Advanced Glass Market Scope
Advanced glasses are the superior grades of glasses. They are designed with specific characteristics and offers numerous applications. They are made from natural gas, soda ash, silica sand, among others. The glass comes with advanced techniques as well as technological substances. Advanced glasses undergo various processes such as chemical and mechanical processes based on applications. Advanced glasses offers numerous advantages and applications including safety, sound reduction, security, and UV control. It can be used in several industries such as automobiles, infrastructure, and electronics. It can also be used as a screen protector in mobile phones and laptops. In addition, it can be utilized as the windscreen, as it offers clear vision even in bad climate situations.
According to AMA, the Global Advanced Glass market is expected to see growth rate of 7.2%Advanced Glass market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Advanced Glass market throughout the predicted period.
Pittsburgh Plate Glass Industries, Inc. (United States), Asahi Glass Co. Ltd (Japan), Saint Gobain (France), Corning Inc. (United States), Nippon Sheet Glass Co., Ltd (Japan), Guardian Industries (United States), Sisecam Group (Turkey), Xinyi Glass Holdings Limited (Hong Kong), Fuyao Glass Industry Group Co., Ltd. (China) and Gentex Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Murata Manufacturing Co Ltd (Japan), American Precision Glass Corp (United States), Atheer, Inc. (United States), Vurix Corporation (United States), Thermoseal Industries LLC (United States), Packerland Glass Products Inc. (United States), CoorsTek, Inc. (United States) and SCHOTT AG (Germany).
Segmentation Overview
The study have segmented the market of Global Advanced Glass market by Type (Coated Glass, Laminated Glass, Toughened Glass and Ceramic Glass) and Region with country level break-up.
On the basis of geography, the market of Advanced 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).
Market Growth Drivers:
Increase in Urbanization and Industrialization, Growth in the Automotive Industry and Their Manufacturing Bases, The rise in Expenditure for Infrastructure Development, Growing Demand for Housing Appliances and Electronic Gadgets and Government Support on Recycling of Used Glass
Challenges:
Environmental Impact on Glass Durability and Infrastructural Challenges in Developing Countries
Restraints:
The High Cost of Raw Materials Used In the Manufacturing of Advanced Glass
Opportunities:
The Growing Building & Construction Industry in the Emerging Markets and Greater Design Flexibility Along With Safety
Market Leaders and their Expansionary Development Strategies
On 29 March 2018, Saint-Gobain completed an acquisition of Logli Massimo to strengthen its glass solution portfolio.
On 29 July 2018, Trakya Cam Sanayii A.Ş., Şişecam’s flat glass manufacturing company, invested 15.7 million Euro (approximately 18.1 million USD) in the facility, it's second in Italy, and doubled its production capacity in the country.
Key Target Audience
Advanced Glass Manufacturers, Advanced Glass Raw Material Suppliers, Advanced Glass Traders/Distributors/Wholesalers, Advanced Glass Importer/Exporter, Regulatory & Government Bodies, Downstream Vendors and Others
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.