According to IMARC Group’s latest report, titled “Flat Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global flat glass market size reached US$ 101.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 144.2 Billion by 2027, exhibiting a growth rate (CAGR) of 5.87% during 2022-2027.
Flat glass, also known as plate or sheet glass, is produced by melting soda ash, silica, and sand into a liquid and evenly spreading it in order to obtain flat sheets of the desired thickness. It is a flexible material, despite undergoing extensive thermal and chemical reactions to ensure the toughness of the structure. Flat glass is widely utilized in manufacturing windows, doors, mirrors, solar panels, etc.
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Market Trends and Drivers:
The rising number of technological innovations, such as the preparation of insulated sheet glass using the double-glazing method, is primarily driving the flat glass market. Besides this, the expanding infrastructural projects and the renovations of existing buildings and structures are further propelling the demand for flat glass across the residential, commercial, and industrial sectors across the globe. Moreover, the launch of several initiatives by government bodies to minimize the carbon footprint of the construction sector is augmenting the market growth. In line with this, the accelerating need to replace harmful and carbon-intensive construction materials with sheet glass, which is more sustainable in nature, is acting as another significant growth-inducing factor. Additionally, the increasing popularity of solar power installations, owing to the reducing cost of solar panels, is expected to fuel the flat glass market in the coming years.
Flat Glass Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the flat glass market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
AGC Inc.Saint-GobainKoch Industries, Inc.Nippon Sheet Glass Co., LtdCentral Glass Co., Ltd.Cardinal Glass Industries, IncFuyao Glass Industry Group Co. Ltd.iecam GroupTaiwan Glass Ind CorpCSG Holding Co. LtdVitroS.A.B. de C.V.DB Glass and Shower DoorGulf Glass IndustriesKey Market Segmentation:
The report has segmented the global flat glass market on the basis of technology, product type, raw material, end-use, type, end use industry and region.
Breakup by Technology:
Float GlassSheet GlassRolled GlassBreakup by Product Type:
Basic Float GlassToughened GlassCoated GlassLaminated GlassInsulatedExtra Clear GlassOthersBreakup by Raw Material:
SandSoda AshRecycled GlassDolomiteLimestoneOthersBreakup by End-Use:
Safety and SecuritySolar ControlOthersBreakup by Type:
FabricatedNon-FabricatedBreakup by End Use Industry:
ConstructionAutomotiveSolar EnergyElectronicsOthersBreakup by Region:
Asia PacificEuropeNorth AmericaMiddle East and AfricaLatin AmericaAsk Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1496&flag=C
Key Highlights of the Report:
Market Performance (2016-2021)Market Outlook (2022-2027)Market TrendsMarket Drivers and Success FactorsImpact of COVID-19Value Chain AnalysisComprehensive mapping of the competitive landscapeIf you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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