HOME Research Insight AGC (Japan) and Saint–Gobain (France) are the Key Players in the Laminated Glass Market

AGC (Japan) and Saint–Gobain (France) are the Key Players in the Laminated Glass Market

The global laminated glass market is projected to grow at a CAGR of 6.02% from 2017 to 2022, in terms of value. Growing infrastructural development in emerging economies, such as China, India, Brazil Malaysia, Russia, and South Africa, is anticipated to drive the growth of the laminated glass market. The laminated glass market has been segmented based on interlayers, end-use industry, and region.

Key players operating in the laminated glass market include AGC (Japan), Saint–Gobain (France), Nippon Sheet Glass (Japan), Sisecam (Turkey), Guardian (US), and Central Glass (Japan), among others. These players have adopted various strategies to expand their global presence and increase their market share. Expansions, acquisitions, and joint ventures were the key strategies adopted by the major laminated glass manufacturers to strengthen their position in the market in the recent years.

AGC is one of the largest flat glass manufacturing company and offers high-performance products for the construction, automobiles, and solar power generation industries. The company manufactures and distributes laminated glass for the automotive and architectural sectors. The company is focusing on expansions and joint ventures to increase its market reach and meet the growing global demand. In May 2017, the company announced an investment of 19 billion Japanese Yen in its subsidiary, PT Asahimas Flat Glass Tbk (Indonesia), to cater to the growing demand for architectural glass in Indonesia. In August 2016, the company entered a joint venture with Induver Holding (Morocco) to manufacture automotive glass and serve customers in Europe and North Africa.

Saint–Gobain is a leading manufacturer and distributor of materials and solutions for use in the building, transportation, infrastructural, and industrial applications. The company is focusing on expansions and acquisitions to cater the growing demand and strengthen its position in the market. In June 2017, the company announced its plans to expand its flat glass production line in Saltillo, Mexico to serve the growing demand for automotive and construction glass from Central America, the Caribbean, and North America. In November 2016, the company acquired Pietta Glass Working (Romania), one of the leading companies in insulated glazing system for architectural buildings facades and structural facades, to strengthen its business in Romania.

Related Reports:

Laminated Glass Market by Interlayers (Polyvinyl Butyral, Ionoplast Polymer), End-Use Industry (Building & Construction, Automotive), and Region - Global Forecast to 2022

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