PUBLISHER: Verified Market Research | PRODUCT CODE: 1622671
PUBLISHER: Verified Market Research | PRODUCT CODE: 1622671
Silkscreen Glass Market size was valued at USD 645.8 Million in 2020 and is projected to reachUSD 1010.7 Million by 2028, growing at aCAGR of 5.70 % from 2021 to 2028.
Prominent growth drivers in the global Silkscreen Glass Market are their industrial and commercial applications on account of the color vivacity and longer durability of screen-printed glass materials. Further, steady demand for printing on automotive glasswork is also accelerating the demand worldwide. The Global Silkscreen Glass Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Silkscreen Glass Market Definition
Silk-screen printed glass may is a special quite decorative glass made by printing a layer of ceramic ink on the surface of glass through the screen mesh for tempering or heat strengthening process. As a result, silk-screen printed glass is scratch-proof, durable, solar shading, and with anti-glare properties. Silk-screened glass is simpler to wash, less susceptible to staining, hence silkscreen-printed glass is obtainable both for indoor and outdoor applications.
The characteristics of these glasses comprise a smooth painted surface, easy cleaning, and special resistance to humidity making them ideal for use in high humidity rooms like kitchens and bathrooms. Silk-screen printed glass supplies wonderful opaque and colorful decoration and are human harmless and have environmental protection attributes. These are predominately used in residential buildings, commercial buildings, industrial buildings.
Global Silkscreen Glass Market Overview
The rising use of glass in the construction industry and the automotive sector is also likely to be a key driver for the global Silkscreen Glass Market in the forecast years. The growing disposable income of consumers has encouraged the demand for glass in the construction division, as it presents several aesthetic benefits over conventional construction materials. The steady demand for printing on automotive glasswork is also likely to remain a key contributor to the global Silkscreen Glass Market as automotive glass is now being made to the highest quality standards.
There are certain limitations and obstacles faced that will hinder the overall market growth. The factors such as lack of skilled workforce and trained employees are limiting the market growth. Nevertheless, the improvements in technologies and untapped potential in emerging markets offer beneficial growth opportunities.
The Global Silkscreen Glass Market is Segmented on the basis of Product, Application, and Geography.
Based on Product, the market is bifurcated into Low-e, Special, and Other. The special product segment holds the largest market share during the forecast period. The factors that can be attributed to high optical quality, scratch-resistance, and growing demand for integrated chips from various industrial applications such as networking devices are accelerating the demand for this segment.
Based on Application, the market is bifurcated into Residential Buildings, Commercial Buildings, and Industrial Buildings. The industrial segment holds the largest market share during the forecast period. The factors that can be attributed to the growing automotive industry owing to factors such as rising demand for automotive glazing in windows are fueling the demand for this segment.