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BerichtGeplaatst: 17-10-2019 01:44:10    Onderwerp: Latin America Reageren met citaat
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Global Glass Tempering System Market Future Growth, Industry Verticals and Forecast to 2025

by NiravGokani · December 7, 2018

ResearchMoz include new market research report “Glass Tempering System Market: Global Industry Analysis (2012-2016) And Opportunity Assessment (2017-2027)” to its huge collection of research reports.

As a significant share of demand for glass is driven from the building & constructionarchitecture industry#8# the glass tempering technology is expected to witness high growth across these industries. The market value generated from architectural segment is estimated to be valued more than US$ 65 Mn by 2017 end and is projected to reach close to US$ 95 Mn by the end of 2027 while expanding with a CAGR of 3.6% over the forecast period. In terms of value, the architectural segment alone is expected to capture more than 70% of the market share in 2017 end.

Fill the form for an exclusive sample of this report @ ;repid=1834629

North America

Requirement of huge investments to set up glass manufacturing industry is one of the prominent restraints that can adversely affect the growth of the glass market in the upcoming years. Moreover, continuous innovations are required to maintain competitive advantage and to generate new applications in the glass industry. This factor is also responsible for huge investments, which in turn, is expected to hinder the growth of the glass tempering system market in North America.

Latin America

The slow rate of recovery after an economic crisis in Mexico in 2009 is likely to decelerate the demand growth of glass. The Mexican economy is vulnerable to the U.S. economic trends. Hence, substantial changes in consumer spending are likely to hamper glass consumption in the furniture segment. Additionally#9# national consumption of glass furniture in Mexico is steadily decreasing. Widespread unemployment and high inflation are some of the other factors that are hampering the growth for the glass tempering system market in Latin America.


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