Report Overview

Global Laminated Glass Market- Industry Trends & Forecast Report 2028

The global laminated glass market was worth USD 20.9 billion in 2021 and is further projected to reach USD 30.5 billion by the year 2028, growing at a CAGR of 5.60% during the forecast period. The market is gaining significant traction owing to the wide application of these products in various industries including automotive construction, electronics, etc., as it provides enhanced protection from external conditions. Furthermore, increasing construction activities is also propelling the demand for laminated glass in the market.

Laminated Glass - Overview

Laminated glass is a type of safety glass made by joining layers of glass on both sides of a durable plastic sheet. Between its two or more layers of glass is a thin polymer interlayer, which is commonly made of polyvinyl butyral (PVB), ethylene-vinyl acetate (EVA), tonoplast polymers, cast in place (CIP) liquid resin, or thermoplastic polyurethane (TPU). These types of glasses are most commonly used in automobile safety, photovoltaic, UV protection, and artistic expression.

Laminated Glass Market Forecast and Trends

Growth Drivers

Expanding Production of Automobile

The increasing production of automobiles is emerging as one of the major driving factors for the laminated glass market. Laminated glass is used in cars windshields as it will give the best possible protection in the event of an accident. People are safer in car crashes with laminated glass because the windshield stays intact, preventing glass pieces from flying towards passengers. With expanding automobile capacity by various manufacturers, the demand for laminated glass is projected to surge in the forecast period.

Increasing Application in Construction Activities

Laminated glass is increasingly being used in the construction industry because of its features like increased safety/security, reduced emissions, reduced noise pollution, and protection during natural disasters. LG may also minimize solar heating, keeping building interiors cool and lowering energy use. When used as windows, the laminated glass may interrupt sound waves depending on its thickness, minimizing noise pollution from the outside. Laminated glass will remain intact in the case of natural catastrophes such as hurricanes or earthquakes, reducing the risk of injuries and deaths if windows or windshields crash on people.

Restraints

High Cost of Laminated Glass

Laminated glasses are more expensive compared to other types of glasses available in the market. This may act as a major restraining factor for market growth. The price of laminated glass is high due to the complex manufacturing process and material involved in its production. The use of resin material and glass panels is primarily in laminated glass material and directly contributes to increasing its price.

Impact of COVID-19 on Laminated Glass Market

The unprecedented COVID-19 pandemic outbreak negatively impacted the growth of the laminated glass market. Since laminated glass is a non-essential item, its production was immediately halted post the imposition of lockdown in various countries. Furthermore, the manufacturing and production operations of the automobile as well as construction industry were also obstructed due to hindrance in the supply chain and shortage of labor workforce, which resulted in a significant decline in the demand for laminated glass in the market.

Laminated Glass Market - By Interlayer

Based on interlayer, the global laminated glass market is segmented into polyvinyl butyral, tonoplast polymer, and others. The polyvinyl butyral segment holds the largest share in the laminated glass market. The laminated glass is commonly made by pasting polyvinyl butyral resin glue film between two or more pieces of the glass sheet, then heating, pressing, and bonding them together to create a flat or curved compound glass product.

Laminated Glass Market - By End-User

Based on end-user, the global laminated glass market is segmented into automotive, building and construction, electronics, and other end-user industries. The automotive segment accounts for the largest market share owing to the use of laminated glass in automobiles due to its higher resistance to breakage and therefore, offers higher safety to the passengers from external attacks or accidents. The expanding production of automobiles is presenting a lucrative market for the laminated glass market.

Laminated Glass Market - Regional Insights

Geographically, the global laminated glass market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. The Asia-Pacific region dominates the laminated glass market. The growth is mainly attributed to the increasing construction activities owing to the infrastructural development in emerging economies such as China, India, Thailand, Vietnam, etc. Moreover, the high concentration of automobile manufacturers in these countries also acts as a major driving factor for the growth of the laminated glass market.

Competitive Landscape

The leading market players of the laminated glass market are AGC Inc., Taiwan Glass Ind. Corp., Asahi India Glass Limited, Stevenage Glass Company Ltd, Cardinal Glass Industries Inc., Saint-Gobain, Central Glass Co. Ltd, Nippon Sheet Glass Co. Ltd, Fuyao Glass Industry Group, JE Berkowitz, GSC Glass Ltd, Guardian Glass LLC, Xinyi Glass Holdings Co., Ltd, Motherson Group, Webasto Group, Hitachi Chemical Co., Corning Incorporated, Gentex Corporation, and other prominent players.

