GLOBAL TEMPERED GLASS MARKET

Increasing demand for smartphones and laptops

Demand for energy- efficient systems

Progress in technology, coupled with environmental concerns and demand for environment-friendly buildings, has necessitated the application of energy- efficient systems translating to the use of tempered glass in different applications, particularly in the construction of green buildings.

GROWTH ATTRIBUTED TO RISE IN DEMAND FOR SMARTPHONES

The smartphone market is growing at a rapid pace due to technological progress such as high-speed internet browsing, personal data management, and innovative applications. A decrease in the price of smartphones is also promoting the demand.

The global tempered glass market will grow at a CAGR of more than 5% by 2022.

Growth Figures

0%

2%

4%

6%

8%

2018 2020 2022

APAC WILL CHARGE AHEAD IN  TEMPERED GLASS THROUGH 2018

By 2022, 46.24% of the incremental growth will originate from APAC.

of the market is held by APAC.

45%

Plexiglass allows approximately 90% of visible light to pass through and is ultraviolet (UV) resistant. .

Will APAC continue to lead past 2018? View Report

ANTICIPATED USE OF TEMPERED GLASS IN PHOTOVOLTAICS

“Tempered glass has a long-term growth opportunity in the PV industry. The PV industry is highly cost-sensitive due to the unprofitable nature of photovoltaics.”

  - Technavio Senior Analyst

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TOP VENDORS LEADING THE MARKET

Asahi Glass        

Top contributors

Cardinal Glass Industries               Koch Industries

Nippon Sheet Glass        

SGG      

Vitro    

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