Global Tempered Glass Market Research Report 2019-2023

Tempered glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Tempering puts the outer surfaces into compression and the inner surfaces into tension. Such stresses cause the glass, when broken, to crumble into small granular chunks instead of splintering into jagged shards as plate glass creates. The granular chunks are less likely to cause injury.

The growing demand for automobile and construction are the main drivers to fuel the growth for the Tempered Glass market around the world, according to a brand new research, the global Tempered Glass market is expected to hit USD 48.6 billion by 2020.

In terms of geography, the Asia Pacific is dominating the market as rising automobile industry, particularly in emerging economies of Asia Pacific including India and China, is expected to augment product market over the forecast period. However, rising use of laminated glass for automobile manufacturing on account of properties such as lightweight and anti-breakage is expected to challenge industry growth over the next five years.

Europe market is expected to witness below average rate growing at a CAGR of over 4.1% from 2016 to 2020. In Europe, the product is mandated for use in applications including safety glazing, fire knock-out panels, all-glass entrances and storefronts, extreme wind loads and fireplace enclosures.

The global top manufacturers are Saint-Gobain, AGC Group, Guardian Industries, NSG Group, Duratuf Glass Industries, Xinyi Auto Glass, GSC Glass Ltd, Schott AG, Independent Glass Co, Guardian Industries, Saint-Gobain, Dillmeier Glass Company among others.

Tempered Glass Report by Material, and Geography – Global Forecast to 2023 is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

The report firstly introduced the Tempered Glass basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.