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The value of the global flat glass market was estimated at USD 274.9 billion in 2022, and it is expected to increase to USD 418.63 billion by 2030, at a CAGR of 5.8% between 2023 and 2030.
The worldwide flat glass market is a successful business that manufactures high-quality, multipurpose glass goods. The expansion of the construction sector, the growing interest in environmentally friendly products, and the increasing prominence of solar power are all major forces propelling the market forward. Since flat glass is a key component in many building materials like windows and doors, the construction sector is seen as a major development driver for this market. In addition, flat glass solutions that provide great insulation and minimize the need for heating and cooling are becoming increasingly popular as a result of the rising need for energy-efficient buildings. While there are many factors pushing the flat glass market forward, there are also some limitations that must be taken into account. The fluctuating costs of key inputs pose a significant threat to businesses. The market's expansion could also be hampered by worries about glass's destructive effects on the environment during production and disposal.
Despite these difficulties, the flat glass sector is interesting to investors and enterprises due to a number of major trends and opportunities. Smart glass, which can alter its transparency or color in response to external stimuli like light, heat, or electricity, is one of the most fascinating emerging technologies. Increased privacy, security, and energy efficiency are just a few of the ways in which this technology is predicted to transform the automotive and construction industries. The growing need for glass in the solar energy industry represents another promising growth area for the flat glass market. As the focus of the globe moves toward renewable energy sources, the demand for solar panels—of which flat glass is an essential component—is likely to increase dramatically. Another development opportunity for the flat glass market is the increasing need for lightweight and energy-efficient glass due to the increasing popularity of electric vehicles.
Market Segmentation of the Worldwide Flat Glass Industry
When it comes to the worldwide flat glass industry, tempered glass is by far the most popular type. When regular glass is heated to a high temperature and then cooled rapidly, the result is tempered glass, a type of safety glass. This treatment makes the glass more durable and less likely to break, making it a desirable material for a wide range of uses. This development is motivated by the rising need for tempered glass in the building and automobile sectors. Because of its widespread application in building components including windows, doors, and partitions, the construction sector is the major consumer of tempered glass. Furthermore, the need for tempered glass in the automotive industry is being driven by the increased desire for lightweight, fuel-efficient automobiles.
Coated glass is the fastest-growing portion of the worldwide flat glass market. Coated glass is a variety of strengthened glass that has had a thin coating of metal or ceramic added to its surface. Solar control coatings and low-emissivity (low-e) coatings are two examples of ways to lessen a building's exposure to the sun and its subsequent heating effects. This expansion is being fueled by the rising popularity of solar energy and the need for more energy-efficient structures. Coated glass is an integral part of creating energy-efficient buildings since it requires less energy to heat and cool the inside. In addition, solar panels are becoming increasingly popular due to the growing interest in solar energy.
Market Segmentation of the Flat Glass Industry Worldwide
The building and construction industry is the clear leader in the flat glass market. The demand for flat glass in construction has skyrocketed alongside the global increase in the rate of urbanization and the building of new infrastructure. Flat glass is widely used in windows, facades, and barriers in the built environment because of its adaptability, aesthetic appeal, and energy efficiency. The demand for sustainable and environmentally friendly solutions in the building industry has increased, and flat glass meets these needs exactly. As a result, the construction industry now accounts for the majority of the global market for flat glass.
However, the flat glass business is expanding most rapidly in the automotive sector. The use of flat glass has allowed for substantial improvements in the vehicle industry in terms of design, safety, and comfort. Demand for flat glass has soared due to rising customer and regulatory expectations for increased vehicle visibility, durability, and the use of lighter materials. The increasing popularity of EVs and AVs is also a factor driving the expansion of the flat glass market in the automotive industry. Demand for flat glass used in windows, windshields, and sunroofs has increased as the number of electric vehicles on the road has grown. These elements contribute to the automobile industry's rapid expansion, giving it a promising market in which to put money.
The Most Important Developments in the Market
The adoption of smart glass, a type of flat glass whose qualities may vary in response to environmental cues like light or temperature, is on the rise. Electrochromic glass, for instance, can alter its level of transparency in response to the intensity of ambient light, and thermochromic glass can alter its hue in response to changes in temperature. Since smart glass may increase insulation and decrease the need for window coverings, it is finding widespread application in the building and transportation sectors.
