Global Tempered Glass Market Drivers, Trends And Restraints For 2022-2031
The Business Research Company’s Tempered Glass Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
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As per The Business Research Company’s “Tempered Glass Global Market Report 2022”, the tempered glass market is predicted to reach a value of $56.42 billion in 2022 at a compound annual growth rate (CAGR) of 6.35%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The tempered glass market is expected to reach $76.93 billion in 2026 at a CAGR of 8.06%. The increasing use of tempered glass in mobile phone accessories propels the growth of the tempered glass market.
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Key Trends In The Tempered Glass Market
Tempered glass manufacturers using new, advanced technologies for manufacturing glass is a key trend in the market. For example, low-temperature glass joints for optics and precision mechanics are increasingly being used by glass manufacturers. This process was developed in collaboration with Fraunhofer IOF, a leading institute for Applied Optics and precision engineering, and Vistec Electron Beam GmbH, a leading company for advanced electron-beam lithography. These stable and strong inorganic joints produced by this new process ensure high mechanical strength with minor optical losses.
Overview Of The Tempered Glass Market
The tempered glass market consists of sales of tempered glass by entities (organizations, sole proprietors, and partnerships), which is also commonly known as toughened glass. Tempered glass is an extremely strong glass that is about four times stronger than normal or annealed glass. It is made by thermally treating annealed glass to induce compressive stresses of 11000–20000 psi on the surface and edge compression of not less than 9700 psi.
Tempered glass is widely used in modern architecture due to its strength and safety properties.
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Tempered Glass Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Tempered Glass Market Segmentation
• By Shape: Flat Tempered Glass, Bent Tempered Glass
• By Type: Plain Glass, Coloured Glas
• By End Use Industry: Automotive, Construction, Electrical And Electronics, Other End Use Industry
• By Geography: The global tempered glass market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Saint-Gobain, Dlubak Specialty Glass Corporation, Guardian Industries, NSG Group, Asahi Glass Company (AGC), PPG Industries, AFG Industries, Pilkington
Trends, opportunities, strategies and so much more.
Tempered Glass Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides in-depth tempered glass market research. The market report analyzes tempered glass market size, tempered glass global market trends, tempered glass global market growth drivers, tempered glass global market segments, tempered glass global market major players, tempered glass global market growth across geographies, and tempered glass market competitors’ revenues and market positioning. The tempered glass global market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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