Global Laminated Glass Market – Industry Analysis and Forecast (2019-2027)
Posted by manisha on May 24th, 2021
Global Laminated Glass Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 6.01% during forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Major driver of global laminated glass market are increasing awareness about various benefits of offered by laminated glasses like security, safety and energy savings in the construction industry has triggered the demand for laminated glass. Rising need of advanced laminated glass products for particular applications, rising demand from emerging regions, and increasing demand for laminated glass from end-use industries like healthcare, electronics, aerospace, and telecom, among others, is expected to boost growth of the laminated glass
Rising demand for laminated glass across automotive industry for manufacturing light commercial vehicles, passenger cars, buses & coaches, and heavy trucks. Furthermore, stringent automobile safety rules and regulations is among additional factor estimated to fuel revenue growth of the target market.
However, high and fluctuating raw material cost is a major factor estimated to restraint growth of the global laminated glass market to significant extent. Growing trend of replacing cement, granite, and brick building exteriors globally, coupled with ongoing growth in the automotive sales in the various regions, is estimated to boost demand for global laminated glass market.
Based on the end-use industry segment, the building & construction industry is expected to hold the largest market share during the forecast period. The growth in building & construction industry can be attributed to the growing construction industry worldwide, especially in emerging regions. In addition to this, growing investments by governments of various countries around the globe in infrastructural development projects like airports, and public transit systems is driving the demand for global laminated glass market.
In terms of region, Asia-Pacific dominated the global laminated glass market in 2016, in terms of value. Growing population, rapid urbanization, and rising disposable income of consumers in emerging economies like China, and India are contributing to the growth of the global laminated glass market in this region. The presence of major laminated glass manufacturers, like AGC Nippon Sheet Glass, and Central Glass, among others is expected to further support the growth of the market in Asia-Pacific.
This report segments the global laminated glass market based on interlayer, end-use industry, and region, and provides the estimations for the overall value of the market and its sub segments across various regions. A detailed examination of the key industry players has been directed to provide visions into their business impressions, agreements, key strategies, acquisitions, growth, and recent developments related with the global laminated glass market.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global laminated glass market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the modest analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global laminated glass market.
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Global Laminated Glass Market, By Interlayer
• Polyvinyl Butyral
• Building & Construction
• North America
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About the Authormanisha
Joined: June 26th, 2020
Articles Posted: 99
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