Glass Alternative Materials Market Share

Regionally, the global glass alternative materials market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these, the market in Asia Pacific held the largest market share of 38% in the year 2022, owing to the rapid expansion of the construction industry and the presence of leading market key players. The building construction industry in Asia Pacific is expected to reach USD 3 million by 2024, with a robust CAGR of 7%.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of glass alternative materials is evaluated at USD 10.5 Billion.

The glass alternative materials market size was valued at USD 9.98 Billion in 2023 and is projected to exceed USD 20.76 Billion by the end of 2036, registering over 5.8% CAGR during the forecast period i.e., between 2024-2036. The expansion of construction industry along with the rise in the construction of buildings and infrastructure are some of the factors that are expected to propel the market growth.

Asia Pacific will account for largest industry share of 37% by 2036, owing to rapid expansion of the construction industry and presence of leading market key players.

Covestro AG, Trinseo S.A., Mitsubishi Gas Chemical Company, Inc., Evonik Industries AG, 3A Composites GmbH, Lucite International, Elastin International Corp, Arkema Group, Sun Acrylam Private Limited, Aristech Surfaces LLC, Asia Poly Industrial Sdn Bhd, Ray Chung Acrylic Enterprise Co., Ltd.

Glass Alternative Materials Market Share