Laminated Glass Market Growth by Key Countries

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Global laminated glass market

Global laminated glass market

Global laminated glass market

Dublin, 25 Feb. 2022 (GLOBE NEWSWIRE) — The “Global Interlayer (Polyvinyl Butyral, Ionoplast Polymer) Laminated Glass Market, End-Use Industry (Construction, Automotive) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, South America) ) – Forecast until 2026″ report has been added to from ResearchAndMarkets.com offer.

The global laminated glass market is expected to grow from USD 20.8 billion in 2021 to USD 27.8 billion by 2026, growing at a CAGR of 6% between 2021 and 2026.

The laminated glass construction industry holds the largest market share, in terms of value and volume

The construction industry is expected to experience strong growth over the forecast period owing to the growing demand for residential and commercial buildings. Laminated glass is soundproof, dustproof and ideal for protection against UV rays. Laminated glass retains its shape even after breakage and is therefore used as safety glass in showrooms and offices and buildings.

Polyvinyl butyral is the fastest growing laminated glass interlayer, in terms of value

Polyvinyl butyral is the most widely used interlayer for the manufacture of laminated glass. This mid-layer has high adhesion, sunlight stability, optical clarity, high tear resistance and shock absorption characteristics. The polyvinyl butyral spacer also contributes to sound insulation and reduced UV transmission. Polyvinyl butyral spacer provides high strength and intrusion resistance against burglary, bullet, hurricane and explosion. For bullet and projectile resistance, lenses can be designed with multiple polyvinyl butyral and glass spacers. PVB is a widely accepted choice for laminated glass used in windshields.

Asia-Pacific is the fastest growing laminated glass market

Asia-Pacific region is expected to register the highest CAGR in terms of value and volume in the global laminated glass market during the forecast period. The growth of the laminated glass industry in this region is supported by the recovery of the construction industry, and the growing awareness and concern about UV and noise protection and forced entry, stimulate the market.

Due to COVID-19, the construction industry has come to a standstill, which has led to reduced demand for laminated glass in Asia-Pacific countries. Recovery of end-use with catering sector in the supply chain would drive the demand for laminated glass over the forecast period. The rapid urbanization of the region would sustain the high growth rate.

Main topics covered:

Premium Previews

  • Laminated Glass Market Size, 2026, by Volume – Significant growth expected in the laminated glass market between 2021 and 2026

  • Laminated glass market, by end-use industry and interlayer, 2020 – Construction industry dominated laminated glass market with polyvinyl butyral as main interlayer

  • Laminated glass market, by region, 2021 vs 2026 – Asia-Pacific will dominate the laminated glass market

  • Laminated glass market growth, by key countries – China to be the fastest growing laminated glass market (2021-2026)

Market dynamics

Drivers

  • Increased adoption in the construction industry

  • Safety restraint devices in the automotive industry

  • Growing construction market

Constraints

  • High investment requirements

  • Higher cost of glass bonding adhesives than conventional adhesives

  • Government regulations on carbon dioxide emissions

Opportunities

Challenges

Companies cited

  • AGC Inc.

  • Apogee Enterprises, Inc.

  • Cardinal Glass Industries

  • Central Glass Co. Ltd.

  • China Luoyang Float Glass Group Co. Ltd.

  • China Specialty Glass AG

  • CSG Holdings Co.Ltd.

  • Euroglas GmbH

  • Evalam

  • Fuso

  • Fuyao Glass Industry Group Co.Ltd.

  • Guardian Industries Corporation

  • Gulf Glass Industries

  • Nippon Sheet Glass Co. Ltd.

  • Press Glass SA

  • Qingdao Kangdeli Industrial & Trading Co.Ltd.

  • Saint-Gobain SA

  • Sangalli Group

  • Scheuten glass

  • Schott SA

  • Sisecam Group

  • Syracuse Glass Company

  • Taiwan Glass Industry Society

  • Trulite Glass and Aluminum Solutions

  • TVITEC

  • Vitro

  • Xinyi Glass Holdings Limited

For more information on this report, visit https://www.researchandmarkets.com/r/kca2q8

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