Laminated Glass is a variety of safety glass manufactured by joining layers of Glass on both sides of a long-lasting plastic sheet. According to BlueQuark Research & Consulting, the Global Laminated glass market is expected to witness a significant growth rate during the forecasted period. Factors such as the rising application of Laminated Glass in replacing bricks in the construction sector and the growing need for safety and thermal and isolation properties in buildings are expected to drive the demand for the Laminated glass market in the forecasted period. Further, the increase in sunroofs and windshields of vehicles owing to safety concerns in the automotive industry is predicted to drive the demand for the Laminated glass market in the forecasted period. Furthermore, increased demand for upgraded glass products for specialized applications and a surge in demand from several end users, such as healthcare and telecom, are expected to drive the need for the laminated glass market in the forecasted period. However, the manufacturing and production operations of the automobile and the construction industry were also obstructed due to hindrances in the supply chain and a shortage of labor workforce, which resulted in a significant decrease in the demand for laminated Glass in the global market.
Laminated Glass is used in automobile windshields, gas stations, residential buildings, gas stations, bank security and ATM booths, jewelry shops, and other applications.
The laminated glass market is expected to observe substantial growth due to extensive laminated glass applications across several end users. The vast demand for laminated Glass in the construction and building sector due to its advantages of safety, security, and energy savings provides ample growth prospects for the laminated glass industry. Laminated Glass is mainly preferred for its strength and safety features, including hurricane and impact resistance, protection against forced entry, sound reduction, bullet resistance, and earthquake resistance. In addition, laminated Glass offers advantages such as safety, security, energy savings, increased durability, soundproofing, and more. In the construction sector, the growing trend of replacing cement, brick, and granite building exteriors with glass results in a spurt in demand for laminated Glass. Besides safety and energy savings, laminated Glass is aesthetically appealing for buildings and residential homes. Laminated Glass is increasingly used in the construction sector because of its features like increased safety/security, reduced emissions, reduced noise pollution, and protection during natural disasters. Laminated Glass may also decrease solar heating, keeping building interiors cool and lowering energy use. Further, when utilized as windows, the laminated Glass may break sound waves depending on its thickness, decreasing noise pollution from the outside. Furthermore, laminated Glass will remain entirely in the case of natural catastrophes like hurricanes or earthquakes, minimizing the risk of injuries and deaths if windows crash on people.
Asia Pacific is predicted to continue leading in the laminated glass market due to the ever-growing demand from developing countries. The exponential growth of the construction sector due to massive infrastructural development and rapid urbanization in developing countries of the area are indirectly fueling the laminated glass market in the region. Automobile manufacturers have used laminated glasses for windshields, sound absorption enhancements, and infrared and UV radiation reflectiveness. In addition, high-end cars use laminated backlights with embedded tungsten wires for defrosting purposes. Furthermore, laminated Glass is utilized in vehicle windshields as it will give possible protection in an accident. With laminated Glass, people are safer in car crashes because the windshield stays intact, preventing glass pieces from flying toward passengers. With extending automobile capacity by various manufacturers, the need for laminated Glass is predicted to surge in the forecast period. Laminated Glass is generally manufactured by pasting polyvinyl butyral resin glue film linking two or more pieces of the glass sheet, then pressing, heating, and bonding them together to produce a flat or curved compound glass product. Polyvinyl butyral laminated glass has good tenacity performance, which absorbs a large amount of force and disperses it evenly. In addition, polyvinyl butyral laminated glass displays viscoelasticity properties, reducing sound acoustic insulation.
The market's key players are Saint-Gobain, AGC Inc., Guardian Glass LLC, Nippon Sheet Glass Co. Ltd, and Fuyao Glass Industry Group, among others.
In October 2021, Gentex Corporation, a US-based provider of high-tech electronic products for the automotive, aerospace, and commercial fire protection industries, announced the acquisition of a novel laminating technology that produces durable, lightweight, ultra-thin Glass for aircraft cabin partitions, mirrors, and wood veneer applications.
In February 2022, AGC Inc., a Japanese Glass manufacturing company, announced the investment of 10 million euros in laminated glass lines at its Osterweddingen, Germany Facility.
In November 2022, Fenzi Holdings SPV S.p.A ., an Italian chemical company, announced the acquisition of Johnson Matthey's Advanced Glass Technologies business.
Global Laminated Glass Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the market by Laminated Glass segmenting based on the Product Type (Polyvinyl Butyral (PVB), Sentryglas Plus (SGP), Ethylene-vinyl Acetate (EVA), and Other Types), End-user Industry (Automotive, Building and Construction, Electronics, and Other End-user Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.
Global Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
North America Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
United States Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Canada Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Mexico Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Europe Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Other Supporting Charts
United Kingdom Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Germany Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Italy Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
France Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Spain Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Rest of Europe Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
South America Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Brazil Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Argentina Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Rest of South America Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Asia-Pacific Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
China Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
India Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Japan Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
South Korea Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
ASEAN Countries Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Rest of Asia-Pacific Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Middle East & Africa Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Saudi Arabia Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
South Africa Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027
Rest of Middle-East & Africa Laminated Glass Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027