Expansion of Global Safety Glass Industry is Forecast to Reach 1.5% P.A.

Date: 2015-08-12

“The expansion of the global safety glass industry is forecast to reach 1.5% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 4.3%. Currently, laminated safety glass for vehicles, vessels, aircraft and spacecraft accounts for 38.3% of the global demand while the remaining market share is divided between other laminated safety glass (11.9%), tempered safety glass for vehicles, vessels, aircraft and spacecraft (23.6%) and other tempered safety glass (26.3%).

China, Germany, Italy, Turkey and the United States represent the largest safety glass markets while the strongest annual growth is forecast to occur in Morocco (32.3%), Jordan (13.4%), Yemen (9.9%), Bolivia (9.2%) and Rwanda (8.9%).”

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