Market research ApplicationAndSegment recently released research report says 2022 global market for tempered glass at 541. They're 300 million dollars. The expansion of demand in the main driver of market growth will be tempered glass. In addition, with the development of the architectural lighting requirements change, covering building walls and the lighting good amount also will be tempered glass market demand growth momentum over the next 7 years. Tempered glass products because of its high strength and light weight performance advantages, along with the Asia-Pacific region, including India, China, Indonesia and Malaysia for increased infrastructure investment, will usher in greater demand.
The automotive sector: according to the report, in 2015-2022 will be the car industry 4. Compound annual growth rate of growth of 0%. Mainly attributable to the accelerated process of industrialization of developing countries in the Asia-Pacific region and Latin America, the increase of disposable incomes of the middle class, will drive the demand for cars is growing significantly.
Building area: according to the report, the construction industry will usher in significant growth over the next seven years. Whether it is inside or outside of the building glass products, its performance requirements will be higher and higher, including appearance, energy-saving, high strength, insulation and other features. Requirements will also lead the entire glass industry development, which will further boost regional economic development.
