Press release
Construction Glass Market Expanding Profit Pools And Strong Market Positions In The Foreseeable Future Will Pave Way For A Highly Competitive Market Structure
End-user demand for lightweight, stronger and energy-efficient glasses is continually driving the production of glasses. The construction industry continues to be a gainful market for glass manufacturers.Manufacturing of glass is hindered due to challenges faced in the acquisition of raw materials. This may be attributed to the volatile pricing structure seen in the industry.
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Apart from the conventional use of glasses in the construction industry, green building construction is driving the glass production. For instance properties like temperature control, sun protection and reduced reflection coupled with changes in consumer preference for sustainable construction are some major factors contributing towards the growth of glass sales.
Key Trends in the Construction Glass Market
With rapid urbanization and changing consumer behavior glass preference is changing. Consumers are preferring glasses that engulfs different properties and are aesthetically pleasurable. Additionally, eco-conscious consumers are opting for glasses that has undergone sustainable manufacturing processes.
For instance, consumers are opting for glasses which are energy efficient, increases the influx of natural light at the same time helps in reducing energy consumption with the help of advance glazing solution.
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Moreover, advancements such as self-cleaning glass, insulated glazing glass, sound reducing glass and solar control glass are key trends giving an additional push to the industry.
Who are the Key Manufacturers and Suppliers of Construction Glasses?
Some of the prominent players in the construction glass industry are
China Glass Holdings Limited
Asahi Glass
Saint-Gobain
S.A. BENDHEIM LTD.
AGC Glass Company Inc.
Nippon Sheet Glass Co., Ltd.
JE Berkowitz
AGNORA
Guardian Industries.
The aforementioned players are mainly relying on blend of organic and inorganic growth strategies such as product launches, acquisitions and collaborations to expand their overall market share. Other than these the construction glass segment is a highly consolidated market with big enterprises holding the majority of the global business share
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Key Segments
By Type:
Low-e glass
Special glass
By chemical composition:
Soda-Lime
Potash-Lime
Potash-Lead
By manufacturing process:
Float process
Rolled/Sheet process
By Region
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa
Apart from the conventional use of glasses in the construction industry, green building construction is driving the glass production. For instance properties like temperature control, sun protection and reduced reflection coupled with changes in consumer preference for sustainable construction are some major factors contributing towards the growth of glass sales.
For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=6028
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