Global Tempered Glass Market Size, Share, Growth Opportunities & Industry Forecast Report, 2020-2027

Global Tempered Glass Market reveals that the market is slated to register an increased CAGR over the forecast period. This is mainly attributed to the strong adoption of tempered glass or toughened glass as a mobile accessory by the customers and the rapid increase in the construction sector, particularly in the emerging economies.

DUBLIN, DUBLIN -- (SBWIRE) -- 03/01/2021 -- Tempered Glass Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

The strong adoption of tempered glass or toughened glass as a mobile accessory by the customers and the rapid increase in the construction sector, particularly in the emerging economies, are the significant factors responsible for the growth of the global tempered glass market. Furthermore, the growing government expenditure on infrastructural development and the rising urban development in developing economies, such as India, will further fuel the demand of the market in the upcoming years. Moreover, the increasing number of product development with the use of tempered glasses to improve the shelf-life of the appliances will further propel the growth of the global tempered glass market. The growing use of tempered glass in the mobile accessory to maintain durability and decrease screen damage chances are some other factors augmenting the growth of the market. The increasing government initiatives to decrease greenhouse gas emissions and traffic safety rules for glass products are boosting the market's demand during the forecast period. On the other hand, the easy availability of alternative materials will hinder the growth of the global tempered glass market in the upcoming years.

Tempered Glass Market's leading Manufacturers:

- Guardian industries
- Saint-Gobain S.A.
- AGC, Inc.
- Duratuf Glass Industries (P) Ltd.
- Xinyi Glass Holdings Limited
- CSG Holding Co., Ltd.
- Nippon Sheet Glass Co., Ltd.
- Shanghai North Glass Technology Industrial Co., Ltd.
- Fuyao Glass Industry Group Co. Ltd.
- Tyneside Safety Glass

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Regional Drivers

Based on the region, Asia-Pacific is projected to dominate the market during the forecast period due to the rising automobile sector among the emerging countries, such as India, China, and Malaysia. Moreover, the major top players are emphasizing on the high utility of the tempered glass in the car windows to reduce the chances of accidental injuries and decrease break-in into sharp pieces, which will enhance the demand of the market. On the other hand, Europe is anticipated to rise at a faster CAGR in the coming years owing to the strong demand in the automobile and construction sector, particularly in economies, such as Germany, the UK, and France.

Tempered Glass Market Segmentation:

Segmentation by End-User:

- Automotive
- Construction
- Others

Segmentation by Region:

- North America

o United States of America
o Canada

- Asia Pacific

o China
o Japan
o India
o Rest of APAC

- Europe

o United Kingdom
o Germany
o France
o Spain
o Rest of Europe

- RoW

o Brazil
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)

Our Other Relevant Reports

1. Cellular Glass Market
2. Low E-Glass Market
3. Ultra-Thin Glass Market
4. Solar Control Glass Market

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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