Advanced Glass Market 2022 - Newly Invented Technologies that Finds Wide Variety of Applications to 2028

Advanced glasses are specialized grades of glass made from soda ash, natural gas, and silica sand. They are manufactured using advanced technologies and substances having superior properties such as resistant to UV rays, anti-graffiti, anti-shattering, durability, manifested glass for privacy, among others. It undergoes a specialized chemical and mechanical process to meet the needs of specific applications. Depending upon the composition and method of production, these glasses are classified into coated glass, laminated glass, ceramic glass, tempered glass, among others. Wide applications of these glasses in various sectors, such as building and construction, automotive, electronics, aerospace, and defense, are driving the growth of the market during the forecast period.

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The electronics industry primarily drives the growth of the advanced glass market. It is used in the number of devices such as mobile, laptops, tablets, among others. Tempered glass is extensively used across these devices owing to its superior properties such as high electrical conductivity, durability, toughness, low breakability-ratio, etc. The surge in demand for portable devices such as radios and other silicon-based devices is further increasing the advanced market growth across the globe. Apart from this, the advanced glass is utilized in the automobile sector for mirrors, windscreen, and other auto parts. They offer high durability and strength, which helps to build a cost-effective vehicle. Thus, the rise in demand for value-added products among the automobile and electronics industries is propelling the growth of the market.

However, high raw material prices resulting in high manufacturing cost is expected to hamper the growth of the market during the forecast period. Laminated, toughened, and reinforced glass is widely used in construction. Thus, the extensive growth of the building and construction industry in various regions, especially Asia-Pacific, is expected to provide new opportunities for the advanced glass market.

MARKET SCOPE

The "Global Advanced Glass Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the advanced glass with detailed market segmentation by type, application, end-use industry and geography. The global advanced glass market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading advanced glass market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global advanced glass market is segmented on the basis type, application and end-use industry. On the basis of type the advanced glass market is segmented coated glass, laminated glass, ceramic glass, tempered glass and others. By application the advanced glass market is segmented high performance, solar control, safety and security, optics and lighting and others. By end-use industry the advanced glass market is segmented into building and construction, automotive, electronics, aerospace & defense and others

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global advanced glass market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The advanced glass market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the advanced glass market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the advanced glass market in these regions.

MARKET PLAYERS

1. Asahi Glass Co., Ltd.
2. Saint-Gobain
3. ADVANCED GLASS and MIRROR, INC.
4. American Precision Glass Corp.
5. Nippon Sheet Glass Co., Ltd.
6. Corning Incorporated
7. Guardian Industries
8. SISECAM GROUP
9. Packerland Glass Products
10. Schott AG

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This release was published on openPR.