강화유리 시장 예측(-2030년) : 제품별, 재료별, 두께별, 기술별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Tempered Glass Market is accounted for $54.98 billion in 2023 and is expected to reach $105.79 billion by 2030 growing at a CAGR of 9.8% during the forecast period. Tempered glass is a type of safety glass that undergoes a specialized heating and cooling process to increase its strength. It is approximately four times stronger than regular glass and shatters into small, blunt pieces when broken, reducing the risk of injury. Due to its durability and safety features, tempered glass is commonly used in applications where safety is paramount. Its resistance to thermal stress also makes it suitable for use in high-temperature environments.

According to an article published by the Economic Times, the smartphone industry has witnessed 11%year-on year growth rate with shipments rose from 150 billion in 2020 to 168 billion in 2021.

Market Dynamics:

Driver:

Rapid urbanization and infrastructure development

As cities expand, there is a growing need for modern, aesthetically pleasing buildings with enhanced safety features. Tempered glass fulfills these requirements by offering strength, durability, and safety, making it a preferred choice for windows, facades, and interior partitions in high-rise buildings, commercial complexes, and public spaces. Additionally, the renovation and modernization of existing structures further contribute to the increased adoption of tempered glass, propelling its market growth in urban environments.

Restraint:

Risk of spontaneous breakage

Tempered glass is prone to spontaneous breakage due to internal stresses introduced during the rapid cooling process of its manufacturing. While uncommon, these stresses can cause the glass to shatter without external force, posing safety concerns. This risk undermines consumer confidence and raises liability issues for manufacturers and end-users. Instances of spontaneous breakage can lead to product recalls, increased warranty claims, and damage to brand reputation, ultimately hindering market growth and adoption.

Opportunity:

Growing demand for consumer electronics

Tempered glass is utilized as a protective cover for device screens due to its scratch resistance and durability, ensuring enhanced safety and longevity. As consumers prioritize device protection and longevity, manufacturers are compelled to incorporate tempered glass in their products, consequently boosting the market's growth. This trend is further fuelled by advancements in glass manufacturing technologies, making tempered glass more accessible and cost-effective for both manufacturers and consumers. Therefore, the rising demand for consumer electronics, such as smart phones, tablets, and laptops, drives the market growth.

Threat:

High production costs

The high production costs in tempered glass primarily stem from the specialized manufacturing processes required to achieve its superior strength and durability. The tempering process involves heating the glass to high temperatures and then rapidly cooling it, which demands advanced machinery and energy-intensive procedures. These elevated production costs can lead to higher prices for tempered glass products, potentially limiting their affordability and adoption, especially in price-sensitive markets.

Covid-19 Impact

The covid-19 pandemic significantly impacted the tempered glass market as lockdowns, supply chain disruptions, and reduced construction activities slowed demand. The automotive sector, another major consumer, faced production halts and decreased consumer spending, affecting tempered glass sales for vehicle applications. Additionally, uncertainty and economic downturns led to postponements of architectural projects, further dampening market growth. However, increased emphasis on hygiene and safety in public spaces spurred demand for protective barriers and screens, offering a slight offset. Overall, the pandemic-induced challenges resulted in a temporary setback for the tempered glass market.

The decorative tempered glass segment is expected to be the largest during the forecast period

The decorative tempered glass segment is estimated to have a lucrative growth. Decorative tempered glass offers a blend of aesthetics and durability, making it a popular choice for interior and exterior design applications. Through a specialized heating and cooling process, the glass is strengthened to withstand impacts and thermal stress. Its versatility allows for a wide range of decorative possibilities, including frosted, etched, coloured, or patterned designs. Decorative tempered glass enhances visual appeal while providing safety and resilience in residential, commercial, and industrial settings.

The consumer electronics segment is expected to have the highest CAGR during the forecast period

The consumer electronics segment is anticipated to witness the highest CAGR growth during the forecast period. Tempered glass is integral to consumer electronics, providing crucial protection for devices. Its high durability and resistance to scratches and impacts shield delicate screens, enhancing device longevity. The precise manufacturing process ensures uniform strength, maintaining screen clarity and touch sensitivity. With the rising demand for sleek yet robust electronic devices, tempered glass has become a staple component, safeguarding screens from daily wear and tear while maintaining an optimal user experience.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period, driven by rapid urbanization, infrastructural development, and increasing construction activities. Countries like China, India, and Japan are key players due to their booming construction sectors and automotive industries. The rising demand for consumer electronics also fuels market growth in this region. With ongoing urbanization and industrialization projects, the Asia-Pacific tempered glass market is expected to witness sustained growth in the coming years.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to factors such as robust construction activities, stringent safety regulations, and technological advancements. The United States and Canada lead the market due to their thriving construction and automotive industries. Additionally, the region's focus on sustainability and energy efficiency fuels the adoption of tempered glass in architectural applications. Despite occasional economic fluctuations, the North American tempered glass market is poised for steady growth, supported by ongoing infrastructure development initiatives.

