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Impact Resistant Glass Market Size

Report ID: GMI7381
Published Date: Nov 2023
Report Format: PDF

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Impact Resistant Glass Market Size

Impact Resistant Glass Market was valued at around USD 27.1 Billion in 2022 and is projected to grow at a CAGR of over 7.4% between 2023 and 2032. Impact-resistant glass, often referred to as safety glass, is a specialized type of glass designed to withstand external forces and blunt impact without shattering into sharp shards. It typically consists of multiple layers, such as Polyvinyl Butyral (PVB) interlayers, which hold the glass together upon impact

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The growth of the impact-resistant glass market is driven by increasing safety and security concerns in the construction and automotive industries, where it is used to protect against break-ins, natural disasters, and accidents. Additionally, growing urbanization and infrastructure development have fueled the demand for impact-resistant glass in buildings and vehicles, further contributing to its market expansion.

Impact Resistant Glass Market Report Attributes
Report Attribute	Details
Base Year:	2022
Impact Resistant Glass Market Size in 2022:	USD 27.1 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.4%
2032 Value Projection:	USD 55.1 Billion
Historical Data for:	2018 – 2022
No. of Pages:	180
Tables, Charts & Figures:	136
Segments covered:	Interlayer, End user industry and Region
Growth Drivers:	Increasing concerns for safety and security Urbanization and Infrastructure Development Stringent Building Codes and Regulations
Pitfalls & Challenges:	Installation Challenges

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Installation challenges in the impact-resistant glass industry arise from the complexity and time-consuming nature of fitting this specialized glass, often resulting in increased labor costs. Retrofitting existing structures with impact-resistant glass can be particularly demanding, as it necessitates significant adjustments to accommodate the glass's unique properties. These challenges underscore the need for skilled labor and precise installation techniques, which can potentially add to project expenses and create obstacles when upgrading older buildings or vehicles to meet modern safety standards.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for impact resistant glass was valued at around USD 27.1 Billion in 2022 and is estimated to reach USD 55.1 Billion by the end of 2032, backed by the increasing safety and security concerns in the construction and automotive industries, where it is used to protect against break-ins, natural disasters, and accidents.

Construction and Infrastructure segment held a dominant market share of around 60% in 2022 and is expected to grow at a lucrative pace by 2032 owing to a rising emphasis on passenger safety, along with government regulations mandating the use of impact-resistant glass in vehicles.

U.S. impact resistant glass industry revenue was USD 6.5 Billion in 2022 and is anticipated to expand at a significant pace from 2023-2032 attributed to the increasing focus on safety and security across residential and commercial construction projects in the country.

Saint-Gobain, AGC, Nippon Sheet Glass, Guardian Industries, Fuyao Glass Industry Group, Corning, SCHOTT, Pilkington, Central Glass Company, Sekurit, Cardinal Glass, Vitro, CGS Holding, Xinyi Glass, and Qingdao Kangdeli Industrial.