Laminated glass is a safety glass made by bonding two or more panes of glass with a durable plastic interlayer. It provides safety, security, UV protection, and acoustic insulation among other functions. Laminated glass is used in a wide range of applications in the automotive and building & construction industries.

The laminated glass market is projected to reach USD 23.04 Billion by 2022. The growing demand from the building & construction industry is expected to drive the laminated glass market. Based on end-use industry, the building & construction industry is estimated to witness a higher growth than the automotive industry between 2017 and 2022. The growth in building & construction industry can be attributed to the growing construction industry worldwide, especially in emerging regions. In addition to this, growing investments by governments of various countries around the globe in infrastructural development projects such as airports, and public transit systems is driving the demand for laminated glass. The laminated glass market has been segmented based on interlayer into polyvinyl butyral, ionoplast polymer, and others. The polyvinyl butyral interlayer segment dominated the market in 2016, in terms of volume, owing to the adhesive properties, strong binding power, and excellent transparency of polyvinyl butyral. The ionoplast polymer interlayer is projected to witness the highest growth between 2017 and 2022. There has been an increasing demand for ionoplast polymer from the building & construction industry, as it provides more strength, safety, durability, toughness, and stiffness than other interlayers. These properties are essential for protection against storms, large impacts, and powerful blasts. Asia-Pacific dominated the laminated glass market in 2016, in terms of value. Growing population, rapid urbanization, and rising disposable income of consumers in emerging economies such as China, and India are contributing to the growth of the laminated glass market in this region. The presence of major laminated glass manufacturers, such as AGC (Japan), Nippon Sheet Glass (Japan), and Central Glass (Japan), among others is expected to further support the growth of the market in Asia-Pacific. Although the laminated glass market is expected to witness significant growth in the coming years, the rising prices of raw materials used for the manufacturing glass can act as a restraint for the market growth. Companies are focusing on strengthening their position in the laminated glass market through expansions, acquisitions, and joint ventures.

Laminated Glass Market vendors are placed into 4 categories based on their performance and reviews in each criterion: “visionary leaders,” “innovators,” “dynamic differentiators,” and “emerging companies".

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.