Advanced Glass Market Size

  • Report ID: 4664
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Advanced Glass Market Size

Advanced Glass Market size was valued at USD 90.19 billion in 2024 and is expected to reach USD 293.46 billion by 2037, expanding at around 9.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of advanced glass is assessed at USD 97.04 billion. The increased application of glass in the construction sector is the principal factor contributing to the market's expansion. Glass is a versatile construction element that may be used for everything from lighting to insulation to enhancing a building's appearance. The primary benefits of employing glass in a building include up to 80% natural light transmittance, acoustic proofing, and thermal insulation, weather resistance, holding up well to the impacts of rain, sun, and wind. For instance, it was predicted that global investment in the construction sector would reach over USD 20 trillion by 2035.

Furthermore, increased adoption in the aerospace sector would fuel advanced glass market expansion. Aerostructures use aerospace glass to reduce weight, boost payload capacity, and enhance fuel efficiency. It is frequently used in interior applications where weight savings of up to 20% are possible, such as cargo liners, floors, chairs, and other secondary structural sections. Production of aircraft is anticipated to increase by 57% over 2022-2028 across the globe. For instance, the Arlington, Virginia-based business stated that they are anticipating delivering 400 to 450 of its 740 aircraft by the end of 2023, an increase from approximately 375 aircraft in 2022.


Global-Advanced-Glass-Market
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Author Credits:  Abhishek Anil


  • Report ID: 4664
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of advanced glass is assessed at USD 97.04 billion.

The advanced glass market size was valued at USD 90.19 billion in 2024 and is expected to reach USD 293.46 billion by 2037, expanding at around 9.5% CAGR during the forecast period i.e., between 2025-2037. Higher utilization of advanced glass in solar panel manufacturing will boost the market growth.

North America industry is estimated to hold largest revenue share of 45% by 2037, backed by expanding building sector along with increasing consumption of solar energy in the region.

The major players in the market include Compagnie de Saint-Gobain S.A, Fuyao Glass Industry Group Co., Ltd., Guangzhou Huihua Packaging Products Co, Ltd, Koch Industries, Inc., Nippon Sheet Glass Co., Ltd., Corning Glass Works Inc.
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