Press release
Laminated Architectural Glass Market Trends That Will Shape the Next Decade: Insights from Eastman Launches Low-Carbon PVB Interlayer To Advance Sustainable Laminated Architectural Glass Solutions
Laminated Architectural Glass Market Size
How Large Will the Laminated Architectural Glass Market Size By 2025?
The market size of laminated architectural glass has seen a robust increase in the recent past. The market is projected to escalate from $14.20 billion in 2024 to $15.29 billion in 2025, with an annual compound growth rate (CAGR) of 7.7%. The market expansion in the previous years is largely due to growth in urbanization and infrastructure, stricter building protocols and safety standards, an upswing in smart building development, proliferation of third-party certification and testing services, and increased funds in commercial real estate.
How Big Is the Laminated Architectural Glass Market Size Expected to Grow by 2029?
Projected robust growth is anticipated in the laminated architectural glass market in the forthcoming years, with an expected increase to $20.29 billion in 2029, showcasing a compound annual growth rate (CAGR) of 7.3%. This surge over the forecast period can be traced back to a rising preference for energy-efficient glazing, increased usage of sound insulation in urban structures, the emergence of perovskite thermochromic windows, growth in disposable earnings in budding economies, and a heightened demand for construction materials. Foreseen trends for the forecast period encompass digital imprinting on laminated glass, mechanized lamination and bonding, vertical amalgamation strategies, progress in acoustic functioning, and tailored glass solutions.
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Which Key Market Drivers Powering Laminated Architectural Glass Market Expansion and Growth?
The increasing need for construction materials is predicted to fuel the expansion of the laminated architectural glass market in the future. These materials, whether derived from nature or synthetically produced, are utilized in building due to their robustness, longevity, and applicability to certain tasks. The escalating demand is driven by swift urbanization, leading to a rise in residential and commercial structure construction worldwide. Laminated architectural glass enhances the safety, noise insulation, and energy efficiency of buildings, presenting an appealing finish by holding shattered glass pieces together and providing UV defense, making it perfect for windows, facades, and divisions. For example, a report by the Department for Business, Energy and Industrial Strategy, a UK government department, declared in December 2022 that construction material exports increased by roughly $31 million (£26 million) in the third quarter of 2022, a 1.2% gain from the preceding quarter. Hence, the escalating demand for construction substances is spearheading the growth of the laminated architectural glass market.
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Which Fast-Growing Trends Are Poised to Disrupt the Laminated Architectural Glass Market?
Prominent businesses in the laminated architectural glass market are progressively concentrating on the development of inventive solutions like low-carbon PVB interlayer laminated glasses. The prime objective is to curtail the environmental impact of construction materials and comply with sustainability regulations. The low-carbon PVB interlayer laminated glass is an ecofriendly glazing option that is produced with lowered carbon emissions. Despite reducing environmental damage, it retains the safety and performance advantages. Eastman Chemical Company, an American chemical industry business, in October 2024 for instance, introduced Saflex LiteCarbon Clear. This product is a cutting-edge, low-carbon PVB interlayer designed for laminated glass which exponentially diminishes the embodied carbon of laminated glazing through the use of recycled elements. This aids architects and builders in achieving rigid environmental norms while preserving the same clarity, durability, and safety as conventional interlayers and aiding in acquiring LEED and other green building certifications. Saflex LiteCarbon Clear is highly suitable for facades, windows, and overhead glazing where transparence and environmental influence are crucial factors.
What Are the Emerging Segments in the Laminated Architectural Glass Market?
The laminated architectural glass market covered in this report is segmented -
1) By Product Type: Tempered Laminated Glass, Polyvinyl Butyral (PVB) Laminated Glass, Ethylene Vinyl Acetate (EVA) Laminated Glass, Acoustic Laminated Glass, Solar Control Laminated Glass
2) By Technology: Standard Laminating Technology, Low-Emission Coating Technology, High-Performance Laminating Technology, Smart Glass Technology
3) By Distribution Channel: Direct Sales, Online Retail, Distributors And Wholesalers, Project-Based Sales
4) By Application: Civil Architecture, Special Architecture
5) By End-Use Industry: Architectural, Automotive, Aerospace, Marine, Furniture
Subsegments:
1) By Tempered Laminated Glass: Clear Tempered Laminated Glass, Tinted Tempered Laminated Glass, Reflective Tempered Laminated Glass, Low-Iron Tempered Laminated Glass
2) By Polyvinyl Butyral (PVB) Laminated Glass: Standard PVB Laminated Glass, UV-Filtering PVB Laminated Glass, Colored PVB Laminated Glass, High-Performance Safety PVB Laminated Glass
3) By Ethylene Vinyl Acetate (EVA) Laminated Glass: Clear EVA Laminated Glass, Decorative EVA Laminated Glass, UV Resistant EVA Laminated Glass, High Transparency EVA Laminated Glass
4) By Acoustic Laminated Glass: Single Layer Acoustic Glass, Multi-Layer Acoustic Glass, Acoustic Glass With Thermal Insulation, Acoustic Glass With Decorative Interlayers
5) By Solar Control Laminated Glass: Low-E Solar Control Laminated Glass, Spectrally Selective Solar Control Glass, Reflective Solar Control Glass, Tinted Solar Control Glass
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Who Are the Global Leaders in the Laminated Architectural Glass Market?
Major companies operating in the laminated architectural glass market are Compagnie de Saint-Gobain S.A., AGC Inc., Türkiye Sise ve Cam Fabrikalari A.S., Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Guardian Industries Holdings LLC, Xinyi Glass Holdings Limited, Cardinal Glass Industries Inc., China Southern Glass Holding Co. Ltd., Central Glass Co. Ltd., Trulite Glass & Aluminum Solutions LLC, Jinjing Group Co. Ltd., Schott AG, Viracon Inc., Asahi India Glass Limited, PGP Glass Private Limited, Glasswerks LA Inc., HPG International Inc., Vitro S.A.B. de C.V., Luoyang Glass Company Limited, McGrory Glass Inc., Vitrum Glass Group Inc., Luoyang North Glass Technology Co. Ltd.
Which are the Top Profitable Regional Markets for the Laminated Architectural Glass Industry?
North America was the largest region in the laminated architectural glass market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laminated architectural glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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