Market
Research Future published a raw research report on Global Flat Glass
Market that contains the information from 2014 to 2023. Global Flat Glass
Market is expected to grow at CAGR ~8.02% from 2017 to 2023.
Flat glass
finds application in both automotive and construction of new buildings. New
buildings include both residential and commercial buildings such as apartments,
offices, retail malls, educational institutes, and hotels. The demand for flat
glass for new buildings is projected to increase with the growth of the global
construction industry during the forecast period. The interior design industry
is an important aspect of the construction industry. Interior design as a
segment is growing at a high rate globally due to higher disposable incomes and
changing lifestyles. Glass is also commonly used in furniture such as display
cases, bookcases, shelves and tabletops. Moreover, flat glass is used
in solar power plants, and for energy
conservation in residential and commercial buildings. Advanced glazing techniques can be used to reduce
the requirement for heating and cooling in buildings, helping to reduce energy
consumption in buildings.
The flat glass market is fragmented on the
basis of product type, end use industry, and technology and by region. Based on
product type, the market has been segmented as float glass, toughened glass,
coated glass, laminated glass, and others. Laminated glass is expected to be
the fastest-growing segment during the forecast period. However, toughened
glass segment was the largest segment of the market in 2016, due to its
extensive use in the construction and transportation applications. On the basis
of end-use industry, the market has been classified into construction &
infrastructure, automotive & transportation, 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. Moreover, by technology, it has been
segmented into rolled, sheet, and float glass. The float glass segment was the
largest segment of the market, due to the advantages of the technology.
Geographically, Asia Pacific was the largest consumer of flat glass. Rising
infrastructural activities, booming automobile manufacturing in the country
coupled with rising electronics market were key factors responsible for high
demand in the past few years.
Focus on
R&D for Automotive Glass
The
manufacturers of the automotive glass work hand in hand with the OEMs so as to
offer continuous innovation in the design and match the needs of the consumers.
The glass manufacturers are making heavy investments into R&D so as to
develop technology to reduce the weight of the glass to that of providing new
shapes. The glass manufacturers are investing in R&D also to gain a
competitive edge in the market while emphasizing on system integration and new
functionality that provide better features to the consumers. According to
Strategy & 2015 Global Innovation 1000 analysis, Bloomberg data, and
Capital IQ data, the total spending in automotive R&D is increased from
2007 to 2015.
The growth
of the solar energy industry in this region has fueled the demand for flat
glass in the region. India and China focusing on producing electricity through
renewable sources and increasing solar energy installations in China, Japan,
India, and other emerging countries, will boost the demand for flat glass in
future. The growing automotive production will further drive the growth of the
flat glass market in automotive industry.
Ask for your specific company profile and country level
customization on reports.
We recognize
the key players in the global flat glass market as Asahi Glass (Japan),
Saint-Gobain S.A. (France), Nippon Sheet Glass (Japan), Guardian Industries
(U.S.), and Taiwan Glass (Taiwan), Schott AG (Germany), PPG Industries, Inc.
(U.S.), Xinyi Glass (China), Nittobo (Japan), Luoyang Glass (China), Changzhou
Almaden (China), Emerge Glass (India), AviationGlass & Technology
(Netherlands), AEON Industries (China), and Suzhou Huadong Coating Glass
(China).
This
research report provides insights, on various levels of analysis such as
industry analysis, and market share analysis for the leading players along with
their profiles. It also helps in studying the target segments by providing
views on emerging & high-growth segments. The market data comprises the
basic assessment of the competitive scenarios & strategies in the global
Flat Glass market, including high-growth regions and/or countries, and
political, & economic environments. The project report, further, provides
views on both the historical market values and pricing & cost analysis.
Browse Full Report@ https://www.marketresearchfuture.com/reports/flat-glass-market-5415
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