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Allied Market Research

Technical Glass Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Jun 2021 | 152 Views
 
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Technical Glass Market Analysis 2020-2027:

Technical glass is an omnipresent material and an umbrella term for a huge variety of glasses with their own distinct chemical and physical properties, such as enhanced chemical resistance, thermal expansion rate, optical transmission, and mechanical strength. It is a type of engineered glass used in a wide spectrum of architectural and structural applications in a range of end-use industries. Technical glasses are used as a raw material in many end-use applications and are constantly evolving. Often technical glasses are used in combination with other high-tech materials for high-tech end use.

Market scope and structure analysis

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Material Type, Application, Form, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa

  Companies covered

Guardian Industries, Allegion plc, Asahi Glass Co., Ltd., Corning Inc., Saint-Gobain Company, Schott AG, TAIWAN GLASS IND. CORP., Heraeus Holding, Nippon Sheet Glass Co., Ltd, Flat Glass Group Co., Ltd., Borosil Glass Works Ltd., Nippon Electric Glass Co., Ltd, and Jhonson Matthey

 

COVID-19 impact analysis

The growth of the global technical glass market is majorly driven by development of the consumer electronics and construction industry. However, both of these sectors are worst affected in terms of growth by the emergence of COVID-19 situation. Electronics as well as construction industry have refrained their operation a as a part of nationwide lockdown to stop the spread of coronavirus. Consequently, tremendous downfall in terms of demand has reported in the global technical glass market. The supply side is further disturbed in response to stringent regulations on industrial manufacturing sector.    

Top impacting factors: market scenario analysis, trends, and drivers

The global technical glass market is in its growing phase, and is expected to be heading toward growth stabilization phase over the coming years. Technical glass is known for its properties that favor its use in various a range of end-use industries. Therefore, surge in adoption of technical glass in end-use industries is the primary factor bolstering the global market growth. Fabricated structures of technical glass have been gaining significant popularity in the retail, institutional, and office sectors. Therefore, market players across the globe are coming up with products capable of delivering better performance and versatility. This is, in turn, favoring demand for some of the specific technical glass product types, including alkali-lead silicate technical glass and soda lime glass.

The constructing industry is emerging as a vital consumer in this market, due to strong demand generated for technical glass. Technical glass is witnessing massive adoption for specific uses in this industry such as new designs in canopy systems, window system, and curtain wall system. In addition, increase in use of technical glass for manufacturing specialized glass such as fire-rated glass is another significant factor boosting the market.  Trend for recycled technical is expected to offer new growth opportunities to this market in the coming years.     

Key segments covered

Segment

Subsegment

  Material Type

  • Borosilicate Glass
  • Aluminosilicate Glass
  • Aluminoborosilicate Glass
  • Soda-Lime Glass
  • Alkali-lead Silicate Glass
  • Ceramic Glass

  Application

  • Laboratories & Pharmaceuticals
  • Architectural Design
  • Electronic Devices
  • Lightening
  • Home & Commercial Appliances

  Form

  • Flat Glass
  • Thin Glass
  • Tubes & Rods
  • Glass Powder
  • Hollow Glass

 

Key benefits of the report

  • This study presents the analytical depiction of the global technical glass market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global technical glass market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global technical glass market research report:

  • Which are the leading players active in the global technical glass market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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