Advanced Glass Market 2018: Top Manufactures, Industry Set For Rapid Growth and Trend by 2023
A research study titled, “Advanced Glass Market by Product and Application - Global Industry Analysis and Forecast to 2023” published by Crystal Market Research.
Industry Outlook and Trend Analysis:
The Advanced Glass Market was worth USD 40.63 billion in 2014 and is expected to reach approximately USD 75.20 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.08% during the forecast period.
Advanced glasses are particular grades of glass fabricated by making the use of propelled technologies and substances, which have particular properties, for example, protection from UV rays, solar control, and security for certain end-use industries.
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Advanced glass is a standout amongst the most critical sorts of glass and plays an exceptionally significant part for ventures, for example, development, vehicles, and devices. Advanced glass is produced and at times normal glass is changed over into advanced glass with usage of cutting edge advanced substances and methods. The advanced glass is in particular evaluations and is used for unique purposes.
Drivers and Restraints:
Increase in urbanization has powered the improvement of building and construction industry, which thusly drives the development of the worldwide advanced glass market. Likewise, ascend popular for esteem included materials in lodging drives the market development. Also, broad scope of design adaptabilities gave by advanced glass is foreseen to support the market development soon. Nonetheless, high crude material costs are anticipated to hamper the development of the market amid the figure time frame.
Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Market Classification:
Advanced Glass Market, By Function, Estimates and Forecast, 2014-2023($Billion)
Safety & security
Solar Control
Optics & Lighting
High Performance
Advanced Glass Market, By Product Type, Estimates and Forecast, 2014-2023($Billion)
Coated Glass
Laminated Glass
Toughened Glass
Ceramic Glass
Advanced Glass Market, By End User, Estimates and Forecast, 2014-2023($Billion)
Building & Construction
Aerospace & Defense
Automotive
Electronics
Sports & Leisure
Optical
Other End Users
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The Advanced Glass Market is segmented as follows-
By Function:
Optics & Lighting
High Performance
Safety & security
Solar Control
By Product Type:
Toughened Glass
Coated Glass
Ceramic Glass
Laminated Glass
By End User:
Automotive
Electronics
Building & Construction
Aerospace & Defence
Sports & Leisure
Optical
Others
Regional outlook and Trend Analysis:
The market was ruled by North America in 2014, which represented 33% of the total advanced glass market share. On the other hand, Asia-Pacific is foreseen to be the fastest-developing market for the period considered for this study, owing to growing demand for advanced glass products and increasing awareness among people.
Competitive Insights:
The leading players in the market are Guardian Industries, Nippon Sheet Glass, Corning Inc, Saint-Gobain Glass, PPG Industries and Asahi Glass Co. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Some of the key questions answered by the Advanced Glass Market report are:
What was the Advanced Glass Market size in 2014 and forecast from 2015 to 2023?
What will be the industry Advanced Glass Market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the Advanced Glass Market forecast?
What are the major segments leading the Advanced Glass Market growth and why?
Which are the leading players in the Advanced Glass Market and what are the major strategies adopted by them to sustain the Advanced Glass Market competition?
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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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