Albany, NY -- (SBWIRE) -- 04/30/2018 -- Global Impact Resistant Glass Market: Brief Overview
The global demand for impact resistant glass is increasing on account of its ability to stay close together even when shattered or being broken. The impact resistant glass remains tight in place by an interlayer which is made from polyvinyl butyral (PVB) and is laminated between two or more glass layers. The thickness of the glass and multiplicity of interlayers are responsible for the strength of the impact resistant glass, bolstering its demand from across applications.
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Some of the applications for this glass include automotive windshields, skylight glazing, and it is also used on railings, staircases, fences, shower rooms, floors, window, table top, glass partition, glass sliding door, glass curtain wall, and glass façade, in geographical areas that are prone to hurricanes. They are also used in bullet proof glass, high speed train windshield, and explosion proof glass. While the market is challenged by the high cost of materials required for the manufacturing of impact resistant glass, the growth of this market is nevertheless anticipated at a healthy pace.
Global Impact Resistant Glass Market: Trends and Opportunities
Among the different types of lamination process such as addition of chemical catalysts, light, UV, and autoclaving. Of these, it is the autoclaving process which is leading in the global impact resistant glass market. In terms of the end users of impact resistant glass, such as the aerospace, automotive, construction and infrastructure, and architectural, it is estimated that the construction and infrastructure industry sectors will lead in the market. The next leading end user is likely to be the automotive industry.
It is estimated that the growing population of middle class people and the growth of the economy have fuelled construction and building activities worldwide, especially in the developing nations. This is behind the rapid growth of this segment within the market. As for the second leading status of the automotive segment, it is estimated that the growing incidences of accidents while d riving and therefore the need t reduce loss of property will propel the demand for impact resistant glass from the automotive industry.
Global Impact Resistant Glass Market: Geographical Analysis
Asia Pacific is leading in the market for impact resistant, followed by North America. The growing focus on modernization of infrastructure in countries of Asia Pacific such as Thailand, India, and China is behind the growth of the market in APAC. In addition to this, the growing production of automobiles in Asia Pacific will also boost the demand for impact resistant glass.
Among the various parts of the world such as the Latin America, Asia Pacific, North America, the Middle East and Africa, and Europe, it is estimated that the stable economy and therefore a rise in the infrastructural projects are boosting the market for impact resistant glass in Latin America. This region is also receiving an impetus from the increasing income of the middle class people. The impact resistant glass market in the Middle East and Africa is also predicted to experience a remarkable growth during the forecast period from 2017 to 2022. The burgeoning construction industry in this part of the world is behind the market's growth.
The report profiles key vendors within the global impact resistant glass market. They are: CGI Impact Resistant Windows & Doors, earthwise WINDOWS & DOORS, ALPHA IMPACT WINDOWS & DOORS, SAF-GLAS, LLC., PGT INNOVATIONS, TITAN GLASS & ALUMINUM, LLC., LAWSON INDUSTRIES, INC., and ECO window systems.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.