Post Time:Sep 03,2020Classify:Industry NewsView:1131
New York, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Impact Resistant Glass Industry" - https://www.reportlinker.com/p05798815/?utm_source=GNW
Global Impact Resistant Glass Market to Reach $35. 4 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027. Polyvinyl Butyral, one of the segments analyzed in the report, is projected to record a 7.4% CAGR and reach US$17.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ionoplast Polymer segment is readjusted to a revised 6.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.1 Billion, While China is Forecast to Grow at 10.1% CAGR
The Impact Resistant Glass market in the U.S. is estimated at US$6.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.
Ethylene Vinyl Acetate Segment to Record 5.6% CAGR
In the global Ethylene Vinyl Acetate segment, USA, Canada, Japan, China and Europe will drive the 5.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Billion in the year 2020 will reach a projected size of US$4.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.8 Billion by the year 2027, while Latin America will expand at a 6.8% CAGR through the analysis period. We bring years of research experience to this 7th edition of our report. The 281-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
Asahi Glass Co., Ltd.
Cardinal Glass Industries, Inc.
Cemex S.A.B. de C.V.
Central Glass Co., Ltd.
China Luoyang Float Glass Group Co., Ltd.
CSG Holding Co. Ltd.
Euroglas GmbH
Fuso Glass India Pvt. Ltd
Fuyao Glass Industry Group Co., Ltd.
Guardian Industries Corporation
Gulf Glass Industries
Jinjing Group
Nippon Sheet Glass Co., Ltd.
Qingdao Kangdeli Industrial & Trading Co., Ltd.
Saint-Gobain Group
Sangalli Group
Scheuten Glas Nederland BV
SCHOTT AG
Sisecam Group
Syracuse Glass Company
Taiwan Glass Industry Corporation
Trulite Glass & Aluminum Solutions, LLC
Vitro, S.A.B. de C.V.
Xinyi Glass Holdings Ltd.
Source: https://www.globenewswire.com/Author: shangyi