Press release
Robust Growth in Laminated Glass Market: Expectations Pegged at $34.24 billion by 2029 with CAGR of 8.1%
Laminated Glass Market
Laminated Glass Market Projected to Witness Strong Growth Driven by Construction Sector and Technological advancements
What Is The Projected Market Size Of The Global Laminated Glass Market And Its Growth Rate?
• The market size grew from $23.41 billion in 2024 to $25.03 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%.
• This growth is attributed to growing demand for value-added glass products, demand for lightweight glass in vehicles, the construction industry growth, stringent safety regulations in automotive and buildings, and strategic approaches adopted by key players.
• The laminated glass market size in the forthcoming years is expected to grow strongly, reaching $34.24 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%.
• Driving factors for this growth include research and development activities, automotive glass comfort, safety, visibility, smart glass integration, demand in emerging markets, urbanization, and infrastructure development.
What Is Driving The Growth In The Laminated Glass Market?
The surge in demand for laminated glass in the construction industry is a key growth driver for the laminated glass market. Replacing conventional materials like cement, brick, and granite with glass in building exteriors is trending, resulting in an increased demand for laminated glass. The strength, sound reduction, and impact resistance attributes of laminated glass have resulted in its widespread usage in commercial and residential buildings. For instance, according to Oxford Economics, the value of construction work is set to rise from $9.7 trillion in 2022 to $13.9 trillion by 2037, propelled by major construction markets - China, the U.S., and India. Therefore, the significant growth in the construction sector combined with the high demand for laminated glass will fuel the growth of the laminated glass market during the forecast period.
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Who Are the Key Players Driving Laminated Glass Market Growth?
These are the major companies in the laminated glass market:
• Saint-Gobain S. A.
• Fuyao Glass Industry Group Co. Ltd.
• Asahi India Glass Ltd.
• Guardian Industries Corp.
• Taiwan Glass China Holding Ltd.
• Xinyi Glass Holdings Limited
• Nippon Sheet Glass Co. Ltd.
• Turkiye Sise ve Cam Fabrikalari AS
• China Southern Glass Holding Limited
• Cardinal Glass Industries Inc.
• Central Glass Co. Ltd.
• Schott AG
• Flair International Ltd.
• Euroverre Inc.
• Gentex Corporation
• Press Glass Sa
• Asahi Glass Co. Ltd.
• Pilkington Group Limited
• Vitro, S. A. B. de C. V.
• China Luoyang Float Glass Group Co. Ltd.
• Euroglas GmbH
• Sangalli Servomotori S. r. l.
• Shanghai Yaohua Pilkington Glass Group Co. Ltd.
• Tyneside Safety Glass Co. Ltd.
• AJJ Glass Products Co. Ltd.
• Emerge Glass India Pvt. Ltd.
• Fuso Glass India Pvt. Ltd.
• GSC Glass Ltd.
• Hindusthan National Glass & Ind. Ltd
• PPG Industries Inc.
What Are The Key Trends In The Laminated Glass Market?
A few trends in the laminated glass market include:
• Digital printing on glass.
• Energy-efficient glazing.
• Biophilic design.
• Technological advancements.
• Lightweight materials.
What Are The Segments Of The Global Laminated Glass Market?
The market is segmented by:
1) Type: Polyvinyl Butyral (PVB), Sentryglas Plus (SGP), Ethylene-Vinyl Acetate (EVA), Other Types
2) Interlayer: Polyvinyl Butyral, Ionoplast Polymer, Other Interlayer Types
3) Applications: Building and Construction, Automotive, Electronics, Solar Panels, Other Applications
Which Region Leads The Laminated Glass Market?
Asia-Pacific was the largest region in the laminated glass market in 2024. It is also predicted to be the fastest-growing region in the forecast period. The regions included in the analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Laminated Glass Market Global Market Report?
- Market Size Analysis: Analyze the Laminated Glass Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Laminated Glass Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Laminated Glass Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Laminated Glass Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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