Global Tempered Glass Market Report and Forecast 2024-2032

Global Tempered Glass Market Outlook

The global tempered glass market size reached approximately USD 59.72 billion in 2023. The market is assessed to grow at a CAGR of 7.6% between 2024 and 2032 to attain a value of around USD 115.45 billion by 2032.

Key Trends in the Market

Tempered glass, variously known as toughened glass, refers to a type of glass that is heated to extreme temperature and then swiftly cooled through air blasting. It is stronger than conventional glass and is available in different patterns and styles. Its favourable properties like scratch-resistance, heat-resistance, and safety make it ideal for use in computers, vehicles, windows, and doors, among others.

• One of the major tempered glass market trends is the increasing awareness regarding the advantageous properties of tempered glass as compared to standard glass. Tempered glass is stronger and more durable than its standard counterpart and is also designed to shatter into evenly and small pieces, making it safer in the event of a breakage.

• Tempered glass is made from soda lime and silica, and its excellent durability, reusability, efficiency, safety, and recyclability make it a preferred sustainable material. In addition, manufacturers of the product are attempting to utilise sustainable practices in their production processes to lower their carbon footprint. The emerging shift towards sustainable materials, especially in sectors like construction, consumer electronics, and automotive, among others, is positively impacting the tempered glass market demand.

• Due to its excellent accuracy and precision, there is an increasing utilisation of laser cutting technology in the manufacturing of tempered glass with innovative shapes and patterns, sleek borders, and improved flexibility. Moreover, rapid output, cost-effective production, and lower production and labour costs are increasing the appeal of this technology among tempered glass manufacturers.

• Advancements in nanotechnology are expected to revolutionise the tempered glass market growth in the coming years. The incorporation of nanoparticles into tempered glass can improve its mechanical properties like strength, durability, and resistance to bending, impact, and scratching. Moreover, nanotechnology can lead to the development of energy-efficient and innovative tempered glass with enhanced functionality, reduced glare, and improved heat and cold insulation.

Market Analysis

Based on type, the tempered glass market segmentation includes plain glass and coloured glass. On the basis of end use, the market can be divided into automotive, construction, and consumer electronics, among others. The major regional markets for tempered glass include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global tempered glass market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• AGC Inc. 

• Saint-Gobain S.A.

• Cardinal Glass Industries, Inc. 

• Guardian Industries Holdings 

• Nippon Sheet Glass Co., Ltd 

• Airxcel, Inc. 

• Kibing Group 

• SCHOTT AG  

• Tomakk Glass Partners, LLC 

• Others

Market Share by End Use

As per the tempered glass market analysis, the usage of the product in the automotive sector is increasing on account of its ability to withstand extreme conditions without shattering. Some automotive components using tempered glass are doors’ sidelines, backlight, passenger side windows, and rear windows, among others.

In the construction sector, tempered glass is used in applications such as security barricades, shower stalls, and building facades due to its exceptional durability and sturdiness. Its visual appeal is also driving its usage in improving the aesthetics of a space, ranging from residential designs to office interiors. As the construction sector is gravitating towards eco-friendly materials, the utilisation of tempered glass is likely to surge in the forecast period.

Market Share by Region

The Asia Pacific represents a significant portion of the tempered glass market share due to rapid industrialisation. Manufacturing of consumer electronics and vehicles in countries like China, Japan, South Korea, and India is thriving, boosting the demand for tempered glass. In addition, the robustly growing construction sector in the region due to growing population and rapid urbanisation is expected to aid the market in the coming years.

Competitive Landscape

AGC Inc. is a prominent supplier of automotive, flat, chemicals, ceramics, display glass, and other materials and components. The company is headquartered in Tokyo, Japan, and has been one of the leading Japanese producers of flat glass. It has established itself as one of the leading producers of synthetic fused silica glass, glass substrates for displays like TFT and LCD, and high-tech glass for automotive applications.

Saint-Gobain S.A. is a company that is engaged in manufacturing, distributing, and designing different services and materials for use in the construction and industrial sectors. With footprints in over 75 countries in the world, the company is headquartered in France. It also facilitates and designs recycled solutions for use in renovation and new construction activities.

Cardinal Glass Industries, Inc., established in 1962, is a leader in the development and manufacturing of residential glass for use in windows and doors. Through its R&D centres in Wisconsin, Florida, and Minnesota, the company aims to develop advanced glass products for the residential sector.

Other tempered glass market players include Guardian Industries Holdings, Nippon Sheet Glass Co., Ltd, Airxcel, Inc., Kibing Group, SCHOTT AG, and Tomakk Glass Partners, LLC, among others.

Key Highlights of the Report