IMARC Group has recently released a new research study titled “Flat Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the global flat glass market report, drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The market size reached US$ 108.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 148.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.
What is flat glass?
Flat glass refers to an amorphous material that is derived by heating various raw materials, including silica sand, soda ash, limestone, etc., into molten liquid, followed by cooling it to form flat sheets. It can be of several types, which include toughened, laminated, basic, coated, insulated, extra clear, etc. These flat glass products are designed to be used for doors, windows, transparent walls, and windscreens, on account of their heat insulation, self-cleaning, and offer ultraviolet or UV filters. Consequently, they find extensive applications across numerous sectors, such as construction, automotive, aerospace, solar energy, etc.
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What are the growth prospects and trends in the flat glass industry?
The increasing construction activities, owing to the growing population and the expanding urbanization, is among the key factors driving the global market. Additionally, the inflating investments by government bodies in infrastructural development projects are acting as significant growth-inducing factors. Besides this, the escalating penetration of glass infrastructure and the shifting consumer preferences toward aesthetically appealing interiors and green and sustainable buildings are further stimulating the global market.
Moreover, the emerging trend of utilizing the product in the automotive industry for manufacturing car windows and windshields and in the electrical segment for producing photovoltaic modules, e-glass structures, solar panels, etc., is also positively influencing the global flat glass market growth. Apart from this, the elevating demand for insulated product variants is ideal in residential and commercial buildings as they keep the interior temperature intact and reduce the consumption of energy and the rising need for curtain walls, storefronts, above-glazing, non-vision settings, and commercial and operable windows are expected to bolster the global flat glass market over the forecasted period.
Competitive Landscape With Key Players:
The competitive landscape of the flat glass market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of These Key Players Include:
- AGC Inc.
- Cardinal Glass Industries Inc.
- Compagnie de Saint-Gobain S.A.
- CSG Holding Co. Ltd.
- Fuyao Glass America Inc. (Fuyao Glass Industry Group Co. Ltd.)
- Guardian Industries LLC (Koch Industries Inc.)
- Nippon Sheet Glass Co. Ltd.
- Taiwan Glass Ind. Corp.
- Turkiye Sise ve Cam Fabrikalari AS
- Vitro S.A.B. de C.V.
Key Market Segmentation:
The report has segmented the global flat glass market based on technology, product type, raw material, end use, type, end user industry and region.
Market Breakup by Technology:
- Float Glass
- Sheet Glass
- Rolled Glass
Market Breakup by Product Type:
- Basic Float Glass
- Toughened Glass
- Coated Glass
- Laminated Glass
- Insulated
- Extra Clear Glass
- Others
Market Breakup by Raw Material:
- Sand
- Soda Ash
- Recycled Glass
- Dolomite
- Limestone
- Others
Market Breakup by End-Use:
- Safety and Security
- Solar Control
- Others
Market Breakup by Type:
- Fabricated
- Non-Fabricated
Market Breakup by End Use Industry:
- Construction
- Automotive
- Solar Energy
- Electronics
- Others
Market Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Explore Full Report With TOC List of Figures: https://www.imarcgroup.com/flat-glass-market
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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