Global Impact Resistant Glass Market was valued at US$ 20.08 Bn in 2019 and is expected to reach US$ 42.55 Bn by 2027, at a CAGR of 9.84%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Impact-resistant glass market is segmented into the inter layer, end-use industry, and region. On the basis of the inter layer, the market is segmented into Ionoplast Polymer, Ethylene Vinyl Acetate, Polyvinyl Butyral, Other. According to end-use industry, the market is divided into Automotive & Transportation, Construction & Infrastructure, Other. Geographically market is spread by North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa
.Increase in the usage of impact-resistant glass in consumer goods, construction & infrastructural end-use industries is expected to act as a major driver for impact-resistant glass market. Automotive & transportation and construction & infrastructure form two major industries that have contributed to the market growth. The global surge in requirement for impact-resistant glasses has also been noticed due to growing demand in countries like Germany, India, Brazil, China, the US and Thailand.
Based on inter layer, the market is segmented into polyvinyl butyral, ionoplast polymer and Ethylene Vinyl Acetate. As applications of impact-resistant glass made with ionoplast polymer are advancing, inter layer’s are also increasing in the infrastructure & industry construction. Polyvinylbutyral will form the largest market and is further projected to be one of the fastest-growing segment during the forecast period.
Escalating demand from construction & infrastructure business, growing demand from large applications within residential and commercial infrastructure projects and rising automotive production are impelling the market growth. Stringent regulations on carbon dioxide emission, lack of logistics and volatile raw material costs disturbing supply chain management and energy-efficient manufacturing development are restraining the growth of the market.
The Asia Pacific will likely be the largest market for impact resistant glass during the forecast period. Growth of automotive production and high-end infrastructure development activities in economies like China, India and Japan among others have a major impact on the overall market growth in the Asia Pacific region.
key player operating in the market are Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (US), Taiwan Glass Ind. Corp. (Taiwan).
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Scope of Global Impact Resistant Glass Market:
Global Impact Resistant Glass Market, by Inter layer:
• Ionoplast Polymer
• Ethylene Vinyl Acetate
• Polyvinyl Butyral
• Other
Global Impact Resistant Glass Market, by End-use Industry:
• Automotive & Transportation
• Construction & Infrastructure
• Other
Global Impact Resistant Glass Market, by Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Players Operating in the Impact Resistant Glass Market:
• Asahi Glass (Japan)
• Saint-Gobain (France)
• Nippon Sheet Glass (Japan)
• Guardian Industries (US)
• Taiwan Glass Ind. Corp. (Taiwan)
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