The increasing popularity of green building rating systems like LEED and BREEAM has increased the need for eco-friendly construction supplies like flat glass. As a result of these regulations, structures are expected to lower their energy use and carbon footprint. Developers and building owners alike will likely increase their demand for flat glass solutions that are more energy efficient in the coming years.
Report Coverage
Global Flat Glass research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Flat Glass report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Flat Glass competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Flat Glass market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Flat Glass market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Flat Glass market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
AGC Inc. (Japan), Saint-Gobain (France), NSG Group (Japan), Guardian Industries (US), Xinyi Glass Holdings Limited (China), Nippon Sheet Glass Co., Ltd. (Japan), Central Glass Co., Ltd. (Japan), Fuyao Glass Industry Group Co., Ltd. (China), Vitro, S.A.B. de C.V. (Mexico), Corning Incorporated (US), Sisecam Group (Turkey), Schott AG (Germany), Euroglas GmbH (Germany), Asahi India Glass Ltd. (India), Pilkington Group Limited (UK), China Glass Holdings Limited (China), Taiwan Glass Ind. Corp. (Taiwan), Phoenicia Flat Glass Industries Ltd. (Israel), Gujarat Guardian Ltd. (India), Cardinal Glass Industries (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Flat Glass market based on the below-mentioned segments:
Global Flat Glass Market, By Type
Tempered glass
laminated glass
insulating glass
coated glass
others
Global Flat Glass market, By Application
Construction
automotive
solar energy
others
Global Flat Glass market, Regional Analysis
The worldwide flat glass market is a successful business that manufactures high-quality, multipurpose glass goods. The expansion of the construction sector, the growing interest in environmentally friendly products, and the increasing prominence of solar power are all major forces propelling the market forward. Since flat glass is a key component in many building materials like windows and doors, the construction sector is seen as a major development driver for this market. In addition, flat glass solutions that provide great insulation and minimize the need for heating and cooling are becoming increasingly popular as a result of the rising need for energy-efficient buildings. While there are many factors pushing the flat glass market forward, there are also some limitations that must be taken into account. The fluctuating costs of key inputs pose a significant threat to businesses. The market's expansion could also be hampered by worries about glass's destructive effects on the environment during production and disposal.
Despite these difficulties, the flat glass sector is interesting to investors and enterprises due to a number of major trends and opportunities. Smart glass, which can alter its transparency or color in response to external stimuli like light, heat, or electricity, is one of the most fascinating emerging technologies. Increased privacy, security, and energy efficiency are just a few of the ways in which this technology is predicted to transform the automotive and construction industries. The growing need for glass in the solar energy industry represents another promising growth area for the flat glass market. As the focus of the globe moves toward renewable energy sources, the demand for solar panels—of which flat glass is an essential component—is likely to increase dramatically. Another development opportunity for the flat glass market is the increasing need for lightweight and energy-efficient glass due to the increasing popularity of electric vehicles.
Market Segmentation of the Worldwide Flat Glass Industry
When it comes to the worldwide flat glass industry, tempered glass is by far the most popular type. When regular glass is heated to a high temperature and then cooled rapidly, the result is tempered glass, a type of safety glass. This treatment makes the glass more durable and less likely to break, making it a desirable material for a wide range of uses. This development is motivated by the rising need for tempered glass in the building and automobile sectors. Because of its widespread application in building components including windows, doors, and partitions, the construction sector is the major consumer of tempered glass. Furthermore, the need for tempered glass in the automotive industry is being driven by the increased desire for lightweight, fuel-efficient automobiles.
Coated glass is the fastest-growing portion of the worldwide flat glass market. Coated glass is a variety of strengthened glass that has had a thin coating of metal or ceramic added to its surface. Solar control coatings and low-emissivity (low-e) coatings are two examples of ways to lessen a building's exposure to the sun and its subsequent heating effects. This expansion is being fueled by the rising popularity of solar energy and the need for more energy-efficient structures. Coated glass is an integral part of creating energy-efficient buildings since it requires less energy to heat and cool the inside. In addition, solar panels are becoming increasingly popular due to the growing interest in solar energy.
