The global tempered glass market size reached US$ 54.2 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 83.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4.95% during 2023-2032.
Tempered glass refers to a type of safety glass that is treated by tempering to impart high durability and strength. The tempering process, involving thermal or chemical treatments, compresses the glass surface, thereby reducing the risks of breakage. Tempered glass is more efficient than the conventional annealed glass in terms of heat resistivity, design versatility, lightweight, scratch resistance, and tensile strength. Owing to these benefits, it has diverse applications across various sectors, including consumer electronics, automobile, home furnishing, construction, etc.
Rapid digitalization coupled with the increasing penetration of smart consumer electronics such as, smartphones, laptops, tablets, etc., is primarily driving the demand for tempered glass. Furthermore, the increasing awareness towards several structural properties such as durability, thermal shock resistance, tensile strength, etc. has catalyzed the product demand in the automotive and electronic sectors. In addition to this, rapid development in the construction industry has led to the increasing utilization of tempered glass as a durable building material in doors, windows, facades, skylights, etc.
Both developed and developing economies are experiencing high demand for tempered glass owing to the rising construction activities including smart housing projects and increasing demand for smart consumer electronics. Rapid urbanization and rising government expenditure on infrastructural development is also contributing to the escalating market growth in these regions. Furthermore, remodeling activities across these markets have also led to the replacement of traditional glass with tempered glass in both residential and commercial infrastructures. Moreover, the rising usage of tempered glass for automobile manufacturing, owing to its lightweight and high strength is further catalyzing the market growth.
Tempered glass refers to a type of safety glass that is treated by tempering to impart high durability and strength. The tempering process, involving thermal or chemical treatments, compresses the glass surface, thereby reducing the risks of breakage. Tempered glass is more efficient than the conventional annealed glass in terms of heat resistivity, design versatility, lightweight, scratch resistance, and tensile strength. Owing to these benefits, it has diverse applications across various sectors, including consumer electronics, automobile, home furnishing, construction, etc.
Rapid digitalization coupled with the increasing penetration of smart consumer electronics such as, smartphones, laptops, tablets, etc., is primarily driving the demand for tempered glass. Furthermore, the increasing awareness towards several structural properties such as durability, thermal shock resistance, tensile strength, etc. has catalyzed the product demand in the automotive and electronic sectors. In addition to this, rapid development in the construction industry has led to the increasing utilization of tempered glass as a durable building material in doors, windows, facades, skylights, etc.
Both developed and developing economies are experiencing high demand for tempered glass owing to the rising construction activities including smart housing projects and increasing demand for smart consumer electronics. Rapid urbanization and rising government expenditure on infrastructural development is also contributing to the escalating market growth in these regions. Furthermore, remodeling activities across these markets have also led to the replacement of traditional glass with tempered glass in both residential and commercial infrastructures. Moreover, the rising usage of tempered glass for automobile manufacturing, owing to its lightweight and high strength is further catalyzing the market growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global tempered glass market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, shape and application.Breakup by Type:
- Plain Glass
- Coloured Glass
Breakup by Shape:
- Flat Tempered Glass
- Bent Tempered Glass
Breakup by Application:
- Construction
- Residential
- Commercial
- Industrial
- Automotive
- Rear Windows
- Slide Windows
- Home Appliances
- Refrigerators
- Washing Machine
- Microwave and Ovens
- Gadgets
- Smartphones
- Tablets
- Laptop and Computers
- Others
Breakup by Region:
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Russia
- Spain
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- United Arab Emirates
- South Africa
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Asahi Glass Co., Ltd., Dlubak Specialty Glass Corporation, Guardian Industries, Nippon Sheet Glass (NSG), Co. Ltd, Press Glass SA, Romag, Saint-Gobain S.A, Taiwan Glass Ind. Corp., Virginia Mirror Co, Fuso India Pvt Ltd. etc.Key Questions Answered in This Report:
- How has the global tempered glass market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global tempered glass market?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the shape?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global tempered glass market and who are the key players?
- What is the degree of competition in the market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Tempered Glass Market
6 Market Breakup by Type
7 Market Breakup by Shape
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Asahi Glass Co. Ltd.
- Dlubak Specialty Glass Corporation
- Guardian Industries
- Nippon Sheet Glass (NSG)
- Co. Ltd
- Press Glass SA
- Romag
- Saint-Gobain S.A
- Taiwan Glass Ind. Corp.
- Virginia Mirror Co
- Fuso India Pvt Ltd.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 139 |
Published | August 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 54.2 Billion |
Forecasted Market Value ( USD | $ 83.7 Billion |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |