Tempered glass is a strong protection glass, which is manufactured by heating the plate glass at approximately 1100°F, followed by cooling. Tempered glass has multiple beneficial properties when compared with the other glasses such as annealed, laminated, and heat-strengthened glass.
Increasing consumer expenditure on interior designing is anticipated to be a major factor driving the growth of tempered glass market over the forecast period. Moreover, growing construction and automotive industries in emerging economies will also add to the growth of the tempered glass market in near future. Furthermore, the upsurge in demand for tempered glass from end-use industries will also promote the growth of the market in near future. That apart, growing use of tempered glass in furniture is also expected to support the growth of the market over the forecast period. Similarly, increasing use of tempered glass or toughened glass as a mobile accessory is also expected to promote traction in the tempered glass market over the forecast period.
Increased usage of laminated glass in the automotive and manufacturing industry due to its various beneficial features, such as anti-breakage and light weight properties, is anticipated to be a major factor hampering the growth of the tempered glass market over the forecast period. Moreover, stringent regulations covering building & construction and automotive industry are also expected to act as a restraining factor for the growth of the tempered glass market in near future. Furthermore, the complexity in the design of tempered glass is a restraint - once the glass gets toughened, it can be re-worked. This factor is also anticipated to hinder the growth of the market over the forecast period.
The Global Tempered Glass Market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
As the report focuses on global Tempered Glass Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Asahi Glass
Koch Industries
Nippon Sheet Glass
Vitro
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Colored Glass
Transparent Glass
Opaque Glass
In Market segmentation by applications :
Residential
Commercial
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Tempered Glass Market for the forecast period 2020 - 2026?
• What are the driving forces in the Tempered Glass Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Tempered Glass industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?