According to the research report titled ‘Global Advanced Glass Market 2019-2028, available with Market Study Report, global advanced glass market is projected to register a y-o-y growth rate of 5.14% (by revenue) and 4.36% (by volume) during 2019-2028.
 

Rapid urbanization and growing construction industry are the major growth drivers of global advanced glass market. Moreover, escalating product demand for from end-user industries are enhancing the industry outlook.
 

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Further, availability of a variety of designs in advanced glass along with favorable rules and regulations set by government are generating lucrative opportunities for business expansion, claims the study.
 

However, fluctuating prices of raw materials, limited resources for infrastructural development in developing countries, and impact of glass production on environment are restraining the growth of worldwide advanced glass market development.
 

Based on function, the industry is segmented into safety & security, optics and lighting, solar control and high performance among others.  Speaking of the product type, the marketplace is divided into laminated glass, toughened glass, coated glass and ceramic glass including others. Moving on to the end user spectrum, the industry space is classified into building & construction, electronics, automotive, aerospace & defense, optical and sports & leisure including others.
 

Considering the geographical analysis, the industry is fragmented into North America, Latin America, Middle East & Africa, Europe, and Asia-Pacific.
 

As stated in the report Asia-Pacific market is likely to showcase remunerative growth trends over the forecast period, owing to rising industrialization and urbanization, and subsequent surge in the number constructional activities, especially in emerging economies like India, China, Japan and South Korea. Besides, increasing adoption of glass by transportation industry, rising spending capacity of consumers, along with technological advancements further augmenting the market outlook in the Asia-Pacific region.
 

Leading players in worldwide advanced glass industry are Gentex Corporation, Tyneside Safety Glass Co Ltd, ?i?ecam Group, Compagnie de Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., HuiHua Glass Co Ltd., Fuyao Glass Industry Group Co. Ltd., Corning Incorporated, Asahi Glass Co. Ltd. (AGC Inc), Advanced Glass & Mirror Inc., Sherwin-Williams Company, Pilkington Group Ltd., Guardian Industries, Xinyi Glass Holdings Ltd., and PPG Industries Inc.