Composites and Advanced Materials

According to a market report by Lucintel, the future of the laminated glass market looks promising with opportunities in the building and construction, automotive, electronic, and solar panel end uses. The global laminated glass market is expected to reach an estimated $31.1 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are increasing number of construction activities, stringent safety restraints in the automotive industry, and growing demand of value-added glass products.



In this market polyvinyl butyral, ethyl vinyl acetate, ionoplast polymer, and aliphatic TPU are the major material type segments. Lucintel forecasts that polyvinyl butyral will remain the largest material type segment over the forecast period due to its increasing application in automotive and construction industries owing to its capability to balance strength and toughness, ensuring cost economy.



Within this market, building and construction is expected to remain the largest end use segment due to the increasing usage of laminated glass in various applications, such as offices, schools, hotels, airport terminals, and libraries owing to its noise insulation properties.



APAC will remain the largest region due to significant growth in the automotive industry and ongoing infrastructural development in emerging economies, such as China, India, and Vietnam.

Saint-Gobain, AGC, Nippon Sheet Glass, Central Glass Co.,Sisecam Group, Guardian Industries Corporation, Xinyi Glass,  Fuyao Glass Industry, and  Schott are the major suppliers in the global laminated glass market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global laminated glass market by material type, end use, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Laminated Glass Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global laminated glass market by material type, end use, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the laminated glass market by material type (polyvinyl butyral, ethyl vinyl acetate, ionoplast polymer, aliphatic TPU, and others), end use (building and construction, automotive, electronic, solar panels, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?