Press release
Tempered Glass Market Size To Grow At A CAGR Of 7.6% In The Forecast Period Of 2024-2032
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Tempered glass, also known as toughened glass, is processed by controlled thermal or chemical treatments to increase its strength compared to normal glass. The tempering process involves heating the glass to over 600 degrees Celsius and then rapidly cooling it. This method induces compressive stresses on the surface while maintaining tensile stress inside the glass, making it much tougher than untempered glass.
The robust global tempered glass market growth is primarily driven by the rising demand in the automotive and construction industries. In automotive applications, tempered glass is extensively used inside and rear windows as well as sunroofs due to its safety characteristics and durability. The ongoing advancements in automotive safety standards globally are further stimulating the demand for high-quality tempered glass.
In the construction sector, tempered glass is a preferred material for building facades, doors, windows, and balustrades in both residential and commercial structures. As per the tempered glass market analysis, the growth in construction activities, especially in emerging economies, and the increasing emphasis on building safety are significantly contributing to the market expansion. Moreover, the trend towards more aesthetically pleasing architectural designs that incorporate large glass panels also supports the heightened demand for tempered glass.
Another vital driver for the market is its application in consumer electronics, particularly in protecting the screens of smartphones, tablets, and other portable devices. As per the tempered glass market outlook, the global sales of consumer electronics continue to surge, driven by technological advancements and consumer demand for newer, better-performing devices, the market for tempered glass is expected to see substantial growth.
Asia-Pacific dominates the global market, owing to rapid industrialisation, expanding automotive sector, and significant investments in construction and infrastructure projects. China and India are notable contributors to the regional tempered glass market expansion, propelled by urbanisation and rising standards of living. North America and Europe also hold significant shares in the global market, supported by stringent safety regulations and high demand for premium construction materials.
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The market is expected to continue its growth trajectory through the forecast period, driven by its critical role in safety and functionality across various applications. Stakeholders in the market are likely to focus on innovation, quality improvements, and expanding applications in emerging industries such as renewable energy, where tempered glass is used in solar panels, to harness further growth.
The integration of smart technologies into tempered glass is a notable trend in the tempered glass market, particularly in the construction and automotive sectors. Smart tempered glass, which can change its light transmission properties based on external conditions, is increasingly used for energy efficiency in buildings and vehicles. This glass can automatically adjust its opacity to control solar heat gain and light transmission, enhancing comfort and reducing energy costs.
As environmental concerns continue to rise, the focus on recycling and sustainability in the production of tempered glass is intensifying. Manufacturers are increasingly adopting eco-friendly practices, such as using recycled glass materials and reducing waste during the tempering process. This not only helps in minimising the environmental footprint but also aligns with global regulatory pressures and consumer preferences for sustainable products.
As the market progresses, strategic investments in production capacity expansion, technological upgrades, and mergers and acquisitions are expected to be prevalent strategies among key players to consolidate their market presence and cater to global demand effectively, which can boost the overall tempered glass market share.
Market Segmentation
The market can be divided based on type, end use, and region.
Market Breakup by Type
• Plain Glass
• Coloured glass
Market Breakup by End Use
• Automotive
• Construction
• Consumer Electronics
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global tempered glass market. Some of the major players explored in the report by Expert Market Research are as follows:
• AGC Inc.
• Saint-Gobain S.A.
• Cardinal Glass Industries, Inc.
• Guardian Industries Holdings
• Nippon Sheet Glass Co., Ltd
• Airxcel, Inc.
• Kibing Group
• SCHOTT AG
• Tomakk Glass Partners, LLC
• Others
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