NEWARK, Del, April 15, 2024 (GLOBE NEWSWIRE) -- The global impact resistant glass market is anticipated to reach a valuation of US$ 3.4 billion in 2024, driven by customization and personalization trends. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 8.6% between 2024 and 2034, and reaching a total valuation of approximately US$ 7.8 billion by 2034.
Nanotechnology is increasingly being applied to glass manufacturing processes to enhance the strength, flexibility, and durability of impact resistant glass. Nano coatings and additives are being used to improve scratch resistance, reduce glare, and enhance the optical properties of glass, offering superior performance in various applications.
The demand for impact resistant glass with soundproofing capabilities is rising, driven by urbanization, traffic noise, and noise pollution concerns. Impact resistant glass products with acoustic insulation properties help mitigate noise transmission, improve indoor comfort, and create quieter environments in residential, commercial, and transportation settings.
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The integration of IoT sensors with impact resistant glass products enables real time monitoring of glass performance, environmental conditions, and security status. Smart glass solutions equipped with IoT sensors can detect impacts, temperature changes, and security breaches, providing actionable insights for preventive maintenance, security alerts, and energy optimization.
The emphasis on fire safety regulations and building codes is driving the adoption of fire rated impact resistant glass in high risk environments such as commercial buildings, industrial facilities, and transportation terminals. Fire rated glass products offer fire resistance, smoke containment, and radiant heat protection, enhancing occupant safety and property protection in the event of a fire.
Key Takeaways from the Market Study
- Global impact resistant glass market was valued at US$ 3.1 billion in 2023.
- From 2019 to 2023, the market demand expanded at a CAGR of 10.2%.
- The market in Japan is expected to expand at a CAGR of 8.8% through 2034.
- By interlayer, the polyvinyl butyral segment to account for a CAGR of 8.3% through 2034.
- The absolute dollar growth of the market is projected to reach a value of US$ 4.4 billion during the forecast period.
- The market in the United Kingdom is expected to expand at a CAGR of 9.6% through 2034.
“The expansion of the healthcare sector, including hospitals, clinics, and medical facilities, is driving the demand for impact resistant glass in healthcare infrastructure. Impact resistant glass enhances patient safety, infection control, and environmental sustainability in healthcare environments, meeting stringent regulatory requirements and infection control standards,” says Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).
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Competitive Landscape
Prominent players in the Impact Resistant Glass market are Asahi Glass, Nippon Sheet Glass (NSG), Saint-Gobain, Guardian Industries, Fuyao Glass Industry Group, Central Glass, Sisecam Group, Taiwan Glass, Vitro, S.A.B. De C.V., CGS Holding Co., Ltd., Cardinal Glass Industries, and Euroglas GmbH, among others.
Company Portfolio
- Saint-Gobain is a multinational conglomerate that produces a wide range of construction materials, including impact resistant glass. The impact resistant glass products of Saint-Gobain are used in architectural glazing, automotive, aerospace, and other industries where safety and durability are paramount. Saint-Gobain focuses on innovation, sustainability, and customer satisfaction in its glass manufacturing operations.
- Guardian Industries is a global glass manufacturer that offers a diverse portfolio of glass products, including impact resistant glass solutions. The impact resistant glass offerings by Guardian include laminated glass and tempered glass products designed to withstand high impact and provide safety and security in various applications.
Regional Analysis of the Impact Resistant Glass Market
| Countries | Forecast CAGRs from 2024 to 2034 | |
| The United States | 9.0% | |
| China | 8.9% | |
| The United Kingdom | 9.6% | |
| Japan | 8.8% | |
| Korea | 11.3% | |
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More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global impact resistant glass market, providing historical data for 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand opportunities in the impact resistant glass market, the market is segmented on the basis of interlayer (polyvinyl butyral, ionoplast polymer, ethylene vinyl acetate, others), and end user industry (construction and infrastructure, automotive and transportation, others), across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa).
About the Chemicals and Materials Division at Future Market Insights
The chemicals and materials team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
Authored By
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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