4100.00 Dollar US$ Global Laminated Glass Market Pune

Global Laminated Glass Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 6.01% during forecast period.
Major driver of global laminated glass market are increasing awareness about various benefits of offered by laminated glasses like security, safety and energy savings in the construction industry has triggered the demand for laminated glass. Rising need of advanced laminated glass products for particular applications, rising demand from emerging regions, and increasing demand for laminated glass from end-use industries like healthcare, electronics, aerospace, and telecom, among others, is expected to boost growth of the laminated glass
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Rising demand for laminated glass across automotive industry for manufacturing light commercial vehicles, passenger cars, buses & coaches, and heavy trucks. Furthermore, stringent automobile safety rules and regulations is among additional factor estimated to fuel revenue growth of the target market.
However, high and fluctuating raw material cost is a major factor estimated to restraint growth of the global laminated glass market to significant extent. Growing trend of replacing cement, granite, and brick building exteriors globally, coupled with ongoing growth in the automotive sales in the various regions, is estimated to boost demand for global laminated glass market.
On the basis of the Interlayer segment, the ionoplast polymer interlayer is estimated to hold the largest market share during forecast period. There has been an increasing demand for ionoplast polymer from the building & construction industry, as it provides more strength, safety, toughness, durability, and stiffness than other interlayers. These properties are essential for protection against storms, large impacts, and powerful blasts.
Based on the end-use industry segment, the building & construction industry is expected to hold the largest market share during the forecast period. The growth in building & construction industry can be attributed to the growing construction industry worldwide, especially in emerging regions. In addition to this, growing investments by governments of various countries around the globe in infrastructural development projects like airports, and public transit systems is driving the demand for global laminated glass market.

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