Market Forecast By End-user Industry (Automotive, Construction, Electronics, Other End-user Industries) And Competitive Landscape
Product Code: ETC215294 | Publication Date: May 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Tempered Glass market currently, in 2023, has witnessed an HHI of 5512, Which has decreased slightly as compared to the HHI of 8010 in 2017. The market is moving towards concentrated. 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 Tempered Glass Market |
Forecast period | 2025-2031 |
CAGR | 4.9% |
Growing Sector | Electronics |
Brazil Tempered Glass Market report thoroughly covers the market by end-user industry. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil Tempered Glass Market has been experiencing significant growth, driven by its increasing applications across various industries. As a safety feature, tempered glass is widely used in the automotive, construction, and electronics sectors due to its enhanced strength and thermal resistance. The rise in construction activities, particularly for commercial buildings and infrastructure projects, has propelled the demand for tempered glass. Additionally, the automotive industry in Brazil has seen a surge in production, further boosting the market. The burgeoning consumer electronics sector also contributes to the market's expansion, with tempered glass being a preferred material for screens and protective covers.
According to 6Wresearch, Brazil Tempered Glass Market size is expected to grow at a significant CAGR of 4.9% during the forecast period 2025-2031. There are many factors that are increasing the growth of Brazil Tempered Glass Market such as the growing construction sector in Brazil, fuelled by urbanization and the need for more sophisticated infrastructural designs, directly impacts the demand for tempered glass. Its application in building facades, shower doors, and balustrades aligns with the rising trend for aesthetic, yet functional architectural elements. Apart from this, the automotive industry serves as a critical driver. Brazil's position as a significant player in the automotive sector necessitates the use of tempered glass for safety reasons, in vehicle windows and sunroofs, adhering to stringent safety standards. In addition to this, technological advancements in the production of tempered glass, allowing for variations in thickness, colour, and strength, cater to a broad spectrum of applications, making it a preferred choice for both construction and automobile manufacturers.
Brazil Tempered Glass Market Growth is hampered due to the high cost of production associated with tempered glass. The specialized treatment process it undergoes, whether thermal or chemical, requires substantial energy input and sophisticated machinery, which in turn, escalates manufacturing costs. Apart from this, the competition from alternative materials. Polycarbonate and laminated glass, for example, also offer high strength and safety features but at potentially lower costs or with different benefits that might appeal to specific segments of the market.
Although there are several market players available in Tempered Glass Market in Brazil, however few of them are having the most of market share. These companies are AGC Inc, Saint-Gobain, Guardian Industries, NSG Group, Vitro.
Brazil Tempered Glass Market is growing swiftly and government’s regulation and policies are helping in the extension of the market. Brazilian Green Building Council's certification system, which encourages the construction industry to adopt sustainable practices, including the use of materials like tempered glass that contribute to energy efficiency and environmental sustainability. Apart from this, the Inovar-Auto program, developed by the Ministry of Development, Industry, and Foreign Trade, aims to improve the energy efficiency of vehicles produced in Brazil. By incentivizing the automotive industry to use advanced materials that contribute to safety and fuel efficiency, such as tempered glass, the program supports the sector's growth while aligning with environmental goals.
Brazil Tempered Glass Industry is anticipated to grow in the forecast period attributed to the growing awareness and emphasis on sustainability are likely to propel the demand for energy-efficient and eco-friendly building materials, cementing tempered glass's position in the construction and automotive sectors. Apart from this, the focus on renewable energy and the role of tempered glass in solar panels and other green technologies underscore its importance in Brazil's move towards a sustainable future. The country's commitment to reducing its carbon footprint and incentivizing green practices is likely to fuel research and development in the tempered glass sector.
According to Ravi Bhandari, Research Head, 6Wresearch,Construction segment is expected to grow more in future due to the increasing emphasis on sustainable development, the drive towards green building certifications, and the rising awareness of energy efficiency in architectural designs.
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 Tempered Glass Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Tempered Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Brazil Tempered Glass Market - Industry Life Cycle |
3.4 Brazil Tempered Glass Market - Porter's Five Forces |
3.5 Brazil Tempered Glass Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Brazil Tempered Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Tempered Glass Market Trends |
6 Brazil Tempered Glass Market, By Types |
6.1 Brazil Tempered Glass Market, By End-user Industry |
6.1.1 Overview and Analysis |
6.1.2 Brazil Tempered Glass Market Revenues & Volume, By End-user Industry, 2021 - 2031F |
6.1.3 Brazil Tempered Glass Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.1.4 Brazil Tempered Glass Market Revenues & Volume, By Construction, 2021 - 2031F |
6.1.5 Brazil Tempered Glass Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.1.6 Brazil Tempered Glass Market Revenues & Volume, By Other End-user Industries, 2021 - 2031F |
7 Brazil Tempered Glass Market Import-Export Trade Statistics |
7.1 Brazil Tempered Glass Market Export to Major Countries |
7.2 Brazil Tempered Glass Market Imports from Major Countries |
8 Brazil Tempered Glass Market Key Performance Indicators |
9 Brazil Tempered Glass Market - Opportunity Assessment |
9.1 Brazil Tempered Glass Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Brazil Tempered Glass Market - Competitive Landscape |
10.1 Brazil Tempered Glass Market Revenue Share, By Companies, 2024 |
10.2 Brazil Tempered Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |