Tempered Glass Market Research Report
The GMI Research expects the tempered glass market to expand
at a significant rate. From a regional perspective, the Asia-Pacific is
expected to dominate the market in the upcoming years due to the increasing
automobile industry among the emerging economies, such as Malaysia, India, and
China.
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Tempered
Glass Market Dynamics (including market size, share, trends, forecast, growth,
forecast, and industry analysis)
Key
Drivers
The rising construction industry, particularly in emerging
countries, and the high adoption of tempered glass or toughened glass as an
accessory by the consumers are the primary factors surging the growth of the
global tempered
glass market. Furthermore, the growing government spending on
infrastructural development and continuous urban development in developing
economies, such as India, will further drive the demand for the market during
the forecast period. Moreover, the increasing number of product development
with the use of tempered glasses to improve the shelf-life of the appliances
will propel the growth of the global tempered glass market. The rising use of
tempered glass in the mobile accessory to boost durability and decrease the
chances of screen damage will further pay the way for the growth of the market.
In addition to this, the increasing government initiatives to decrease
greenhouse gas emissions and traffic safety rules for glass products are the
factors accelerating the market's demand during the forecast period. On the
other hand, the factor hindering the growth of the tempered glass market in the
upcoming years includes the substitute material availability.
End-User
Segment Drivers
Based on the end-user, the global tempered glass market is
segmented into automotive, construction, and others. The construction segment
is anticipated to increase at a higher CAGR over the forecast period include
the rising adoption of glass materials for the infrastructural interior and exterior
designing. Additionally, the increasing use of the product in other
applications, including cooking wares, electrical appliances, and solar energy,
is further augmenting the growth of the market.
Tempered
Glass Market’s leading Manufacturers:
·
Guardian industries
·
Saint-Gobain S.A.
·
AGC, Inc.
·
Duratuf Glass Industries (P) Ltd.
·
Xinyi Glass Holdings Limited
·
CSG Holding Co., Ltd.
·
Nippon Sheet Glass Co., Ltd.
·
Shanghai North Glass Technology Industrial Co.,
Ltd.
·
Fuyao Glass Industry Group Co. Ltd.
·
Tyneside Safety Glass
Tempered Glass Market Segmentation:
Segmentation
by End-User:
·
Automotive
·
Construction
·
Others
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI Research
GMI Research is a market research and consulting company
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teams consisting of seasoned analysts and researchers have hands-on experience
in various regions, including Asia-pacific, Europe, North America, and the Rest
of the World. The market research report offers in-depth analysis, which
contains refined forecasts, a bird's eye view of the competitive landscape,
factors impacting the market growth, and several other market insights to aid
companies in making strategic decisions. Featured in the ‘Top 20 Most
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2018, we at GMI Research are always looking forward to help our clients to stay
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