Press release
Asia-Pacific Flat Glass Market 2021 Status and Growth Outlook - AGC Inc., Nippon Sheet Glass Co. Ltd, Saint-Gobain
The Asia-Pacific Flat Glass Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Asia-Pacific Flat Glass market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Asia-Pacific Flat Glass market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Asia-Pacific Flat Glass market.“The Asia-Pacific flat glass market is estimated to witness a significant growth, at an estimated CAGR of over 9%, over the forecast period.”
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Top Leading Companies of Asia-Pacific Flat Glass Market are - AGC Inc., Nippon Sheet Glass Co. Ltd, Saint-Gobain, and SCHOTT AG and others.
Key Market Trends:
Construction Industry to Drive the Demand for Flat Glass
- The construction industry is the largest end-user segment of the market studied. Moreover, the ongoing trend of smart city projects is also anticipated to drive the flat glass demand.
- Flat glasses are made of sodium silicate and calcium silicate, and are available from 2mm to 20mm thickness ranges, for several applications. They have a weight range of 6kg/m2-36 kg/m2. These glasses are often considered as building blocks for several types of architectural and interior applications.
- Glasses are being used extensively in the construction industry, in windows, facade, doors, interior partitions, balustrades, shop fronts, and railings for stairs and balconies, among other building parts, providing potential opportunity to float glasses.
- The body-tinted float glass is a new type of glass, in which, melted colorants are added for coloring and solar-radiation absorption properties. This type of glass saves energy, reduces heat penetration into buildings, and provides a striking visual effect.
China to Dominate the Market
- In the Asia-Pacific region, China is the largest economy, in terms of GDP. China is one of the fastest emerging economies and has become one of the biggest production houses in the world, today. The country’s manufacturing sector is one of the major contributors to the country’s economy.
- The continuous improvements in economic conditions in the region have enhanced the financial status of the consumers, in turn, boosting the demand for buildings and other infrastructural activities in the country.
- China’s 13th Five Year Plan started in 2016 as it was an important year for the country’s engineering, procurement, and construction (EPC) industry. In addition to this, the country ventured into new business models domestically and internationally, during the year. Although the construction sector slowed down after 2013, it is still a major contributor to the GDP of the country.
- Moreover, restrictions on foreign investment on land development, high-end hotels, office buildings, international exhibition centers, and construction and operation of large theme parks have also been lifted. The growth in commercial and residential sectors is expected to boost the flat glass market in the country, over the forecast period.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Asia-Pacific Flat Glass Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Asia-Pacific Flat Glass Market (%),2016 - 2026
- Asia-Pacific Flat Glass Market Share, By Brand
- Asia-Pacific Flat Glass Market Share, By Company
- Asia-Pacific Flat Glass Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Asia-Pacific Flat Glass Market Value Analysis & Forecast
- Promising Asia-Pacific Flat Glass Development by Major Companies
- Detailed Asia-Pacific Flat Glass Portfolio of the Major Companies
- Major Deals in the Asia-Pacific Flat Glass Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/04061950264/asia-pacific-flat-glass-market-growth-trends-and-forecast-2020-2025?Mode=namita
We Offer Customization On Report Based On Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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