Tempered Glass Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
The Business Research Company Global Tempered Glass Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, UK, March 29, 2022 /EINPresswire.com/ — Tempered glass manufacturers using new advanced technologies for glass manufacturing is a key trend in the global tempered glass market. For example, low temperature glass seals for optics and precision mechanics are increasingly used by glass manufacturers. This process is developed in collaboration with Fraunhofer IOF, a leading institute for applied optics and precision engineering, and Vistec Electron Beam GmbH, a leading company for advanced electron beam lithography. These stable and strong inorganic joints produced by this new process guarantee high mechanical resistance with minor optical losses.
In April 2021, Airxcel Inc. completed the acquisition of Cleer Vision Windows Inc. This acquisition allowed Airxcel to further establish itself in the RV industry, enhancing the company’s product portfolio and business. Airxcel Inc is an American designer, manufacturer and marketer of functional products for the recreational vehicle and specialty HVAC markets. Cleer Vision Windows, Inc, is a supplier of windows and tempered glass to the recreational vehicle and specialty industries.
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The global tempered glass market size is expected to grow from USD 53.05 billion in 2021 to USD 56.42 billion in 2022 at a compound annual growth rate (CAGR) of 6.35%. The growth of the market is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote working and closure of business activities which resulted in operational challenges. The global tempered glass market size is expected to reach USD 76.93 billion in 2026 with a CAGR of 8.06%.
The increasing use of tempered glass in mobile phone accessories is propelling the growth of tempered glass market. Consumers often view cell phones as premium products and are willing to spend on external accessories such as tempered glass screen protectors. Tempered glass products have become a widely used screen protection technology over the years due to its high quality and multi-layered shock absorption properties. According to the tempered glass industry growth analysis, the increasing use of tempered glass in mobile phone accessories to maintain durability and reduce the risk of screen damage will drive the market demand.
The major players covered in the global tempered glass industry are Saint-Gobain, Dlubak Specialty Glass Corporation, Guardian Industries, NSG Group, Asahi Glass Company (AGC), PPG Industries, AFG Industries, Pilkington, Cardinal FG, Shanghai Northglass Technology & Industry Co. Ltd., and AYG Coating Glass Co. Ltd.
TBRC’s global tempered glass industry report is segmented by flat tempered glass shape, curved tempered glass, by plain glass type, colored glass, by end-use industry in automotive, construction, electricity and electronics, etc.
Global Tempered Glass Market Report 2022 – By Shape (Flat Tempered Glass, Curved Tempered Glass), By Type (Ordinary Glass, Colored Glass), By End-Use Industry (Automotive, Construction, Electrical & Electronics) – Market Size Market, Trends and Global Forecasts 2022-2026 are part of a series of new reports from The Business Research Company that provide tempered glass market overview, tempered glass market forecast, tempered glass market size and Global Tempered Glass Market Growth, Tempered Glass Market Segments, Geographies, Tempered Glass Market Trends, Tempered Glass Market Drivers, Constraints, Revenues, Profiles and Market Shares main competitors.
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