Specialty Glass Industry Trends, Analysis and Research Report, 2017 - 2024: Global Market Insights Inc.

The Specialty Glass Market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for Specialty Glass industry targeted at helping in business decisions. The product is widely used in interiors for customized doors, windows and mirrors. They are decorative panes typically intended to obstruct and hinder the material that would have been transparent otherwise.

Robust infrastructure development, economic growth, fueling disposable income and improved living standard of people are major factors that drives the infrastructure business. The industry will witness steady growth momentum at over 7% in next five years. Panes are extensively used in commercial, residential buildings, railways stations and airports to provide a special and attractive appearance.

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The product is widely used for chemical strengthening, it is an optimal material for protecting displays and touch screens in mobile phones and automobile display. It provides scratch resistance, shiny texture and protection from friction that cannot be attained through resin cover glass. Specialty glass market growth is anticipated to be driven by rising chemical industry.

Specialty glass market is facing some hindrance that effects its growth. Manufacturing process of panes are highly complicated, it requires more chemical than any other pane and is even more energy intensive. Prior purchasing consumer needs proper information else it can become more bristle and less effective.

Singapore and Hong Kong is anticipating to witness noticeable growth in near future. These countries have one of the best infrastructure globally. Investment in construction in these countries is rising rapidly, countries commercial and residential buildings design are recognized worldwide. Positive outlook in infrastructure will make Asia Pacific a considerable contributor in specialty glass market.

Automobile industry is contributing majorly in Europe economy. Germany is the major country for luxury car accounting for over 20% of total European car sector. It hosts automobile giants that includes Renault and Bugatti. Panes are used in automobile in its entire instrument touch panel system that controls display and operation of car audio, air conditioner and navigation.

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Key contributors in specialty glass market are AGC, Schott, Guardian Industries, China Group, Hoya Corporation, Corning, Thermo Scientific, Rayotek Scientific, NSG and Abrisa Technologies. Schott acquired Elecpac in 2009, the move was to expand their footprint worldwide. Acquisition is providing complete portfolio, research, development, technical support, production, sales and marketing to companies. Both the companies will even emphasize on defense and security industries in the U.S. Corning announces expansion in 2017, focus of spreading out the new facility in Newton is to create its global footprint and to serve all the customers worldwide.

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https://www.gminsights.com/industry-analysis/automotive-glass-market

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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