Shatterproof Glass Market Size, Share & Industry Analysis, By Product (Plane Glass, Curved Glass), By Application (Construction, Automotive, Aerospace, Electronics, Others) And Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
The shatterproof glass is the laminated glass, where two or more sheets of glass are bound together with an invisible interlayer of resin or polyvinyl. The product is designed in such a way so that whenever it is broken, it cracks like a spider web instead of breaking into sharp or jagged pieces. The product is available in the plane and curved glass categories. Additionally, the shatterproof glass offers high strength, sound insulation, crack resistance, and temperature resistance properties, it also provides safety and security to people while protecting from injury. These factors surge the demand for shatterproof glass in the wide range of applications which include architecture, automotive, aerospace, and electronics.
The increasing demand for shatterproof glass in the construction industry will contribute to fuel the market growth. The low-temperature laminated glass is ideal for its durability, safety, and security. The interlayers of shatterproof glass aids in the reduction of sound transmission thereby help the people who live on a busy street or near a school or commercial district. In the construction industry, the product is used in both residential & commercial buildings. The rapid growth in the construction industry coupled with increasing innovation in the smart glasses will help to surge the product demand. Hence, rising demand will fuel the shatterproof glass market growth during the forecast period.
However, the high price of shatterproof laminated glass owing to its high strength impacts the overall demand. Hence, this is anticipated to hamper the market growth.
Key Market Driver -
The rising demand for shatterproof glass in the construction industry to drive the market growth.
Key Market Restraint -
High price of shatterproof glass to restrict the market growth
Market Segmentation:
Based on product, the shatterproof glass market is segmented into plane glass and curved glass. Based on application, the market is segmented into architecture, automotive, aerospace, electronics, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Players Covered:
The key players in the shatterproof glass market include SHREE UMIYA GLASS WORKS, RIKEN TECHNOS CORP, 3M, Tango Shatterproof Drinkware Inc, SILATEC GmbH, Asahi India Glass Limited, Konshen Glass & Coatings, Saint-Gobain Glass, and Shandong Senhong Glass Co.,Ltd.
Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenarios
- Porters Five Forces Analysis
Regional Analysis:
Asia Pacific is anticipated to witness the highest growth in the shatterproof glass market. The growth is attributed to the rising adoption of the product in the construction industry. The increasing use of plane glass in the automotive industry will fuel the market growth in Europe. In North America, the growth is due to the adoption of the product in the aerospace industry. The Middle East & Africa is anticipated to witness significant growth, owing to increasing use of curved glass in the electronics industry.
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Segmentation
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- Ongoing
- 2023
- 2019-2022
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