Advanced Glass Market - By Function (Safety & Security, Solar Control, Optics & Lighting, and High Performance), Product Type (Coated Glass, Laminated Glass, Toughened Glass, and Ceramic Glass), End-Use Industry (Building & Construction, Aerospace & Defense, Automotive, Electronics, Sports & Leisure, Optical, and Others), and By Region - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Advanced glass market was valued USD 48483.6 million 2020 and is expected to reach USD 99001 million by 2030, register a CAGR of 7.4% during the forecast period. Advanced Glasses are specialized grades of glass, which are manufactured by using advanced technologies, made up from natural gas, soda ash, sodium carbonate, calcium oxide, lead, lanthanum oxide, iron, silica sand and other additives. It can locked the heat which use for control so it is more beneficial for consumers. Advanced glasses offer a various advantages such as UV control, sound reduction, safety, and security. It’s also used in various industries such as infrastructure, electronics and automobile. About 81.2% of global population use mobile and laptop. It also use as a screen protector in mobile and laptops.

Market Segmentation:

On the basis of function, global advanced glass market is segmented into safety & security, solar control, optics & lighting, and high performance. By product basis, market is categorized into coated glass, laminated glass, toughened glass, and ceramic glass. On the basis of end use industry, the market is divided into building & construction, aerospace & defense, automotive, electronics, sport & leisure, optical, and other. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.  

Market Dynamics and Factors:

Growth in automotive, electronic, and construction, industry across the globe is the main driving factor of this market. Growing demand for electronic gadgets and housing appliances is expected to propel the market.  Window tinting is another factor which is boosting the market, as it offers protection from harmful rays like UV rays and keep the interior cooler than transfer glasses. Rise in costing due to growing gap between supply and demand, unstable availability of raw material are projected to hamper the growth of market.         

Geographic Analysis:

Asia Pacific is dominating the global advanced glass market followed by North America and Europe. The presence of high number of electronics and construction companies is an important factor to grow the market in the region. Availability of raw material and increase in automobile market is help the market to grow in the region. North America market is expected to grow with CAGR of 7.1% during the forecast period. Increase in automotive and electrical sector are the main factors for the growth of market in the region. Europe and Middle East and Africa’s market growth is sustained due to unstable availability of raw material in the region.      

Competitive Scenario:

Major players operating in the global advanced glass market include SCHOTT AG, Atheer, Inc., Guardian Industries, Huihua Glass Co. Ltd., Sisecam Group, Fuyao Glass Industry Group Co., Ltd., American Precision Glass Corp, PPG Industries, Pkerland glass products, Gentex Corporation, Schott AG and NSG Co, Xinyi Glass Holdings Limited, Sangalli Vetro Manfredonia, Glaze-Tech Industries, AGC, Occipital Inc, Saint-Gobain, Abrisa Technologie and Advanced Glass & Mirror, Inc.

Advanced Glass Market Report Scope