Advanced Glass Market Overview
The Advanced Glass Market is anticipated to increase at a CAGR of 10.9% from its current value of USD 74.85 billion in 2023 to USD 162.62 billion by 2030.
A superior grade of glass is advanced glass. It is built with certain features and can be used in a variety of ways. Soda ash, natural gas, and silica sand are used to make advanced glass. This glass is made with cutting-edge technology and materials. Depending on the application, advanced glasses go through a variety of mechanical and chemical procedures. UV management, safety, sound reduction, and security are just a few of the benefits and applications of advanced glass. The global Advanced Glass market is expected to grow at a sound pace in the times to follow.
Several factors such as growing urbanization and industrialization, the growth of the automotive industry and its manufacturing bases, and an increase in infrastructure development spending are majorly contributing towards the growth of the global Advanced Glass market. Moreover, the market is projected to be propelled by an increase in demand for household appliances and electronic gadgets. This glass is long-lasting, resistant to thermal shock, and dependable. Additionally, during the forecast period, the market is expected to be driven by an increase in energy-efficient towers and a growth in the use of mirrors and windscreens in the automobile sector.
On the downside, the market is expected to be hampered by an increase in the cost of advanced glass as a result of the widening gap between supply and demand, as well as the unpredictability of raw material availability. Furthermore, the advanced glass market is anticipated to be hindered in the coming years by rising raw material prices. Besides this, the increased use of sophisticated glass in the commercial, automotive, and electrics industries is likely to open up various attractive opportunities for the development of the market.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Raw Material, Function, Product Type, End-user, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | SCHOTT AG, Guardian Industries, Huihua Glass Co. Ltd., Sisecam Group, Fuyao Glass Industry Group Co., Ltd., American Precision Glass Corp, PPG Industries, Gentex Corporation, Schott AG and NSG Co, Xinyi Glass Holdings Limited, Sangalli Vetro Manfredonia, Glaze-Tech Industries, AGC, Occipital Inc, Saint-Gobain, Abrisa Technologies, Murata Manufacturing Co Ltd, CoorsTek, Inc., Nippon Sheet Glass Co., Ltd., Atheer, Inc., Packerland Glass Products Inc., Vurix Corporation, Thermoseal Industries LLC., Zeel Product. |
Covid-19 Impact on Advanced Glass Market
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, construction materials are facing diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in supply for raw materials, which directly affected the manufacturing process. Further, halt on many end-use industries directly affected the chemical demand all around the world.
Advanced Glass Market Segment Overview
Based on Raw Material, Silica Sand is the most prominent segment in the global Advanced Glass market. It is expected to grow due to the product's good homogeneity, lack of bubbles and inclusions, and high working temperature capabilities. By Product Type, Tempered glass and Laminated glass are major segments in the market. Tempered glass is used in construction (commercial, residential, and industrial buildings), car mirrors and windows (side and rearview), greenhouses, household appliances (microwaves, refrigerators, cookware, and dishwashers), and gadgets (such as computers, tablets, and mobile phones). Additionally, windscreens and the construction of hospitals, workplaces, and organizations can all benefit from laminated glass.
Advanced Glass Market, By Raw Material
· Silica Sand
· Soda Ash
· Natural Gas
Advanced Glass Market, By Function
· Solar Control
· Safety & Security
· High Performance
· Optics & Lighting
Advanced Glass Market, By Product Type
· Laminated Glass
· Ceramic Glass
· Tempered glass
· Ceramic Glass
Advanced Glass Market, By End-user
· Aerospace & Defense
· Electronics
· Building & Construction
· Automotive
· Optical
· Sports & Leisure
Advanced Glass Market Regional Overview
In terms of region, Asia Pacific is expected to be the fastest-growing region of the global Advanced Glass market. This is owing to an increase in demand for advanced glass products as well as increased public knowledge of the benefits of using advanced glass. Japan and China are putting more emphasis on solar panels for power generation. The advanced glass market is predicted to increase as a result of this. In 2020, North America was the second-largest advanced glass market region. The development in the use of glass in the building, construction, and infrastructure industries can be attributed to the market's growth in this region. Likewise, Europe is a significant part of the global advanced glass market. The usage of sophisticated glass in a variety of applications, from electronics to automobiles, is boosting demand in the region. Furthermore, during the projection period, the market in Latin America and the Middle East, and Africa is predicted to increase moderately, owing to the expansion of end-use sectors such as electronics and automotive production facilities.
