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.
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.
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.
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.
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