Report Id: SNS/C&M/1451 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Advanced Glass Market is valued at USD 74.71 billion in 2022 and is expected to grow at a CAGR of 10.2%, which will reach USD 162.50 billion by 2030. Advanced glass is a type of specialized glass. Advanced glasses include special characteristics and properties that are tailored to certain uses. This superior glass feature allows them to be used in a wide range of applications, including building and construction, aerospace and military, automotive, electronics, sports and leisure, and optics. The report contains a full discussion of the many types of advanced glass products. Coated glass, laminated glass, toughened glass, and ceramic glass are some of the most common forms of glass.
The global market is predicted to be boosted by global acceptance of eco-friendly infrastructures, as well as widespread application in the electronics and smart-homes sectors.
The rapidly increasing application of advanced glass in the building industry is a crucial driver driving global demand for advanced glass. Advanced glass is a versatile product with numerous applications including UV management, noise cancellation, security, and sound reduction, which is projected to drive the growth of the advanced glass market throughout the forecast period 2022-2028. Furthermore, increased usage in the vehicle industry, together with recent advancements in household appliances, electronic devices, and smartphone screen protectors, is expected to drive demand for advanced glass.
The advanced glass market's expansion may be hampered by a scarcity of raw materials and the high cost of advanced glass.
Unavailability of raw materials, along with the high cost of advanced glass, may stifle demand and cause the worldwide market for advanced glass to contract.
Premium glasses like Bioactive Glass and Self-Cleaning Glass are predicted to expand the Advanced Glass Market globally. Market participants are concentrating their efforts on low-cost technologies that will improve energy efficiency while also enhancing productivity in the advanced glass market. Smart glass, thin glass, security glass, nanochannel glass, bioactive glass, and self-cleaning glass are all new advanced glass industry developments that are predicted to drive the global market. Furthermore, essential aspects such as best practices efforts, financial aid, and research and development of enabling technologies are likely to open up the massive potential for the advanced glass industry all over the world.
Advanced Glass & Mirror Inc., Corning Inc., Fuyao Glass Industry Group Co. Ltd., Huihua Glass Co. Limited, Nippon Sheet Glass Co. Ltd., Saint Gobain, Sisecam Group, Tyneside Safety Glass, Asahi Glass Co., Koch Industries, and Others.
The advanced glass market has been segmented based on end-use industry, product type, application, and region. The advanced glass market has been divided into laminated glass, ceramic glass, tempered glass, and others based on product type. The advanced glass market has been divided into four categories: solar control, safety & security, optics & lighting, high performance, and others. The advanced glass market has been divided into five categories based on end-use industries: building, infrastructure, autos, electronics, and others. North America, Latin America, Europe, Asia Pacific, the Middle East and Africa make up the advanced glass market by region.
Safety & security
Optics & Lighting
By Product Type
By End User Industry
Building & Construction
Aerospace & Defense
Sports & Leisure
Asia-Pacific market will create $ 30,250.1 million in sales. Due to considerable growth in infrastructure and the automotive sector in countries such as Malaysia, China, and India, there is an increasing need for integrated advanced glass. The growing importance of green buildings, together with the rapid development of the real estate industry in emerging countries, is expected to drive the advanced glass market forward. Furthermore, increased investment by industry players is expected to have a significant impact on the advanced glass market's growth.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 74.71 Billion|
|Market Size by 2030||US$ 162.50 Billion|
|CAGR||CAGR of 10.2% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Function (Safety & security, Solar Control, Optics & Lighting, High Performance)
• By Product Type (Coated Glass, Laminated Glass, Toughened Glass, Ceramic Glass)
• By End Use Industry (Building & Construction, Aerospace & Defense, Automotive, Electronics, Sports & Leisure, Optical, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Advanced Glass & Mirror Inc., Corning Inc., Fuyao Glass Industry Group Co. Ltd., Huihua Glass Co. Limited, Nippon Sheet Glass Co. Ltd., Saint Gobain, Sisecam Group, Tyneside Safety Glass, Asahi Glass Co., Koch Industries, and Others.|
Frequently Asked Questions (FAQ) :
Ans: Key Stakeholders Considered in the study:
Raw material vendors
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
End-use industries are the stake holder in this report
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Advanced Glass & Mirror Inc., Corning Inc., Fuyao Glass Industry Group Co. Ltd., Huihua Glass Co. Limited, Nippon Sheet Glass Co. Ltd., Saint Gobain, Sisecam Group, Tyneside Safety Glass, Asahi Glass Co., Koch Industries are the major Key players of Global Advanced Glass Market.
Ans: The rapidly increasing application of advanced glass in the building industry are the major Drivers for Global Advanced Glass Market
Ans: The global advanced glass market attained a value of USD 68.18 billion in 2022. The market is further expected to grow in the forecast period of 2022-2028 at a CAGR of 8.0% to reach USD 106.61 billion by 2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
184.108.40.206 United Kingdom
220.127.116.11 South Korea
18.104.22.168 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Advanced Glass Market, By Function
8.1 Safety & security
8.2 Solar Control
8.3 Optics & Lighting
8.4 High Performance
9. Global Advanced Glass Market, By Product Type
9.1 Coated Glass
9.2 Laminated Glass
9.3 Toughened Glass
9.4 Ceramic Glass
10. Global Advanced Glass Market, By End User Industry
10.1 Building & Construction
10.2 Aerospace & Defense
10.5 Sports & Leisure
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Advanced Glass & Mirror Inc.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Asahi Glass Co.
12.3 Corning Inc.
12.4 Fuyao Glass Industry Group Co. Ltd.
12.5 Huihua Glass Co. Limited
12.6 Koch Industries
12.7 Nippon Sheet Glass Co. Ltd.
12.8 Saint Gobain
12.9 Sisecam Group
12.10 Tyneside Safety Glass
13. Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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