The global tempered glass market size is expected to grow from $53.05 billion in 2021 to $56.42 billion in 2022 at a compound annual growth rate (CAGR) of 6.35%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global tempered glass market size is expected to reach $76.93 billion in 2026 at a CAGR of 8.06%.
What is the Global Tempered Glass Market?
The tempered glass market consists of sales of tempered glass by entities (organizations, sole proprietors, partnerships) which is also commonly known as toughened glass. Tempered glass is an extremely strong glass that is about four times stronger than normal or annealed glass. It is made by thermally treating annealed glass to induce compressive stresses of 11000-20000 psi on the surface and edge compression of not less than 9700 psi. Tempered glass is widely used in modern architecture due to its strength and safety properties.
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What drives the Global Tempered Glass Market?
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 highly used screen protection technology over the years due to its high quality, and multi-layered, shock-absorbent properties. 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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Global Tempered Glass Market Segments
The global tempered glass market is segmented:
By Shape: Flat Tempered Glass, Bent Tempered Glass
By Type: Plain Glass, Colored Glass
By End-Use Industry: Automotive, Construction, Electrical and Electronics, Others
By Geography: The regions covered in the air cargo services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Tempered Glass Global Market Report 2022provides market size and growth forecasts for the global tempered glass market, global tempered glass market share, tempered glass market segments and geographies, tempered glass market competitive landscape including leading competitors’ revenues, profiles and market shares. The tempered glass market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Tempered Glass Industry Playersinclude Saint-Gobain, Dlubak Specialty Glass Corporation, Guardian Industries, NSG Group, Asahi Glass Company (AGC). Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
