The global tempered glass market is likely to grow at a CAGR of 5.42% during the forecast period. The success of construction project relies on the right combination of glass types. Mounting a tempered glass for exterior and interior of the building enables a stronger protection against external climate and keeps the internal components intact from moisture and dust. A fully tempered glass is much stronger than annealed glass with the same thickness and configuration. On meeting a casualty, the tempered glass breaks into small fragments that lead in minor injuries.
A tempered glass is often referred as a safety glass since it addresses the needs of various organizations with a clear set of standards for safety glass. The common applications include general glazing, safety glazing, building entrances, bath and shower enclosures. Once tempered, the glass cannot be drilled or cut into any shape neither it may have any modification or alterations, since if it encounters activities such as acid-etching or sandblasting it result in a hasty failure.
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The driving factors responsible for the growth of tempered glass market include surge in automobile demand and transformation in building architectures that include enhancing natural light by use of glass and roofs is likely to propel the market growth in the near future. Tempered glass is used as a mobile accessory and proliferation of smartphones have enabled higher traction for commercial use.
Application segment for tempered glass market includes construction and automotive. Construction sector gains a higher ground due to consumer spending, improved infrastructural capability and rise in deployment as a safety tool.
Geographical segmentation for tempered glass market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific market is likely to gain a significant CAGR in the forecast period due to rise in disposable income and increase in construction activities. European regions are anticipated to gain a positive traction in the forecast period due to high demand from automotive and construction sector. South America, on the other hand contributes to the market growth due to extensive use of tempered glass for residential and commercial buildings.
North America registered a higher CAGR in the past due to extensive demand and rise in spending for construction. Consumer preference for modified architecture and use of tempered glass as a glass façade is anticipated to boost the market growth during the forecast period. The key players in the tempered glass market include AGC group, Saint-Gobain and NSG Group.
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Tempered glass is a strong protection glass, which is manufactured by heating the plate glass at approximately 1100°F, followed by cooling. Tempered glass has multiple beneficial properties when compared with the other glasses such as annealed, laminated, and heat-strengthened glass.
Radiant Insights analysts forecast the global tempered glass market to grow at a CAGR of 5.42% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global tempered glass market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas• APAC• EMEA
Global Tempered Glass Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Asahi Glass• Cardinal Glass Industries• Koch Industries• Nippon Sheet Glass• SGG• Vitro
Market driver • Increasing demand for smartphones and laptops• For a full, detailed list, view our report
Market challenge • Processing challenges• For a full, detailed list, view our report
Market trend • Anticipated use of tempered glass in photovoltaics• For a full, detailed list, view our report
Read more related reports by Radiant Insights:
• Glass Blocks Market – https://www.radiantinsights.com/research/global-glass-blocks-market-2018-2022
The report covers the present scenario and the growth prospects of the global glass blocks market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
• Safety Glass Market – https://www.radiantinsights.com/research/global-safety-glass-market-to-2022
The reports include historic market data and forecasts until 2022 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
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