Flat Glass Market likely to gain returns from construction space

In the latest research report by Global Market Insights, Inc., flat glass market size is likely to surpass US$170 billion by 2026.

With a lion’s share of flat glass products being deployed across the automotive and construction spheres, manufacturing of this material has surged by leaps and bounds in recent years. Considering the energy-intensive nature of glass, production of glass products underpinning the shift to energy efficiency has witnessed a notable uptick of late.

Not only has flat glass gained prominence in construction and automotive industries, but also in solar-energy applications, appliances, and urban and domestic furniture. Demand for energy-efficient glass such as lightweight galling, solar control glass will augur well for the business outlook.

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Following industry dynamics and trends may be instrumental for stakeholders in the ecosystem:

Trends: Laminated glass

Buoyed by UV control, security, sound reduction, safety, and design versatility, laminated flat glass has been spurring the trend in the industry landscape. Exceptional performance under impact has made laminated glass highly sought-after in automotive sector. It is worth noting that laminated glass has become mandatory for automotive windshields in majority of the countries globally.

Use of polyvinyl butyral (PVB) resin glue has been trending in the manufacturing of laminated glass in the wake of its high tensile strength and incredible elasticity. Notably, PVB has become popular as a pliable and tough material which wards off the windshield from breaking like ordinary glass.

Growth drivers: Construction sector

Strong demand for laminated glass in majority of the buildings in North America and Europe has brought a paradigm shift in flat glass industry. End-markets such as construction sector have attributed its strong anti-break and anti-shocking abilities as major reasons for increased traction towards laminated glass.

Owing to its sound insulation and safety features, residential sectors are notably inclined towards laminated glass. Moreover, UV control has also been one of the factors that has worked in favor of the industry. Over the years, short-wavelength UV radiation has been damaging furnishings. As such, UV-absorbing additives of flat glass have been able to protect the furnishings from harmful rays.

An upsurge in urban crime and terrorist activities has accentuated the significance of flat glass in both construction and automotive sectors. Flat glass such as the laminated glass is being innately designed to resist bomb blasts and bullets using thick or multiple layers of glass and interlayer. Industry analysis predicts thriving construction sector to underscore the growth of flat glass market.

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Challenge in the form of polycarbonate
Industry experts claim that glass may be replaced by polycarbonates in certain applications in auto sector for it has high impact resistance.

Industry players in flat glass market are eyeing to boost energy efficiency. while laminated glass such as glazing materials will be highly warranted for sunroof and windshield, tempered glass will be sought-after for side windows. Traction for laminated glass will set the tone for robust flat glass market outlook.

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.