Press release
Tempered Glass Global Market Report 2024 - By Report, Size, Share, Trends, Demand, Forecast To 2033
Tempered Glass
The Business Research Company offers in-depth market insights through Tempered Glass Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The tempered glass market size has grown strongly in recent years. It will grow from $61.03 billion in 2023 to $65.96 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growth in commercial construction, growing demand for high-performance motorcycles, automotive safety standards, architectural safety regulations, growth of the consumer electronics industry.
The tempered glass market size is expected to see strong growth in the next few years. It will grow to $88.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing adoption of electric vehicles, rise in smart home technology, expansion of aerospace industry, increase in renovation projects, sustainability initiatives. Major trends in the forecast period include advancements in manufacturing technology, curved and shaped glass designs, privacy glass technology, anti-reflective coatings, frameless glass installations.
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Market Segmentation:
The tempered glass market covered in this report is segmented -
1) By Shape: Flat Tempered Glass, Bent Tempered Glass
2) By Type: Plain Glass, Coloured Glas
3) By End Use Industry: Automotive, Construction, Electrical And Electronics, Other End Use Industry
Major Driver - Mobile Phone Accessories Market Surges Growing Demand For Tempered Glass
The increasing use of tempered glass in mobile phone accessories propels the growth of the tempered glass market. Consumers often view mobile phones as premium products and are willing to spend on external accessories such as tempered glass screen protectors. Tempered glass products have emerged as the most widely used screen protection technology over the years due to their high quality and multi-layered, shock-absorbent properties. The increasing use of tempered glass in mobile phone accessories to sustain durability and reduce the chances of screen damage will drive the demand for tempered glass.
Competitive Landscape:
Major companies operating in the tempered glass market report are Saint-Gobain SA, Dlubak Specialty Glass Corporation, Guardian Industries Corp., Asahi Glass Co. Ltd., PPG Industries Inc., AFG Industries Inc., Pilkington Brothers Limited, Cardinal Glass Industries Inc., Shanghai Northglass Technology & Industry Co. Ltd., AYG Coating Glass Co. Ltd., Abrisa Technologies Co., Airxcel Inc., Asahimas Flat Glass Tbk, GSC Glass Ltd., Hindustan National Glass & Industries Limited, Koch Industries Inc., Nippon Sheet Glass Co. Ltd., Press Glass Holding SA, Turkiye Sise ve Cam Fabrikalari AS, Vitro Corp., Fuyao Glass Industry Group Co. Ltd., Xinyi Glass Holdings Limited, Schott AG, Shanghai Yaohua Pilkington Glass Group Co. Ltd., Euroglas GmbH, Huihua Glass Co. Ltd., Jinjing Group Co. Ltd., Luoyang Glass Company Limited, Sangalli Servomotori Srl, Shandong Jinjing Science and Technology Stock Co. Ltd., Shandong Yaohua Glass Co. Ltd., Sisecam Flat Glass Ltd., Taiwan Glass Industry Corp., Tianjin CSG Architectural Glass Co. Ltd., Trulite Glass & Aluminum Solutions LLC, Viracon Inc.
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Top Trend - Innovative Glass Manufacturing Advancements In Tempered Glass Production
Tempered glass manufacturers using new, advanced technologies for manufacturing glass is a key trend in the market. For example, low-temperature glass joints for optics and precision mechanics are increasingly being used by glass manufacturers. This process was developed in collaboration with Fraunhofer IOF, a leading institute for Applied Optics and precision engineering, and Vistec Electron Beam GmbH, a leading company for advanced electron-beam lithography. These stable and strong inorganic joints produced by this new process ensure high mechanical strength with minor optical losses.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Tempered Glass Market Characteristics
3. Tempered Glass Market Trends And Strategies
4. Tempered Glass Market - Macro Economic Scenario
5. Tempered Glass Market Size And Growth
…..
27. Tempered Glass Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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