Panel Glass Market Outlook to 2026: Emerging Trends and Growth Opportunities Status with Analysis & Forecast- Asahi Glass, Saint-Gobain, Nippon Sheet Glass, Guardian Industries

Panel Glass Market Snapshot:

The global panel glass market is expected to grow at a significant rate during the forecast period of 2019–2026.

Global Panel Glass Sales Market 2019 by key players, regions, type, and application, forecast to 2025. Panel Glass Sales Market Report contains a forecast of 2019 and ending 2026 with a host of metrics like supply-demand ratio, Panel Glass Sales Market frequency, dominant players of Panel Glass Sales Market, driving factors, restraints, and challenges. The report also contains market revenue, sales, Panel Glass Sales production and manufacturing cost that could help you get a better view of the market. The report focuses on the key global Panel Glass Sales manufacturers, to define, describe and analyze the sales volume, value, market competition landscape, market share, SWOT analysis and development plans in future years.

Panel glass market is expected to grow owing to increase in construction activities, rising investments in infrastructure developments from the government as well as from private and international investors in developed and developing markets and rising production of automotive. There has been a substantial rise in restoration activities and in renovation of both private and public properties which is expected to increase the sales of panel glass as the existing structures are less energy efficient. Additionally, there has been a rise in demand for solar panels, photovoltaic and e-glass modules owing to increase in requirement of clean energy due to rising awareness in controlling pollution is expected to propel this market. For instance, installation of photovoltaic capacities for solar power were comparatively greater than installations for any other power source. Moreover, According to United Nations Environment Programme, around 98 Giga Watts of power generation capacity was added globally in the year 2017 and the power generated by solar energy was around 2% of the global power output.

Additionally, the automotive industry too has been witnessing significant growth owing to increase in the number of production and selling of vehicles. According to Organisation Internationale des Constructeurs d’Automobiles, in the year 2017, the total number of vehicles sold were around 97 million. These factors are expected to provide significant boost to panel glass market.

Asia Pacific market is expected to witness exceptional growth in panel glass market. This is owed to factors such as increase in activities related to construction and automotive in which panel glass is used to either provide aesthetic value to the building or to the automobile. India’s construction market is expected to grow significantly owing to various schemes such as affordable housing loans for populations below a certain level of income. Additionally, there have been investments of up to USD 1trillion from 2012–2017 in various infrastructure projects in India. Moreover, China too has been registering significant growth in construction sector owing to increasing population and rising disposable income. According to India Brand Equity Foundation, China also boasts of consuming highest number of vehicles, with the total number of vehicles sold in China standing at around 27 million units in 2017. Japan and India too registered impressive numbers of 5 million and 4 million units of vehicles sold in the same year.

Toughened glass segment too is expected to witness considerable growth owing to its high durability. However, it cannot be re-cut and re-shaped after toughening, and this can slow down the growth of this segment. Infrastructure & construction segment is expected to dominate the market followed by transportation and automotive segment. This is owed to factors such as increase in demand for affordable yet energy efficient housing and increase in global trading which has given rise to the need of transportation.

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The Major Prominent Players Covered in this Report:
Asahi Glass, Saint-Gobain, Nippon Sheet Glass, Guardian Industries, Taiwan Glass, Central Glass, Sisecam Group, Vitro S.A.B. de C.V., CSG Holding Co., Ltd., Fuyao Glass Industry Group, China Glass Holdings Limited, Xinyi Glass Holdings Limited, Cardinal Glass Industries, Euroglas GmbH, China Luoyang Float Glass Group, Trulite Glass & Aluminum Solutions, and Schott AG, Scheuten Glass Holding B.V.

By Technology,Sheet, Rolled, Float,
By application, Solar Energy, Transportation & Automotive, Infrastructure & Construction, Others,
By product type, Toughened Glass, Laminated Glass, Basic Float Glass, Extra Clear Glass, Coated glass, Others

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Panel Glass in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Panel Glass market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Panel Glass and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Panel Glass. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Key Questions Answered in The Report:
What will the Panel Glass market growth rate?
What are the key factors driving the global Panel Glass market?
Who are the key manufacturers in the Panel Glass market space?
What are the market opportunities, market risk, and market overview of the Panel Glass market?
What are sales, revenue, and price analysis of top manufacturers of the Panel Glass market?
Who are the distributors, traders, and dealers of the Panel Glass market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Panel Glass Industry?
What are sales, revenue, and price analysis by regions of Panel Glass industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Panel Glass Market Trends:
- The report identifies, determines, and forecasts the Global Panel Glass Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Panel Glass Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Panel Glass Market.

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