The laminated glass market is slightly consolidated with the presence of multinational corporations who dominate the major share in the market. The companies constantly launch new products to suit the needs of different industries. They are also investing in expanding their production capacities to meet the surging global demand for laminated glass. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc., is also prominent in this market.

Recent Development

• In February 2022, AGC Inc., a Japanese glass manufacturing company, announced the investment of 10 million euros in laminated glass lines at its Osterweddingen, Germany Facility.
• In November 2022, Fenzi Holdings SPV S.p.A., an Italian chemical company, announced the acquisition of Johnson Matthey’s Advanced Glass Technologies business.

Scope of the Report

By Interlayer

• Polyvinyl Butyral
• Ionoplast Polymer
• Others

By End-Use Industry

• Automotive
• Building and Construction
• Electronics
• Other End-User Industries

By Region

• North America
• Europe
• Asia-Pacific (APAC)
• Latin America (LATAM)
• Middle East & Africa (MEA)

1. Research Framework
   1. Research Objective
   2. Interlayer Overview
   3. Market Segmentation
2. Research Methodology
   1. Qualitative Research
      1. Primary & Secondary Research
   2. Quantitative Research
   3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
   4. Breakdown of Primary Research Respondents, By Region
   5. Assumption & Limitation
3. Executive Summary
4. Global Laminated Glass Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   3. Technological Landscape/Recent Development
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
5. Global Laminated Glass Market Overview
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Million Sqm)
   2. Market Share & Forecast
      1. By Interlayer
         1. Polyvinyl Butyral
         2. Ionoplast Polymer
         3. Others
      2. By End-Use
         1. Automotive
         2. Building and Construction
         3. Electronics
         4. Others
      3. By Region
         1. North America
         2. Europe
         3. Asia-Pacific
         4. Latin America
         5. Middle East and Africa
6. North America Laminated Glass Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Million Sqm)
   2. Market Share & Forecast
      1. By Interlayer
      2. By End-Use
      3. By Formulation
      4. By Country
         1. United States
         2. Canada
7. Europe Laminated Glass Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Million Sqm)
   2. Market Share & Forecast
      1. By Interlayer
      2. By End-Use
      3. By Formulation
      4. By Country
         1. Germany
         2. United Kingdom
         3. Italy
         4. France
         5. Spain
         6. Rest of Europe
8. Asia Pacific Laminated Glass Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2. By Volume (Million Sqm)
   2. Market Share & Forecast
      1. By Interlayer
      2. By End-Use
      3. By Formulation
      4. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of Asia Pacific
9. Latin America Laminated Glass Market
   1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
      2.    By Volume (Million Sqm)
   2. Market Share & Forecast
      1. By Interlayer
      2. By End-Use
      3. By Formulation
      4. By Country
         1. Brazil
         2. Mexico
         3. Rest of Latin America
10. Middle East & Africa Laminated Glass Market
    1. Market Size & Forecast by Value, 2018-2028
       1. By Value (USD Million)
       2.  By Volume (Million Sqm)
    2. Market Share & Forecast
       1. By Interlayer
       2. By End-Use
       3. By Formulation
       4. By Country
          1. Saudi Arabia
          2. UAE
          3. South Africa
          4. Rest of Middle East & Africa
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Impact of COVID-19 on Global Laminated Glass Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
    1. Saint-Gobain s.a.
    2. Agc inc.
    3. Nippon Sheet Glass co., ltd.
    4. Central glass co., ltd.
    5. Asahi India Glass Limited
    6. Taiwan Glass industry corporation
    7. Guardian Glass LLC
    8. Xinyi Glass Holdings Limited
    9. Stevenage Glass Company Ltd.
    10. Fuyao Glass Industry Group co., ltd.
    11. JE Berkowitz
    12. GSC Glass Ltd
    13. Motherson Group
    14. Webasto Group
    15. Hitachi Chemical Co.
    16. Corning Incorporated
    17. Gentex Corporation
    18. Other Prominent Players
14. Key Strategic Recommendations

List of Figures

Figure 1                Global Laminated Glass Segmentation

Figure 2                               Global Laminated Glass Market Value Chain Analysis

Figure 3                               Company Market Share Analysis, 2021

Figure 4                               Global Laminated Glass Market Size, By Value (USD Million), 2018-2028

Figure 5                               Global Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028

Figure 6                               Global Laminated Glass Market Share, By Interlayer, By Value, 2018-2028

Figure 7                               Global Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028

Figure 8                               Global Laminated Glass Market Share, By End-Use, By Value, 2018-2028

Figure 9                               Global Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028

Figure 10              Global Laminated Glass Market Share, By Region, By Value, 2018-2028

