in Europe, the tempered glass market, which is hugely controlled by the UK, France and Germany, is expected to surpass USD 9.5 billion over the predicted timeframe. Factors such as increasing construction activities in the residential sector due to a massive influx of immigrants into western European nations like the Netherlands and Germany may fuel product demand. Apart from this, a rich presence of automobile giants like Audi, BMW and Mercedes could positively impact the prospects of Europe tempered glass market.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

This release was published on openPR.