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Flat Glass Market worth 142.05 Billion USD by 2022


(EnergyIndustry.Net, January 21, 2020 ) The report "Flat Glass Market by Technology (Float, Rolled, Sheet), Product Type(Simple Float Glass, Toughened , Coated, Laminated, Extra Clear),End-Use Industry (Construction & Infrastructure, Automotive & Transportation, Solar Energy) and Region - Global Forecast to 2022", The flat glass market is estimated 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.

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The flat glass market is driven by the increasing demand from the construction & infrastructure and automotive & transportation sectors, especially in emerging regions. With the increasing number of solar energy installations around the globe, the demand for flat glass is anticipated to increase for the manufacturing of solar panels. The growing demand for residential & commercial infrastructure and the increasing production of automobiles is also expected to drive the growth of the flat glass market in the coming years.

Toughened glass product type was the largest segment of the market in 2016.

Toughened glass has a range of applications in the construction & infrastructure, automotive, and other applications. The breaking of toughened glass results in small, regular, and typically square fragments rather than long and dangerous shards that are far more likely to lead to injuries. Toughened glass has more mechanical strength and thermal resistance than annealed glass.

Construction & infrastructure was the largest application segment of the flat glass market in 2016.

Flat glass has wide applications in the construction & infrastructure end-use industries in residential and commercial infrastructure projects. Flat glass is replacing many traditional building materials, such as wood, bricks, polycarbonates, and stones in the construction of glass stairs, glass floors, glass bathroom, partitions, glass windows, and glass walkways.

Don't miss out on business opportunities in Flat Glass Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Flat Glass Market”
72 - Market Data Tables
56 - Figures
138 - Pages

Asia-Pacific was the largest market for flat glass in 2016.

Asia-Pacific was the largest market for flat glass in 2016, owing to the high demand from the construction & infrastructure and automotive & transportation sectors. The growth of the solar energy industry in this region has fueled the demand for flat glass in the region. The increased focus of India and China on producing electricity through renewable sources and increasing solar energy installations in China, Japan, India, and other emerging countries will create boost the demand for flat glass in the coming years. The growing automotive production will further drive the growth of the flat glass market in the region.

Some of the key global players operating in the flat glass market are Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (U.S.), and Taiwan Glass (Taiwan). These players have adopted various organic and inorganic strategies in the past five years to achieve growth in the flat glass market.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh


Source: EmailWire.Com

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