Market Segmentation of the Flat Glass Industry Worldwide
The building and construction industry is the clear leader in the flat glass market. The demand for flat glass in construction has skyrocketed alongside the global increase in the rate of urbanization and the building of new infrastructure. Flat glass is widely used in windows, facades, and barriers in the built environment because of its adaptability, aesthetic appeal, and energy efficiency. The demand for sustainable and environmentally friendly solutions in the building industry has increased, and flat glass meets these needs exactly. As a result, the construction industry now accounts for the majority of the global market for flat glass.
However, the flat glass business is expanding most rapidly in the automotive sector. The use of flat glass has allowed for substantial improvements in the vehicle industry in terms of design, safety, and comfort. Demand for flat glass has soared due to rising customer and regulatory expectations for increased vehicle visibility, durability, and the use of lighter materials. The increasing popularity of EVs and AVs is also a factor driving the expansion of the flat glass market in the automotive industry. Demand for flat glass used in windows, windshields, and sunroofs has increased as the number of electric vehicles on the road has grown. These elements contribute to the automobile industry's rapid expansion, giving it a promising market in which to put money.
The Most Important Developments in the Market
The adoption of smart glass, a type of flat glass whose qualities may vary in response to environmental cues like light or temperature, is on the rise. Electrochromic glass, for instance, can alter its level of transparency in response to the intensity of ambient light, and thermochromic glass can alter its hue in response to changes in temperature. Since smart glass may increase insulation and decrease the need for window coverings, it is finding widespread application in the building and transportation sectors.
The increasing popularity of green building rating systems like LEED and BREEAM has increased the need for eco-friendly construction supplies like flat glass. As a result of these regulations, structures are expected to lower their energy use and carbon footprint. Developers and building owners alike will likely increase their demand for flat glass solutions that are more energy efficient in the coming years.
Report Coverage
Global Flat Glass research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Flat Glass report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Flat Glass competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Flat Glass market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | AGC Inc. (Japan), Saint-Gobain (France), NSG Group (Japan), Guardian Industries (US), Xinyi Glass Holdings Limited (China), Nippon Sheet Glass Co., Ltd. (Japan), Central Glass Co., Ltd. (Japan), Fuyao Glass Industry Group Co., Ltd. (China), Vitro, S.A.B. de C.V. (Mexico), Corning Incorporated (US), Sisecam Group (Turkey), Schott AG (Germany), Euroglas GmbH (Germany), Asahi India Glass Ltd. (India), Pilkington Group Limited (UK), China Glass Holdings Limited (China), Taiwan Glass Ind. Corp. (Taiwan), Phoenicia Flat Glass Industries Ltd. (Israel), Gujarat Guardian Ltd. (India), Cardinal Glass Industries (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Flat Glass Market from 2021 to 2030.
- Market Forecast for Flat Glass Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Flat Glass competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Flat Glass
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Flat Glass market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Flat Glass market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
AGC Inc. (Japan), Saint-Gobain (France), NSG Group (Japan), Guardian Industries (US), Xinyi Glass Holdings Limited (China), Nippon Sheet Glass Co., Ltd. (Japan), Central Glass Co., Ltd. (Japan), Fuyao Glass Industry Group Co., Ltd. (China), Vitro, S.A.B. de C.V. (Mexico), Corning Incorporated (US), Sisecam Group (Turkey), Schott AG (Germany), Euroglas GmbH (Germany), Asahi India Glass Ltd. (India), Pilkington Group Limited (UK), China Glass Holdings Limited (China), Taiwan Glass Ind. Corp. (Taiwan), Phoenicia Flat Glass Industries Ltd. (Israel), Gujarat Guardian Ltd. (India), Cardinal Glass Industries (US)
Primary Target Market
- Market Players of Flat Glass
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Flat Glass market based on the below-mentioned segments:
Global Flat Glass Market, By Type
Tempered glass
laminated glass
insulating glass
coated glass
others
Global Flat Glass market, By Application
Construction
automotive
solar energy
others
Global Flat Glass market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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