August 27, 2024 06:05 ET | Source: Transparency Market Research Transparency Market Research
Wilmington, Delaware, United States, Transparency Market Research Inc. -, Aug. 27, 2024 (GLOBE NEWSWIRE) -- According to industry estimates, US$ 40.7 billion was the global value of the toughened glass industry (強化ガラス産業) in 2023. The market is forecasted to increase at a CAGR of 7.4% from 2024 to 2034, reaching US$ 94.6 billion. single glazed toughened glass
Energy-efficient building materials, like toughened glass, are becoming increasingly popular as environmental awareness and green building standards rise. By allowing natural light to penetrate, toughened glass contributes to energy savings and can help you meet your sustainability goals by reducing the need for artificial lighting and heating.
Regulatory agencies and building codes in a number of countries require safety glass, including toughened glass, to be used in specific applications to improve safety standards. Adherence to these rules drives the need for toughened glass.
A growing concern about the environment may lead to changes in manufacturing practices and the use of recyclable materials in the glass industry. Investing in sustainable processes may help manufacturers of toughened glass meet consumer demands for greener products.
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Toughened glass can be combined with smart glass technologies like electrochromic and thermochromic glass to enhance energy efficiency and dynamic performance for cars and buildings. Through this integration, market expansion could be boosted by the growing demand for smart features.
Key Findings of Market Report
Global Toughened Glass Market: Growth Drivers
Global Toughened Glass Market: Regional Landscape
Global Toughened Glass Market (tempered glass market): Competitive Landscape
Architectural exteriors are made energy-efficient with toughened glass from major players. Their research also focuses on the development of structurally resilient noise reduction solutions.
A rise in demand for toughened glass has prompted key players within the toughened glass market landscape to expand processing and toughening facilities. A significant amount of research and development is being invested in products that can improve the energy efficiency and daylighting parameters of buildings.
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Global Toughened Glass Market: Segmentation
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