Press release
Advanced Glass Market Poised to Reach USD 99.23 Billion by 2030, Growing at a CAGR of 7.63%
Advanced Glass Market
The global Advanced Glass Market is witnessing significant growth, fueled by increasing applications in construction, automotive, electronics, and other industries. According to recent analysis, the market was valued at USD 56.86 billion in 2023 and is projected to grow at a robust CAGR of 7.8% from 2024 to 2030, reaching USD 98.45 billion by 2030. This press release provides insights into key regional markets, mergers and acquisitions, and the latest developments.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/29073/
Country-Specific Insights
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's construction and automotive sectors are driving demand for advanced glass, supported by rapid urbanization and industrialization. Recent investments by Saint-Gobain in Vietnam underline the country's potential. The market growth is further augmented by government incentives to promote sustainable building materials.
๐๐๐ฏ๐๐ง๐๐๐ ๐๐ฅ๐๐ฌ๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's automotive manufacturing hub positions it as a significant player in the advanced glass market. Recent partnerships between AGC Inc. and local manufacturers are boosting production capacities. Moreover, the adoption of smart glass in luxury real estate projects is a growing trend.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Japan's technological advancements and focus on energy efficiency have propelled the demand for advanced glass. Companies like Asahi Glass Co., Ltd. are spearheading innovation in the sector. The growing emphasis on solar control and safety applications is shaping market trends.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/29073/
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐'๐ฌ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐ฅ๐๐ฌ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
China's dominance in manufacturing and export of advanced glass is evident with strategic mergers like Xinyi Glass Holdings Limited's acquisition of local players. The country's focus on renewable energy projects andconstruction is driving demand for advanced glass solutions.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐๐ซ๐ค๐๐ญ
South Korea is integrating advanced glass technologies into its smart city initiatives. Collaborations between KCC Corporation and tech firms are enabling innovations in smart glass applications. The electronics sector also contributes significantly to market growth.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Singapore's eco-friendly building policies and urban development plans are creating opportunities for advanced glass manufacturers. Companies like Nippon Sheet Glass have established a strong presence, supported by the government's commitment to green building certifications.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/29073/
๐๐๐ฏ๐๐ง๐๐๐ ๐๐ฅ๐๐ฌ๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US market benefits from robust R&D investments and adoption of advanced glass in aerospace and defense sectors. Recent mergers such as Guardian Glass acquiring specialty glass startups highlight market consolidation. The trend of energy-efficient commercial buildings is also boosting demand.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐ฅ๐๐ฌ๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Europe's stringent energy regulations are promoting the use of advanced glass. Companies like Pilkington are focusing on innovations in triple-glazed and insulated glass. The automotive sector's shift toward electric vehicles is further driving the market.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Saint-Gobain announced a major investment in expanding production capacity in Southeast Asia.
AGC Inc. introduced a new range of UV-resistant glass targeted at automotive applications.
Asahi Glass Co., Ltd. partnered with solar panel manufacturers to integrate advanced glass solutions.
Xinyi Glass Holdings Limited completed a strategic acquisition to strengthen its market presence in China.
Guardian Glass unveiled smart glass technologies for sustainable buildings in the US.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/advanced-glass-market/29073/
Advanced Glass Market Segmentation
by Type
Laminated Glass
Coated Glass
Toughened Glass
Others
by Sector
Commercial Construction
Residential Construction
Infrastructure
Automobiles
Electronics
Sports
Leisure
Others
by End Use
Safety & Security
Fire Rated
Solar Control
High Performance
Others
Advanced Glass Market Key Players
1. Pittsburgh Plate Glass Industries
2. Asahi Glass Co.
3. Saint Gobain
4. Corning Inc.
5. Nippon Sheet Glass Co., Ltd
6. Guardian Industries
7. Sisecam Group
8. Xinyi Glass Holdings Limited
9. Fuyao Glass Industry Group Co., Ltd.
10. Gentex Corporation
11. Advanced Glass and Mirror, Inc.
12. Huihua Glass Co. Limited
13. Koch Industries
14. Tyneside safety Glass
15. Sherwin Williams Company
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