Heat Treated Glass Trends and Forecast
The future of the global heat treated glass market looks promising with opportunities in the building & construction and automotive markets. The global heat treated glass market is expected to grow with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are increasing adoption of heat-treated glass in the electronics industry, growing demand for energy-efficient buildings and eco-friendly materials, and stringent safety regulations driving the use of tempered and laminated glass.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Heat Treated Glass by Segment
The study includes a forecast for the global heat treated glass by product type, end use, and region.
Heat Treated Glass Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Heat Strengthened Glass
• Fully Tempered Glass
Heat Treated Glass Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Building & Construction
• Automotive
• Others
Heat Treated Glass Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Heat Treated Glass Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies heat treated glass companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the heat treated glass companies profiled in this report include-
• Glass Dynamics
• Vitrum Glass
• Oldcastle Building Envelope
• ITI Glass
• Asahi Glass
• GSC Glass
• Tecnoglass
Heat Treated Glass Market Insights
Lucintel forecasts that fully tempered glass is expected to witness the higher growth over the forecast period due to growing demand for high-performance buildings.
Within this market, building & construction is expected to witness the higher growth due to rising urbanization and on-going infrastructure development in the emerging economies.
APAC is expected to witness highest growth over the forecast period due to rapid urbanization and rising government initiatives in promoting energy-saving construction practices.
Features of the Global Heat Treated Glass Market
Market Size Estimates: Heat treated glass market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Heat treated glass market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Heat treated glass market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the heat treated glass market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the heat treated glass market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for heat treated glass market?
Answer: The global heat treated glass market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the heat treated glass market?
Answer: The major drivers for this market are increasing adoption of heat-treated glass in the electronics industry, growing demand for energy-efficient buildings and eco-friendly materials and stringent safety regulations driving the use of tempered and laminated glass.
Q3. What are the major segments for heat treated glass market?
Answer: The future of the heat treated glass market looks promising with opportunities in the building & construction and automotive markets.
Q4. Who are the key heat treated glass market companies?
Answer: Some of the key heat treated glass companies are as follows:
• Glass Dynamics
• Vitrum Glass
• Oldcastle Building Envelope
• ITI Glass
• Asahi Glass
• GSC Glass
• Tecnoglass
Q5. Which heat treated glass market segment will be the largest in future?
Answer: Lucintel forecasts that fully tempered glass is expected to witness the higher growth over the forecast period due to growing demand for high-performance buildings.
Q6. In heat treated glass market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization and rising government initiatives in promoting energy-saving construction practices.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the heat treated glass market by product type (heat strengthened glass and fully tempered glass), end use (building & construction, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Heat Treated Glass Market, Heat Treated Glass Market Size, Heat Treated Glass Market Growth, Heat Treated Glass Market Analysis, Heat Treated Glass Market Report, Heat Treated Glass Market Share, Heat Treated Glass Market Trends, Heat Treated Glass Market Forecast, Heat Treated Glass Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.