Tempered Glass Market Insights, Professional Survey, Challenges, Trader, Automotive, By Material Type And Forecast 2023-2032|Saint-Gobain, Dlubak Specialty Glass Corporation, Guardian Industries, NSG Group, Asahi Glass Company (AGC)

The Tempered Glass Global Market Report 2023 by The Business Research Company, provides tempered glass market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Tempered Glass Global Market Report 2023, the global tempered glass market size will grow from $57.27 billion in 2022 to $62.15 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global tempered glass is expected to grow to $89.93 billion in 2027 at a CAGR of 9.7%.

The increasing use of tempered glass in mobile phone accessories propels the growth of the tempered glass market. Consumers often view mobile phones as premium products and are willing to spend on external accessories such as tempered glass screen protectors. Tempered glass products have emerged as the most widely used screen protection technology over the years due to their high quality and multi-layered, shock-absorbent properties. The increasing use of tempered glass in mobile phone accessories to sustain durability and reduce the chances of screen damage will drive the demand for tempered glass.

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The tempered glass market is segmented:

1) By Shape: Flat Tempered Glass, Bent Tempered Glass

2) By Type: Plain Glass, Coloured Glas

3) By End Use Industry: Automotive, Construction, Electrical And Electronics, Other End Use Industry

Tempered glass manufacturers using new, advanced technologies for manufacturing glass is a key trend in the market. For example, low-temperature glass joints for optics and precision mechanics are increasingly being used by glass manufacturers. This process was 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 ensure high mechanical strength with minor optical losses.

The tempered glass market report table of contents includes: