Product Code: A31645
The global laminated glass market was valued at $19.3 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.
Laminated glass, also known as safety glass, is made by bonding layers of glass to the back and front of durable plastic sheets. There is a thin polymer interlayer between its two or more layers of glass, and it is typically formed of polyvinyl butyral (PVB), ethylene-vinyl acetate (EVA), tonoplast polymers, cast in place (CIP) liquid resin, or thermoplastic polyurethane (TPU). The interlayer's tremendous strength prevents the glass from shattering into large, sharp fragments and keeps the glass layers together even when it is fractured. Glass fractures in a distinctive spider web pattern when an impact is not strong enough to completely shatter it.
The rise in demand for renewable and clean energy has increased tremendously over the few decades. Given the growing concern about climate change, the fact that solar power generation offers a clean alternative to electricity produced from fossil fuels, with no risk of electricity price spikes, no air or water pollution, and no risks to public health, is essential. In solar panels, laminated glass is primarily used to shield the photoelectric semiconductor from external factors like dampness. Researchers, scientists, and engineers are constantly producing new ways to develop technology to harness solar energy in the simplest and most efficient way possible.
The growth of new solar technologies will result in an increase in the market for laminated glass in the coming years. Homeowners and business owners are already looking for creative ways to cut costs and improve the environment. Laminated glass installation cuts down on energy wastage. Once deployed, it reduces future costs and money. For instance, Bent Glass Design offers laminated glass for solar panels which consists of several panes of glass linked by an interlayer and is strong, especially in situations when the glass is broken. To improve solar performance for systems with laminated glass, the XIR solar control film is laminated. This form of glass is appropriate for both residential and commercial settings. Greater energy efficiency, UV protection, and better sound absorption are all advantages of laminated safety glass from Bent Glass Design.
Additionally, Eastman Chemical Company has experience designing glazing for sun control using several interlayer materials. To provide solar control, coated glass can be laminated using most Eastman architectural PVB interlayers. Many manufacturers are using laminated glass for their convenience. For instance, Onyx Solar Group LLC manufactures photovoltaic laminated glass available in varying thickness such as 3, 6, 10, 12 and 19 mm. Its photovoltaic laminated glass has earned the UL Listed Mark and has been tested according to IEC standards successfully. The global market for laminated glass has grown enormously due to rising use of solar energy.
The availability of substitutes is one of the restraining factors affecting the growth of laminated glass market. Laminated glass can be replaced with acrylic glass. Acrylic is an organic substance that exists in one continuous form. Both acrylic and laminated glass are transparent building materials with great pressure resistance that are appropriate for applications like aquariums in marine museums and boat windows. Thermal conductivity of acrylic is lower than that of laminated glass. In contrast to laminated glass, acrylic offers more heat insulation.
Additionally, acrylic is the optimum material because of its superior impact resistance, durability, and adaptability. Acrylic is therefore used in deep sea underwater windows. Many manufacturers have marketed their acrylic products in the market. For instance, Plexiglas and Perspex are brands of acrylic glass produced by Hydrosight GmbH. The growth of laminated glass market is hindered to some extent owing to the easy availability of acrylic and its excellent features.
Urbanization has created wonderful opportunities for the expansion of the laminated glass market. According to the United Nations, 70% of the world's population is expected to live in urban areas by 2050. Many rural residents find urbanization appealing because of the numerous opportunities it gives to raise their quality of life. Employment is one factor that encourages individuals from rural areas to urban places. The reduced employment opportunities in rural areas have contributed to this trend. In addition, urban areas are better able to address the needs of the people in terms of health and education, which stimulates migration there. The demand for laminated glass has increased due to increase in urbanization because it is necessary for construction. Therefore, urbanization offers fantastic opportunity for the growth of laminated glass market.
