Advanced Glass Market growth outlook with industry review and forecasts 2017-2024

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Advanced Glass Market Update, Analysis, Forecast,
2017 2024
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Global Market Scenario of Advanced Glass Industry

• Advanced Glass Market is set to surpass USD 110
  billion by 2024 according to a new research
  report by Global Market Insights, Inc
• Global advanced glass market should surpass 85
  million tons at end of 2024. Rapid
  industrialization urbanization rate in China,
  Brazil, and India along with favorable government
  schemes to boost infrastructure development will
  support growth of housing, construction and
  automotive industries, thereby stimulating
  advanced glass market demand. Rising
  environmental concerns pertaining to carbon
  emissions and energy efficiency along with shift
  in consumer preference towards green buildings
  and safety products should positively influence
  advanced glass market growth.
• Enormous movement of migrants to western
  countries with regulations regarding
  environmental concerns enforced by REACH and EPA
  for residential and non-residential buildings,
  should drive advanced glass market demand.
  Introduction of guidelines by LEED and FEMA
  pertaining to safety applications along with rise
  in per-capita middle class disposable income and
  living standards of consumers have further surged
  advanced glass market demand.

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• Laminated glass market demand from automotive
  windshield application should register gains at
  over 6.5 by 2024. These products are widely used
  in the windscreens as they offer improved driver
  vision during bad climatic conditions such as
  ice, rain, mud and fog. The products are
  resistant to impact and shock with the ability to
  absorb sun rays up to 99.9 and minimize UV
  transmission. Increasing automotive manufacturing
  base in China and India, and established
  transport industry in Europe along with
  visibility visual comfort, thermal comfort,
  acoustic comfort, style and taste of these
  products in vehicles should positively impact
  advanced glass market demand.
• Key raw materials such as natural gas, soda ash
  and silica along with specialized mechanical and
  chemical methods are used in the production
  process. Demand supply deficit of these raw
  materials and processing cost of the product
  according to customer requirement may hinder
  advanced glass market price trend.
• Toughened glass market demand from greenhouse
  applications should surpass USD 1 billion during
  the projected timespan. The product is used for
  both walls and roofs for agricultural
  greenhouses. Superior properties such as high
  transparency high conductivity of light and
  heat along with allowance to trap energy into
  greenhouse to warm air, plants water, should
  catalyze advanced glass market growth.

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360 Industry Analysis

• North America, with steady growth in the U.S.
  advanced glass market size should surpass 2
  billion square meters during the forecast period.
  Shift in builders trends towards environmental
  protection, safety, natural insulation and
  security in the buildings along with widespread
  of usage of recyclable and environmental friendly
  materials should positively influence regional
  industry growth. Advanced glass possesses various
  characteristics such as superior solar control
  performance, transmission and absorption
  properties, thereby enhancing the energy
  effectiveness of the buildings, resulting into
  increased advanced glass market demand.
• Low emissivity coated glass market demand from
  automotive windshield applications may exceed USD
  3.2 billion by 2024. The product provides high
  strength and does not break up into small sharp
  pieces in case of accidents. Low E offers low
  surface emissivity and it absorbs and re-radiates
  less light and heat, thus making it suitable for
  automotive windscreen applications. Increased RD
  spending on development of these products and
  being used in automotive rear and side view
  mirrors which should drive advanced glass market
  size.

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• UK coated glass market size from non-residential
  buildings should witness significant gains close
  to 3 during the foreseeable timeframe. Stringent
  regulations by EU Commission pertaining to energy
  savings and CO2 emissions along with enhanced
  usage of product in hospitals, commercial
  buildings, offices and institutions to minimize
  the use of air conditioners and promote renewable
  energy resources should fuel regional advanced
  glass market growth.
• India advanced glass market size from solar
  control glass applications is likely to register
  growth close to 5.5 during the projected
  timespan. These products permit sunlight to pass
  through them, but restricting the solar heat
  inside the building.
• Competitive Analysis
• Prominent manufacturers in advanced glass market
  space include NSG, Guardian Industries,
  Saint-Gobain, Glaze-Tech Industries, PPG
  Industries, AGC, and Sisecam Group. Industry
  participants are focusing on RD to develop and
  expand product range and making strategies to
  size up production capacities to strengthen
  regional and global presence.

Regional Analysis
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