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.
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