Quick Summary:
In the ever-evolving landscape of technology and industry, the global market for Advanced Glass stands as a testament to innovation, projected to reach a substantial size of US$122.8 Billion by 2030, from its estimated valuation of US$75.5 Billion in 2022. Fueled by diverse segments such as safety, security and solar control, the market presents immense opportunities for growth, adoption and technological refinement in the predicted 8-year period.
Particularly noteworthy is the estimated market presence across the globe. The U.S., presently valued at $22.7 Billion stands alongside the world's second largest economy, China, with its impressive predicted CAGR of 5.8%. Other prominent markets, such as Japan, Canada, and Europe, particularly Germany, showcase promising growth rates, underscoring the global demand for advanced glass solutions. Further enhancing the value of this research is the special inclusion of advanced glass market standings of key competitors, offering an invaluable insight into the competitive environment.
Global Advanced Glass Market to Reach $122.8 Billion by 2030
The global market for Advanced Glass estimated at US$75.5 Billion in the year 2022, is projected to reach a revised size of US$122.8 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030. Safety & Security, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$59 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Solar Control segment is readjusted to a revised 6.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $22.7 Billion, While China is Forecast to Grow at 5.8% CAGR
The Advanced Glass market in the U.S. is estimated at US$22.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21.3 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 22 Featured) -
- Asahi Glass Co., Ltd.
- Compagnie de Saint-Gobain
- Corning, Inc.
- Fuyao Glass Industry Group Co., Ltd.
- Gentex Corporation
- Guardian Industries Corporation
- Nippon Sheet Glass Co., Ltd.
- Sisecam Group
- Xinyi Glass Holdings Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Advanced Glass?
What is the growth rate of the Global Market for Advanced Glass?
What is the forecasted size of the Global Market for Advanced Glass?
Who are the key companies in the Global Market for Advanced Glass?
| Report Attribute | Details |
|---|---|
| No. of Pages | 284 |
| Published | November 2023 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 65.7 Billion |
| Forecasted Market Value ( USD | $ 100.2 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Asahi Glass Co., Ltd.
- Compagnie de Saint-Gobain
- Corning, Inc.
- Fuyao Glass Industry Group Co., Ltd.
- Gentex Corporation
- Guardian Industries Corporation
- Nippon Sheet Glass Co., Ltd.
- Sisecam Group
- Xinyi Glass Holdings Ltd.
