Flat Glass Market Growth, Forecast & Analysis 2018-2026 By Top Players - SCHOTT North America Inc., Nippon Sheet Glass Co., CSG Architectural Glass Co., Corning Inc., Astro Cam, Sangalli Group, Dillmeir Glass Company, PPG Industries, Inc.
The market is projected to witness a considerable growth over the next eight years, owing to the growing demand for flat glass by construction, transportation, and automotive sector. These sectors are experiencing significant growth across the globe, particularly in emerging nations. Emerging nations are witnessing considerable economic growth, and they are reflecting continuous improvements in their GDP.
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Besides, increasing application in residential and commercial construction application, the accelerating demand for installation of solar energy systems is compelling market growth across the globe. Growing demand for solar panels is expected to elevate the demand for flat glass, as they are increasingly utilized in the manufacturing of solar panels.
Flat glasses are also often used for other applications such as in furniture, appliances, interior fittings and decoration, household, and electronics. They are majorly utilized for carrying out coating, lamination, painting, and tempering, among another usage.
Asia Pacific region is presumed to foresee the fastest growth and highest application, owing to the presence of developing nations India, China, Indonesia, Thailand, and Malaysia, among other Asian developing countries. These nations are observed making significant investments to improve their existing infrastructure. Moreover, these nations are witnessing rapid urbanization and industrialization, as a consequence of which they are focusing more towards the enhancement of buildings through both exterior and interior designing. The need for traditional building and construction items such as concrete, wood, and stone have been replaced by attractive glasses. These glasses are being largely utilized to enhance the floors, walkaways, washrooms, and staircase, among others.
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The increasing introduction of rules and regulations pertaining to the maintenance of buildings and related infrastructure is working in favor of the market. Hence, paving the way for increasing usage of flat glasses for thermal and solar control.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Flat Glass Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Competitive Landscape and Key Vendors
The global flat glass market is characterized by the presence of numerous well-diversified international, local and regional vendors thus, making the industry highly fragmented and competitive.
Some of the prominent players operating in the industry 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
• Syracuse Glass Company
An increasing trend of international companies shifting their manufacturing facilities to Asia Pacific region has been observed. This can be primarily attributed to the high and easy availability of low-cost unskilled and skilled workers in the region. In addition, these locations serve a strategic purpose to these companies, as their largest market lies within the APAC region so, it will become easier for them to transport products and also achieve economies of scale.
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• Basic Float
• Extra Clear
• Renewable Energy
• North America
• Latin America
• Asia Pacific
• Middle East
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