S. by 2011, according to Laminated and Tempered Glass Market in the U.S., a new report from market research publisher SBI, a division of MarketResearch.com.
Based on worldwide growth patterns in the flat glass market, which grew nearly 10% in the last two years, as well as growth in the construction sector, which accounts for 69% of the flat glass market, SBI projects that U.S. demand for laminated and tempered glass will continue to escalate.
Increased safety, better energy efficiency and greater noise attenuation capabilities continue to influence the market, leading SBI to anticipate the laminated glass sector will grow by five percent, from $1.8 billion in 2007 to approximately $2.3 billion in 2011. Similarly, SBI forecasts that tempered glass will grow six percent, from $2.0 to $2.5 billion.
'Value-Adds' To Push Laminated And Tempered Glass Market Toward $5 Billion By 2011
Building on the growing demand for value- added glass products, the laminated and tempered glass market for residential and nonresidential construction is expected to clear $4.8 billion in the U.