Advanced Glass Market Analysis

Glass Type (Laminated, Coated, Toughened Glass)

The global advanced glass market is segmented and analyzed for demand and supply by glass type into laminated, coated, and toughened glass. The toughened glass segment is anticipated to hold the largest market share over the projected time frame. Safety glass that has undergone precise thermal or chemical processing to make it stronger than regular glass is known as tempered or toughened glass. Constructions including commercial, residential, and industrial buildings, vehicle mirrors and windows, greenhouses, household appliances (such as microwaves, refrigerators, cookware, and others), and gadgets such as computers, tablets, and mobile phones can all benefit from the usage of tempered glass. For instance, in 2020, major and small home appliance sales figures worldwide were over USD 420 billion, and it is predicted that the number will rise to over USD 538 billion by 2024.

End-user (Commercial, Residential Construction, Infrastructure, Automobiles, Electronics, Sports & Leisure);

The global advanced glass market is also segmented and analyzed for demand and supply by the end-user sector into commercial, residential construction, infrastructure, automobiles, electronics, and sports & leisure, out of which, the residential construction segment is projected to witness noteworthy growth over the forecast period. In addition to being utilized to create standard windows and sensitive-looking fenestrations on facades in residential construction, glass is increasingly used as a building thermal insulation material, structural element, façade glazing component, and cladding material. The growth of the segment can be accounted to the increasing spending on construction. As of 2022, the total spending on residential and non-residential construction was anticipated to be nearly USD 900 billion and USD 500 billion in the United States alone.

Our in-depth analysis of the global advanced glass market includes the following segments: