Market Overview

Flat Glass Market Rising Demand and Supply in Construction Industry 2018 to 2022


Flat Glass Market Rising Demand and Supply in Construction Industry 2018 to 2022

PR Newswire

PUNE, India, August 13, 2018 /PRNewswire-iReach/ -- Global Flat Glass Market (Volume, Value) - Analysis By Type, By End-Use Industry, By Region, By Country: Trends, Opportunities and Forecasts (2017-2022).

provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report also presents forecasts for Flat Glass investments from 2018 till 2022.

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Regional Analysis

During the period 2017-2022, the Global Flat Glass Market is projected to grow at CAGR 6.64% owing to the strong performance of markets in the Asia Pacific region. As flat glass sales continue to slow down in North America and Europe, the Global Flat Glass Industry will increasingly rely upon the developing Asian markets of China, India, Vietnam, Malaysia etc to ensure continued growth and potential for expansion. Unlike the developed economies of the West which have been witnessing slow economic growth in recent year, the Asian economies have been experiencing faster economic growth due to the growing youth population which is increasingly entering the workforce, the rapid development of the manufacturing and services sector as well as initiatives taken by local governments to reduce the administrative red tape in order to improve the ease of doing business. This economic growth has resulted in rising purchasing power for consumers in the Asia Pacific region which has been accompanied with growing levels of urbanization. As consumers in these developing nations continue to migrate from rural villages and towns to urban cities, the construction and automotive demand is expected to see strong growth which will in turn boost the demand for flat glass.

Executive Summary:

Safety & Security glass which consists of toughened glass such as tempered glass and laminated glass will constitute the bulk of global flat glass demand due growing demand by the construction, automotive, defense, banking sectors etc. Solar control glass which consists of heat absorbing glass, heat reflecting glass, Low-E glass is expected to the next most prominent source of revenue for the global flat industry due to growing usage in building construction and automotive manufacture to improve the heat insulation inside the buildings and cars and to reduce energy costs.

The rising use of double glazed and triple glazed glass in the windows of residential houses and high rise buildings has been further boosting the volume of global flat glass demand. Other glass types include specialty glass, smart glass, optical fibers which are witnessing growing usage among the power generation, telecommunication, electronics, optical industries etc. Furthermore, as countries around the world reduce their dependence on coal and fossil fuels in favour of cleaner sources of energy such as solar with the installation of solar panels, the demand for flat glass is expected to grow as well since these solar panels make use of photovoltaic modules that consist of flat glass for converting solar energy into electricity.

Scope of the Report

Global Flat Glass Market - By Value, By Volume
Market- Size and Growth
Analysis by End Use Industry- Construction, Automotive, Others
Analysis by Glass Type- Safety & Security Glass, Solar Control Glass, Other Glass Types

Regional Markets - Americas, Europe, APAC.

Country Analysis - USA, Canada, Germany, France, UK, China, Japan, India

Other Report Highlights
Market Dynamics Ð Drivers and Constraints
Market Trends
Porter Five Forces Analysis
Product Life Cycle
Policy and Regulatory Landscape

Company Analysis- Asahi Glass Company, Saint Gobain, Nippon Sheet Glass, Guardian Glass Industries, Sisecam, Xinyi Glass Holdings, Taiwan Glass.

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