Industry Background:
Tempered glass is also known as toughened glass is a strong protection glass, which is generally manufactured through heating the plate glass at approximately 1100°F, followed by cooling. Tempered glass is more durable than any other kind of glass and it has multiple beneficial properties such as strength and safety when compared with the other glasses such as annealed, laminated, and heat-strengthened glass. These glasses are majorly used in our day to day activities such as shower doors, vehicles windows, refrigerator trays, mobile screen protectors and architectural glass doors and tables. Tempered glass is available as single, double and triple pane types. .Increasing use of tempered glass application in the greenhouse sector provides four to six times more shatter resistance than annealed types which should stimulate tempered glass market demand.This growth is primarily driven by Increasing Demand for Smartphones and Laptops, Growth in the use of Tempered Glass in the Automotive and Construction Industry, An Upsurge in Demand From End-User Industries and Increased Consumer Spending on Interior Designing.
Globally, a noticeable market trend is evident Use of Tempered Glass in Photovoltaics
. Major Vendors, such as Asahi Glass (Japan), NSG Group (Japan), Saint-Gobain (France), Guardian Industries (United States), Taiwan Glass Group (Taiwan), Romag (United Kingdom), Dlubak Glass (United States), Virginia Mirror (United States), Fuso (Japan) and Press Glass (Poland) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing Demand for Smartphones and Laptops
- Growth in the use of Tempered Glass in the Automotive and Construction Industry
- An Upsurge in Demand From End-User Industries
- Increased Consumer Spending on Interior Designing
Market Trend
- Use of Tempered Glass in Photovoltaics
- Technical Progress in the Glass Market
- Increasing Focus on Environment-Friendly Flat Glass Manufacturing Approach
Restraints
- Stringent Government Regulation For Tempered Glass
- Complexity in the Design of Tempered Glass
- Availability of Substitutes
Opportunities
Rapidly Growing Construction & Automotive Industry in Emerging Economies
Challenges
Anti-Breakage and Lightweight Properties of Tempered Glass
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Tempered Glass Study Sheds Light on
The Tempered Glass Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Tempered Glass industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Tempered Glass industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.