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Global Tinted Glass Market Expected to Reach US$ 41.26 Billion by 2033 with a 6.6% CAGR | Future Market Insights, Inc.
The construction and interior design sectors drive demand for tinted glass, with new trends like French green and crystal grey contributing. Tinted glass offers enhanced safety, security, and energy efficiency, fueling the market growth.
NEWARK, Del., Sept. 18, 2023 /PRNewswire/ — The tinted glass market is anticipated to expand its roots at a steady CAGR of 6.6% between 2023 and 2033. The market is anticipated to surpass US$ 41.26 billion by 2033, while it is likely to be valued at US$ 21.77 billion in 2023.
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Tinted Glass Trends: Fueling Demand in Construction, Safety, Efficiency, and Innovation for UV Protection
- The new construction and interior design businesses fuel the demand for tinted glass solutions. Furthermore, new experiments such as French green, crystal grey, and euro grey tinted float glass are increasing the demand for tinted glass.
- The enhanced safety and security delivered through tinted glasses is flourishing the market growth. Furthermore, increased efficiency due to the lower energy consumption is anticipated to the market growth.
- The advanced glassing solution and low-maintenance glasses are further expected to boost the demand for tinted laminate glass. Alongside, tinted smart glass is also in high demand, expanding the tinted glass market size.
- Many corporate and residential setups are adopting tinted glasses solutions for high UV protection.
Key Points from the Tinted Glass Market Research Report:
- The United States market leads the tinted glass market in terms of sales volume in North America. The market holds a market share of 13.4% in 2023. The market growth is attributed to the increased number of corporate systems adopting glasses that protect them from sunlight and ultraviolet rays.
- India’s tinted glass market leads the South Asia market in terms of CAGR with a leading CAGR of 8.0% between 2023 and 2033. The regional growth is attributed to growing awareness among people about the hazardous effects of UV rays
- On the other hand, China’s tinted glass market flourishes at a CAGR of 8.1% between 2023 and 2033. The rising number of industrial warehouses with product stores are adopting tinted glass solutions.
- By thickness, 6 mm tinted glass is in high demand as it is in high consumption due to the perfect size for different settings like residential, office buildings, and even grocery stores.
- By color, the grey segment leads while holding a prominent market share of 40.7% in 2023.
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Competitive Landscape:
The key vendors work on producing the best quality glasses with experimentation and production value. Furthermore, the companies also provide application-specific tinted glass solutions. Key competitors also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel.
The key players in the market are
- AGC Inc.
- Saint-Gobain
- Nippon Sheet Glass Co., Ltd.
- Vitro
- Xinyi Glass Holdings Limited
- THE ECAM GROUP
- Guardian Industries Corp.
- Taiwan Glass Group, Ltd
- Shanghai Yaohua Pilkington Glass Group Co., Ltd
- Qingdao Rexi Industries Co. Ltd.
Recent Market Developments
– Guardian Industries Corp has introduced its guardian tinted glass that delivers solutions to exterior facades and interior decors. It comes for homes as well as commercial businesses. The tint also comes in various colors and designs.
– Taiwan Glass Group, Ltd. has revisited its tinted glass and updated its packaging and build quality. The company will likely hold a good amount of traction in the future.
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About the Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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- Residential and commercial Smart Glass Market is projected to reach approximately US$ 14 Billion by 2028, at an estimated CAGR of more than 15% over 2018-2028.
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- Silica Sand for Glass Making Market is expected to be valued at US$ 5.7 billion in 2023. As per the research, the market is expected to register a CAGR of 4.1% between 2023 and 2033. The valuation is projected to cross US$ 8.5 billion by 2033.
- Borosilicate Glass Market is expected to surge from US$ 2.03 Billion in 2022 to US$ 4 Billion in 2032. The industry is projected at a CAGR of 7% during the forecast period from 2022 to 2032.
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- The European silica Sand for Glass sand-making market is predicted to cross a valuation of US$ 1,107.3 million in 2023. It is estimated to attain a valuation of US$ 1,654.9 million by 2033. The market is predicted to thrive at a CAGR of 4.1% from 2023 to 2033.
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- The heat-resistant glass market analysis report released by FMI estimates the current revenue generated by sales of this product worldwide to be around US$ 4.8 Billion. Further, by the year 2032, the net worth of the global heat-resistant glass is predicted to be around US$ 7.5 Billion and is predicted to register a fair CAGR of 4.3% through these forecast years.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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Empowering Businesses of All Sizes: MyGuava Business Offers a New Standard in Financial Solutions
LONDON, Jan. 15, 2025 /PRNewswire/ — In today’s fast-growing world, businesses need more than traditional banking services – they require innovative financial tools tailored to their specific needs. MyGuava Business is focused on meeting these demands, offering a ground-breaking platform that caters to businesses of all sizes.
