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Laminated Glass Market - By Type (Clear glass, Tinted or colored glass, Reflective glass), By Interlayer (Polyvinyl butyral, Sentryglas plus, Ethylene-vinyl acetate), By Application, End Use Industry & Forecast, 2024 – 2032

  • Report ID: GMI9090
  • Published Date: Apr 2024
  • Report Format: PDF

Laminated Glass Market Size

Laminated Glass Market was valued at around USD 22.2 billion in 2023 and is anticipated to register a CAGR of over 6.2% between 2024 and 2032. Laminated glass is a type of safety glass composed of two or more layers of glass bonded together by a resilient interlayer, typically made of polyvinyl butyral (PVB), ethylene-vinyl acetate (EVA), or others. Laminated glass, which is widely utilized in building, guarantees both safety and attractiveness in windows, doors, and facades. Laminated glass is used for windshields in the automotive industry, which improves vehicle safety. The market is expanding steadily as a result of the growing demand from various industries for sustainability and safety. Innovations in production techniques and materials are also driving the growth of laminated goods across a range of applications.
 

Laminated Glass Market

As research continues to explore its capabilities and safety profiles, the growth of the laminated glass industry in North America and the Asia-Pacific region is expanding due to a combination of regulatory requirements, construction trends, and economic development.
 

Laminated glass is typically more expensive than regular glass choices, cost considerations present a key hurdle for the laminated glass sector. Potential clients may be turned off by this additional expense, especially in price-sensitive businesses or areas where financial constraints are common. Laminated glass has several advantages, such as safety and security features, but its initial cost could prevent it from being widely used. Furthermore, the competition from alternative materials makes this problem even more difficult.
 

 In certain situations, alternative materials like polycarbonate and acrylic sheets provide comparable or even better properties—often at a lower cost. Customers now have more options thanks to the availability of these alternatives, so in order for laminated glass producers to stay competitive in the market, they must highlight the special value proposition of their goods and find creative ways to solve cost issues by increasing productivity or changing pricing.
 

Laminated Glass Market Trends

The market for laminated glass has been expanding steadily thanks to a number of important trends and causes. A noteworthy development in a number of industries, such as transportation, automotive, and construction, is the growing focus on security and safety. Because it resists shattering and maintains its structural integrity even after breaking, laminated glass is highly sought after in situations where safety is of the utmost importance. Furthermore, technological developments like better interlayer materials and coatings are improving laminated glass's performance qualities, increasing its applications and propelling the market's expansion.
 

Laminated glass is becoming more and more popular in green building projects due to the growing trend towards sustainable and energy-efficient building materials. Its energy-efficient features and capacity to use recycled materials are in line with the sustainability objectives of numerous governments and businesses across the globe. Furthermore, the need for laminated glass in construction applications including windows, skylights, and facades is being driven by rising urbanization and infrastructure development activities, especially in emerging nations.
 

Notwithstanding these encouraging developments, the sector still confronts obstacles including cost concerns and competition from alternatives like polycarbonate and acrylic sheets. In order to overcome these obstacles and preserve their competitive advantage in the dynamic market landscape, laminated glass makers will need to innovate in the areas of cost-effective production techniques, product differentiation, and market positioning strategies.
 

Laminated Glass Market Analysis

Laminated Glass Market Size, By Type, 2021 - 2032 (USD Billion)

Based on type, the market is divided into clear glass, tinted or colored glass, reflective glass and others. Clear glass held the dominant market value of USD 10.1 billion in 2023 and expected to reach around USD 17.7 billion by 2032. Clear glass maintains a dominant position in the laminated glass industry due to its versatility and widespread application.
 

Excellent clarity is provided with clear laminated glass, which promotes safety and security while permitting natural light transmission. It is widely utilized in architectural projects where aesthetics and visibility are important, such as skylights, doors, windows, and facades. Additionally, because of its higher impact resistance and optical clarity, clear laminated glass is preferred for use in automobile windshields. Improvements in production techniques, which guarantee constant quality and performance across a range of applications, further bolster its market dominance.
 

Laminated Glass Market Revenue Share, By Interlayer, (2023)

Based on interlayer, the market is categorized into polyvinyl butyral, sentryglas plus, ethylene vinyl acetate. Polyvinyl butyral segment held the dominant market share of 55.21% in 2023 and expected to reach around 55.6% by 2032. Polyvinyl butyral (PVB) holds a dominant position in the laminated glass market due to its exceptional properties and widespread application. As the most commonly used interlayer material in laminated glass production, PVB offers excellent adhesion, transparency, and resistance to impact, making it ideal for enhancing the safety and durability of glass products. Its ability to absorb energy and hold glass fragments together upon breakage significantly reduces the risk of injury, contributing to its popularity in industries such as construction and automotive. Moreover, PVB's versatility allows for customization to meet specific performance requirements, further solidifying its position as the preferred choice in laminated glass manufacturing.
 

Based on application, the market is categorized into safety & security, sound insulation & acoustic control, UV protection & energy efficiency, decorative & aesthetic, high-performance & specialized applications. Safety and security segment held the dominant market value of 7.9 billion in 2023 and expected to reach around 13.9 billion by 2032. Safety and security have taken center stage in the reasons driving the market. Laminated glass provides unmatched protection against accidents, natural disasters, and break-ins because of its exceptional capacity to stay intact and stick together even after being broken. Because of this property, it is a favored option for applications including building facades, windows, doors, and automobile windshields where security and safety are crucial considerations. Laminated glass's demand has been driven by the growing emphasis on protecting property, infrastructure, and human lives, solidifying its place as a major player in the market for safety and security solutions.
 

