Flat Glass Market - Projected to Reach USD 142 Billion By 2022
DUBLIN, October 20, 2017 /PRNewswire/ --
The "Flat Glass Market - Global Forecast to 2022" report has been added to Research and Markets' offering.
The flat glass market is projected to grow from USD 92.90 Billion in 2016 to USD 142.05 Billion by 2022, at a CAGR of 7.30% during the forecast period. The growth of the market can be attributed to the high demand from the construction & infrastructure industry and emerging application industries such as automotive & transportation & solar energy. The market witnessed a significant growth in the past few years, due to the increased demand for flat glass from China, the U.S., Germany, India, Brazil, and Malaysia.
The flat glass market is segmented, based on product type, into basic float glass, toughened glass, coated glass, laminated glass, and extra clear glass. Laminated is projected to the fastest-growing segment during the forecast period. The toughened glass segment was the largest segment of the market in 2016, as toughened glass is used extensively in the construction and transportation applications.
The flat glass market is segmented by end-use industry into construction & infrastructure, automotive & transportation, solar energy, and others. The construction & infrastructure segment was the largest segment of the market in 2016, owing to the growing demand for flat glass in residential building projects, government regulations pertaining to green & sustainable buildings, and aesthetic appearance of flat glass.
The flat glass market, based on technology, is segmented into rolled, sheet, and float glass. The float glass segment was the largest segment of the market in 2016, due to the advantages of the technology, such as easy and fast processing. Furthermore, with the help of this technology, it is possible to mass produce flat glass that is perfectly smooth and has no marks.
Asia-Pacific was the largest consumer of flat glass in 2016. India and China are major markets for flat glass due to growing construction and infrastructure development activities, increasing automotive production, and rising installations of solar panels in both countries.
The demand for glass fabric or glass roving for better results is increasing, especially in emerging economies, owing to automation and shift from open mold applications to close mold applications. This may act as a restraint for the growth of the flat glass market.
Companies Mentioned
- Cardinal Glass Industries
- Central Glass
- China Glass Holdings Limited
- China Luoyang Float Glass Group Co., Ltd.
- CSG Holding Co., Ltd
- Emerge Glass India
- Euroglas Gmbh
- Fuyao Glass Industry Group
- Guardian Industries
- Gulf Glass Industries
- HNG Float Glass
- Jin Jing (Group) Co., Ltd.
- Nippon Sheet Glass (Nsg)
- Qingdao Kangdeli Industrial & Trading Co., Ltd.
- Saint-Gobain
- Others
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview
7 Flat Glass Market, By Technology
8 Flat Glass Market, By Product
9 Flat Glass Market, By End-Use Industry
10 Regional Analysis
11 Competitive Leadership
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/g4xdml/flat_glass_market
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