Tempered Glass Market Scope
Tempered glass is also known as toughened glass is a strong protection glass, which is generally manufactured through heating the plate glass at approximately 1100°F, followed by cooling. Tempered glass is more durable than any other kind of glass and it has multiple beneficial properties such as strength and safety when compared with the other glasses such as annealed, laminated, and heat-strengthened glass. These glasses are majorly used in our day to day activities such as shower doors, vehicles windows, refrigerator trays, mobile screen protectors and architectural glass doors and tables. Tempered glass is available as single, double and triple pane types. .Increasing use of tempered glass application in the greenhouse sector provides four to six times more shatter resistance than annealed types which should stimulate tempered glass market demand.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Asahi Glass (Japan), NSG Group (Japan), Saint-Gobain (France), Guardian Industries (United States), Taiwan Glass Group (Taiwan), Romag (United Kingdom), Dlubak Glass (United States), Virginia Mirror (United States), Fuso (Japan) and Press Glass (Poland) |
CAGR | % |
Global tempered glass market share is moderately fragmented and competitive with some of the industry participants include Saint-Gobain, Asahi, NSG, Guardian Industries Corp, Abrisa Technologies, Fuso, and PPG Industries catering to the domestic and international market. Manufacturing companies are focusing on strengthening the regional presence and expanding business by developing strategies to size up production capability and enhancing product portfolio. Companies are also engaged in forming partnerships and acquisitions with regional & local companies to open new market opportunities, and further accelerate tempered glass market demand. Research Analyst at AMA estimates that Global Vendors will contribute to the maximum growth of Global Tempered Glass market throughout the predicted period.
Asahi Glass (Japan), NSG Group (Japan), Saint-Gobain (France), Guardian Industries (United States), Taiwan Glass Group (Taiwan), Romag (United Kingdom), Dlubak Glass (United States), Virginia Mirror (United States), Fuso (Japan) and Press Glass (Poland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Tyneside Safety Glass (United Kingdom), Fuyao Group (China), CSG Holding (China), Xinyi Glass (Hong Kong) and Jin Jing Group (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Tempered Glass market by Type , by Application (Construction, Automotive, Consumer Electronics, Home Appliances, Solar Panels, Furniture and Others) and Region with country level break-up.
On the basis of geography, the market of Tempered Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Influencing Trend:
Use of Tempered Glass in Photovoltaics, Technical Progress in the Glass Market and Increasing Focus on Environment-Friendly Flat Glass Manufacturing Approach
Market Growth Drivers:
Increasing Demand for Smartphones and Laptops, Growth in the use of Tempered Glass in the Automotive and Construction Industry, An Upsurge in Demand From End-User Industries and Increased Consumer Spending on Interior Designing
Challenges:
Anti-Breakage and Lightweight Properties of Tempered Glass
Restraints:
Stringent Government Regulation For Tempered Glass, Complexity in the Design of Tempered Glass and Availability of Substitutes
Opportunities:
Rapidly Growing Construction & Automotive Industry in Emerging Economies
Key Target Audience
Tempered glass manufactures, Tempered glass distributors, Tempered glass retailers, End- Users and Others