Press release
Transformative Trends Impacting the Tempered Glass Market Landscape: Innovative Glass Manufacturing Advancements In Tempered Glass Production
Tempered Glass
How Large Will the Tempered Glass Market Size By 2025?
In recent times, the tempered glass market has seen robust growth. The market is forecasted to grow from a valuation of $63.84 billion in 2024 to an estimated $67.51 billion in 2025. This represents a compound annual growth rate (CAGR) of 5.8%. A number of factors have contributed to this growth during the historical period, including growth in commercial construction, increased demand for high-performance motorcycles, the enforcement of automotive safety standards, architectural safety regulations, as well as the expanding consumer electronics industry.
How Big Is the Tempered Glass Market Size Expected to Grow by 2029?
The market for tempered glass is predicted to experience robust expansion in the forthcoming years, reaching a market value of $89.67 billion by 2029 and growing at a compound annual growth rate (CAGR) of 7.4%. This projected growth during the forecasted period could be due to factors such as the growing acceptance of electric vehicles, the surge in smart home technologies, the extension of the aerospace industry, an increase in remodeling activities, and sustainability initiatives. The forecast period is likely to see significant trends like the development of manufacturing technology, the creation of curved and shaped glass designs, the advent of privacy glass technology, anti-reflective treatments, and installations of frameless glass.
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Which Key Market Drivers Powering Tempered Glass Market Expansion and Growth?
The growth of the tempered glass market is being fueled by its rising usage in mobile phone accessories. Many consumers perceive mobile phones as high-end products and are prepared to invest in external accessories like tempered glass screen protectors. Over time, tempered glass items have become the most popular screen protection technology due to their superior quality and multi-layered, shock-absorbing characteristics. The drive for tempered glass is heightened by an increased use in mobile phone accessories to maintain robustness and minimize the likelihood of screen damage.
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Which Fast-Growing Trends Are Poised to Disrupt the Tempered Glass Market?
A significant trend within the tempered glass manufacturing market is the adoption of innovative, advanced manufacturing techniques. One such example is the increasing use of low-temperature glass joints for optics and precision mechanics. This new process has been developed in partnership with Fraunhofer IOF - a prestigious institution specialising in Applied Optics and precision engineering, and Vistec Electron Beam GmbH, a front-runner in the field of sophisticated electron-beam lithography. The robust inorganic joints produced through this revolutionary method offer enhanced mechanical strength while minimising optical loss.
What Are the Emerging Segments in the Tempered Glass Market?
The tempered glass market covered in this report is segmented -
1) By Shape: Flat Tempered Glass, Bent Tempered Glass
2) By Type: Plain Glass, Colored Glass
3) By End Use Industry: Automotive, Construction, Electrical And Electronics, Other End Use Industry
Subsegments:
1) By Plain Glass: Clear Tempered Glass, Low Iron Tempered Glass
2) By Colored Glass: Tinted Tempered Glass, Reflective Tempered Glass, Frosted Tempered Glass
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Who Are the Global Leaders in the Tempered Glass Market?
Major companies operating in the tempered glass market include 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.
Which are the Top Profitable Regional Markets for the Tempered Glass Industry?
Asia-Pacific was the largest region in the tempered glass market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tempered glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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