Based on end use industry, the market is categorized into construction, automotive, electronic, and others. Construction held the dominant market value of 9 billion in 2023 and expected to reach around 15.9 billion by 2032. The market for laminated glass is dominated by construction because of its widespread use in architectural applications. Because of its aesthetic appeal, safety, and security, laminated glass is preferred in building. It is frequently used in windows, doors, skylights, balustrades, and building facades. It lets natural light into interior spaces while offering protection from impact, break-ins, and bad weather. The demand for laminated glass in this industry is further driven by the expanding building activities throughout the world, especially in metropolitan areas and infrastructure development projects, which strengthens the company's lead position in the market.
 

Laminated Glass Market Size, 2021 - 2032 (USD Billion)

Asia pacific dominated the global laminated glass market in 2023. It generated a revenue of USD 7.2 billion in 2023 and expected to reach around 12.7 billion by 2032. The Asia Pacific region holds the dominant position in the market due to several factors. Rapid urbanization, infrastructure development, and increasing construction activities in countries like China, India, and Southeast Asian nations are driving the demand for laminated glass in various applications such as building facades, windows, and automotive windshields. Additionally, the region's strong manufacturing base, technological advancements, and favorable government initiatives supporting green building practices further contribute to its market leadership. As a result, Asia Pacific remains a key growth engine for the laminated glass industry, accounting for the largest share of market revenue and production volume.
 

China holds a major part of the APAC market. China's dominance in the market can be attributed to its robust construction industry, rapid urbanization, and significant investments in infrastructure development. The country's massive population and burgeoning urban centers drive demand for laminated glass in various applications, ranging from commercial and residential buildings to automotive and transportation sectors. Moreover, China's strong manufacturing capabilities and competitive pricing strategies make it a key player in the global market, contributing significantly to the region's overall market share and growth.
 

Laminated Glass Market Share

Laminated Glass Market Share, (2023)

The competitive landscape of the laminated glass industry is characterized by intense rivalry among key players striving to maintain their market positions and gain competitive advantages. Major companies operating in the market include Saint-Gobain, AGC Inc., Nippon Sheet Glass Co., Ltd., Guardian Industries, and Asahi Glass Co., Ltd., among others. These companies engage in various strategies such as mergers and acquisitions, partnerships, and product innovations to strengthen their market presence and expand their product portfolios. Additionally, they focus on research and development activities to develop advanced laminated glass products with enhanced properties such as improved strength, clarity, and energy efficiency. Regional players also play a significant role in the market, catering to specific geographical markets and niche segments.
 

Moreover, the competitive landscape is influenced by factors such as pricing strategies, distribution networks, and brand reputation. Companies often compete based on pricing to gain market share, especially in price-sensitive markets. Furthermore, the expansion of distribution channels and partnerships with architects, contractors, and glass fabricators are essential for market penetration and customer outreach. Brand reputation and customer trust also play a crucial role, with companies investing in marketing and branding initiatives to differentiate themselves from competitors and build brand loyalty. Overall, the competitive landscape of the market is dynamic and evolving, driven by innovation, technological advancements, and changing customer preferences.
 

Laminated Glass Market Companies

Major players operating in the market include:

  • AGC Inc
  • Cardinal glass
  • Central Glass Co Ltd
  • GSC glass
  • Guardian Industries Corporation
  • Independent glas
  • Nippon sheet glass
  • Oldcastle building envelop
  • Saint gobain
  • Schott ag
  • Vitro architectural glass
  • Xinyi Glass Holdings Limited
     

Laminated Glass Industry News

  • In 2023, AGC Inc. manufacturer of glass, chemicals and high-tech materials, has started a trial of cloud-based linkage of data on kinds of glass and quantities between supply chains using “R7”, a unique glass quotation system developed by an AGC Group company AGC Amenitech Co., Ltd.
     
  • In 2023, AGC and Saint-Gobain, flat glass manufacturers leading in sustainability, announced that they are collaborating on the design of a pilot breakthrough flat glass line that is expected to reduce very significantly its direct CO2 emissions. This development will pave the way to the conversion of industrial flat glass lines in such a way that it can be powered mainly by low carbon electricity, more efficient than any gas solution, with significantly reduced carbon emissions for the customers’ benefit.
     

The laminated glass market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue and volume (USD Billion) (Million Square Meter) from 2021 to 2032, for the following segments:

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Market, By Type

  • Clear glass
  • Tinted or colored glass
  • Reflective glass
  • Others

Market, By Interlayer 

  • Polyvinyl butyral (PVB)
  • Sentryglas plus (SGP)
  • Ethylene-vinyl acetate (EVA)

Market, By Application

  • Safety & security
  • Sound insulation & acoustic control
  • UV protection & energy efficiency
  • Decorative & aesthetic
  • High-performance & specialized applications

Market, By End use industry

  • Construction
  • Automotive
  • Electronics
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The laminated glass market size reached USD 22.2 billion in 2023 and is set to grow at 6.2% CAGR between 2024 and 2032, driven by rising R&D activities.

The clear glass type segment in the laminated glass industry recorded a value of USD 10.1 billion in 2023 and is set to reach USD 17.7 billion in 2032, due to its versatility and widespread application.

Asia pacific laminated glass market size was USD 7.2 billion in 2023 and is set to reach 12.7 billion by 2032, driven by rapid urbanization and infrastructure development.

AGC Inc, Cardinal glass, Central Glass Co Ltd, GSC glass, Guardian Industries Corporation, Independent glas, Nippon sheet glass, Oldcastle building envelop, Saint gobain, Schott ag among others.

Laminated Glass Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 255
  • Countries covered: 22
  • Pages: 305
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