Global Flat Glass Market size was valued at US$ XX Bn in 2019 and the total revenue is expected to grow at 7.3% through 2020 to 2026, reaching nearly US$ XX Bn.
The global Flat Glass market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Flat Glass report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Flat Glass Market Overview:
Flat glass is a type of glass that is initially produced in a plane form which is used for the manufacture of various flat glass products for the building & construction, automotive, consumer goods, and solar industries. The broad range of applications ranging from building facades, windows, glass doors, car mirrors, wall mirrors, glass tabletops, transparent walls, furniture made of glass, solar panels, and windshields.
Global Flat Glass Market Dynamics:
Rapid urbanization, growing population, and government support of the construction industry are some of the major factors driving the market growth. The product used in these applications provides various advantages, such as transmission, absorption, and refraction of light; weather resistance; rust resistance; dust resistance; efficiency in terms of cost and energy; better insulation; various color options; and flexibility to be drawn into any shape are the factors expected to drive the market growth during the forecast period.
Moreover, volatile raw material prices are the major factor that hinders the flat glass market growth during the forecast period.
The economic instability because of the pandemic outbreak has also made developers, in both public and private sectors, rethink their projects as debts mount. This has created a downfall in the construction sector.
Global Flat Glass Market Segment Analysis:
By Technology, the flat glass market is segmented into the float, rolled, and sheet. Float technology segment held the largest market share in 2019 and is expected to grow at a CAGR of 6.69 % during the forecast period. The float glass method produced high-quality glass having optical clarity similar to the plate glass that can be machined, cut, edged, drilled, and polished. These all factors propel the flat glass market growth.
By Product Type, the market is segmented into simple float glass, toughened, coated, and laminated. Toughened glass segment accounted for the major market share in 2019 and is expected to grow at a rapid pace during the forecast period.
By End-Use Industry, the market is segmented into construction & infrastructure, automotive & transportation, and solar energy. Construction & infrastructure segment held the largest market share in 2019 and is expected to grow at a CAGR 6.45 % during the forecast period thanks to its wide range of functions from heat insulation to soundproofing and from safety applications to solar protection.
Global Flat Glass Market Regional Insights:
The Asia Pacific held the largest market share in 2019 thanks to growing construction & infrastructure activities, automotive production, and rising installations of solar panels in emerging economies including India and China. Asia Pacific region is the fastest-growing market of flat glass owing to the massive urbanization and demand for passenger vehicles from emerging economies in this region.The growing high-value construction projects in the GCC, mainly in Saudi Arabia, UAE, and Qatar, is likely to propel the flat glass market demand in the region and is expected to grow market growth during the forecast period 2020-2026.
Global Flat Glass Market Visit Full Report below click links : https://www.maximizemarketresearch.com/market-report/global-flat-glass-market/94540/
The objective of the report is to present a comprehensive analysis of the global Flat Glass market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
Global Flat Glass Market Scope:
Global Flat Glass Market, by Region
• North America
• Asia Pacific
• Middle East and Africa
• South America
Global Flat Glass Market Key Players
• Asahi Glass Company
• AVIC Sanxin
• AGC Flat Glass (Dalian) Co. Ltd
• China Glass Holdings Ltd
• China Southern Glass Holding Co. Ltd
• China Yaohua Glass Group Corporation
• Fu Yao Group
• Taiwan Glass Industry Corporation
• Xinyi Glass Holdings Limited
• Nippon Sheet Glass
• Guardian Industries
• Saint-Gobain Hanglass Nanjing Co. Ltd.
About Maximize Market Research:
Maximize Market Research has served esteemed clients including Yamaha, Boeing, Sensata, Etnyre, Canada, ALCOR M&A, Microsoft, Harman, and other 200 MNCs worldwide. The Company provides B2B and B2C market research on 5000 high growth emerging technologies & opportunities in Transportation, Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.We, at Maximize Market Research, are a strong unified team of industry specialists and analysts across sectors to ensure entire Industry ecosystem is taken in perspective, factoring all recent development, latest trends and futuristic – the technological impact of uniquely specific industries. In line with the agreed scope and objective of the study, our approach is uniquely custom detailed .
Maximize Market Research Pvt ltd
Phone: +91 9607195908 / +1 7747752163