Figure 11              Global Laminated Glass Market Share, By Region, By Volume (Million Sqm), 2018-2028

Figure 12              North America Laminated Glass Market Size, By Value (USD Million), 2018-2028

Figure 13              North America Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028

Figure 14              North America Laminated Glass Market Share, By Interlayer, By Value, 2018-2028

Figure 15              North America Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028

Figure 16              North America Laminated Glass Market Share, By End-Use, By Value, 2018-2028

Figure 17              North America Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028

Figure 18              North America Laminated Glass Market Share, By Country, By Value, 2018-2028

Figure 19              North America Laminated Glass Market Share, By Country, By Volume (Million Sqm), 2018-2028

Figure 20              Europe Laminated Glass Market Size, By Value (USD Million), 2018-2028

Figure 21              Europe Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028

Figure 22              Europe Laminated Glass Market Share, By Interlayer, By Value, 2018-2028

Figure 23              Europe Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028

Figure 24              Europe Laminated Glass Market Share, By End-Use, By Value, 2018-2028

Figure 25              Europe Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028

Figure 26              Europe Laminated Glass Market Share, By Country, By Value, 2018-2028

Figure 27              Europe Laminated Glass Market Share, By Country, By Volume (Million Sqm), 2018-2028

Figure 28              Asia-Pacific Laminated Glass Market Size, By Value (USD Million), 2018-2028

Figure 29              Asia-Pacific Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028

Figure 30              Asia-Pacific Laminated Glass Market Share, By Interlayer, By Value, 2018-2028

Figure 31              Asia-Pacific Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028

Figure 32              Asia-Pacific Laminated Glass Market Share, By End-Use, By Value, 2018-2028

Figure 33              Asia-Pacific Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028

Figure 34              Asia-Pacific Laminated Glass Market Share, By Country, By Value, 2018-2028

Figure 35              Asia-Pacific Laminated Glass Market Share, By Country, Volume (Million Sqm),2018-2028

Figure 36              Latin America Laminated Glass Market Size, By Value (USD Million), 2018-2028

Figure 37              Latin America Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028

Figure 38              Latin America Laminated Glass Market Share, By Interlayer, By Value, 2018-2028

Figure 39              Latin America Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028

Figure 40              Latin America Laminated Glass Market Share, By End-Use, By Value, 2018-2028

Figure 41              Latin America Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028

Figure 42              Latin America Laminated Glass Market Share, By Country, By Value, 2018-2028

Figure 43              Latin America Laminated Glass Market Share, By Country, By Volume (Million Sqm), 2018-2028

Figure 44              Middle East & Africa Laminated Glass Market Size, By Value (USD Million), 2018-2028

Figure 45              Middle East & Africa Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028

Figure 46              Middle East & Africa Laminated Glass Market Share, By Interlayer, By Value, 2018-2028

Figure 47              Middle East & Africa Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028

Figure 48              Middle East & Africa Laminated Glass Market Share, By End-Use, By Value, 2018-2028

Figure 49              Middle East & Africa Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028

Figure 50              Middle East & Africa Laminated Glass Market Share, By Country, By Value, 2018-2028

Figure 51              Middle East & Africa Laminated Glass Market Share, By Country, By Volume (Million Sqm), 2018-2028

List of Tables

Table 1                  Global Laminated Glass Market Share, By Interlayer, By Value, 2018-2028                              

Table 2                  Global Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028                              

Table 3                  Global Laminated Glass Market Share, By End-Use, By Value, 2018-2028                 

Table 4                  Global Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028 

Table 5                  Global Laminated Glass Market Share, By Region, By Value, 2018-2028                    

Table 6                  Global Laminated Glass Market Share, By Region, By Volume (Million Sqm), 2018-2028

Table 7                  North America Laminated Glass Market Size, By Value (USD Million), 2018-2028                  

Table 8                  North America Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028

Table 9                  North America Laminated Glass Market Share, By Interlayer, By Value, 2018-2028

Table 10               North America Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028                               

Table 11               North America Laminated Glass Market Share, By End-Use, By Value, 2018-2028                 

Table 12               North America Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028                 

Table 13               North America Laminated Glass Market Share, By Country, By Value, 2018-2028                  

Table 14               North America Laminated Glass Market Share, By Country, By Volume (Million Sqm, 2018-2028                   

Table 15               Europe Laminated Glass Market Size, By Value (USD Million), 2018-2028                 

Table 16               Europe Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028                            

Table 17               Europe Laminated Glass Market Share, By Interlayer, By Value, 2018-2028                             

Table 18               Europe Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028                             

Table 19               Europe Laminated Glass Market Share, By End-Use, By Value, 2018-2028                                

Table 20               Europe Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028                                

Table 21               Europe Laminated Glass Market Share, By Country, By Value, 2018-2028                

Table 22               Europe Laminated Glass Market Share, By Country, By Volume (Million Sqm), 2018-2028                

Table 23               Asia-Pacific Laminated Glass Market Size, By Value (USD Million), 2018-2028                         

Table 24               Asia-Pacific Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028                    

Table 25               Asia-Pacific Laminated Glass Market Share, By Interlayer, By Value, 2018-2028                     

Table 26               Asia-Pacific Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028                     

Table 27               Asia-Pacific Laminated Glass Market Share, By End-Use, By Value, 2018-2028                        

Table 28               Asia-Pacific Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028                        

Table 29               Asia-Pacific Laminated Glass Market Share, By Country, By Value, 2018-2028                        

Table 30               Asia-Pacific Laminated Glass Market Share, By Country, Volume (Million Sqm),2018-2028                               

Table 31               Latin America Laminated Glass Market Size, By Value (USD Million), 2018-2028                    

Table 32               Latin America Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028                               

Table 33               Latin America Laminated Glass Market Share, By Interlayer, By Value, 2018-2028                                

Table 34               Latin America Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028                               

Table 35               Latin America Laminated Glass Market Share, By End-Use, By Value, 2018-2028                   

Table 36               Latin America Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028                   

Table 37               Latin America Laminated Glass Market Share, By Country, By Value, 2018-2028                   

Table 38               Latin America Laminated Glass Market Share, By Country, By Volume (Million Sqm), 2018-2028                   

Table 39               Middle East & Africa Laminated Glass Market Size, By Value (USD Million), 2018-2028                       

Table 40               Middle East & Africa Laminated Glass Market Size, By Volume (Million Sqm), 2018-2028                  

Table 41               Middle East & Africa Laminated Glass Market Share, By Interlayer, By Value, 2018-2028                   

Table 42               Middle East & Africa Laminated Glass Market Share, By Interlayer, By Volume (Million Sqm), 2018-2028                               

Table 43               Middle East & Africa Laminated Glass Market Share, By End-Use, By Value, 2018-2028                     

Table 44               Middle East & Africa Laminated Glass Market Share, By End-Use, By Volume (Million Sqm), 2018-2028                               

Table 45               Middle East & Africa Laminated Glass Market Share, By Country, By Value, 2018-2028                      

Table 46               Middle East & Africa Laminated Glass Market Share, By Country, By Volume (Million Sqm), 2018-2028                               

Table 47               Saint-Gobain s.a Company Overview                      

Table 48               Saint-Gobain s.a Financial Overview                       

Table 49               Agc Inc. Company Overview                       

Table 50               Agc Inc. Financial Overview                        

Table 51               Nippon Sheet Glass co., ltd. Company Overview                

Table 52               Nippon Sheet Glass co., ltd. Financial Overview                 

Table 53               Central glass co., ltd. Company Overview                             

Table 54               Central glass co., ltd. Financial Overview               

Table 55               Asahi India Glass Limited Company Overview                              

Table 56               Asahi India Glass Limited Financial Overview               

Table 57               Taiwan Glass Industry Corporation Company Overview                  

Table 58               Taiwan Glass Industry Corporation Financial Overview                   

Table 59               Guardian Glass LLC Company Overview                 

Table 60               Guardian Glass LLC Financial Overview                  

Table 61               Xinyi Glass Holdings Limited Company Overview               

Table 62               Xinyi Glass Holdings Limited Financial Overview                

Table 63               Stevenage Glass Company Ltd. Company Overview                

Table 64               Stevenage Glass Company Ltd. Financial Overview                  

Table 65               Fuyao Glass Industry Group co., ltd. Company Overview                

Table 66               Fuyao Glass Industry Group co., ltd. Financial Overview                 

Table 67               JE Berkowitz Company Overview                          

Table 68               JE Berkowitz Financial Overview                           

Table 69               GSC Glass Ltd Company Overview                       

Table 70               GSC Glass Ltd Financial Overview                        

Table 71               Motherson Group Company Overview                

Table 72               Motherson Group Financial Overview                 

Table 73               Webasto Group Company Overview                    

Table 74               Webasto Group Financial Overview                     

Table 75               Hitachi Chemical Co. Company Overview                        

Table 76               Hitachi Chemical Co. Financial Overview                         

Table 77               Corning Incorporated Company Overview                       

Table 78               Corning Incorporated Financial Overview                        

Table 79               Genetex Corporation Company Overview                        

Table 80               Genetex Corporation Financial Overview