Asia Pacific Laminated Glass Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material Type (Polyvinyl Butyral, Ethyl Vinyl Acetate, Ionoplast Polymer, Aliphatic TPU, and Others) and Application (Building and Construction, Automotive, Electronics, Solar Panels, and Others)
Market Introduction
The Asia Pacific laminated glass market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The use of glass as a structural element in mainstream building projects is becoming more popular. Nowadays, interior elements include more glass than ever before, creating substantial demand for laminated glass. Laminated glass finds extensive application various interior and exterior applications in the building & construction industry, such as railing and handrail, floor, partition, interior door and front door, indoor or outdoor signage, and frontage. Laminated glass is quite suitable in creating a modern and comfortable interior space. It also helps in designing spaces that are bright, spacious, and safe at the same time. All these factors are boosting the demand for laminated glass across the region. Furthermore, the need for complex glazing solutions in modern architectural designs has increased the demand for laminated glass as it supports creativity by bringing innovation to buildings and structures. Several emerging economies are focusing on constructing modern buildings and structures, creating a requirement for modern equipment and, in turn, aiding the growth of the Asia Pacific laminated glass market.
The governments of Asia Pacific countries are taking possible steps to reduce the effects of COVID-19 by announcing lockdown, which is impacting the revenue generated by the market. The emergence of new COVID-19 waves in India, Thailand, and other Asian economies has prolonged the effect upon GDP. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of Asia Pacific. However, the uncertainty regarding the future outbreak, especially in countries such as India and a few other Asian countries, has altered the status of several industrial sectors. The governments of various Asia Pacific economies are taking possible steps to restrict the spread of the virus by announcing country-wide lockdown, which has a direct impact upon the growth of industrial sectors. This may impact the demand for laminated glass.
Market Overview and Dynamics
The laminated glass market in Asia Pacific is expected to grow from US$ 8,855.92 million in 2021 to US$ 15,149.74 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. Glass manufacturers strive to develop improved solutions to suit the demand for safer glazing products for various applications. Players in this market are focusing on providing innovative products in response to an ever-increasing demand for laminated glass. There have been advancements in interlayers over time to expand the overall performance of laminated glass. Market players are focusing actively on developing interlayers that provide exciting features, such as enhanced mechanical properties and better acoustic performance. For instance, in 2019, Trosifol launched the next generation of its SentryGlas ionoplast interlayer. The new product, SentryGlas Xtra, improves lamination processing efficiency and removes a number of the processing requirements placed on laminators.
Key Market Segments
Based on material type, the polyvinyl butyral segment accounted for the largest share of the Asia Pacific laminated glass market in 2020. Based on application, the building and construction segment accounted for the largest share of the Asia Pacific laminated glass market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific laminated glass market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include Asahi India Glass Limited; Central Glass Co., Ltd.; Fuyao Group; Guardian Glass LLC.; SCHOTT AG; Saint Gobain S.A.; Taiwan Glass Group and Xinyi Glass Holdings Limited.
Reasons to buy report
- To understand the Asia Pacific laminated glass market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific laminated glass market
- Efficiently plan M&A and partnership deals in Asia Pacific laminated glass market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific laminated glass market
- Obtain market revenue forecast for market by various segments from 2019-2028 in Asia Pacific region.
Asia Pacific Laminated Glass Market Segmentation
Asia Pacific Laminated Glass Market – By Material Type
- Polyvinyl Butyral
- Ethyl Vinyl Acetate
- Ionoplast Polymer
- Aliphatic TPU
- Others
Asia Pacific Laminated Glass Market – By Application
- Building and Construction
- Automotive
- Electronics
- Solar Panels
- Others
Asia Pacific Laminated Glass Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Asia Pacific Laminated Glass Market – Company Profiles
- Asahi India Glass Limited
- Central Glass Co., Ltd.
- Fuyao Group
- Guardian Glass LLC
- SCHOTT AG
- Saint Gobain S.A.
