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Toughened Glass Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue)

Monday, June 5, 2017

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Toughened or tempered glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Tempering puts the outer surfaces into compression and the inner surfaces into tension. Such stresses cause the glass, when broken, to crumble into small granular chunks instead of splintering into jagged shards as plate glass (a.k.a. annealed glass) creates. The granular chunks are less likely to cause injury.

As a result of its safety and strength, toughened glass is used in a variety of demanding applications, including passenger vehicle windows, shower doors, architectural glass doors and tables, refrigerator trays, mobile screen protectors, as a component of bulletproof glass, for diving masks, and various types of plates and cookware.

Few Indian Major Players are as under:

•       Asahi India Glass Ltd.

•       Atul Glass Inds. Ltd.

•       Auroplast India Ltd.

•       Cherry Fashions Ltd.

•       Floatglass India Ltd.

•       Gobind Glass &Inds. Ltd.

•       Gold Plus Glass Industry Ltd.

•       Gujarat Borosil Ltd.

•       Gujarat Guardian Ltd.

•       H N G Float Glass Ltd.

Market Outlook

The Indian glass market is estimated to increase at a CAGR of 15% over the next three years.

Indian glass market is set to increase at a compound annual growth rate (CAGR) of 15 per cent over the next three years. The glass consumption growth is expected in construction (10-12 per cent), automotive (20 per cent), consumer goods (15-20 per cent) and pharmaceuticals (15-18 per cent) sectors.

Global tempered glass market is expected to reach USD 54.31 billion by 2022.

The size of the glass industry in India is around $2.5 billion, out of which the container glass industry is around $0.87 billion.

The Glass industry projects that the market for industrial gases in the glass industry is to grow from USD 2.57 Billion in 2015 to USD 3.49 Billion by 2020, at a CAGR of 6.29%.

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