The Global Laminating Glass Panels Market size is projected to reach USD X.X billion by 2028 from an estimated USD 4.2 billion in 2020, growing at a CAGR of 7.5% during the forecast period (2020-2028). The major factors driving this growth are the rising demand for laminated glass panels due to their safety and resistance properties coupled with high energy efficiency, wide application scope, and ease of installation process.
Laminating glass panels are a type of safety glass that is then bonded to another pane of the same or different material, typically with a visible layer between them. A metal film (typically alloyed aluminum), silicon dioxide, and/or synthetic resin interlayer can be used as an adhesive for laminated glasses. It provides enhanced security against breakages. Laminated glasses have been in use for a long time now, and they offer certain unique advantages such as improved strength, safety from shattering or splintering into small pieces of shards when broken, heat resistance properties that inhibit warping at high temperatures, and the ability to act as a noise barrier.
On the basis of Type, the global laminating glass panels market is segmented into Tempered Glass, Heat-Strengthened Glass, Coated Glass, and Endothermic glass.
Tempered glass is the most common type of laminated glass panel. It has been "tempered" by heating and rapid cooling to increase its strength, making it far less likely to break into dangerous shards when broken than regular or toughened types of laminating glass. Tempered glass will break into small granules when broken. Tempered Glass panel laminating provides the best optical properties in terms of transparency, surface quality, and flatness; it does not have any distortion or color variation which can be seen on other types of laminated glasses where glued materials are used to hold the glass together.
Heat-strengthened is a type of laminating glass panel which uses high-strength heat to make the surface free from scratches and damages. Heat-strengthened glass is made with tempered glass. It has a heat treatment process performed after the tempering process, where it gets heated to about 500 Fahrenheit and then cooled rapidly which gives it over 100 times more strength than annealed or untreated glasses (heat strengthened). This type of laminating glass panel offers enhanced thermal, sound, and safety performance.
Coated Glass is a type of laminated glass that has a thin, transparent coating on the outer surface. The coating makes it UV resistant and reduces the heat transmission through its panels so they can be used for different applications. Coated glass is made using a process where two or more layers of thin sheets of silicon dioxide are bonded together with heat and pressure. This type of laminating glass panels can be used in both indoor and outdoor applications, such as residential buildings, commercial spaces, offices, etc.
Endothermic glass is a type of laminating glazing that preserves energy by trapping heat and blocking infrared, ultraviolet light. The endothermic glass panel is a material that has a low-emissivity coating and is laminated. It has high thermal insulation and heat-insulating effect, good sound absorption property, strong corrosion-resistance ability but its durability is poor. The benefits of the Endothermic glass type are Good thermal resistance, Suitable for hot weather conditions, and can be used in exterior applications.
On the basis of Application, the global laminating glass panels market is segmented into Indoor & Outdoor.
Indoor applications of laminating glass panels include door and window hardware, partitions for offices and homes, shower enclosures, curtain walls. The outdoor applications of laminating glass panels are mostly used in the exterior building facade, roofing, and curtain wall. They can be applied to various types of buildings such as high-rise office buildings, hotels, hospitals, shopping malls, etc. The benefits associated with using these products for outdoor application are that they provide a durable and weather-resistant barrier that helps protect against natural elements like heat from sunlight or cold winds.
On the basis of Region, the global laminating glass panels market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated to account for a major share of the Global Laminated Glass Panels Market in 2018 at 45% followed by the South American market which accounts for 30%. The European region has been one of the most lucrative markets on the basis of application owing to the high demand for laminating glass panels from the construction industry. The Asia Pacific owing to robust demand for these materials from various end-use industries such as the automotive sector, construction industry, building & construction industry, and marine sector. However, Asia Pacific is expected to gain the maximum traction by 2028 owing to a rapid expansion of end-use industries such as housing & construction activities in developing regions (China and India).
The growth factors are the increasing demand for safety and protection, the growing construction industry in developing countries, advancements in technology resulting in to increase in the use of laminated glass panels on big constructions. The growth of the global laminated glass panels market is also driven by factors such as rising demand for energy-efficient and lightweight products, increasing government initiatives to reduce carbon dioxide emissions.
Up Market Research published a new report titled “Laminated Glass Panels Market research report which is segmented by Types (Tempered Glass, Heat-Strengthened Glass, Coated Glass, Endothermic Glass, Other Glass), By Applications (Indoor, Outdoor), By Players/Companies Sisecam Flat Glass, AGC Glass, XPER, Nippon Sheet Glass, Scheuten, Vitro, TGP, Tambest Glass Solutions, Avant Art, Eastman, EUROGLAS, Clear Glass Solutions”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Laminated Glass Panels Market Research Report|
|By Type||Tempered Glass, Heat-Strengthened Glass, Coated Glass, Endothermic Glass, Other Glass|
|By Application||Indoor, Outdoor|
|By Companies||Sisecam Flat Glass, AGC Glass, XPER, Nippon Sheet Glass, Scheuten, Vitro, TGP, Tambest Glass Solutions, Avant Art, Eastman, EUROGLAS, Clear Glass Solutions|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||240|
|Number of Tables & Figures||168|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Tempered Glass, Heat-Strengthened Glass, Coated Glass, Endothermic Glass, Other Glass and By Application Indoor, Outdoor.
Some of the companies that are profiled in this report are:
Laminated Glass Panels Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Laminated Glass Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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