Flat Glass Market Size, Share, Trends & Forecast Report


Posted August 11, 2020 by kishore2895

The Global Flat Glass market was $107.31 billion in 2020 & is expected to be around $153.48 billion in 2025 with a current CAGR of 7.42%.
 
Flat Glass Market: The increase in the use of flat glass in construction and infrastructure and automotive applications is expected to boost the industry in the coming years
Market Overview:
The flat glass industry is expected to grow from $ 92.28 billion in 2020 to $ 142.48 billion by 2025, with a compound annual rate of 7.49% during the foreseen period. Industry expansion can be attributed to strong call from the construction and infrastructure industry and emerging application businesses such as automotive, transportation, and solar energy. Flat glass, also known as window glass or flat glass, is a type of glass initially produced in a flat form. Refers to all types of sheet glass, including float glass and molten glass (flat blown glass). It is commonly employed for the manufacture of various flat glass products for the construction and automotive, consumer goods and solar energy businesses. The worldwide flat glass industry has been growing at a tremendous rate lately. The use of flat glass in interior design and planning has played a vital role in driving sales in the worldwide industry. Furthermore, the presence of a sophisticated construction industry is of utmost importance to suppliers operating in the worldwide industry.
Market drivers and restraints:
The increase in the use of flat glass in construction and infrastructure and automotive applications is expected to boost the industry in the coming years. The main drivers of expansion in the flat glass industry include escalated spending on construction and construction activities, and advances in the production of solar panels. Furthermore, changes and advances in the automotive industry are also contributing to the expansion of the flat glass industry. The expansion of the flat glass industry also depends on the expansion of emerging industrys characterized by a growing population, foreign investment, expansion of the middle class and disposable income. People's luxurious and changing lifestyle has also led to an escalated use of flat glass for interior decoration purposes. Furthermore, the booming solar industry, coupled with the escalating use of flat glass in solar panel manufacturing, is expected to provide lucrative opportunities for players operating in the worldwide industry. With growing environmental concerns, there has been a conscious shift towards renewable energy sources for electric power generation, which is likely to drive call for solar power generation and therefore solar panels.

To know more, click on the link below:
https://www.marketdataforeseen.com/market-reports/flat-glass-market
Report segmented as:
By type:
• basic float glass
• toughened glass
• coated glass
• laminated glass
• extra clear glass
By end use industry:
• construction & infrastructure
• automotive & transportation
• solar energy
• others
By technology:
• rolled
• sheet
• float glass
Geographical analysis:
Asia Pacific is the largest and fastest growing industry in the world. Japan is expected to increase call for flat glass fuel due to the recovery in the national construction and construction sectors. North America and Europe are also expected to drive call for flat glass due to the luxurious lifestyle of people in these regions.

Important market players:
AGC Inc (Japan), Sisecam Group (Turkey), Saint-Gobain (France), GUARDIAN GLASS LLC (US), Nippon Sheet Glass Co., Ltd (Japan), Fuyao Glass Industry Group Co., Ltd (China), Vitro (Mexico), Taiwan Glass Industry Corporation (Taiwan), Changzhou Almaden Co., Ltd (China), SCHOTT AG (Germany), and GSC GLASS LTD (India) are some of the key players operating in the global flat glass market.
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https://www.marketdataforecast.com/market-reports/flat-glass-market/request-sample
The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About Us:
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Tags flat glass market , flat glass market size , flat glass market share , flat glass market growth , flat glass market trends
Last Updated August 11, 2020