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Construction Glass Market Share Sales, Production, And Cost Forecasting

03-17-2020 02:39 PM CET | Industry, Real Estate & Construction

Press release from: allied market research

Construction Glass Market Share Sales, Production, And Cost

Construction glass is used extensively in residential and nonresidential buildings. Nonresidential construction segment accounted for the largest share of more than 64% in 2015, owing to increase in construction activities of green buildings and various government regulations related to energy-efficient buildings.

Construction Glass Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $121,877 Million by 2022, registering a CAGR of 7.1% during the period 2016-2022. Asia-Pacific generated the highest revenue in 2015 and is expected to maintain its lead, followed by Europe and North America.

Major types of construction glass products included in the report are Low-E glass and special glass. Special glass constituted the highest market share over 69% in 2015 and is estimated to reach $83,093 million by 2022, growing at a CAGR of 6.8% from 2016 to 2022.

Download Sample Report:https://www.alliedmarketresearch.com/request-sample/1928

This is attributed to enhanced features such as safety of home from external environmental hazards such as protection from UV rays and noise pollution. Low-e glass is estimated to reach $38,784 million by 2022, registering a CAGR of 7.8%.

Asia-Pacific accounted for the maximum market share in 2015, and is expected to maintain its lead throughout the forecast period. This is attributed to stringent government regulations related to energy efficiency and infrastructural developments. Moreover, increased adoption of construction glass in developing countries such as India, Thailand, and Malaysia supplemented the market growth.

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Key Findings of the Construction Glass Market:
o In 2015, special glass accounted for the maximum revenue, and is projected to grow at a CAGR of 6.8% during the forecast period.
o Nonresidential application segment is expected to grow at a highest CAGR of 7.4% during the forecast period.
o China is the major shareholder in the Asia-Pacific construction glass market, accounting for around 44% share in 2015.

The major players profiled in this report include Compagnie de Saint-Gobain S.A., Asahi Glass Co. Ltd., PPG Industries, Inc., Nippon Sheet Glass Co. Ltd., Xinyl Glass Holdings Limited., Central Glass Co., Ltd., China Glass Holdings Limited, Guardian Industries Corp., Schott AG, and Sisecam Group.

Access Full Report:https://www.alliedmarketresearch.com/construction-glass-market

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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