Global Market for Laminated Glass is Anticipated to grow at a Significant Pace i.e., USD 28.4 Billion during the Forecast Period 2021-2027

Published Date: Jan, 2022

The laminated glass market is anticipated to have considerable growth i.e. at a 6.1% CAGR owing to the extensive application of laminated glass in various industry verticals. Multiple layers of heat-strengthened or tempered glass are pressed together and heated to create laminated glass. An interlayer separates the laminated glass. When glass fragments are hit by an impact, the interlayer helps to hold them together. The laminated glass demand is growing in the building and construction industry owing to benefits such as safety, security, and saving of energy. Hurricane and impact resistance, protection against forced entry, sound reduction, bullet resistance, and earthquake resistance are some of the reasons why laminated glass is recommended. Furthermore, the rising demand for upgraded glass products for specific applications and rising demand from various industry verticals like healthcare, automotive, and telecom will drive the growth of the market.

In December 2021, Saint-Gobain Ecophon and Lindab Group have entered into a partnership for novel and sustainable indoor environment systems that integrates a sound acoustic environment with healthy indoor air.

The COVID-19 pandemic has disrupted various end-user industries like the chemicals and materials industry, building & construction industry, automobile industry using laminated glasses. This has resulted in suspension or slowdown of glass production in factories and makes it tough to satisfy current demands. Thus, the less demand from industry verticals during the COVID-19 outbreak has slowed down the growth of the laminated glass market.

Browse 43 market data Tables and 30 Figures spread through 200 Pages and in-depth TOC on " Laminated Glass Market by Type or Interlayer (Polyvinyl Butyral (PVB), Sentryglas Plus (SGP), Ethylene-Vinyl Acetate (EVA), and Others), by Industry Vertical (Automotive, Building & Construction, Electronics, and Others), and Region - Global Forecast to 2027"

By interlayer, polyvinyl butyral (PVB) segment is projected to dominate the market during the forecast period.

Based on type or interlayer, the global laminated glass market is categorized into polyvinyl butyral (PVB), Sentryglas Plus (SGP), ethylene-vinyl acetate (EVA), and others. The polyvinyl butyral (PVCB) contributes to the largest share during the forecast period 2021-2027. Polyvinyl butyral laminated glass has a high tenacity, which means it can absorb a lot of force and distribute it uniformly. Furthermore, viscoelasticity is present in polyvinyl butyral laminated glass, lowering sound acoustic insulation.

Global Laminated Glass Market Segmentation Analysis

Segment

Categorization

Leading Category

Type of Interlayer

Polyvinyl Butyral (PVB), Sentryglas Plus (SGP), Ethylene-Vinyl Acetate (EVA), and Others

Polyvinyl Butyral (PVB)

(Largest)

Industry Vertical

Automotive, Building & Construction, Electronics, and Others

Building & Construction (Largest)

Automotive

(Significant Growth)

Region

North America, Europe, Asia-Pacific, and Rest of the World

Asia-Pacific (Fastest)

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“APAC to be the fastest-growing region during 2021-2027.”

APAC is expected to be the fastest-growing region and registers significant growth owing to the rising demand for laminated glass from emerging economies like China and India, the development of the automotive sector in China, and continuous investment in the construction sector. The COVID-19 pandemic has had a negative impact on the laminated glass market in the region. However, the stimulus packages from the government have led to maintaining liquidity in the laminated glass market.

Some of the major players in the global laminated glass market include Saint-Gobain S.A., AGC Inc., Nippon Sheet Glass Co., Ltd, Central Glass Co., Ltd., glassonweb.com (Sisecam Group), Taiwan Glass Industry Corporation, GUARDIAN INDUSTRIES, Xinyi Glass Holdings Limited, Schott AG, Asahi Glass Company, and fuyaogroup.com (Fuyao Glass Industry Group).

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Type of Interlayer, Industry Vertical, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Saint-Gobain S.A., AGC Inc., Nippon Sheet Glass Co., Ltd, Central Glass Co., Ltd., glassonweb.com (Sisecam Group), Taiwan Glass Industry Corporation, GUARDIAN INDUSTRIES, Xinyi Glass Holdings Limited, Schott AG, Asahi Glass Company, and fuyaogroup.com (Fuyao Glass Industry Group)

 

Global Laminated Glass Market Coverage

Type of Interlayer Insight and Forecast 2015-2027

  • Polyvinyl Butyral (PVB)
  • Sentryglas Plus (SGP)
  • Ethylene-Vinyl Acetate (EVA)
  • Others

Industry Vertical Insight and Forecast 2015-2027

  • Automotive
  • Building & Construction
  • Electronics
  • Others

Geographical Segmentation

Laminated Glass Market by Region

North America

  • By Type of Interlayer
  • By Industry Vertical
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type of Interlayer
  • By Industry Vertical
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Type of Interlayer
  • By Industry Vertical
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type of Interlayer
  • By Industry Vertical
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries

 

 

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Global Market for Laminated Glass is Anticipated to grow at a Significant Pace i.e., USD 28.4 Billion during the Forecast Period 2021-2027