Laminated Glass Market Trends, Growth & Industry Analysis - 2028

Laminated Glass Market Forecast to 2028 - COVID-19 Impact and Global 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)

  • Report Code : TIPRE00006423
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 147
Buy Now

The laminated glass market is projected to reach US$ 32.10 billion by 2028 from US$ 20.76 billion in 2021 it is expected to grow at a CAGR of 6.4% from 2021 to 2028.

Laminated glass is prepared by applying pressure and heat to multiple layers of heat-strengthened or tempered glass. The laminated glass is separated by an interlayer. The interlayer helps in holding the glass fragments together when hit with an impact. The glass has wide applications in industries such as building and construction, automotive, and electronics.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Laminated Glass Market: Strategic Insights

Market Size Value inUS$ 20.76 billion in 2021
Market Size Value byUS$ 32.10 billion by 2028
Growth rateCAGR of 6.4% from 2021 to 2028
Forecast Period2021-2028
Base Year2021
Analyst Image


Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

In 2020, Asia Pacific held the largest revenue share of the global laminated glass market. The growing number of residential and commercial construction projects is the major factor contributing to the growth of the market in this region. The consequent growth of the construction industry is fueling the demand for laminated glass in the region. Moreover, Asia Pacific has a dominant automotive industry, and it records the highest production of vehicles among all regions. The laminated glass is extensively used in windshield covers in the automotive industry, which creates favorable business opportunities for laminated glass manufacturers.

Impact of COVID-19 Pandemic on Laminated Glass Market

The COVID-19 pandemic had affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The chemical and materials industry was one of the major industries that suffered serious consequences such as disruptions in supply chains and shutdowns of production plants. The laminated glass market shortfall is expected to last until 2021, causing disruptions in various businesses. Further, many factories and manufacturers had to suspend or slow down glass production, making it exceedingly difficult to satisfy current demands. The building industry has been the major victim of the glass scarcity. During the shutdown, residents invested both time and money in rebuilding or remodeling their homes, propelling the demand for materials. Moreover, due to difficulties in procuring glass, the laminated glass business has suffered a significant setback. Thus, a low demand from end-user industries during the COVID-19 pandemic has led to slowdown in the growth of the laminated glass market.

Global Laminated Glass Market Breakdown –by Region

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Market Insights

Increasing Application in Building & Construction Industry Fuels Laminated Glass Market Growth

The demand for laminated glass in the building & construction industry has gained significant momentum due to increasing use of glass as a structural element and the preference for more creative architecture designs. The use of glass as a structural element in mainstream building projects is becoming more popular. Laminated glass finds extensive use in various interior and exterior applications in the building & construction industry. Moreover, it adds to the safety and durability of modern designs. The need to keep homes and commercial buildings safe has fueled the demand for safety glass and other glazing products.

Application Insights

Based on application, the global laminated glass market is segmented into building and construction, automotive, electronics, solar panels, and others. The building & construction segment held the largest share of the market in 2020. Laminated glass is widely used in residential and commercial buildings due to its strength and shatterproof nature. The laminated glass is increasingly used at hotels, airport terminals, and recording studios due to its noise-insulation properties. The growth in building & construction industry, especially in emerging regions such as Asia-Pacific, is likely to boost the demand for laminated glass in the coming years.

Laminated Glass Market, by Application – 2020 and 2028

Laminated Glass Market, by Application – 2020 and 2028
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

A few of the key market players in the global laminated glass market include Asahi India Glass Limited; Cardinal Glass Industries, Inc.; Central Glass Co., Ltd.; Fuyao Group; Guardian Glass Llc; Press Glass Sa; Saint Gobain SA; Schott Ag; Taiwan Glass Group; and Xinyi Glass Holdings Limited. Players operating in the market are highly focused on the development of high-quality and innovative product offerings to fulfil the customer’s requirements.

