APAC to Dominate the Global Tempered Glass Market | Technavio

Technavio has published a new market research report on the global tempered glass market 2018-2022 under their chemicals and materials library.

LONDON--()--The global tempered glass market is expected to grow at a CAGR of more than 5% from 2018-2022, according to a new market research report by Technavio.

Global tempered glass market segmentation by end-user and geography

Technavio’s report on the global tempered glass market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by end-user, including construction and automotive. As projected in 2017, around 52% of the market share originated from construction.

Based on geography, the global tempered glass market has been segmented into APAC, the Americas, and EMEA. As of 2017, 46% of the market share came from APAC.

“APAC dominates the global tempered glass market; however, the market share is expected to increase by 2022. The high demand is attributed to the construction industry owing to the high pace of urbanization, higher standard of living, and the rise in disposable income,” says a senior analyst at Technavio for glass and ceramics research.

Save more with Technavio. Buy 2 reports and get the third for free: View Technavio’s latest discounts and promotions

Tempered glass market: competitive vendor landscape

The global tempered glass market is moderately fragmented. Asahi Glass, Cardinal Glass Industries, Koch Industries, Nippon Sheet Glass, SGG, and Vitro are the key vendors in the market. Quality, price, and innovation are some of the factors that the players in the market compete on. The key vendors are focusing on increasing their global footprint and are expanding into developing countries through mergers and acquisitions or partnerships with the regional vendors.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Other topics covered in the report:

Market drivers:

  • Increasing demand for smartphone and laptops
  • Stringent regulations on limiting CO2 emissions

Market challenges:

  • Processing challenges
  • Increasing use of plexiglass

Market trends:

  • Anticipated use of tempered glass in photovoltaics
  • Technical progress in glass market

Get a sample copy of the global tempered glass market report free of cost

Access Technavio’s continuously growing glass and ceramics research library and find expert analysis on hundreds of markets.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global tempered glass market is expected to grow at a CAGR of more than 5% from 2018-2022, according to a new market research report by Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com