Advanced Glass Market

Date: 2016-05

Advanced glasses are superior grades of glass which own specific characteristics and properties designed for various applications. The glass is designed with the help of advanced technological substances and techniques. It undergoes specialized chemical and mechanical process so as to meet the needs for specific applications.

With the difference in compositions and production of the glass, advanced glass are categorized into several glass types such as laminated glass, tempered glass and reflective glass. These glasses have various advantages including security, sound reduction, durability, UV control, safety, installation ease, design versatility and others. Residential & commercial, electronics, automobiles, infrastructure, railways, industrial and others are the end-users which make use of these types of glasses.

The advanced glass market is highly fragmented with the key market players driving the growth with agreements, investments, expansions, acquisitions, partnerships, collaborations, and new product launches in this market. The market is competitive with the leading players involved in the research & development of new advanced glass.

APAC region is projected to register fastest growth rate during forecast period and accounted for xx% of the advanced glass market. It is estimated to continue in the future due to huge investments from key players. The companies are adopting various growth strategies and also investing in R&D extensively to develop technically advanced unique products. Followed by APAC, North America is considered as next major consumer for advanced glass market. The study forecasts that advanced glass market will increase at a CAGR of x.x% during the forecast period 2016 and 2021, to attain an anticipated value of $xx.x billion by the end of the forecast period.

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