Report Spotlights

  • Progressive industry trends in the laminated glass market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the laminated glass market from 2019 to 2028
  • Estimation of global demand for laminated glass
  • Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the laminated glass market
  • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the laminated glass market size at various nodes
  • Detailed overview and segmentation of the market, as well as the laminated glass industry dynamics
  • Size of the laminated glass market in various regions with promising growth opportunities

Laminated Glass Market Segmentation:

Material Type

  • Polyvinyl Butyral
  • Ethyl Vinyl Acetate
  • Ionoplast Polymer
  • Aliphatic TPU
  • Others


  • Building and Construction
  • Automotive
  • Electronics
  • Solar Panels
  • Others

Company Profiles

  • Asahi India Glass Limited
  • Cardinal Glass Industries, Inc.
  • Central Glass Co., Ltd.
  • Fuyao Group
  • Guardian Glass Llc
  • Press Glass Sa
  • Saint Gobain SA
  • Schott Ag
  • Taiwan Glass Group
  • Xinyi Glass Holdings Limited.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Material Type and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions

Can you list some of the major players operating in the global laminated glass market?

The major players operating in the global laminated glass market are Asahi India Glass Limited, Cardinal Glass Industries, Central Glass Co., Ltd., Fuyao Group, Guardian Glass LLC, PRESS GLASS SA, Saint-Gobain, Schott AG, Taiwan Glass Ind. Corp, and Xinyi Glass Holdings Co., Ltd.

In 2020, which region held the largest share of the global laminated glass market?

In 2020, Asia Pacific accounted for the largest share of the global laminated glass market. Rapid development in construction & automotive industry has propelled the demand of laminated glass in the region. In addition, growing investments by governments in infrastructural development projects such as airports, and public transit systems is driving the demand for laminated glass in Asia Pacific region.

Which category segment accounted for the largest share in the global laminated glass market?

In 2020, the polyvinyl butyral (PVB) segment accounted for the largest market share. The growth of the segment is primarily attributed to its tough and ductile interlayers which makes it an excellent sound insulator. The PVB interlayer joins with both layers of the glass and holds it together to produce one strong and uniform layer. As the bond between the PVB sheet and the glass is a chemical bond, it does not shatter easily. Thus, wide scope application in automotive industry for windshields applications, PVB segment is augmenting the market growth.

Which application segment is the fastest growing in the global laminated glass market?

On the basis of application, automotive segment is the fastest growing segment. Laminated glass is most widely used in car windshields in the automotive industry. It provides various advantageous features such as high strength, soundproofing, resistance to shattering, and security. As laminated glass does not shatter, it minimizes the risk of cuts and injuries and ensures the safety of the driver and passengers. Thus, growing adoption of laminated glass in the automotive industry is projected to drive the market growth over the forecast period.

In 2020, which country held the largest market share in global laminated glass market?

In 2020, China held the largest market share in the global laminated glass market. China is the world’s largest vehicle market across the globe, as per the International Trade Administration (ITA). The Chinese government has taken several initiatives for automobile manufacturers for augmenting the production capacity of the country to 35 million by 2025. The growing prospects of construction industry in China is further fueling the market growth. For instance, in 2019, the government of China had invested US$ 1.9 billion in 13 public housing projects. Thus, increasing construction activities and automotive production is anticipated to propel the laminated glass market in China in the coming years.

What is the key driver for the growth of the global laminated glass market?

Increasing usage of laminated glass in building & construction industry along with associated advantages of laminated glass are the key factors driving the market growth over the forecast period. With the increasing use of glass as a structural element and the preference for more creative architecture designs, the demand for laminated glass in the building & construction industry has gained significant momentum. The laminated glass has various advantageous features which includes safety, security, reduced noise pollution, reduced emissions, UV control, durability, weather/natural disasters protection, and design versatility. Thus, growing prospectus in constructing modern buildings and structures coupled with its beneficial advantages drives the laminated glass market over the forecast period.

The List of Companies - Laminated Glass Market

  1. Asahi India Glass Limited
  3. Central Glass Co., Ltd
  4. Fuyao Group
  9. Taiwan Glass Group
  10. Xinyi Glass Holdings Limited

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Laminated Glass Market