Market Research Report
Europe Advanced Glass Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||950343|
|Published||Content info||111 Pages
Delivery time: 2-3 business days
|Europe Advanced Glass Market Forecast 2019-2028|
|Published: July 20, 2020||Content info: 111 Pages||
The Europe advanced glass market is projected to register a CAGR of 2.79% in terms of volume, and 3.06% in terms of revenue, during the forecast period, 2019-2028. The fast-paced adoption of advanced glass for green housing solutions and advancements in technology are the dominant factors propelling the market growth. The region also has the presence of key players.
The Europe advanced glass market growth analysis entails the assessment of Germany, the United Kingdom, France, Italy, Belgium, Poland, Russia, and the rest of Europe. Germany is known for its outstanding automotive industry and excellence in engineering, which is supplemented by excellent R&D infrastructure, highly-skilled workforce, and complete industry value chain integration. Many automotive OEMs use water-repellent glass, since it ensures clearer vision during poor weather conditions. Thus, the automotive sector in Germany offers ample scope for market growth. The construction industry in France witnessed the adoption of the bill on the evolution of housing, digital technology, and town planning. Though, at present, the sector is witnessing a decline in the wake of the pandemic, and the subsequent government regulations. At the same time, the expansion and renovation of educational and health infrastructure, is fueling the demand for advanced glass. This is because laminated glass provides soundproofing and enhanced reliability. In the rest of Europe, the advancing smartphone and automotive sectors are set to be beneficial for market growth. Automotive is an instrumental sector in Spain. The country is the second-largest car manufacturer in Europe. Significant growth in such factors leads to increased demands for advanced glass, due to their utilization in vehicles.
Some of the major companies operating in the market are Xinyi Glass Holdings Limited, Pittsburgh Plate Glass Industries, Sisecam Group, Gentex Corporation, Tyneside Safety Glass, etc.
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