Advanced Glass Market (2023 To 2030) Size, Share & Trends Analysis ReportBy Function Type (Safety & Security, Solar Control, Optics & Lighting, High Performance, Others), By End-users, By Region, And Segment Forecasts

Advanced glass is a specialized grade of glass. Advanced glasses have unique properties and versatility in various applications. Advanced glass is specially designed or modified to enhance its mechanical, optical, or thermal properties. The market for advanced glass is driven by the growing demand for high-performance materials in electronics, sports, construction, automotive, aerospace & defense, healthcare, and other industries.

One of the major factors driving the growth of the advanced glass market is the increasing demand for energy-efficient solutions. Advanced glass, such as Low-E glass, has excellent thermal insulation properties that can significantly reduce the energy consumption of buildings by reducing the need for heating and cooling. This type of glass is prevalent in the construction industry. It is used in windows, doors, and skylights. The infrastructure industry is also one of the significant markets for advanced glass. According to The World Bank, Asia Pacific is the largest region in the infrastructure. Different countries’ governments and organizations play a vital role in this development. For instance, in April 2023 the Asian Infrastructure Investment Bank (AIIB) signed a loan agreement of USD 153.96 million with Fraport TAV Antalya (FTA) to enhance airport services and travel alternatives.

Another factor contributing to the growth of the advanced glass market is the increasing use of smart glass technology. Smart glass is a type of advanced glass that can change its transparency or color in response to external conditions, such as light or heat. This technology is used in a various applications, such as mirrors, windows, and displays. Smart glass is popular in the automotive industry and used in sunroofs and side windows.

The healthcare industry is another industry where advanced glass is gaining popularity. Glasses are widely used in medical equipment and devices, and advanced glass with unique properties, such as antimicrobial coatings, is becoming increasingly popular in hospitals and other healthcare facilities.

Asia Pacific is a rapidly growing market for advanced glass due to the growing construction industry and increasing urbanization. Also, North America is a significant market for advanced glass due to the presence of prominent market players and the increased demand for sustainable construction solutions in the region.

Advanced Glass Market Segmentation

• By Function Type

  • Safety & Security

  • Solar Control

  • Optics & Lighting

  • High Performance

  • Others

• By Product Type

  • Coated Glass

  • Laminated Glass

  • Toughened Glass

  • Ceramic Glass

  • Others

• By End-Use Industry

  • Building & Construction

  • Aerospace & Defense

  • Automotive

  • Electronics

  • Sports & Leisure

  • Healthcare

  • Optical

  • Other

• Key players

  • PPG Industries, Inc.

  • AGC Inc.

  • Corning Incorporated

  • Nippon Sheet Glass Co., Ltd.

  • Guardian Industries

  • Sisecam

  • Xinyi Glass Holdings Limited.

  • Fuyao Glass Industry Group Co., Ltd.

  • GENTEX CORPORATION

  • Advanced Glass & Mirror Inc.

  • Huihua Glass Co. Limited,

  • Tyneside Safety Glass