Advanced Glass Market to expand at a healthy 6.8% CAGR from 2020 to 2030


The Global Advanced Glass Market held USD 53.93 Billion in 2018 and is predicted to reach USD 96.7 Billion by 2027 with a CAGR of 6.8% from 2020-2030. Advanced glasses are specialized glasses produced using advanced technologies and materials that has special properties such as resistance to ultra-violet rays, solar control, coating, and durability. These glasses are widely being used in several applications such as in electronics, construction, automotive, and others.

Read Report Overview @
https://www.nextmsc.com/report/advanced-glass-market

Increasing demand for better constructions for residential, commercial and infrastructure buildings along with growing industrialization has lifted the market growth. In addition, the trends for the reducing several electronics equipment is also are powering the requirement for highly precise structured glass. This further is helping in the expansion of the advanced glass market. Adding to it, the advanced glass market size is likely to reach at a considerable value by 2027.  

The factors including increasing demand for value-added products in specific end-use industries, developing economies converting into large markets, and surge in urbanization majorly driven the advanced glass market. The growth of construction industry worldwide and stringent building & automobile safety codes has further supplemented the advanced glass market growth. However, fluctuating prices of raw materials and construction sector crisis is hampering the growth of the advanced glass market. The heavy investments in research and development activities, rising building & construction industry in the emerging countries, and advanced glass providing greater flexibility design with safety is expected to create new opportunities for the market growth in future.

The advanced glass market is segmented on the basis of application, end user, and geography. On the basis of glass type, the market is segmented into laminated glass, coated glass, toughened glass, others. The others segment further includes chemically strengthened glass, ceramic glass, and filter glass. On the basis of function, the market covers optics & lighting, high performance, safety & security, solar control, and others. On the basis of verticals, the market is classified into construction, electronics, aerospace & defense, automotive, sports & leisure, and other. The construction segment is divided into residential, commercial, and infrastructure. Geographic breakdown and analysis of each of the aforesaid segments is included for the regions including North America, Europe, Asia-Pacific, and LAMEA.

North America denotes a higher adoption of the advanced glass and is anticipated hold the highest market share during the forecast period. This is attributable to the factors including growth in energy efficient building projects, high R&D investments, high consumer awareness, and technological advancements.

It is expected that the emerging economies, specifically in the Asia-Pacific region would witness increasing market size owing increase in infrastructure spending, demand for advanced glass products, and increased automobile sales along with increasing in vehicle manufacturing capacities.

Request to view Sample Report:
https://www.nextmsc.com/Advanced-Glass-Market/request-sample

Comprehensive competitive analysis and profiles of the major market players such as Asahi Glass Co., Ltd., Saint Gobain S.A., Nippon Sheet Glass Co., Ltd., Corning Inc., GrayGlass Company, Schott AG, Advanced Glass & Mirror, Inc., Guardian Industries, Sisecam Group, PPG Industries, Inc., Abrisa Technologies, Central Glass Co., Ltd., Euroglas GmbH, and among others are provided in the advanced glass market report. The report covers a deep analysis of the advanced glass market share.

Comments

Post a Comment

Popular posts from this blog

Orthobiologics Market to rise to USD 5.31 billion by the end of 2030

The Global Orthobiologics Market size is estimated to be USD 5.31 billion in 2019 and is predicted to reach USD 9.27 billion by 2030 with a CAGR of 5.2% from 2020-2030. Orthobiologics is the biological substance that exists in the human body and accelerates the healing process. Orthobiologics is used to heal the fractures, injured muscles, ligaments, tendons and others and helps in the restoration of normal functioning. The biological substance is derived from the patient’s body under the certain conditions and then precursor is formed which is later used in the treatment. Orthobiologics are also known as regenerative cellular therapies.   Read Report Overview @ https://www.nextmsc.com/report/orthobiologics-market        There has been rapid development in the healthcare infrastructure coupled with increase in disposable income in the developing economies are expected to contribute the growth of the market. Furthermore, increased prevalence of osteoa...
Read more

Narcolepsy Drug Market is expected to demonstrate a CAGR of 7.9% by 2030

The Global Narcolepsy Drug Market size is estimated to be USD 2.62 Billion in 2019 and is predicted to reach USD 6.04 Billion by 2030 with a CAGR of 7.9% from 2020-2030. Narcolepsy is a neurological disorder which affects the normal sleep pattern of an individual and also affects the quality of sleep. The narcolepsy patient sleeps for an average time as normal person but quality of sleep is highly affected. The patient can feel sleepy at any time in the entire day, the patient may hallucinate and in some cases loss of muscle strength also known as cataplexy is observed coupled with change in emotional state. Read Report Overview @ https://www.nextmsc.com/report/narcolepsy-drug-market       Market Dynamics and Trends Narcolepsy is a chronic under diagnosed medical condition also known as orphan disease and increase in awareness among people about sleep disorders. Furthermore, unhealthy lifestyle, favorable reimbursement policies and high stress level is f...
Read more

Immunoglobulin Market to rise to USD 22.32 billion by the end of 2030

The Global Immunoglobulin Market size is estimated to be USD 11.28 billion in 2019 and is predicted to reach USD 22.32 billion by 2030 with a CAGR of 6.4% from 2020-2030. Immunoglobulin’s are glycoprotein produced by plasma cells and act as antibody which activates the immune system for the production of antibodies against disease causing agents such as virus, bacteria and others. These are highly complex in nature and structure and exceedingly specific. There are classified into different classes and isotopes, biological features, target structure and others. Read Report Overview @ https://www.nextmsc.com/report/immunoglobulin-market     The developing healthcare facilities and infrastructure coupled with increase in geriatric population and increased prevalence of hemophilia are expected to drive the market growth. Furthermore, technological advancement, and various purification techniques are also expected to promote the growth of immunoglobulin market. Th...
Read more