Market Forecast By Type (Polyvinyl Butyral (PVB), Sentryglas Plus (SGP), Ethylene-vinyl Acetate (EVA), Other Types), By End-user Industry (Automotive, Building and Construction, Electronics, Other End-user Industries) And Competitive Landscape
Product Code: ETC354542 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Brazil Laminated Glass market currently, in 2023, has witnessed an HHI of 1218, Which has decreased slightly as compared to the HHI of 1706 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Brazil Laminated Glass Market |
Forecast period | 2024-2030 |
CAGR | 5.2% |
Growing Sector | Construction |
Brazil Laminated Glass Market Report thoroughly covers the market by type and end-user industry. The Brazil Laminated Glass Market Outlook report provides an unbiased and detailed analysis of the ongoing Brazil Laminated Glass Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
Brazil Laminated Glass Market is experiencing rapid growth, fueled by heightened safety and security demands in construction and automotive sectors. This surge is supported by increased infrastructure investments and growing awareness of laminated glass benefits like UV protection and noise reduction.
According to 6Wresearch, Brazil Laminated Glass Market size is projected to rise at a CAGR of 5.2% during 2024-2030. One of the major drivers of this market is the growing need for safety and security across industries like construction, automotive, and aviation. Laminated glass provides strong resistance to impact, making it favoured for building facades, windshields, and aeroplane windows. Technological advancements have led to thinner and lighter laminated glass, perfect for contemporary architectural designs. Moreover, the market is boosted by the trend towards sustainable construction materials and government safety regulations.
However, there are also challenges faced by this market, such as the high costs of raw materials like interlayer films and adhesives, which can increase production expenses and ultimately raise prices for consumers, potentially slowing market growth. Furthermore, the scarcity of skilled labour in the industry presents another hurdle, as the production process demands specialised expertise. Additionally, stringent regulations and safety standards governing the use of laminated glass in construction projects may act as barriers to entry for smaller businesses.
Some key players in the Brazil Laminated Glass market include names like Saint-Gobain, Asahi Glass Co., Ltd., Guardian Industries, Nippon Sheet Glass Co. Ltd., and Vitro Architectural Glass. These key players are constantly investing in research and development to introduce new and innovative laminated glass products that cater to the specific needs of the Brazil market.
Brazil laminated glass market has experienced significant growth recently, largely due to government initiatives and schemes. The government has taken steps to encourage the use of laminated glass by providing subsidies for its production and implementation in buildings and infrastructure projects. This promotes eco-friendly materials and supports the local economy. Additionally, the government has introduced regulations to uphold the quality and safety of laminated glass products, ensuring reliability for consumers.
Brazil's laminated glass market is poised for significant growth in the upcoming years, driven by its increasing utilisation across sectors like automotive, construction, and solar energy. With Brazil emerging as a significant player in this sector due to its growing economy and infrastructure investments, the country shows promise as one of the leading global markets for laminated glass. Additionally, government initiatives promoting sustainable development and enforcing safety regulations are expected to bolster demand further.
According to Dhaval, Research Manager, 6Wresearch, the Polyvinyl Butyral (PVB) segment dominated this industry. However, the Sentryglas Plus (SGP) segment is projected to witness significant growth in the coming years due to its superior strength and durability properties that make it suitable for high-performance applications like hurricane-resistant windows and bulletproof glass.
On the basis of the end-user industry, the Automotive and Building and Construction sectors currently dominate the industry. However, it is projected that the Electronics sector will witness significant growth in the coming years due to increasing use of laminated glass in electronic devices.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Laminated Glass Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Laminated Glass Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Laminated Glass Market - Industry Life Cycle |
3.4 Brazil Laminated Glass Market - Porter's Five Forces |
3.5 Brazil Laminated Glass Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Brazil Laminated Glass Market Revenues & Volume Share, By End-user Industry, 2020 & 2030F |
4 Brazil Laminated Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Laminated Glass Market Trends |
6 Brazil Laminated Glass Market, By Types |
6.1 Brazil Laminated Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Laminated Glass Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Brazil Laminated Glass Market Revenues & Volume, By Polyvinyl Butyral (PVB), 2020-2030F |
6.1.4 Brazil Laminated Glass Market Revenues & Volume, By Sentryglas Plus (SGP), 2020-2030F |
6.1.5 Brazil Laminated Glass Market Revenues & Volume, By Ethylene-vinyl Acetate (EVA), 2020-2030F |
6.1.6 Brazil Laminated Glass Market Revenues & Volume, By Other Types, 2020-2030F |
6.2 Brazil Laminated Glass Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Brazil Laminated Glass Market Revenues & Volume, By Automotive, 2020-2030F |
6.2.3 Brazil Laminated Glass Market Revenues & Volume, By Building and Construction, 2020-2030F |
6.2.4 Brazil Laminated Glass Market Revenues & Volume, By Electronics, 2020-2030F |
6.2.5 Brazil Laminated Glass Market Revenues & Volume, By Other End-user Industries, 2020-2030F |
7 Brazil Laminated Glass Market Import-Export Trade Statistics |
7.1 Brazil Laminated Glass Market Export to Major Countries |
7.2 Brazil Laminated Glass Market Imports from Major Countries |
8 Brazil Laminated Glass Market Key Performance Indicators |
9 Brazil Laminated Glass Market - Opportunity Assessment |
9.1 Brazil Laminated Glass Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Brazil Laminated Glass Market Opportunity Assessment, By End-user Industry, 2020 & 2030F |
10 Brazil Laminated Glass Market - Competitive Landscape |
10.1 Brazil Laminated Glass Market Revenue Share, By Companies, 2023 |
10.2 Brazil Laminated Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |