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The objective of the Impact Resistant Glass Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.
In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Impact Resistant Glass Market.
Market Insights – The Impact Resistant Glass Market is projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.
Few key players operating in the Impact Resistant Glass Market are-
AGC Inc.
Nippon Sheet Glass Co., Ltd.
Compagnie de Saint-Gobain S.A.
Guardian Industries
Fuyao Glass Industry Group Co., Ltd.
Central Glass Co. Ltd.
Sisecam Group
Taiwan Glass Industry Corporation
Vitro
S.A.B. De C.V.
CGS Holding Co., Ltd.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Impact Resistant Glass Market value and growth drivers over the trend period of 2022-27. According to the report -
Impact resistant glass market is likely to witness an impressive CAGR of 7.6% during the forecast period. The prime factor that is contributing to the demand for impact resistant glass is mainly its ability to stay intact even when shattered or broken. Surge in demand from the automotive sector and gowing applications of impact resistance glass in the building and infrastructure industry for maximum safety and protection are driving the market growth. Increasing demand from high-security places such as banks, embassies, and defense buildings is also creating a sustainable demand for the market.
Segment Analysis:
Based on Interlayer Type:
Based on the interlayer type, the market is segmented as polyvinyl butyral, ionoplast polymer, ethylene vinyl acetate, and others. The polyvinyl butyral segment held the largest share of the market in 2021, and is expected to register the fastest growth during the forecast period. The segment is mainly driven by its excellent benefits such as huge adhesion, optical clarity, large tear resistance, and also impact absorbance, along with its benefits in acoustic insulation and in lessening the UV transmission. High strength and invasion resistance offered by polyvinyl butyral from burglary, bullets, hurricanes, and explosions are also the core factors generating demand in the high-security infrastructure places.
Based on Region:
In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the highly developed construction sector in emerging economies, along with the increasing investments in the region to advance the automotive sector. Increasing demand for impact resistant glass for automotive applications in windscreens for maximum safety and protection and adoption of impact resistant glass in advanced construction activities are expected to further drive the market.
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Critical Questions Answered in the Report
l What are the key trends in the global Impact Resistant Glass Market?
l How the Impact Resistant Glass Market (and its various sub-segments) has grown in the last five years?
l What would be the growth driver and growth rate in next five years?
l What is the impact of COVID-19 on the Impact Resistant Glass Market?
l What are the key strategies adopted by the major vendors to lead in the Impact Resistant Glass Market?
l What is the market share of the key players?
Target Audience
The following is a list of the customers that the Impact Resistant Glass Market aims to convert the most:
l Manufacturing Organizations
l Distributors & Suppliers
l Potential Investors
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