Tailored Solutions for Every Business Size
One of the defining features of MyGuava Business is its bespoke quality. The platform is designed to support businesses of every size and industry, offering flexibility that ensures no one is left behind. Start-ups and small businesses benefit from straightforward, easy-to-use tools that promote growth without unnecessary complexity.
Transparent and Competitive Pricing
At a time when hidden fees and unclear pricing structures are all too common, MyGuava Business stands apart with its transparent and competitive rates. Businesses can plan their budgets confidently, knowing there won’t be any unexpected costs. For small businesses, this affordability is an essential requirement.
Seamless Onboarding and User Experience
The platform’s user-friendly interface makes navigation intuitive, ensuring that even those without extensive technical expertise can get started quickly. Clear dashboards, always accessible customer support and step-by-step guidance make MyGuava Business a platform that any business can adopt with ease.
Comprehensive Product Offerings: Covering Every Aspect of the Financial Sector
MyGuava Business goes beyond traditional financial management by offering a diverse range of services that cover all payment needs, whether the business transacts in person or online. From business accounts simplifying cross-border payments to payment terminals, e-commerce solutions, cards, payment links and invoice creation, the platform provides businesses with versatile tools to seamlessly manage transactions.
Built In-House with Customer Needs in Mind
What truly sets MyGuava Business apart is that it is a comprehensive end-to-end payments solution provider – a direct result of its in-house development. Unlike many platforms that rely on third-party tools, every feature of MyGuava Business is purpose-built to meet the unique needs of its users.
A Vision for the Future of Business Finance
MyGuava Business is more than just a financial platform – it’s a partner in growth. By combining affordability, adaptability, and a customer-centric design, it offers businesses the tools they need to succeed in a rapidly changing world.
In a world where adaptability and efficiency are crucial, MyGuava Business is the financial partner every business deserves. Discover more at myguava.com/business.
Contact:
Nikki Suleymanova
[email protected]
07443322377
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Transform Your Money Management: MyGuava App Now Makes Personal Finance Simpler Than Ever
LONDON, Jan. 15, 2025 /PRNewswire/ — Managing finances while travelling or navigating everyday life can often feel overwhelming. MyGuava is designed to change that. It’s a universal financial tool that blends convenience, transparency, and flexibility to meet the needs of global citizens, whether you’re on an international adventure or handling daily expenses. With a multi-currency account, seamless international transfers, personalised virtual cards and analytics tools, MyGuava provides the ultimate solution to simplify financial management.
A standout feature is its multi-currency account, which supports over 20 currencies. Whether paying for a coffee in Paris, a taxi in Tokyo or shopping in New York, users can rely on MyGuava to handle currency exchanges automatically and cost-effectively. With competitive withdrawal rates, accessing cash abroad is straightforward and affordable, providing peace of mind and the ability to pay like a local no matter where you are.
Sending and Receiving Funds – Home and Away
But MyGuava isn’t just about travel – it’s equally valuable for sending and receiving funds, both locally and internationally. Transferring money to foreign countries is often expensive and time-consuming, but MyGuava eliminates these challenges. With zero transfer fees and near-instant processing, the app makes it easy to send funds to family or friends without delays or extra costs.
Make Payments in Style
Customisation is another key aspect of MyGuava. Its virtual card feature lets users design cards that reflect their personality, brand or identity. This level of personalisation is not just about aesthetics – it’s about creating financial tools that are truly tailored to individual needs.
Additional Features and Benefits
For those who often share expenses, MyGuava’s bill-splitting feature is an innovative solution. Organising group dinners, trips or shared purchases can be complicated, but the app streamlines the process, ensuring transparency and fairness. This feature takes the stress out of managing shared finances.
MyGuava also empowers users to take control of their finances through real-time analytics and detailed spending insights. The app turns everyday transactions into opportunities with unlimited cashback rewards, offering ongoing value for users and allowing them to enjoy uncapped benefits.
Financial Management Made Easy
On its own, MyGuava is a financial companion that can be adapted to suit your lifestyle. MyGuava brings practicality and ease to every transaction and its user-friendly features ensure you stay in control. With MyGuava, financial management is no longer a problem – it’s a seamless part of your journey, wherever it takes you.
Contact:
Nikki Suleymanova
[email protected]
07443322377
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Network People Services Technologies Applauded by Frost & Sullivan for Providing Cutting-edge Digital Payment Technology and for Its Market-leading Position
NPST’s innovative technology underscores its commitment to advancing digital payment adoption to meet diverse user needs, and its strategic adaptability establishes it as a pivotal player in India’s financial ecosystem.
SAN ANTONIO, Jan. 15, 2025 /PRNewswire/ — Frost & Sullivan recently researched the payment technology industry and, based on its findings, recognizes Network People Services Technologies Ltd. (NPST) with the 2024 Indian Company of the Year Award.
