Press release
Advanced Glass Global Market 2025: Surging Growth in Automotive Industry and Green Buildings Drive Market Expansion
What Is The Projected Market Size Of The Global Advanced Glass Global Market Report 2025 And Its Growth Rate?
Key data points for the advanced glass market include:
- Market size of $70.46 billion in 2024 growing to $76.5 billion in 2025.
- Compound annual growth rate (CAGR) of 8.6% from 2024 to 2025.
- Strong growth attributed to focus on energy efficiency, automotive industry growth, solar energy applications, government regulations and standards, and consumer preferences for aesthetics.
- Expected growth to $102.81 billion in 2029 at a CAGR of 7.7%.
- Growth drivers in the forecast period include popularity of electric vehicles, global efforts for energy conservation, health and safety concerns in public spaces, demand for high-performance displays, and circular economy initiatives.
What Is Driving The Growth In The Advanced Glass Global Market Report 2025?
The rapid expansion of green buildings is propelling the advanced glass market. Advanced architectural glass is instrumental in green buildings for achieving credit points in six Leadership in Energy and Environmental Design (LEED) categories. It aids in reducing energy consumption for heating, cooling, and artificial lighting. In 2023, more than 100,000 LEED-certified projects covering over 11 billion gross square feet were approved globally. The growing automotive industry is also significantly contributing to the market growth, with advanced glass playing a crucial role in enhancing safety, comfort, and overall vehicle performance.
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Who Are the Key Players Driving Advanced Glass Global Market Report 2025 Growth?
Key players in the advanced glass market include:
- Saint-Gobain S.A.
- PPG Industries Inc.
- Kyocera Corporation
- AGC Inc.
- Corning Inc.
- Hoya Corporation
- Guardian Industries LLC
- Fuyao Glass Industry Group Co. Ltd.
- Xinyi Glass Holdings Limited
- Schott AG
- Vitro S.A.B. de C.V.
What Are The Key Trends In The Advanced Glass Global Market Report 2025?
Foreseen trends in the advanced glass market include:
- Innovations in coated glass technologies.
- Lightweight automotive glazing.
- Sustainable and recyclable glass solutions.
- Integration of augmented reality in glass manufacturing.
- Advancements in glass nanotechnology.
What Are The Segments Of The Global Advanced Glass Global Market Report 2025?
The advanced glass market is segmented into:
1) By Type: Laminated Glass, Tempered Glass, Ceramic Glass, Other Types
2) By Application: Solar Control, Safety And Security, Optics And Lighting, High Performance, Other Applications
3) By End-Use: Construction, Infrastructure, Automobiles, Electronics, Other End-Uses
Which Region Leads The Advanced Glass Global Market Report 2025?
In 2024, North America held the largest share in the advanced glass market. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa.
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What Is Covered In The Advanced Glass Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Advanced Glass Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Advanced Glass Global Market Report 2025 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 Advanced Glass Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Advanced Glass Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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