The demand for advanced glass is driven by the increase in use of advanced glass across various industry verticals such as industrial, railways, infrastructure, automobiles, electronics and commercial and residential sector. The advantages provided by advanced glass such as security, sound reduction, UV control, durability, installation ease, safety, design versatility and others further make it suitable for use, thereby driving the growth of the market. The extensive range of advanced glass which is being provided by the advanced glass is expected to boost the growth of the market over the forecasted period.
The key players of advanced glass market are Murata Manufacturing Co Ltd (Japan), American Precision Glass Corp (U.S.), Atheer, Inc. (U.S.), Vurix Corporation (U.S.), Thermoseal Industries LLC (U.S.), Packerland Glass Products Inc. (U.S.), Nippon Sheet Glass Co., Ltd (Japan), CoorsTek, Inc. (U.S.), Saint-Gobain Glass (India), SCHOTT AG (Germany) among others.
Market Research Analysis
Among all end-uses, the advanced glass is gaining importance in the automotive industry. The advanced glass is used in automotive photovoltaic roof systems for actively supplying power to the vehicle and substantially reducing the reliance on conventional sources of energy. The advanced glass helps automobile manufacturers to meet sustainability requirements by producing and using high performance infra-red reflecting and advanced infra-red absorbing glazing.
APAC region is expected to be the fastest growing region during the forecast period due to huge investments from existing key players in the region. The adoption of various growth strategies by the companies and huge investments in research and development for development of technically advanced unique products is also expected to drive the growth of the market. North America region is also expected to grow at a relatively slow pace during the forecasted period due to the existence of good infrastructure in the region.
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Scope of the Report
This study provides an overview of the global advanced glass market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global advanced glass market by its type, end- user and region.
By End- user
Rest of the World
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