What is Global Laminated Glass Market?
The Global Laminated Glass Market is a vast and dynamic sector that encompasses a wide range of applications and products. Laminated glass, also known as safety glass, is a type of glass that holds together when shattered, thanks to an interlayer sandwiched between two or more layers of glass. This interlayer keeps the layers of glass bonded even when broken, and its high strength prevents the glass from breaking up into large sharp pieces. This characteristic makes laminated glass the material of choice for applications requiring strong, durable, and safe materials, such as in automotive windshields, building windows, and high-rise buildings. The global market for laminated glass is driven by its increasing demand in various end-use industries, including construction, automotive, and others.
PVB, EVA, SGP, Other in the Global Laminated Glass Market:
The Global Laminated Glass Market is segmented based on the type of interlayer used, namely PVB (Polyvinyl Butyral), EVA (Ethylene-vinyl Acetate), SGP (SentryGlas Plus), and others. PVB is the most commonly used interlayer in laminated glass due to its excellent adhesion, clarity, and toughness. EVA, on the other hand, offers superior encapsulation properties and is often used in solar panel modules. SGP is a high-strength interlayer that provides greater rigidity and resistance to impact than other interlayers. Other types of interlayers include thermoplastic polyurethane (TPU) and ionoplast interlayers. Each type of interlayer offers unique properties and benefits, making them suitable for different applications and end-use industries.
Construction, Home and Office, Automotive, Other in the Global Laminated Glass Market:
The Global Laminated Glass Market finds extensive usage in various areas such as construction, home and office, automotive, and others. In the construction industry, laminated glass is used in windows, doors, and facades for its safety and sound insulation properties. In homes and offices, it is used in furniture, partitions, and interior decorations for its aesthetic appeal and safety features. In the automotive industry, laminated glass is primarily used in windshields for its ability to hold together when shattered, thereby reducing the risk of injury in case of accidents. Other applications of laminated glass include security glazing, hurricane-resistant windows, and skylights.
Global Laminated Glass Market Outlook:
The global Laminated Glass market, valued at US$ 13020 million in 2022, is projected to reach a value of US$ 16730 million by 2029. This represents a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2023 to 2029. The production of laminated glass is primarily concentrated in China, which accounted for about 32% of the global market share in 2019. This indicates that China plays a significant role in the global laminated glass market, both in terms of production and consumption. However, it's important to note that the market dynamics can change over the forecast period due to various factors such as technological advancements, changes in consumer preferences, and shifts in the global economic landscape.
| Report Metric | Details |
| Report Name | Laminated Glass Market |
| Accounted market size in 2022 | US$ 13020 in million |
| Forecasted market size in 2029 | US$ 16730 million |
| CAGR | 3.6% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | AGC Glass, Saint-Gobain, Guardian, CSG Holding, Nippon Sheet Glass, Vitro Architectural Glass, Sisecam Group, Fuyao Group, Taiwan Glass, Viridian, Schott, Benxi Yujing Glass, Carey Glass, JE Berkowitz, Lami Glass |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
