Flat Glass Market size worth around $140 bn by 2024

Flat Glass Market is set to exceed USD 140 billion by 2024; according to a new research report by Global Market Insights, Inc.
 

Increasing product usage in automotive production owing to surging demand for passenger car and commercial vehicles coupled with rising income level of consumers may boost flat glass market growth. The product is used in wind shields, mirror and furniture including cabinet doors and tabletops which may drive the product growth.


 

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Rise in infrastructure spending along with increase in residential and nonresidential projects towards building facades should stimulate industry growth. The types of glasses used in construction sector includes float glass, laminated glass, tinted glass, glass wool, shatterproof glass, and toughened glass. Increase in demand for energy efficient glass in architectural projects and construction due to security, safety, natural insulation, and environmental protection. Growing trends towards replacing brick, cement and granite building exteriors in residential and commercial construction is likely favor flat glass market growth.
 

Flat Glass Market

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Increasing consumer spending on renovation and reconstruction activities along with growing flat product line for energy efficiency and environmental safety mainly is likely to promote product demand. Insulating glass product was estimated at over USD 11 billion in 2016. Growing R&D investments in developing insulating glass with its advanced properties such as thermal insulation and noise control properties is likely to create opportunities in construction market.
 

Interior construction application may register significant gains at over 6.5% by 2024. It is replacing traditional interior materials such as wood and stone in the construction of glass stairs, glass bathrooms, glass floors and walkways. Ease of cleaning and low maintenance factors add to the increased demand for flat glass products in furniture applications.
 

Browse key industry insights spread across 650 pages with 1263 market data tables and 36 figures & charts from the report, “Flat Glass Market Size, By Product (Laminated, Tempered, Basic Float, Insulating), By Application (Construction {New Construction, Refurbishment, Interior Construction}, Automotive {OEM, Aftermarket}), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Netherlands, Poland, Denmark, Russia, Ukraine, Belarus, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Australia, New Zealand, Pakistan, Sri Lanka, Bangladesh, Brazil, Argentina, Saudi Arabia, UAE, Iran, Turkey, Kuwait, Qatar, Bahrain, South Africa, Egypt, Kenya), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/flat-glass-market
 

Automotive application may surpass 16.20 million tons by the end of forecast timeframe. Laminated glass is widely used in automotive as it ensures safety for the vehicle passengers. It prevents automotive deterioration by blocking UV rays and effective in noise reduction thereby driving the product growth.
 

The U.S. flat glass market share from tempered glass was valued at over USD 1.4 billion in 2016. Growing demand from residential and non-residential building mainly in U.S is likely to drive product demand in this region. Increasing number of commercial and office building along with builders shifting preferences towards glass products for superior aesthetics may stimulate industry growth. Rise in renovation and new building construction activities is likely to fuel product demand in this region.
 

Germany flat glass demand from automotive accounted at over 4.5% by 2024. Lighter glass components such as sidelights, backlights and wind shields may result in reduction of energy consumption and low CO2 emission thereby contributing towards green car concept and stimulating industry growth. Supporting government regulations regarding safety and protection of human health and excluding the product from hazard class along with availability of various manufacturers is likely to promote industry growth.
 

China flat glass market share from automotive application may exceed USD 7 billion by 2024. Increase in large scale automobile production due to availability of various manufacturers along with growing technological advancements and wide automotive distribution channel may have impact on automotive industry growth thereby stimulating market demand.
 

Central Glass, Gray Glass, Sangalli Group, Euroglas GmbH and Cardinal Glass industries are the key operating players in the flat glass market share. The industrial players collaborate with other operators to expand their business, thereby stimulating the industry growth.
 

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Flat Glass market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2013 to 2024, for the following segments:

 Flat Glass Market, By Product

  • Laminated
  • Tempered
  • Basic Float
  • Insulating
  • Others

Flat Glass Market By Application

  • Construction
    • New construction
    • Refurbishment
    • Interior construction
  • Automotive
    • OEM
    • Aftermarket
  • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Netherlands
    • Poland
    • Denmark
  • Post-Soviet
    • Russia
    • Ukraine
    • Belarus
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Thailand
    • Indonesia
    • Australia
    • New Zealand
    • Pakistan
    • Sri Lanka
    • Bangladesh
  • LATAM
  • Brazil
  • Argentina
  • MEA
    • Saudi Arabia
    • UAE
    • Iran
    • Turkey
    • Kuwait
    • Qatar
    • Oman
    • Bahrain
  • Africa
    • South Africa
    • Egypt
    • Kenya
       

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