Advanced Glass Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Advanced Glass Market, Key Players
· SCHOTT AG
· Guardian Industries
· Huihua Glass Co. Ltd.
· Sisecam Group
· Fuyao Glass Industry Group Co., Ltd.
· American Precision Glass Corp
· PPG Industries
· Gentex Corporation
· Schott AG and NSG Co
· Xinyi Glass Holdings Limited
· Sangalli Vetro Manfredonia
· Glaze-Tech Industries
· AGC, Occipital Inc
· Saint-Gobain
· Abrisa Technologies
· Murata Manufacturing Co Ltd
· CoorsTek, Inc.
· Nippon Sheet Glass Co., Ltd.
· Atheer, Inc.
· Packerland Glass Products Inc.
· Vurix Corporation
· Thermoseal Industries LLC.
· Zeel Product
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Advanced Glass market?
The growing urbanisation and industrialization, the growth of the automotive industry and its manufacturing bases, and an increase in infrastructure development spending are some major factors that boosting the growth of the Advanced Glass market.
Q2. What are the restraining factors for the Advanced Glass market?
The cost of advanced glass as a result of the widening gap between supply and demand, as well as the unpredictability of raw material availability are major factor that hamper the growth of the global Advanced Glass market.
Q3. Which Segments are covered in the Advanced Glass market report?
Raw Material, Function, Product Type, End-user, and Region, these segments are covered in the Advanced Glass market report.
Q4. Which segment is projected to hold the largest share in the Advanced Glass Market. ?
SCHOTT AG, Guardian Industries, Huihua Glass Co. Ltd., Sisecam Group, Fuyao Glass Industry Group Co., Ltd., American Precision Glass Corp, PPG Industries, Gentex Corporation, Schott AG and NSG Co, Xinyi Glass Holdings Limited, Sangalli Vetro Manfredonia, Glaze-Tech Industries, AGC, Occipital Inc, Saint-Gobain, Abrisa Technologies, Murata Manufacturing Co Ltd, CoorsTek, Inc., Nippon Sheet Glass Co., Ltd., Atheer, Inc., Packerland Glass Products Inc., Vurix Corporation, Thermoseal Industries LLC., Zeel Product. are some key players in the Advanced Glass Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Advanced Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Raw Material
- 5.2.1. Silica Sand
- 5.2.2. Soda Ash
- 5.2.3. Natural Gas
- 5.3. Market Analysis, Insights and Forecast – By Function
- 5.3.1. Solar Control
- 5.3.2. Safety & Security
- 5.3.3. High Performance
- 5.3.4. Optics & Lighting
- 5.4. Market Analysis, Insights and Forecast – By Product Type
- 5.4.1. Laminated Glass
- 5.4.2. Ceramic Glass
- 5.4.3. Tempered glass
- 5.4.4. Ceramic Glass
- 5.5. Market Analysis, Insights and Forecast – By End-user
- 5.5.1. Aerospace & Defense
- 5.5.2. Electronics
- 5.5.3. Building & Construction
- 5.5.4. Automotive
- 5.5.5. Optical
- 5.5.6. Sports & Leisure
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Advanced Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Raw Material
- 6.2.1. Silica Sand
- 6.2.2. Soda Ash
- 6.2.3. Natural Gas
- 6.3. Market Analysis, Insights and Forecast – By Function
- 6.3.1. Solar Control
- 6.3.2. Safety & Security
- 6.3.3. High Performance
- 6.3.4. Optics & Lighting
- 6.4. Market Analysis, Insights and Forecast – By Product Type
- 6.4.1. Laminated Glass
- 6.4.2. Ceramic Glass
- 6.4.3. Tempered glass
- 6.4.4. Ceramic Glass
- 6.5. Market Analysis, Insights and Forecast – By End-user
- 6.5.1. Aerospace & Defense
- 6.5.2. Electronics
- 6.5.3. Building & Construction
- 6.5.4. Automotive
- 6.5.5. Optical
- 6.5.6. Sports & Leisure
- 6.6. Market Analysis, Insights and Forecast – By Country
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Advanced Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Raw Material
- 7.2.1. Silica Sand
- 7.2.2. Soda Ash
- 7.2.3. Natural Gas
- 7.3. Market Analysis, Insights and Forecast – By Function
- 7.3.1. Solar Control
- 7.3.2. Safety & Security
- 7.3.3. High Performance
- 7.3.4. Optics & Lighting
- 7.4. Market Analysis, Insights and Forecast – By Product Type
- 7.4.1. Laminated Glass
- 7.4.2. Ceramic Glass
- 7.4.3. Tempered glass
- 7.4.4. Ceramic Glass
- 7.5. Market Analysis, Insights and Forecast – By End-user
- 7.5.1. Aerospace & Defense
- 7.5.2. Electronics
- 7.5.3. Building & Construction
- 7.5.4. Automotive
- 7.5.5. Optical
- 7.5.6. Sports & Leisure
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Advanced Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Raw Material
- 8.2.1. Silica Sand
- 8.2.2. Soda Ash
- 8.2.3. Natural Gas
- 8.3. Market Analysis, Insights and Forecast – By Function
- 8.3.1. Solar Control
- 8.3.2. Safety & Security
- 8.3.3. High Performance
- 8.3.4. Optics & Lighting
- 8.4. Market Analysis, Insights and Forecast – By Product Type
- 8.4.1. Laminated Glass
- 8.4.2. Ceramic Glass
- 8.4.3. Tempered glass
- 8.4.4. Ceramic Glass
- 8.5. Market Analysis, Insights and Forecast – By End-user
- 8.5.1. Aerospace & Defense
- 8.5.2. Electronics
- 8.5.3. Building & Construction
- 8.5.4. Automotive
- 8.5.5. Optical
- 8.5.6. Sports & Leisure
- 8.6. Market Analysis, Insights and Forecast – By Country
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Advanced Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Raw Material
- 9.2.1. Silica Sand
- 9.2.2. Soda Ash
- 9.2.3. Natural Gas
- 9.3. Market Analysis, Insights and Forecast – By Function
- 9.3.1. Solar Control
- 9.3.2. Safety & Security
- 9.3.3. High Performance
- 9.3.4. Optics & Lighting
- 9.4. Market Analysis, Insights and Forecast – By Product Type
- 9.4.1. Laminated Glass
- 9.4.2. Ceramic Glass
- 9.4.3. Tempered glass
- 9.4.4. Ceramic Glass
- 9.5. Market Analysis, Insights and Forecast – By End-user
- 9.5.1. Aerospace & Defense
- 9.5.2. Electronics
- 9.5.3. Building & Construction
- 9.5.4. Automotive
- 9.5.5. Optical
- 9.5.6. Sports & Leisure
- 9.6. Market Analysis, Insights and Forecast – By Country
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2021
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. SCHOTT AG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Guardian Industries
- 10.6. Huihua Glass Co. Ltd.
- 10.7. Sisecam Group
- 10.8. Fuyao Glass Industry Group Co., Ltd.
- 10.9. American Precision Glass Corp
- 10.10. PPG Industries
- 10.11. Gentex Corporation
- 10.12. Schott AG and NSG Co
- 10.13. Xinyi Glass Holdings Limited
- 10.14. Sangalli Vetro Manfredonia
- 10.15. Glaze-Tech Industries
- 10.16. AGC, Occipital Inc
- 10.17. Saint-Gobain
- 10.18. Abrisa Technologies
- 10.19. Murata Manufacturing Co Ltd
- 10.20. CoorsTek, Inc.
- 10.21. Nippon Sheet Glass Co., Ltd.
- 10.22. Atheer, Inc.
- 10.23. Packerland Glass Products Inc.
- 10.24. Vurix Corporation
- 10.25. Thermoseal Industries LLC.
- 10.26. Zeel Product
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
