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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Advanced Glass Market Size
The global advanced glass market attained a value of USD 76.46 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.8% to reach USD 149.71 billion by 2032.
Rising Urbanisation to Cater to the Expansion in the Advanced Glass Industry
The market for advanced glass is being driven by the rapid urbanisation, especially in the emerging economies as an increasing number of individuals are migrating into metropolitan centres. Thus, as the urban population grows, the demand for housing is witnessing a boost, which is expected to support the growth of the advanced glass industry. Further, the rising demand for the renovation and expansion of commercial and industrial infrastructure due to the fast urban development is projected to further stimulate the market expansion. The infusion of public and private investments into the construction sector is projected to further propel the growth of the market.
Advanced Glass Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 76.46 billion.
The market is projected to grow at a CAGR of 7.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 149.71 billion by 2032.
The major drivers of the market are rapid urbanisation, rising renovation activities, the expansion of commercial and industrial infrastructure, and infusion of public and private investments into the construction sector.
The key trends propelling the market growth are technological advancements and innovations and rapid integration of advanced glass into the construction and building sectors.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major functions of advanced glass market are safety and security, solar control, optics and lighting, and high performance.
The major product types in the market are coated glass, laminated glass, toughened glass, and ceramic glass.
The several end uses of advanced glass are building and construction, aerospace and defence, automotive, electronics, sports and leisure, and optical, among others.
The major players in the market are AGC Inc., Corning Inc., Fuyao Glass Industry Group Co. Ltd., Saint-Gobain, and Nippon Sheet Glass Co., Ltd., among others.
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