Key players in the market

Some of the key players profiled in the Tempered Glass Market include Corning Incorporated, Asahi Glass Corporation, Nippon Sheet Glass Group, Guardian Industries, Saint-Gobain, SOROO, Schott AG, Taiwan Glass Industries, Fuyao Glass Industry, Xinyi Glass Holdings Limited, Gadgetshieldz, Vitro, PPG Industries and Central Glass Corporation.

Key Developments:

In July 2023, SOROO, an India's progressive gadget accessory and consumer electronics brand quality mobile accessories, has launched a new Range of tempered THOR SERIES. THOR SERIES has anti- scratch which is more wear resistant than ordinary products. Its anti-static doesn't enable to enter dust. The anti-fingerprint reduces the adhesion rate of fingerprint, long screen clean as new.

In February 2023, Gadgetshieldz, India's leading mobile skins and screen protector brand, has finally revealed their tempered glass screen guards range under their sub-brand X.Glas. This expansion could help them cater to a broader market segment and enhance their offerings in the mobile accessories industry.

Products Covered:

• Clear Tempered Glass
• Tinted Tempered Glass
• Coated Tempered Glass
• Low-Emissivity Tempered Glass
• Patterned Tempered Glass
• Decorative Tempered Glass
• Customized Tempered Glass
• Other Products

Materials Covered:

• Soda-Lime Glass
• Borosilicate Glass
• Aluminosilicate Glass
• Fused Silica Glass
• Ceramic Glass
• Sapphire Glass
• Quartz Glass
• Specialty Glasses
• Other Materials

Thickness Covered:

• Thin (2-4 mm)
• Medium (5-8 mm)
• Thick (9-12 mm)
• Extra Thick (13+ mm)

Technologies Covered:

• Chemical Tempering
• Thermal Tempering
• Ion Exchange
• Air Quenching
• Oven Cooling
• Heat Strengthening
• Other Technologies

Applications Covered:

• Medical Equipment
• Furniture
• Solar Panels
• Consumer Electronics
• Construction & Architecture
• Other Applications

End Users Covered:

• Residential Customers
• Commercial Customers
• Industrial Customers

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 End User Analysis
• 3.10 Emerging Markets
• 3.11 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Tempered Glass Market, By Product

• 5.1 Introduction
• 5.2 Clear Tempered Glass
• 5.3 Tinted Tempered Glass
• 5.4 Coated Tempered Glass
• 5.5 Low-Emissivity Tempered Glass
• 5.6 Patterned Tempered Glass
• 5.7 Decorative Tempered Glass
• 5.8 Customized Tempered Glass
• 5.9 Other Products

6 Global Tempered Glass Market, By Material

• 6.1 Introduction
• 6.2 Soda-Lime Glass
• 6.3 Borosilicate Glass
• 6.4 Aluminosilicate Glass
• 6.5 Fused Silica Glass
• 6.6 Ceramic Glass
• 6.7 Sapphire Glass
• 6.8 Quartz Glass
• 6.9 Specialty Glasses
• 6.10 Other Materials

7 Global Tempered Glass Market, By Thickness

• 7.1 Introduction
• 7.2 Thin (2-4 mm)
• 7.3 Medium (5-8 mm)
• 7.4 Thick (9-12 mm)
• 7.5 Extra Thick (13+ mm)

8 Global Tempered Glass Market, By Technology

• 8.1 Introduction
• 8.2 Chemical Tempering
• 8.3 Thermal Tempering
• 8.4 Ion Exchange
• 8.5 Air Quenching
• 8.6 Oven Cooling
• 8.7 Heat Strengthening
• 8.8 Other Technologies

9 Global Tempered Glass Market, By Application

• 9.1 Introduction
• 9.2 Medical Equipment
• 9.3 Furniture
• 9.4 Solar Panels
• 9.5 Consumer Electronics
• 9.6 Construction & Architecture
• 9.7 Other Applications

10 Global Tempered Glass Market, By End User

• 10.1 Introduction
• 10.2 Residential Customers
• 10.3 Commercial Customers
• 10.4 Industrial Customers

11 Global Tempered Glass Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Corning Incorporated
• 13.2 Asahi Glass Corporation
• 13.3 Nippon Sheet Glass Group
• 13.4 Guardian Industries
• 13.5 Saint-Gobain
• 13.6 SOROO
• 13.7 Schott AG
• 13.8 Taiwan Glass Industries
• 13.9 Fuyao Glass Industry
• 13.10 Xinyi Glass Holdings Limited
• 13.11 Gadgetshieldz
• 13.12 Vitro
• 13.13 PPG Industries
• 13.14 Central Glass Corporation