Float Glass Market 2021 Global Industry Size, Demand, Growth Analysis, Share, Revenue, Manufacturers and Forecast 2027

The Global Float Glass Market Report Forecast 2021 - 2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Float Glass market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

In 2020, the global Float Glass market size was US$ 21740 million and it is expected to reach US$ 31020 million by the end of 2027, with a CAGR of 5.2% during 2021-2027.

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Top Key Players in the Global Float Glass Market: NSG Group, Xinyi Glass, Kibing-Glass, AGC, Guardian, Saint Gobain, Cardinal, Vitro(PPG), Sisecam, Central Glass, China Southern Glass, China Glass Holdings, Taiwan Glass, Luoyang Glass, Jinjing Group, SYP, Fuyao Group, Qinhuangdao Yaohua, Sanxia New Material, Lihu Group, Jingniu Group, Shahe Glass Group

Market Overview:

Float glass is a sheet of glass made by floating molten glass on a bed of molten metal, typically tin, although lead and various low melting point alloys were used in the past. This method gives the sheet uniform thickness and very flat surfaces. Most float glass is soda-lime glass, but relatively minor quantities of specialty borosilicate and flat panel display glass are also produced using the float glass process.
The industry's main producers are NSG Group, Xinyi Glass and Kibing-Glass, which together account for 22% of revenues. By region, the Asia-Pacific region has the highest share of income, at more than 55 percent.

Market Segmentation:

By Type:

Thickness below 1mm
Thickness: 1 mm-2 mm
Thickness: 2 mm-5 mm
Thickness: Above 5mm

By Application:

Architectural Industry
Automotive Industry
Others

Regional Analysis:

The report offers an in-depth assessment of the growth and other aspects of the Float Glass market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Asia-Pacific to Dominate the Market

- The Asia-Pacific region is expected to dominate the market for float glass during the forecast period. In countries like China and India, owing to an increase in the demand for float glass from various applications in construction and building, automotive and solar cells, the need for float glass is increasing.
- The Asia Pacific construction sector has witnessed steady growth in the recent past, owing to the presence of fast-growing economies, rapid urbanization, and rising infrastructure spending. The increasing presence of foreign companies in the Asia-Pacific region has also created the demand for the construction of new offices, buildings, production houses, etc., thereby driving the growth of the construction sector in the region and consequently stimulating the float glass market in the region.
- Additionally, growing environmental concerns regarding global warming are likely to boost the demand for float glass as it helps in achieving Leadership in Energy and Environmental Design (LEED) certificate for residential and commercial buildings. Also, rising consumer awareness about safety in buildings and emphasis on following building codes issued by the government is expected to increase the demand for float glass further.
- According to the Indian Brand Equity Foundation (IBEF), the Indian real estate industry is likely to reach USD 1 trillion by 2030 and may contribute approximately 13% to the countrys GDP by 2025. This is likely to increase the demand for float glass and propel its market in the region.
- The higher government efforts to boost spending on infrastructure are likely to drive the value of the Chinese construction industry to USD 4.1 trillion by 2023. Hence, the demand for float glass is expected to increase in China, stimulating its market during the forecast period.

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Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Float Glass Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Float Glass Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics, and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The global Float Glass market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Covid-19 Impact Analysis:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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