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Flat Glass Market - Expectation Surges with Rising Demand and Changing Trends including Key Players: Saint Gobain S.A, Xinyi Automobile Glass (Shenzhen) Co. Ltd, SCHOTT North America Inc, Nippon Sheet Glass Co. Ltd, Asahi Glass Co. etc.

10-30-2018 09:43 AM CET | Industry, Real Estate & Construction

Press release from: Polaris Market Research & Consulting

Flat Glass Market

Flat Glass Market

This report presents the worldwide flat glass market size (value, production and consumption), splits the breakdown (data status 2012-2017 and forecast to 2026), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The global flat glass market is anticipated to reach USD 139.80 billion by 2026 according to a new study published by Polaris Market Research.

The global flat glass market is anticipated to reach USD 139.80 by 2026. The market is primarily driven by the increasing demand and application of flat glasses in the construction and automotive industry. These glasses are generally installed on the windows and windshields of a vehicle. Furthermore, they are largely utilized in photovoltaic, concentrated solar power system and a thermal collector which are expected to strongly favor the market growth.

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Besides, booming automobile industry, the government sector is also anticipated to support the market growth. This is primarily due to the growing expenditure by public or government sector on infrastructural projects to promote the country’s growth. This scenario is quite common in developing nations.

A large chunk of market share is taken by construction application and is projected to foresee significant growth at a CAGR of xx% over the forecast period. The key products generating industry growth and facilitating housing expansion are tempered and Basic float glass. Both of these glasses can be applied to the interior as well as exterior structures to avoid fragility and improve aesthetic importance.

The flat glass industry is highly fragmented, with the presence of numerous industry players. Thus, elevating the competitiveness of the market. Saint Gobain S.A., Xinyi Automobile Glass (Shenzhen) Co., Ltd., SCHOTT North America, Inc., Nippon Sheet Glass Co., Ltd, Asahi Glass Co. Ltd, CSG Architectural Glass Co., Ltd., and Corning Inc. are the noteworthy industry player. Some other prominent players are Astro Cam, Sangalli Group, Dillmeir Glass Company, PPG Industries, Inc., Cardinal Glass Industries, and Syracuse Glass Company, among others.

Flat Glass Market possess vast opportunities relating to the key metric performances such as noise control, fire protection, neutrality, self-cleaning and energy saving, among others. Moreover, the property of these glasses is ideal for construction applications. The trends of the Flat Glass Market can be affected by raw materials, limestone, soda ash, and sand. In the manufacturing process, the cost structure is deterred largely by two elements- raw materials and energy.

The growth of regional markets such as North America will be favored by the rising preference and product expansion towards laminated products. As per data released by industry associations, about 1.1 million ton was consumed by the European automobile industry in 2015. This can be attributed to the positive outlook of the construction sector in France, Germany, and the UK. Moreover, the European region is witnessing high demand for laminated and tempered products. In APAC, China’s flat glass market is significantly increasing. While on the other hand the Brazilian market being both the importer and exporter is much indulged towards the domestic market. Furthermore, the demand in East and West, as well as South Africa, is significantly affected by the construction sector.

Some of the leading industry participants currently operating in the industry include are Saint Gobain S.A., Xinyi Automobile Glass (Shenzhen) Co., Ltd., SCHOTT North America, Inc., Nippon Sheet Glass Co., Ltd, Asahi Glass Co. Ltd, CSG Architectural Glass Co., Ltd., Corning Inc., Astro Cam, Sangalli Group, Dillmeir Glass Company, PPG Industries, Inc., Cardinal Glass Industries, and Syracuse Glass Company, among others. The industry highly fragmented, due to the presence of a large number of regional, local and international vendors.

Don’t miss out on business opportunities in flat glass market. Speak to our analyst and gain crucial industry insights that will help your business grow: http://bit.ly/2qjGylk

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: neel@polarismarketresearch.com
Web: www.polarismarketresearch.com

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