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Flat Glass Market Research Report by Product (Basic, Tempered, Laminated and Insulated), Application, Growth Analysis , Leading Players (AGC Inc, Central Glass Ltd, Cevital Group, China Glass Holding Ltd) and Forecast From 2022 to 2029
Based on previous market performance, the Flat Glass market is expected to reach USD 238.71 billion in size by 2029. With a 6.4% CAGR.Flat Glass Market Overview:
All types of glass that are produced in sheets are referred to as flat glass, including float glass, cast glass, and what is referred to as blown flat glass.
Over the forecast period, market expansion is anticipated to be fueled by the rising number of solar energy installations around the world as well as the increasing use of glass architecture in both residential and non-residential projects. The industry is expanding as a result of factors such the depletion of renewable resources, government regulations, increased environmental concerns, lower installation costs for solar energy systems, technological improvements, and rising electricity demand.
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Due to rising demand from the automotive industry, flat glass demand has increased over the past few years. The development of electric vehicles and other technological innovations, like artificial intelligence, data analytics, and robots, are boosting the global automobile industry's expansion. A major vehicle producing region worldwide, Asia Pacific accounts for about 55% of global production.
Based on our expert's analysis the players that are leading the market includes: AGC Inc, Central Glass Ltd, Cevital Group, China Glass Holding Ltd, Euroglas, Fuyao Glass Industry Group Co., Ltd, Guardian Industries, Nippon Sheet Glass Co., Ltd, Saint-Gobain and Şişecam Group. and Others.
The whole market is segmented as follows:
Flat Glass Market by Product, 2020-2029, (USD Million) (Kilotons)
Basic
Tempered
Laminated
Insulated
Flat Glass Market by Application, 2020-2029, (In USD Million) (Kilotons)
Architectural
Automotive
Industry Developments:
In August 2020 - To meet the increasing demand from the commercial, residential, and architectural application segments, Tomakk Glass Partners announced the opening of its tempered glass production facility in Shreveport, Louisiana, U.S., in August 2020. The segment of products that are laminated is primarily driven by the expanding demand for laminated glass in the automobile sector.
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Flat Glass Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Flat Glass Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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