Global Flat Glass Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Flat Glass Market was worth US$ 1,27,612.0 Mn and is expected to grow at a CAGR of 6.8% over the forecast period. While the historical CAGR is 5.1%, the market is expected to hit US$ 2,46,379.2 Mn by 2032 end.

Since this transparent and adaptable material is becoming more popular in building facades, doors, walls, and other structures, flat glass is mostly utilized in window panels. Flat glass market share from commercial and public construction projects has been influenced by the availability of a wide range of products, including float glass, laminated glass, tinted glass, and others, along with the stylish appearance and improved properties like improved impact resistance, durability, and high thermal resistance.

Market Dynamic

RENOVATION AND RECONSTRUCTION ACTIVITIES STIMULATE FLAT GLASS MARKET GROWTH

Windows, doors, solar panels, cabinet locks, tabletops, furniture, and walls are typically made of flat glass. Due to improving economic conditions and greater investment in the building industry, residential and non-residential development projects are increasing. Government restrictions on energy efficiency and smart glass technology as advanced construction practices, as well as rapid industrialization and urbanization, particularly in China, India, Brazil, and the United Arab Emirates, could benefit the flat glass market’s revenue.

Market Segments Covered in Report

By Type:

• Basic
• Tempered
• Laminated
• Insulated
• Others

By Application:

• Building & Construction
• Automotive & Transportation
• Solar Energy
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why is the Laminated Flat Glass type projected as the fastest-growing segment?

During the forecast period, laminated flat glass is expected to increase the fastest. As toughened glass is widely utilized in the building and transportation industries, it is the largest section of the market.

Why is it anticipated that Building & Construction Segment would be the most popular and rapidly expanding application?

Due to the increasing demand for flat glass in residential building projects, governmental laws about green & sustainable structures, and the flat glass’s aesthetically pleasing look, the building & construction segment was the market’s largest segment.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.

• With a share of the market of 23.8% in 2021, Europe dominated the market. Throughout the projected period, infrastructure improvements in the region’s growing economies are anticipated to boost the market growth.
• The Asia Pacific dominates the global market for flat glass. It is mostly due to the Asia Pacific region’s developing countries’ rapid infrastructure development.

Competition Analysis

Due to multiple significant firms, the industry is extremely competitive and fragmented. Companies are choosing a variety of strategic approaches to boost their market position and recuperate losses brought on by the pandemic.

A list of some of the key suppliers present in the market are:

• AGC Inc.
• Sisecam Group
• Saint-Gobain
• GUARDIAN GLASS LLC
• Nippon Sheet Glass Co. Ltd
• Fuyao Glass Industry Group Co. Ltd
• Vitro
• Taiwan Glass Industry Corporation
• Changzhou Almaden Co. Ltd
• SCHOTT AG
• GSC GLASS LTD

Global Flat Glass Market 2022-2032: Report Coverage and Highlights

• Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
• Key drivers, restraints, opportunities, and key emerging trends impacting market growth
• Predictions on critical supply, demand, and technological trends and changes in consumer behavior
• Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
• Segment-wise, country-wise, and region-wise market analysis
• Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
• Key product innovations and regulatory framework
• Covid-19 impact on the market and how to navigate
• Strategic market analysis and recommendations on crucial winning strategies

• Report Includes

  Market Size Data

  • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
  • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
  • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
  • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
  • Incremental dollar opportunity generated in the forecast period would be indicated
  • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

  Market Background

  • Macroeconomic factors that impact the market developments
  • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
  • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
  • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
  • Trade analysis and analysis of key supply and demand hubs
  • Identification of hotbed opportunities existing in the market
  • Porter’s and PEST analysis to understand the business environment of the geography
  • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

  Pricing Analysis

  • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
  • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
  • Cost teardown analysis and key factors impacting pricing

  Value Chain Analysis

  • Country-wise list of raw material suppliers
    • Raw material price trends and buyers’ sentiment
    • Overview of Intelligent Sourcing Technique
    • Raw material procurement requirements
    • Vendor selection criteria
  • Country-wise list of product manufacturers
  • Country-wise list of distributors/traders
  • Country-wise list of end-users
    • End-Users/Customers consumption mapping
    • Key End-Users/Customers client list
  • Country-wise list of other key channel partners
  • Average profitability margins
  • Regional value chain dynamics

  Competition Analysis

  • Market shares and production capacities of key players
  • Tier structure analysis of market
  • Comprehensive competition dashboard representing the top 10-15 players in the market
  • Individual company profiles of top 15 to 20 manufacturers
    • Business Overview
    • Product Portfolio
    • Key Financials
    • Recent Developments
    • SWOT Analysis
    • Strategies

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

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