- Taiwan Glass Group
- Xinyi Glass Holdings Limited
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Laminated Glass Market, by Material
1.3.2 Laminated Glass Market, by Application
1.3.3 Laminated Glass Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Asia Pacific Laminated Glass Market Landscape
4.1 Market Overview
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Laminated Glass Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Widescale Application in Building & Construction Industry
5.1.2 Benefits Offered by Laminated Glass
5.2 Market Restraints
5.2.1 High Price of Laminated Glass
5.3 Market Opportunities
5.3.1 Usage of Bulletproof Laminated Glass
5.4 Future Trends
5.4.1 Innovative Product Development
5.5 Impact Analysis of Drivers and Restraints
6. Laminated Glass – Asia Pacific Market Analysis
6.1 Laminated Glass Market Overview
6.2 Laminated Glass Market –Revenue and Forecast to 2028 (US$ Mn)
7. Asia Pacific Laminated Glass Market Analysis – By Material Type
7.1 Overview
7.2 Laminated Glass Market, By Material Type (2020 and 2028)
7.3 Polyvinyl Butyral
7.3.1 Overview
7.3.2 Polyvinyl Butyral: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Ethyl Vinyl Acetate
7.4.1 Overview
7.4.2 Ethyl Vinyl Acetate: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Ionoplast Polymer:
7.5.1 Overview
7.5.2 Ionoplast Polymer: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Aliphatic TPU:
7.6.1 Overview
7.6.2 Aliphatic TPU: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
7.7 Others:
7.7.1 Overview
7.7.2 Others: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
8. Asia Pacific Laminated Glass Market Analysis – By Application
8.1 Overview
8.2 Laminated Glass Market, By Application (2020 and 2028)
8.3 Building and Construction
8.3.1 Overview
8.3.2 Building and Construction: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Automotive
8.4.1 Overview
8.4.2 Automotive: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Electronics
8.5.1 Overview
8.5.2 Electronics: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Solar Panels
8.6.1 Overview
8.6.2 Solar Panels: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
9. Asia Pacific Laminated Glass Market – Country Analysis
9.1 Asia Pacific: Laminated Glass Market
9.1.1 Asia Pacific: Laminated glass Market, by Key Country
9.1.1.1 Australia: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Laminated Glass Market, By Material Type
9.1.1.1.2 Australia: Laminated Glass Market, by Application
9.1.1.2 China: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Laminated Glass Market, By Material Type
9.1.1.2.2 China: Laminated Glass Market, by Application
9.1.1.3 India: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Laminated Glass Market, By Material Type
9.1.1.3.2 India: Laminated Glass Market, by Application
9.1.1.4 Japan: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Laminated Glass Market, By Material Type
9.1.1.4.2 Japan: Laminated Glass Market, by Application
9.1.1.5 South Korea: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Laminated Glass Market, By Material Type
9.1.1.5.2 South Korea: Laminated Glass Market, by Application
9.1.1.6 Rest of Asia Pacific: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Asia Pacific: Laminated Glass Market, By Material Type
9.1.1.6.2 Rest of Asia Pacific: Laminated Glass Market, by Application
10. Impact of COVID-19 ON South America Laminated Glass Market
10.1 Overview – Impact of COVID-19
10.2 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Mergers and Acquisitions
11.3 Agreements, Collaborations and Joint Ventures
11.4 New Product Launches
11.5 Expansions and Other Strategic Developments
12. Company Profiles
12.1 Asahi India Glass Limited
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Central Glass Co., Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Fuyao Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Guardian Glass LLC.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SCHOTT AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Saint Gobain S.A.
12.6.1 Key Facts
12.6.2 1Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Taiwan Glass Group
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Xinyi Glass Holdings Limited
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Laminated Glass Market –Revenue and Forecast to 2028 (US$ Mn)
Table 2. Australia Laminated Glass Market, By Material Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Laminated Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. China Laminated Glass Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. China Laminated Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. India Laminated Glass Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. India Laminated Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Japan Laminated Glass Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan Laminated Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea Laminated Glass Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. South Korea Laminated Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Asia Pacific Laminated Glass Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Asia Pacific Laminated Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, Asia Pacific Laminated Glass Market
LIST OF FIGURES
Figure 1. Laminated Glass Market Segmentation
Figure 2. Laminated Glass Market Segmentation – By Country
Figure 3. Asia Pacific Laminated Glass Market Overview
Figure 4. Building & Construction Laminated Glass Market, By Application
Figure 5. Asia Pacific Laminated Glass Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Laminated Glass Market - Ecosystem
Figure 8. Expert Opinion
Figure 9. Laminated Glass Market Impact Analysis of Driver and Restraints
Figure 10. Laminated Glass Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 11. Laminated Glass Market Revenue Share, By Material Type (2020 and 2028)
Figure 12. Polyvinyl Butyral: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Ethyl Vinyl Acetate: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Ionoplast Polymer: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Aliphatic TPU: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Others: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Laminated Glass Market Revenue Share, By Application (2020 and 2028)
Figure 18. Building and Construction: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Automotive: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Electronics: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Solar Panels: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Others: Laminated Glass Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Asia Pacific: Laminated Glass Market, by Key Country – Revenue (2020) (US$ Million)
Figure 24. Asia Pacific: Laminated glass Market Revenue Share, by Key Country (2020 and 2028)
Figure 25. Australia: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 26. China: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. India: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. Japan: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. South Korea: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of Asia Pacific: Laminated Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic on Laminated glass Market in Asia Pacific
- Asahi India Glass Limited
- Central Glass Co., Ltd.
- Fuyao Group
- Guardian Glass LLC
- SCHOTT AG
- Saint Gobain S.A.
- Taiwan Glass Group
- Xinyi Glass Holdings Limited
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific laminated glass market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific laminated glass market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific laminated glass market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution