Global Laminated Glass Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 6.01% during forecast period.
Major driver of global laminated glass market are increasing awareness about various benefits of offered by laminated glasses like security, safety and energy savings in the construction industry has triggered the demand for laminated glass. Rising need of advanced laminated glass products for particular applications, rising demand from emerging regions, and increasing demand for laminated glass from end-use industries like healthcare, electronics, aerospace, and telecom, among others, is expected to boost growth of the laminated glass
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Rising demand for laminated glass across automotive industry for manufacturing light commercial vehicles, passenger cars, buses & coaches, and heavy trucks. Furthermore, stringent automobile safety rules and regulations is among additional factor estimated to fuel revenue growth of the target market.
However, high and fluctuating raw material cost is a major factor estimated to restraint growth of the global laminated glass market to significant extent. Growing trend of replacing cement, granite, and brick building exteriors globally, coupled with ongoing growth in the automotive sales in the various regions, is estimated to boost demand for global laminated glass market.
On the basis of the Interlayer segment, the ionoplast polymer interlayer is estimated to hold the largest market share during forecast period. There has been an increasing demand for ionoplast polymer from the building & construction industry, as it provides more strength, safety, toughness, durability, and stiffness than other interlayers. These properties are essential for protection against storms, large impacts, and powerful blasts.
Based on the end-use industry segment, the building & construction industry is expected to hold the largest market share during the forecast period. The growth in building & construction industry can be attributed to the growing construction industry worldwide, especially in emerging regions. In addition to this, growing investments by governments of various countries around the globe in infrastructural development projects like airports, and public transit systems is driving the demand for global laminated glass market.
In terms of region, Asia-Pacific dominated the global laminated glass market in 2016, in terms of value. Growing population, rapid urbanization, and rising disposable income of consumers in emerging economies like China, and India are contributing to the growth of the global laminated glass market in this region. The presence of major laminated glass manufacturers, like AGC Nippon Sheet Glass, and Central Glass, among others is expected to further support the growth of the market in Asia-Pacific.
This report segments the global laminated glass market based on interlayer, end-use industry, and region, and provides the estimations for the overall value of the market and its sub segments across various regions. A detailed examination of the key industry players has been directed to provide visions into their business impressions, agreements, key strategies, acquisitions, growth, and recent developments related with the global laminated glass market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global laminated glass market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the modest analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global laminated glass market.
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Scope of the Global Laminated Glass Market
Global Laminated Glass Market, By Interlayer
• Polyvinyl Butyral
• Ionoplast Polymer
Global Laminated Glass Market, By End-Use Industry
• Building & Construction
Global Laminated Glass Market, By Region
• North America
• Asia Pacific
• Middle East and Africa
• South America
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