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Laminated Glass Market by Interlayer, end-use Industry And Region - Global Forecast to 2026

Laminated Glass Market by Interlayer, end-use Industry And Region - Global Forecast to 2026

  • December 2021
  • 186 pages
  • ID: 5136803
  • Format: PDF
  • MarketsandMarkets

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The global laminated glass market size is projected to grow from USD 20.8 billion in 2021 to USD 27.8 billion by 2026, at a CAGR of 6.0% between 2021 and 2026. Laminated glass is demanded majorly in construction industry. However, global pandemic disease COVID-19 has disrupted the operations of laminated glass industries which has decreased the demand for laminated glass in 2020.

Construction industry of laminated glass holds the largest market share, in terms of value and volume.
The construction industry is projected to witness high growth during the forecast period due to the growing demand from residential and commercial buildings.Laminated glass are sound-proof, dust-proof, and ideal for UV rays protection.

Laminated glass holds its shape even after breaking and hence is used as security glass in showrooms and such offices and buildings.

Polyvinyl butyral is the fastest-growing interlayer of laminated glass, in terms of value.

Polyvinyl butyral is the most used interlayer for manufacturing laminated glass.This interlayer possesses high adhesion, stability to sunlight, optical clarity, high tear resistance, and impact-absorbing characteristics.

Polyvinyl butyral interlayer also helps in acoustic insulation and reduction in UV transmission.Polyvinyl butyral interlayer offers high strength and intrusion resistance from burglary, bullets, hurricanes, and explosions.

For bullet & projectile resistance, glasses can be designed with multiple polyvinyl butyral and glass interlayers. PVB is a widely accepted choice for laminated glass used in windshields
Asia Pacific is the fastest-growing Laminated glass market.
Asia Pacific is projected to register the highest CAGR in terms of value and volume in the global laminated glass market during the forecast period. The growth of the laminated glass industry in this region is supported by the recovery in construction industry, and the rising awareness & concern regarding UV & noise protection and forced entry, is driving the market
Due to COVID-19, construction industry came to a halt, that has led to reduced demand for laminated glass in Asia Pacific countries.The recovery in the end-use sector with restoration in the supply chain would drive the laminated glass demand during the forecast period.

The rapid urbanization in the region would support the high growth rate.

This study has been validated through primaries conducted with various industry experts, globally.

Break-up of primary participants’ profiles:
• By Company Type – Tier 1 – 40%, Tier 2 – 33%, and Tier 3 – 27%
• By Designation – C-level Executives – 50%, Directors – 30%, Executives – 20%
• By Region – North America – 15%, Europe – 50%, APAC – 20%, Latin America – 5%, and MEA – 10%

The report provides a comprehensive analysis of company profiles listed below:
• Saint-Gobain S.A. (France)
• AGC Inc., (Japan)
• Nippon Sheet Glass Co. Ltd. (Japan)
• Central Glass Co. Ltd. (Japan)
• Sisecam Group (Turkey)
• Glass Industry Corporation (Taiwan)
• Guardian Industries Corporation (US)
• Xinyi Glass Holdings Ltd. (China)
• CGS Holdings Co. Ltd. (China)
• Fuyao Glass Industry Group Co. Ltd. (China)
• Schott AG (Germany)

Research Coverage
This report covers the global laminated glass market and forecasts the market size until 2026.The report includes the market segmentation –Interlayer (Polyvinyl Butyral, Ionoplast Polymer and others), By End-use Industry (Construction and Automobile), and Region (Europe, North America, Asia Pacific, South America, and Middle East & Africa).

Porter’s Five Forces analysis, along with the drivers, restraints, opportunities, and challenges, are discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global laminated glass market.

Key benefits of buying the report:

The report will help market leaders/new entrants in this market in the following ways:
1. This report segments the global laminated glass market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the laminated glass market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.

Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall laminated glass market and the sub-segments.This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

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