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Laminated Glass Market Trends

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

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.

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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