Its core mission is to provide cutting-edge digital technology to all entities in the financial value chain, ensuring robust support at every stage of the payment process. The company provides banking solutions and payment processing infrastructure that interconnect financial entities within the broader banking and fintech sectors.
Listed on the National Stock Exchange (NSE) SME platform, NPST has significantly shaped India’s digital payments landscape. Its solutions span digital banking, payment switching and processing, merchant acquiring, and RegTech offerings, catering to banks, payment aggregators, merchants, and TPAPs.
With a forward-looking vision encapsulated in its NPST 2.0 strategy—Innovate, Transform, and Grow—the company is driving technological advancements in areas like fraud detection, real-time lending, and embedded payments, enabling transactions through ERP and smart devices such as vehicles, smartwatches, and meters.
NPST is making significant investments in artificial intelligence (AI) and machine learning (ML) to enhance its payment solutions. NPST’s Risk Intelligence Decisioning Platform, a cutting-edge AI-driven operations engine, is supported by a comprehensive data lake that consolidates transaction data. This advanced system allows for the real-time identification of high-risk transactions and merchants. It includes tools designed to enhance compliance and mitigate fraud, such as a merchant trust score, a customer transaction score, and chargeback fraud prevention.
Additionally, the company’s flagship EVOK 3.0 Payments Platform as a Service provides a comprehensive solution for aggregators, gateway providers, and merchants. Covering the entire payment life cycle—from transaction processing to risk management—EVOK 3.0 integrates AI and ML to offer advanced capabilities like multi-bank intelligent routing and predictive fraud intelligence, ensuring efficient management of high transaction volumes.
Other groundbreaking innovations include:
- PayJoy: Seamless access to real-time UPI credit in a country with low credit card penetration.
- Bill Direct: Bill Aggregation engine for deeper penetration in payment collections.
- TimePay Cash: Enabling cash withdrawals using QR codes at local stores.
- UPI Circle: Expanded digital payment access through shared accounts.
- Contextual Payments: Enhanced customer checkout experience.
- UPI Lite Auto-Top Up: Automatically replenishing UPI Lite accounts, ensuring users have sufficient transaction funds.
Rahul Agarwal, Associate director for growth advisory at Frost & Sullivan, observed, “NPST’s achievements, including pioneering online merchant dispute resolution in India and expanding its platform to offer value-added services like AI-powered fraud detection and real-time lending, set it apart in the industry. Its diversification into non-banking financial companies and third-party application providers highlights a well-rounded growth strategy.
NPST consistently prioritizes customer experience, fostering long-term relationships and demonstrating its commitment to client satisfaction and growth. The company’s focus on exceptional service is reflected in the loyalty of some of its clients, with critical partnerships spanning over a decade.
The company is also working to improve payment acceptance infrastructure via access to affordable devices, (QR and SoundBoxes) while integrating AI and ML capabilities to enhance, efficiency, and scalability. These investments support growing transaction volumes and help NPST maintain its competitive edge in facilitating wider digital payment adoption. The company’s emphasis on client relationships, digital literacy, and social responsibility underscores its role as a payment technology leader and its commitment to broader economic and social contributions.
The company’s financial performance reflects strong growth, with revenues increasing from INR 41 crore in fiscal year (FY) 2023 to INR 130 crore in FY 2024, and EBITDA rising from INR 12 crore to INR 43 crore during the same period. NPST’s strategic adaptability establishes it as a pivotal player in India’s financial ecosystem, drives economic growth, and promotes financial inclusion across the country.
“NPST’s advances towards international expansion and transitions to the National Stock Exchange of India main board with emphasis on transparency, governance, and continual innovation, cementing its position as a leader in the global payment technology industry. The company’s exceptional performance, forward-thinking strategies, and commitment to customers and societal impact make it a deserving recipient in India’s payment technology sector,” added Norazah Bachok, best practices research analyst at Frost & Sullivan. With its strong overall performance, NPST earns Frost & Sullivan’s 2024 India Company of the Year Award in the payment technology industry.”
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.
Contact: Tarini Singh
E: [email protected]
About NPST
Founded in 2013, NPST is a PayTech firm listed on the NSE Small and Medium Exchange. A leader in digital banking and payment processing solutions, NPST is dedicated to advancing the digital payments ecosystem by delivering cutting-edge technology solutions to banks, fintechs, and other industry players. The company’s offerings include online and offline transaction processing, banking super apps, fraud prevention, dispute management, and compliance technology.
NPST’s mission is to drive the growth of businesses, individuals, communities, and economies. With over 100 clients and processing more than 60 million transactions daily, NPST continues to make a significant impact on the digital payments ecosystem. To learn more about NPST and its award-winning solutions, please visit www.npstx.com
Contact: Vanita D’souza
E: [email protected]
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