The laminated glass market is segmented into material type, application, end-use industry, and region. By material type, the market is divided into polyvinyl butyral, ethyl vinyl acetate, ionoplast polymer and others (aliphatic TPU). By application, the market is divided into automobile windshields, bank security and ATM booths, jewelry shops, residential buildings, and others (gas stations). By end-use industry, the laminated glass market is classified into building and construction, automotive, solar panels, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global laminated glass market are AGC Inc., Asahi India Glass Limited., Central Glass Co., Ltd., CSG HOLDING CO., LTD., FUSO, Guardian Industries, PRESS GLASS Holding SA, Saint-Gobain S.A., Sisecam and Xinyi Glass Holdings Limited.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the laminated glass market analysis from 2021 to 2031 to identify the prevailing laminated glass market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the laminated glass market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global laminated glass market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Material Type
- Others
- Polyvinyl Butyral
- Ethyl Vinyl Acetate
- Ionoplast Polymer
By Application
- Automobile Windshields
- Bank Security and ATM Booths
- Jewellery Shops
- Residential Buildings
- Others
By End Use Industry
- Building and Construction
- Automotive
- Solar Panels
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- FUSO
- Central Glass Co., Ltd.
- CSG HOLDING CO.,LTD.
- Sisecam
- Xinyi Glass Holdings Limited.
- Saint-Gobain S.A.
- Guardian Industries
- AGC INC.
- Asahi India Glass Limited.
- PRESS GLASS Holding SA
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in adoption from construction and automotive sectors
- 3.4.1.2. Rising use of solar energy
- 3.4.1.3. Growing infrastructure development
- 3.4.2. Restraints
- 3.4.2.1. High price and installation cost
- 3.4.2.2. Availability of substitutes
- 3.4.3. Opportunities
- 3.4.3.1. Increase in migration toward urban area
- 3.5. COVID-19 Impact Analysis on the market
- 3.6. Patent Landscape
- 3.7. Pricing Analysis
- 3.8. Regulatory Guidelines
CHAPTER 4: LAMINATED GLASS MARKET, BY MATERIAL TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Polyvinyl Butyral
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Ethyl Vinyl Acetate
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Ionoplast Polymer
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: LAMINATED GLASS MARKET, BY APPLICATION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Automobile Windshields
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Bank Security and ATM Booths
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Jewellery Shops
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Residential Buildings
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: LAMINATED GLASS MARKET, BY END USE INDUSTRY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Building and Construction
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Automotive
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Solar Panels
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
CHAPTER 7: LAMINATED GLASS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Material Type
- 7.2.3. Market size and forecast, by Application
- 7.2.4. Market size and forecast, by End Use Industry
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Key market trends, growth factors and opportunities
- 7.2.5.1.2. Market size and forecast, by Material Type
- 7.2.5.1.3. Market size and forecast, by Application
- 7.2.5.1.4. Market size and forecast, by End Use Industry
- 7.2.5.2. Canada
- 7.2.5.2.1. Key market trends, growth factors and opportunities
- 7.2.5.2.2. Market size and forecast, by Material Type
- 7.2.5.2.3. Market size and forecast, by Application
- 7.2.5.2.4. Market size and forecast, by End Use Industry
- 7.2.5.3. Mexico
- 7.2.5.3.1. Key market trends, growth factors and opportunities
- 7.2.5.3.2. Market size and forecast, by Material Type
- 7.2.5.3.3. Market size and forecast, by Application
- 7.2.5.3.4. Market size and forecast, by End Use Industry
- 7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Material Type
- 7.3.3. Market size and forecast, by Application
- 7.3.4. Market size and forecast, by End Use Industry
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Key market trends, growth factors and opportunities
- 7.3.5.1.2. Market size and forecast, by Material Type
- 7.3.5.1.3. Market size and forecast, by Application
- 7.3.5.1.4. Market size and forecast, by End Use Industry
- 7.3.5.2. France
- 7.3.5.2.1. Key market trends, growth factors and opportunities
- 7.3.5.2.2. Market size and forecast, by Material Type
- 7.3.5.2.3. Market size and forecast, by Application
- 7.3.5.2.4. Market size and forecast, by End Use Industry
- 7.3.5.3. UK
- 7.3.5.3.1. Key market trends, growth factors and opportunities
- 7.3.5.3.2. Market size and forecast, by Material Type
- 7.3.5.3.3. Market size and forecast, by Application
- 7.3.5.3.4. Market size and forecast, by End Use Industry
- 7.3.5.4. Spain
- 7.3.5.4.1. Key market trends, growth factors and opportunities
- 7.3.5.4.2. Market size and forecast, by Material Type
- 7.3.5.4.3. Market size and forecast, by Application
- 7.3.5.4.4. Market size and forecast, by End Use Industry
- 7.3.5.5. Italy
- 7.3.5.5.1. Key market trends, growth factors and opportunities
- 7.3.5.5.2. Market size and forecast, by Material Type
- 7.3.5.5.3. Market size and forecast, by Application
- 7.3.5.5.4. Market size and forecast, by End Use Industry
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Key market trends, growth factors and opportunities
- 7.3.5.6.2. Market size and forecast, by Material Type
- 7.3.5.6.3. Market size and forecast, by Application
- 7.3.5.6.4. Market size and forecast, by End Use Industry
- 7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Material Type
- 7.4.3. Market size and forecast, by Application
- 7.4.4. Market size and forecast, by End Use Industry
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Key market trends, growth factors and opportunities
- 7.4.5.1.2. Market size and forecast, by Material Type
- 7.4.5.1.3. Market size and forecast, by Application
- 7.4.5.1.4. Market size and forecast, by End Use Industry
- 7.4.5.2. India
- 7.4.5.2.1. Key market trends, growth factors and opportunities
- 7.4.5.2.2. Market size and forecast, by Material Type
- 7.4.5.2.3. Market size and forecast, by Application
- 7.4.5.2.4. Market size and forecast, by End Use Industry
- 7.4.5.3. Japan
- 7.4.5.3.1. Key market trends, growth factors and opportunities
- 7.4.5.3.2. Market size and forecast, by Material Type
- 7.4.5.3.3. Market size and forecast, by Application
- 7.4.5.3.4. Market size and forecast, by End Use Industry
- 7.4.5.4. South Korea
- 7.4.5.4.1. Key market trends, growth factors and opportunities
- 7.4.5.4.2. Market size and forecast, by Material Type
- 7.4.5.4.3. Market size and forecast, by Application
- 7.4.5.4.4. Market size and forecast, by End Use Industry
- 7.4.5.5. Australia
- 7.4.5.5.1. Key market trends, growth factors and opportunities
- 7.4.5.5.2. Market size and forecast, by Material Type
- 7.4.5.5.3. Market size and forecast, by Application
- 7.4.5.5.4. Market size and forecast, by End Use Industry
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Key market trends, growth factors and opportunities
- 7.4.5.6.2. Market size and forecast, by Material Type
- 7.4.5.6.3. Market size and forecast, by Application
- 7.4.5.6.4. Market size and forecast, by End Use Industry
- 7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Material Type
- 7.5.3. Market size and forecast, by Application
- 7.5.4. Market size and forecast, by End Use Industry
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Key market trends, growth factors and opportunities
- 7.5.5.1.2. Market size and forecast, by Material Type
- 7.5.5.1.3. Market size and forecast, by Application
- 7.5.5.1.4. Market size and forecast, by End Use Industry
- 7.5.5.2. Saudi Arabia
- 7.5.5.2.1. Key market trends, growth factors and opportunities
- 7.5.5.2.2. Market size and forecast, by Material Type
- 7.5.5.2.3. Market size and forecast, by Application
- 7.5.5.2.4. Market size and forecast, by End Use Industry
- 7.5.5.3. South Africa
- 7.5.5.3.1. Key market trends, growth factors and opportunities
- 7.5.5.3.2. Market size and forecast, by Material Type
- 7.5.5.3.3. Market size and forecast, by Application
- 7.5.5.3.4. Market size and forecast, by End Use Industry
- 7.5.5.4. Rest of LAMEA
- 7.5.5.4.1. Key market trends, growth factors and opportunities
- 7.5.5.4.2. Market size and forecast, by Material Type
- 7.5.5.4.3. Market size and forecast, by Application
- 7.5.5.4.4. Market size and forecast, by End Use Industry
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
- 9.1. Guardian Industries
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Key strategic moves and developments
- 9.2. Xinyi Glass Holdings Limited.
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.3. PRESS GLASS Holding SA
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.4. Sisecam
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. Saint-Gobain S.A.
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Asahi India Glass Limited.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.7. Central Glass Co., Ltd.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.8. CSG HOLDING CO.,LTD.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.9. AGC INC.
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. FUSO
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio