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At 5.80% CAGR, the Global Laminated Glass Market is Projected to Reach Worth USD 29,021.41 million By 2028: Industry Trends & Forecast Report by Zion Market Research

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Zion Market Research

20 Apr, 2022, 11:30 GMT

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NEW YORK, April 20, 2022 /PRNewswire/ -- As per Zion Market Research study, The global laminated glass market was worth around USD 20,692.10 million in 2021 and is estimated to grow to about USD 29,021.41 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.80 percent over the forecast period. The report analyzes the laminated glass market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the laminated glass market. 

       

Key Industry Insights & Finding of the Laminated Glass Market Reports:

  • As per the analysis shared by our research analyst, the Laminated Glass Market is expected to grow annually at a CAGR of around 5.80% (2022-2028).
  • Through the primary research, it was established that the Laminated Glass Market was valued approximately USD 20,692.10 Million in 2021 and is projected to reach to roughly USD 29,021.41 Million by 2028.
  • Emerging economies of China and India are anticipated to be major markets in this region owing to rapid industrialization and urbanization that is propelling construction activity.

Zion Market Research published the latest report titled as "Laminated Glass Market By Interlayer (Polyviny Butyral, lonoplast Polymer, Others) By End-use (Construction, Automobile) and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028." into their research database.

Laminated Glass Market: Overview

Laminated Glass is a glass that is held together by a polymer and does not shatter even if damaged and this makes it a highly safe option to regular glass which shatters and the shattered shards are dangerous and can even prove to be the cause of major fatal wounds. Increasing focus on safety in the construction industry has bolstered the demand for laminated glass and this trend will be prevalent over the forecast period.

Increasing demand from construction and automotive industries, rising popularity among constructors, increasing scope of use on exterior and interior applications are some factors that propel laminated glass market growth through 2028.

However, high costs of laminated glass are expected to be a major barrier to laminated glass market growth and this is expected to especially restrain market potential in emerging economies with less spending potential.

Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/laminated-glass-market

Our Free Sample Report Includes:

  • 2022 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 157 + Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of tables & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Zion Market Research methodology

Industry Dynamics:

Laminated Glass Market: Growth Dynamics

Increasing use in construction and building applications to Boost Growth

Demand for infrastructure development is paramount in recent times and this trend is only expected to grow over the forecast period. Glass has become a crucial element in the construction industry and this is projected to drive the sales of laminated glass through 2028. Extensive use of glass in interior, as well as exterior construction and building applications alike, is also expected to boost laminated glass market potential over the forecast period. Added safety aspects into modern designs with laminated glass is also expected to help laminated glass market growth through 2028.

Laminated Glass Market: Restraints

High Initial Investment to Restrain Laminated glass Market Growth

Laminated glass is expensive as compared to normal glass and this is a major factor that could constrain the growth of the market over the forecast. The high-cost factor is especially concerning for the economies with lower spending potential where companies and individuals alike cannot afford to invest in this high-quality glass. The aspect of irreparability with glass will also come into play and restrain adoption to a certain and extent and this will further drag down laminated glass market growth through the forecast period.

Laminated Glass Market: Segmentation

The global Laminated Glass market is segregated based on inter layer, end use, and region.

By end use, the market is divided into construction and automobile. The construction segment accounts for majority of laminated glass sales and is projected to remain the most lucrative segment through the forecast period. The increasing adoption of laminated glass in the automotive sector will also aid the laminated glass market growth through 2028. Rising construction activity across the globe will also play a crucial role in driving the demand for laminated glass.

Directly Purchase a Copy of the Report @ https://www.zionmarketresearch.com/buynow/su/laminated-glass-market

Recent Developments

  • In June 2019 – Asahi Glass Co. Ltd. a leading name in manufacturing industry announced a partnership with the Tokyo Institute of Technology to increase research scope in the fields of glass, ceramics, and other materials

Get More Insight before Buying@ : https://www.zionmarketresearch.com/inquiry/laminated-glass-market

List of Key Players of  Laminated Glass Market:

  • Saint-Gobain S.A. (France)
  • AGC Inc.(Japan)
  • Nippon Sheet Glass Co. Ltd. (Japan)
  • Central Glass Co. Ltd. (Japan)
  • Sisecam Group (Turkey)
  • Taiwan 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).

Key questions answered in this report:

  • What are the growth rate forecast and market size for Laminated Glass Market?
  • What are the key driving factors propelling the Laminated Glass Market forward?
  • What are the most important companies in the Laminated Glass Market Industry?
  • What segments does the Laminated Glass Market cover?
  • How can I receive a free copy of the Laminated Glass Market sample report and company profiles?

Report Scope:

Report Attribute

Details

Market size value in 2021

USD 20,692.10 Million

Revenue forecast in 2028

USD 29,021.41 Million

Growth Rate

CAGR of almost 5.80% 2022-2028

Base Year

2020

Historic Years

2016 - 2021

Forecast Years

2022 - 2028

Segments Covered

By Product Type, By Application, and By End Use

Forecast Units

Value (USD Million), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2022 to 2028

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Companies Covered

Saint-Gobain S.A. (France), AGC Inc., (Japan), Nippon Sheet Glass Co. Ltd. (Japan), Central Glass Co. Ltd. (Japan), Sisecam Group (Turkey), Taiwan 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) and Schott AG (Germany).

Report Coverage

Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization Scope

Avail customized purchase options to meet your exact research needs.  

https://www.zionmarketresearch.com/custom/456

 Free Brochure: https://www.zionmarketresearch.com/requestbrochure/laminated-glass-market

Regional Dominance:

The Asia Pacific will emerge as a highly rewarding market for laminated glass manufacturers owing to rising construction activity in this region which is majorly driven on the back of increasing demand for infrastructure development. Emerging economies of China and India are anticipated to be major markets in this region owing to rapid industrialization and urbanization that is propelling construction activity. The rising use of laminated glass in residential and commercial construction applications will also fuel laminated glass market potential in this region. Apart from this, supportive government initiatives in infrastructure development will also aid laminated glass market growth over the forecast period.

North American laminated glass market will see high demand for laminated glass from rising residential construction activity and high spending potential in this region will favor laminated glass market growth in the long run.

Global Laminated Glass Market is segmented as follows:

 Laminated Glass Market: By Interlayer Outlook (2022-2028)

  • Polyviny Butyral
  • Ionoplast Polymer
  • Others

Laminated Glass Market: By End-Use Sector Outlook (2022-2028)

  • Construction
  • Automobile

Laminated Glass Market: By Region Outlook (2022-2028)

North America

  • The U.S.
  • Canada

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

Press Release For Laminated Glass Market: https://www.zionmarketresearch.com/news/global-laminated-glass-market

Browse Other Related Research Reports from Zion Market Research

  • Anti-Corrosion Coating Market - Global Industry Analysis: The global anti corrosion coating market was worth around USD 27,928.50 million in 2021 and is estimated to grow to about USD 37,213.50 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.9 percent over the forecast period.
  • Amphibious Excavators Market - Global Industry Analysis: The global Amphibious Excavators Market accrued earnings worth approximately 6.01(USD Billion) in 2021 and is predicted to gain revenue of about 15.11 (USD Billion) by 2028, is set to record a CAGR of nearly 10.8% over the period from 2022 to 2028.
  • Ethyl Benzene Market - Global Industry Analysis: The global Ethyl Benzene Market accrued earnings worth approximately 22.3(USD Billion) in 2021 and is predicted to gain revenue of about 31.3(USD Billion) by 2028, is set to record a CAGR of nearly 4.5% over the period from 2022 to 2028.

Browse through Zion Market Research's coverage of the Global Chemical & Materials Industry

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Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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