Laminated Glass Market Likely to Develop and Reach USD 27 Billion By 2025

The latest research report by Zion Market Research (ZMR) emphasizes that the global laminated glass market is representing an extremely aggressive business atmosphere with the charisma of a number of dominating market players. The key players in the global laminated glass market are AJJ Glass Ltd., Aeon Industries Corporation Ltd., Cardinal Glass Industries Inc., Asahi Glass Co. Ltd., China Luoyang Float Glass Group Co. Ltd., Central Glass Co. Ltd., CSG Holding Co., Ltd., China Specialty Glass AG, Fuso Glass India Pvt. Ltd., Flat Glass Group Co. Ltd., and Fuyao Glass Industry Group Co. Ltd., amongst others.

This review is based on a report by Zion Market Research titled “Laminated Glass Market by Interlayer Type (Polyvinyl Butyral (PVB), Ethyl Vinyl Acetate (EVA), Ionoplast Polymers, Thermoplastic Polyurethane (TPU), and Cast in Place (CIP) Liquid Resin), by End-User (Residential and Non-Residential), for Application (Windows, Doors, and Skylights; Open-Edged Railings; Facades and Canopies; Structural Glass Flooring; Stairs, Walkways, and Pedestrian Bridges; and Overhead Glazing), and by Vertical (Building & Construction, Automotive, Healthcare, Telecom, Electronics, and Aerospace): Global Industry Analysis, Size, Share, Growth, Trends, and forecast 2016 – 2025.”- Report at https://www.zionmarketresearch.com/report/laminated-glass-market

Rising Inclination Toward Adopting Laminated Glass Boosting The Global Laminated Glass Market

The rapid development in the construction activities across the regions is an important factor propelling the global laminated glass market. Rising inclination towards adopting laminated glass and its increased usage in industries such as healthcare, telecom, electronics, and aerospace has contributed to boost the global laminated glass market. In recent times, laminated glass has replaced numerous traditional materials in the construction activities such as cement, brick, and granite building exteriors.

Our research analyst emphasizes that the polyvinyl butyral segment in the global laminated glass market is estimated to maintain its leading position due to its outstanding characteristics such as transparency, excellent binding power, and adhesion. Growing applications of polyvinyl butyral interlayer in few types of glasses employed in the building and constructions, automobiles, aerospace, and electronics expects are propelling the requirement of polyvinyl butyral interlayer, thereby boosting the global laminated glass market in the upcoming years.

In 2016, the non-residential segment in the global laminated glass market demonstrated the highest market share. Rising use of the laminated glass in hotels, offices, and numerous other organizations has boosted the demand for the laminated glass in the global laminated glass market. In 2016, the office building, a sub-segment of the non-residential segment, achieved the highest market share in the global laminated glass market.

North America Region Dominating The Global Laminated Glass Market Due To The Strong Infrastructure And Technological Developments

Reportedly, due to the strong infrastructure and technological developments in few sectors, the North America region is dominating the global laminated glass market. However, the Asia Pacific region in the global laminated glass market is projected to grow with the highest CAGR of about 6.8% due to fast growth in the construction activities and rising demand for automobiles in the region.

In 2016, the application, windows, doors, & skylights segment from the global laminated glass market achieved the highest market share. This segment is anticipated to show promising growth with the CAGR of more than 6.5% over the upcoming period. The increasing construction activities across the regions have contributed to the domination of this segment in the global laminated glass market. In 2016, in verticals, the building & construction sub-segment demonstrated its dominance in the global laminated glass market. The automotive segment in the global laminated glass market is supposed to show tremendous growth with a CAGR of about 6.5% over the upcoming period.

The global laminated glass market is segmented as follows:

By Interlayer

• Poly Vinyl Butyral (PVB)
• Ethyl Vinyl Acetate (EVA)
• Ionoplast Polymers
• Thermoplastic Polyurethane (TPU)
• Cast in Place (CIP) Liquid Resin

By End User

• Residential
• Non-Residential
  • Educational Buildings
  • Office Buildings
  • Hospitals
  • Hotels
  • Industrial

By Application

• Windows, Doors, and Skylights
• Open-Edged Railings
• Facades and Canopies
• Structural Glass Flooring
• Stairs, Walkways and Pedestrian Bridges
• Overhead Glazing

By Vertical

• Building & Construction
• Automotive
• Healthcare
• Telecom
• Electronics
• Aerospace

By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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