Overview and Scope
Tempered glass refers to an extremely strong glass that is about four
times stronger than normal or annealed glass. It is made by thermally treating
annealed glass to induce compressive stresses of 11000–20000 psi on the surface
and edge compression of not less than 9700 psi, widely used in modern
architecture due to its strength and safety properties.
Sizing and Forecast
The tempered glass market size has grown strongly in recent years. It will
grow from $61.03 billion in 2023 to $65.96 billion in 2024 at a compound annual
growth rate (CAGR) of 8.1%. The growth in the historic period can be
attributed to growth in commercial construction, growing demand for
high-performance motorcycles, automotive safety standards, architectural safety
regulations, growth of the consumer electronics industry.
The tempered glass market size is expected to see strong growth in the next few
years. It will grow to $88.06 billion in 2028 at a compound annual growth rate
(CAGR) of 7.5%. The growth in the
forecast period can be attributed to increasing adoption of electric vehicles,
rise in smart home technology, expansion of aerospace industry, increase in
renovation projects, sustainability initiatives. Major trends in the forecast
period include advancements in manufacturing technology, curved and shaped
glass designs, privacy glass technology, anti-reflective coatings, frameless
glass installations.
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Segmentation & Regional Insights
The tempered glass market covered in this report is segmented –
1) By Shape: Flat Tempered Glass, Bent Tempered Glass
2) By Type: Plain Glass, Coloured Glas
3) By End Use Industry: Automotive, Construction, Electrical And Electronics,
Other End Use Industry
Asia-Pacific was the largest region in the tempered glass market in 2023.
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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Major Driver Impacting Market Growth
The increasing use of tempered glass in mobile phone accessories propels
the growth of the tempered glass market. Consumers often view mobile phones as
premium products and are willing to spend on external accessories such as
tempered glass screen protectors. Tempered glass products have emerged as the
most widely used screen protection technology over the years due to their high
quality and multi-layered, shock-absorbent properties. The increasing use of
tempered glass in mobile phone accessories to sustain durability and reduce the
chances of screen damage will drive the demand for tempered glass.
Key Industry Players
Major companies operating in the tempered glass market report are
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.
The tempered glass market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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