PDF Cover

Advanced Glass Market

Advanced Glass Market

The market for Advanced Glass was estimated at $60.50 billion in 2024; it is anticipated to increase to $92.3 billion by 2030, with projections indicating growth to around $131 billion by 2035.

Report ID:DS1310013
Author:Vineet Pandey - Business Consultant
Published Date:December 2024
Share
Report Summary
Table of Contents
Methodology
Market Data

Global Advanced Glass Market Outlook

Revenue, 2024 (US$B)

$60.5B

Forecast, 2034 (US$B)

$122B

CAGR, 2024 - 2034

7.3%
The Advanced Glass industry revenue is expected to be around $64.9 billion in 2025 and expected to showcase growth with 7.3% CAGR between 2025 and 2034. It symbolizes the blend of cutting edge technology and materials science that is poised to transform a range of industries. The impact of this innovation isnt limited to one field but extends across sectors like construction, automotive, aviation and electronics solidifying its widespread presence and importance, in the market.

Advanced Glass is making an impression in the market as a symbol of strength and adaptability with its thermal resistance and enhanced durability features that meet the changing needs of both consumers and businesses alike. there has been an increase in the demand for energy efficient and smart glass technologies, in the industry which has placed Advanced Glass at the forefront of this significant trend.

advanced glass market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034

Market Key Insights

  • The Advanced Glass market is projected to grow from $60.5 billion in 2024 to $122 billion in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Energy-efficient Windows, Automotive Windshields and Smartphones and Tablet Screens.
  • Saint-Gobain, Asahi Glass Co, Nippon Sheet Glass Co. Ltd are among the leading players in this market, shaping its competitive landscape.
  • U.S. and Germany are the top markets within the Advanced Glass market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
  • Emerging markets including Vietnam, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
  • Transition like Shift Toward Energy Efficiency is expected to add $8.8 billion to the Advanced Glass market growth by 2030
  • The Advanced Glass market is set to add $61.9 billion between 2024 and 2034, with manufacturer targeting Coated Glass & Toughened Glass Product Type projected to gain a larger market share.
  • With Rising demand in construction sector, and Technological innovations in manufacturing, Advanced Glass market to expand 102% between 2024 and 2034.
advanced glass market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032

Opportunities in the Advanced Glass

Enhanced types of glasses are becoming increasingly popular in the sector for applications like windshields and side windows to enhance safety and durability features like smart glasses are paving the way for growth opportunities, in this industry.

Growth Opportunities in North America and Europe

North America Outlook

The United States has a presence in the advanced glass market in North America because of its booming construction industry and strict energy efficiency rules that create a need for top notch advanced glass products The area is known for having big players in the market competing fiercely and always coming up with new technologies The market has great potential for growth thanks to trends like urbanization and a focus, on eco friendly building practices that support the use of advanced glass products

Europe Outlook

In Europe's advanced glass market is experiencing growth due to the high demand for advanced glass in automobile manufacturing and the push for energy efficient buildings according to regulatory standards which is leading to market expansion with companies facing increased competition and ample opportunities, for innovation.

Market Dynamics and Supply Chain

01

Driver: Rising Demand in Construction Sector, and Stringent Energy Efficiency Regulations

The construction industry worldwide is also increasingly adopting glass for its various advantages such as saving energy and reducing noise while also enhancing the aesthetics of buildings. This growing need comes from areas as well, as commercial and infrastructure sectors where the use of glass improves natural light intake and visual attractiveness while promoting energy efficiency. Around the globe regulators are also implementing energy efficiency standards to lessen the environmental effects being experienced. Advanced Glass has also emerged as a solution due to its superior energy efficiency levels leading to increased use, in various industries.
The ongoing advancements in glass production technologies are also playing a role in driving the growth of the Advanced Glass industry as well The introduction of smart glass self cleaning glass and solar control glass have also played a key role, in attracting more consumers to the market by providing improved features and benefits.
02

Restraint: High Production Costs

The advanced glass industry is facing a struggle due to the costs involved in production processes and sourcing raw materials necessary for manufacturing advanced glass products brings about substantial expenses too. Moreover the manufacturing of types of advanced glass requires specialized machinery contributing to additional costs. This presents a hurdle, to the markets expansion as it impacts the product pricing directly potentially discouraging price conscious consumers.
03

