Laminated Glass Market Forecast to 2028

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Laminated glass in the market is expected to reach US $ 32.10 billion by 2028 compared to US $ 20.76 billion in 2021, it is expected to grow at a CAGR of 6.4% from 2021 to 2028. Laminated glass is prepared by applying pressure and heat to several layers of heat-strengthened or tempered glass.

New York, January 07, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Laminated Glass Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Material Type and Application” – https://www.reportlinker.com/p06195609/?utm_source=GNW
Based on the type of material, the laminated glass market is segmented into polyvinyl butyral, ethyl vinyl acetate, ionoplast polymer, aliphatic TPU, and others.

The market, depending on the application, is segmented into building and construction, automotive, electronics, solar panels, and others. There is a great demand for laminated glass in the building and construction industry.

It is also used in automotive windshields. Thus, the rapid development of the automotive industry is expected to boost the demand for laminated glass during the forecast period.

Based on the applications, the global laminated glass market is segmented into building and construction, automotive, electronics, solar panels, and others. The building and construction segment held the largest share of the market in 2020.

In this industry, laminated glass is used in applications such as glass railing, glass floor, roofs, glass partition, interior glazed door and glazed entrance door, interior or exterior signage and glazed facade. It is widely used in residential and commercial buildings due to its strength and shatterproof nature.

In 2020, Asia-Pacific held the largest share of the global laminated glass market revenue share. The region is experiencing significant growth in urbanization, which increases the number of residential and commercial construction projects.

Rapid urbanization in Asia-Pacific is attributed to rising per capita income and affordable housing development activities. In addition, the region has a dominant automobile industry.

There is a great demand for laminated glass in the automotive industry for manufacturing car windshields.

Some of the major players in the laminated glass market include Asahi India Glass Limited; Cardinal Glass Industries, Inc .; Central Glass Co., Ltd. ; Fuyao Group; Guardian Glass LLC; Glass Press Sa; Saint Gobain SA; Schott Ag; Taiwan glass group; and Xinyi Glass Holdings Limited. The players operating in the market are strongly focused on developing innovative and high quality offers to meet customer requirements.

The size of the global laminated glass market has been derived from both a primary source and a secondary source. To begin the research process, a comprehensive secondary research was conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

In addition, several primary interviews were conducted with industry participants to validate the data, as well as to gain more analytical information on the topic. Participants in this process include industry experts such as vice presidents, business development managers, business intelligence managers and national sales managers, as well as external consultants such as valuation experts, research analysts and key opinion leaders specializing in the laminated glass market.
Read the full report: https://www.reportlinker.com/p06195609/?utm_source=GNW

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