Tempered Glass Market research report by 2017 to 2024

1
Tempered Glass growth outlook with industry
review and forecasts 2017-2024 Global Market
Insights, Inc.
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• Global Market Scenario of Glass Industry

• Tempered Glass Market to exceed USD 40 billion by
  2024 according to a new research report by
  Global Market Insights, Inc.
• Increasing government initiatives on
  infrastructure facilities accompanied with
  widening application outlook in construction
  sector will favor tempered glass market demand.
  Improving standard of living along with rising
  consumer spending on interior furniture designing
  owing to disposable income and rapid urbanization
  in India, China and Brazil will stimulate
  industry growth.
• Rise in tempered glass market demand owing to
  high strength, safety, anti-breakage, and heat
  resistance properties coupled with its wide usage
  in public buildings including phone booths, bus
  terminals, canopies gymnasiums and sports arenas
  should stimulate market demand.
• Rising government regulatory support to favor
  infrastructure development towards residential
  and commercial buildings should stimulate the
  market growth.

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• Tempered glass market size from automotive
  applications may exceed USD 11 billion up to
  2024. It is preferably used in side and rear
  windows on account of its durability, safety,
  tensile strength and thermal resistance will
  favor product demand.
• Increasing product usage for automobile
  manufacturing owing to lightweight and
  anti-breakage characteristics should stimulate
  industry growth.
• Nickel-sulfide, silicon dioxide, sodium oxide,
  and calcium oxide are key raw materials used in
  the production process of toughened glass. Raw
  material volatility owing to widespread usage in
  automotive, greenhouse, and construction
  industries may challenge industry profitability
  hinder tempered glass market supply demand gap.

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• 360 Industry Analysis

• Tempered glass market size from residential
  construction market size may register gains close
  to 5.5 over the projected timeframe. Government
  focus towards various construction projects
  accompanied with shift in consumer trend towards
  modern infrastructure should favor industry
  growth.
• Residential construction resources, technologies,
  and practices must be in compliance to local
  building authority regulations and codes of
  practice.
• Toughened glass market size from greenhouse
  applications is likely to witness steady growth
  close to 3.5 over the forecast timeframe. It is
  preferably used for greenhouse walls, doors, and
  roofs on account of its ability to handle
  fluctuating climatic conditions. Rising green and
  energy efficient buildings construction along
  with safety glazing should stimulate industry
  growth.

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• Regional Analysis

• U.S. tempered glass market size is likely to be
  over USD 7.5 billion by 2024 due to rising
  consumer expenditure on interior and exterior
  designs resulting to high aesthetic value.
  Increasing application outlook in construction,
  automotive, and furniture sectors should
  stimulate industry growth in the region.
• Germany tempered glass market demand should
  exceed consumption at over 1.2 million tons by
  2024. Rising smartphone penetration rate owing to
  high disposable income, and high demand for
  technically advanced products owing to its
  superior properties including scratch resistance,
  heat resistance, shock protection and durability
  should boost industry growth in the region.

• Competitive Analysis

• Fuso, Guardian Industries, NSG, Asahi, PPG
  Industries, and Saint-Gobain are the prominent
  industry participants in toughened glass market.
  Manufactures are engaged in various strategies
  including partnerships acquisitions in order to
  enhance the product portfolio and global reach.

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