Advanced Glass Market research report by 2019 to 2024

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Advanced Glass Market Analysis Research and
Trends Report for 2019- 2024
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Global Market Scenario of Advanced Glass Industry

• Advanced Glass Market is projected to experience
  an exponential growth rate, with a target revenue
  estimation of more than 110 billion by 2024.
• Encompassing a widespread application spectrum
  including construction, electronics, and
  automotive sectors, advanced glass market size
  has been witnessing an extensive upsurge in
  recent years.
• Advanced glass is essentially normal glass that
  has been reinforced to suit the needs of a
  certain type of application or to simply be more
  resistant to external forces. The demand for this
  type of glass has been increasing exponentially
  on account of its aesthetic appeal, pushing
  advanced glass market growth.
• In 2016 alone, this business space was worth more
  than 60 billion. Endowed with a favorable
  product portfolio, advanced glass market is
  projected to witness remarkably profitable growth
  over 2017-2024, with a target valuation of 10.5
  billion square meters of consumption by 2024.

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• Tempered glass is one of the most prominently
  used types of advanced glass, widely recognized
  for its high temperature resistance and strength.
  Driven by its favorable properties, it is
  increasingly used in the automotive and
  construction sectors, thus stimulating tempered
  advanced glass market.
• Tempered glass in fact, has emerged to become one
  of the most preferred forms of glass to be used
  in windshields, thus enabling advanced glass
  industry to have found a profitable growth avenue
  in the automotive domain, which is growing at a
  remarkably fast-paced growth rate lately.
• Tempered glass not only has a high strength
  threshold but also when commendable shatter
  resistance that is to say, unlike regular
  glass, it does not break into long sharp shards
  but rather disintegrates into small granular
  pieces which are almost harmless. Naturally, the
  material is widely used in the construction
  sector, as buildings require highly resilient
  glass that can withstand periodic contractions
  and expansions.
• Undeniably, tempered advanced glass market has
  found a viable end-use avenue in the construction
  sector. Tempered glass also finds uses in various
  household items like furniture, cookware,
  microwaves, refrigerators, and washing machines,
  further expanding its application scope.

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360 Industry Analysis

• Growth in the Asia Pacific retail industry as a
  result of increasing demand for e-commerce
  products owing to rising disposable income and
  urbanization will support thermal paper market
  expansion.
• Availability and increased penetration of
  internet services in the region have increased
  the adoption of cashless payments and transfer of
  money, which generates the electronic receipts
  giving boost to the overall market size.

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• Competitive Analysis
• Manufacturers are adopting strategies including
  joint ventures and acquisitions, new product
  launch, capacity expansion to increase the
  customer base and profits for the company.
  Further increasing demand for custom printed
  rolls will provide lucrative opportunities for
  industrialists in the forecasted time frame.
• Some of the key players in the industry are
  Koehler, Mitsubishi Mills, Ricoh and NCR

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