Global Tempered Glass Market Opportunity, Demand, Recent trends, Major Driving Factors and Business Growth Strategies Forecast to 2028

Global Tempered Glass Market to Grow due to High Demand for Electronics and Consumer Goods

Increasing demand for Tempered Glass in the automotive and electronic industries among consumers in developing regions is expected to propel industry growth over the forecast period.

Tempered glass is produced by controlled thermal processes or chemical treatment to increase its strength as compared to annealed glass. The product is extensively used in numerous applications including passenger vehicle windows, shower doors, refrigerator trays, and architectural doors and tables. Moreover, it is used as a component in the production of mobile screen protectors, bulletproof products, cookware, and diving masks on account of superior properties including high strength and safety features.

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Saint-Gobain, NSG Group, Guardian Industries, Asahi Glass Company (AGC), AFG Industries, PPG Industries, Pilkington, Shanghai Northglass Technology & Industry Co., Ltd., Cardinal FG, AYG Coating Glass Co., Ltd., Nippon Sheet Glass, Koch Industries, Vitro, DURATUF GLASS INDUSTRIES PVT.LTD., Press Glass, Xinyi Auto Glass, Schott AG, GSC GLASS LTD, Independent Glass Co Ltd., Oldcastle Building Envelope, Tianjin CSG Architectural Glass Co., Ltd., Tyneside Safety Glass, and Fuyao Group are some of the major players in the Tempered Glass market.

Key Takeaways of the Tempered Glass Market Study

1. Tempered glass is used when strength, thermal resistance, and safety are required. In passenger vehicles, plane tempered glass is essentially required, as they are subjected to consistent heating and cooling as well as dramatic temperature changes.

2. Moreover, tempered glass is used in buildings in skylights, near doorways and stairways, large windows, windows, which extend close to floor level, sliding doors, elevators, fire department access panels, and near swimming pools.

3. Additionally, tempered glass is used as a protective case for mobile screens. The global tempered glass market is expanding rapidly with the growing construction and automotive industries.

4. The growing use of tempered glass in furniture is also boosting the global tempered glass market. Additionally, increasing the use of tempered glass as a mobile screen protector is also driving the global tempered glass market.

5. Asia Pacific is expected to be the fastest-growing regional tempered glass market in terms of revenue during the forecast period. The region is expected to witness significant growth in the automobile industry on account of rising vehicle manufacturing in India, China, and Malaysia.

Notable Development Trends to Open up New Horizons of Growth for Tempered Glass Market
The leading market players are focused on product development as well as the strategies such as collaboration and partnership with competitors of research institutes or with government support agencies to enhance the market share during the forecast period.
• March 28, 2019 – For users of all iPhones, including the recently announced iPhone X, iPhone XR, iPhone Xs and iPhone Xs Max, smartphone accessories manufacturer Belkin unveils its ScreenForce Tempered Glass Screen Protection product in India.

• March 29, 2016 – Spyglass™ is designed to shield the screen and private data from people around, while still offering optimal screen protection for the device with tempered glass. BodyGuardz, leader in mobile device protection accessories, announces the launch of its new two-way privacy tempered glass screen protector.

Major points covered in the report:

1. An overview of the market, including background and evolution
2. Macroeconomic factors moving the Tempered Glass market and its prospective growth
3. Tempered Glass Market dynamics, such as drivers, challenges, and trends
4. Detailed value chain analysis of the Tempered Glass market
5. The cost structure of the products and segments covered in the study
6. In-depth pricing analysis, by key product segments, regions and by major market participants
7. Market Study of supply and demand, manufacturing and consuming regions, overall trade scenario with imports/export details
8. Analysis of the market structure, including a tier-wise categorization of key market participants
9. Competitive landscape of the Tempered Glass market, including detailed profiles of the top players in this market

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Market Segmentation:
By Type:
• Colored Glass
• Transparent Glass
• Opaque Glass

By Application:
• Residential
• Commercial
o Construction
o Automobile
o Others

By Region:
• North America
o By Country (US, Canada, Mexico)
o By Type
o By Application

• Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Application

• Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Application

• Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Application

• Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Application

• Rest of the World
o By Region (South America, Africa)
o By Type
o By Application

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This release was published on openPR.