Opportunity: Healthcare Sector and Green Architecture

The recent global health crisis has highlighted the significance of utilizing high tech glass in the field due to its antimicrobial features. High tech glasses are now being implemented in healthcare environments such as research facilities and surgical suites. This untapped use of advanced glass within medical facilities holds great promise, for expanding market opportunities.
Glass with properties is now playing a key role in environmentally conscious architecture and sustainable construction projects due to its improved thermal efficiency and ability to diffuse natural light while enhancing aesthetics The rise of eco friendly building practices is creating a promising growth prospect, for the advanced glass industry.
04

Challenge: Strict Environmental Regulations

The production of glass at a level consumes a lot of energy and leads to the release of a large amount of CO₂ into the atmosphere. Given the emphasis on protecting the environment through stringent regulations companies, in this sector are operating in a highly regulated environment. To meet these regulations businesses may need to modify their production methods or invest in new equipment to lower their carbon footprint.

Supply Chain Landscape

1
Raw Material Providers

Saint-Gobain

Asahi Glass Co

2
Glass Manufacturing

Corning Inc.

AGC Inc

3
Glass Processing

Guardian Glass

Nippon Sheet Glass

4
End Users

Automotive Industry

Construction Industry

Electronics Industry

*The illustration highlights the key stakeholders within the supply chain ecosystem.

Applications of Advanced Glass in Energy-efficient Windows, Automotive Windshields & Smartphones & Tablet Screens

Energy-efficient Windows

Advanced Glass is commonly used in creating energy windows by incorporating multiple layers or low emissivity coatings to reduce energy loss and cut down on heating and cooling expenses significantly. Leading companies such, as Saint Gobain and AGC Glass have excelled in this market sector by enhancing their products to enhance both energy efficiency and visual attractiveness.

Automotive Windshields

Modern automotive windshields rely heavily on Glass for enhanced safety and visibility due to its durability and ability to withstand impacts effectively. Leading companies like Corning Incorporated and NSG Group utilize glass technology to produce windshields that not only meet safety standards but also improve the overall driving experience, for users.

Smartphones and Tablet Screens

Advanced glass is commonly utilized in creating scratch resistant displays for smartphones and tablets with a key focus on clear visual quality and long lasting durability as its standout features of appeal to consumers and manufacturers alike in the tech industry market leaders like Apple and Samsung incorporate cutting edge glass technologies such as Cornings Gorilla Glass in their upscale devices which establishes a benchmark for screen quality, within the sector.

Recent Developments

December 2024

Corning Incorporated has introduced a range of cutting edge glass products aimed at the automotive and architectural industries. Their newest products boast enhanced features such, as increased durability and energy efficiency which are steering the market towards sustainable options.

October 2024

AGC Inc. announced its breakthrough in advanced glass technology with the introduction of a chemically-strengthened glass with scratch resistance and superior optical clarity. This development is anticipated to spur growth in the electronics market, specifically in the smartphone and tablet segment

Lately in the specialty glass industry thereve been changes at Advanced Glass due to tech progress and rule adjustments that are stirring things up a bit! One major shift worth mentioning is the rise of glass tech that combines cool features like self cleaning ability and energy efficiency, with adjustable transparency levels.

Impact of Industry Transitions on the Advanced Glass Market

As a core segment of the Specialty Materials industry, the Advanced Glass market develops in line with broader industry shifts. Over recent years, transitions such as Shift Toward Energy Efficiency and Advancement in Glass Technology have redefined priorities across the Specialty Materials sector, influencing how the Advanced Glass market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

Shift Toward Energy Efficiency

The increasing worries about the environment and the resulting regulations are causing a transformation in the Advanced Glass industry sector. This shift is accompanied by a rising need for glass products that save energy effectively by reducing energy usage in structures, cars and devices. Companies in this sector are under pressure to create improved products that provide excellent thermal insulation and control of solar radiation. This move, towards energy options is fundamentally altering the industry landscape and product requirements. This industry transition is expected to add $8.8 billion in the industry revenue between 2024 and 2030.
02

Advancement in Glass Technology

The market for glass is currently undergoing rapid changes as technology continues to advance quickly. There is a growing trend in the use of glass technologies that provide advantages such, as reducing glare and improving energy efficiency and privacy.

Related Reports

Loading related reports...