Decorative Glass Market Demand, Scope, Global Opportunities, Challenges and Key Players by 2030

𝐃𝐞𝐜𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐆𝐥𝐚𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

In terms of value, the global decorative glass market is anticipated to expand at a CAGR of ~5% from 2020 to 2030. Decorative glass is often used in interiors of hotels, restaurants, and homes. Decorative glass is also employed in decorative floors, fountains & waterfalls, walls, glass skylights, suspended glass ceilings, decorative windows, and glass dividers. The application of decorative glass in the residential sector helps create a comfortable and safe living space. Thus, decorative glass is often used to cut down on heat and glare, filter out external noise, increase natural lighting, provide security, or improve décor. It is employed in various residential applications, including doors, windows, partitions, shelves, cabinets, staircases, and balconies.

𝐕𝐢𝐞𝐰 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/decorative-glass-market.html

𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐆𝐥𝐚𝐬𝐬 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐭𝐨 𝐇𝐚𝐦𝐩𝐞𝐫 𝐃𝐞𝐜𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐆𝐥𝐚𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Glass manufacturing is a high-temperature and energy-intensive activity, leading to the emission of combustion by-products (sulfur dioxide, carbon dioxide, and nitrogen oxides) and high-temperature oxidation of atmospheric nitrogen. Glass manufacturing is, thus a significant emitter of greenhouse gases (GHG), particularly carbon dioxide (CO2). The production of 1 kg of glass in a gas-fired furnace generates approximately 0.6 kg CO2; of this, 0.45 kg arises from fossil fuel combustion and 0.15 kg from dissociation of carbonate raw material (CaCO3 and dolomite) used in the batch. The GHG production is directly linked with the type of glass, the type of fossil fuel used, process energy efficiency, and the use of recycled glass or cullet. Furnace emissions also contain particulate matter (PM) and may contain low levels of metals, such as lead and cadmium. Other metals, including arsenic, are found in some special glass. Melting furnaces contribute between 80% and 90% of total pollutant emissions to air from a glass production facility. Therefore, environmental effects caused by glass production are estimated to hamper the global decorative glass market.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=68738

The glass manufacturing industry has higher average incidence of injury or illness than any other manufacturing sector. For instance, in the U.K., the rate of injuries in each of the glass industries is higher than the overall rate for "manufacturing" and higher than the combined rate for all industries.

𝐒𝐢𝐧𝐠𝐥𝐞 𝐆𝐥𝐚𝐬𝐬 𝐭𝐨 𝐎𝐟𝐟𝐞𝐫 𝐋𝐮𝐜𝐫𝐚𝐭𝐢𝐯𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐃𝐞𝐜𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐆𝐥𝐚𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of product, the global decorative glass market has been divided into single glass (colored, scattered, printed, and coated) and laminated glass (interlayer film [polyvinyl butyral], ethylene-vinyl acetate, thermoplastic polyurethane, polyester, and others). Single glass is projected to be a highly lucrative segment of the global decorative glass market during the forecast period. It is likely to expand at a CAGR of 5% from 2020 to 2030. Single glass has a smooth and durable surface that provides supreme surface finish. It is suitable for usage in a wide range of domestic and commercial applications, including kitchen & bathroom splashbacks, furniture, kitchen cupboards, doors, displays & balustrades, and windows.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=68738

𝐖𝐢𝐧𝐝𝐨𝐰𝐬 𝐭𝐨 𝐛𝐞 𝐊𝐞𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐃𝐞𝐜𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐆𝐥𝐚𝐬𝐬

In terms of application, the global decorative glass market has been segregated into partitions, stairs, wall cladding, windows, and others. The windows segment is anticipated to dominate the global decorative glass market during the forecast period. The windows segment accounted for a major share of the global decorative glass market in 2019. In terms of volume, the segment is anticipated to expand significantly during the forecast period. The segment is projected to account for more than 25% share of the global decorative glass market by 2030. This is estimated to boost the global decorative glass market in the near future.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=68738

𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐃𝐞𝐜𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐆𝐥𝐚𝐬𝐬 𝐟𝐫𝐨𝐦 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐒𝐞𝐜𝐭𝐨𝐫

In terms of end use, the global decorative glass market has been divided into residential and commercial (offices, malls, hotels & restaurants, casinos, and others). The residential segment is anticipated to dominate the global decorative glass market during the forecast period. The segment is projected to account for more than 60% share of the global decorative glass market by 2030. The high share of the segment can be ascribed to rise in demand for better esthetics in the residential sector and high spending power of consumers in developing and developed countries.

𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐭𝐨 𝐛𝐞 𝐋𝐮𝐜𝐫𝐚𝐭𝐢𝐯𝐞 𝐑𝐞𝐠𝐢𝐨𝐧 𝐨𝐟 𝐃𝐞𝐜𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐆𝐥𝐚𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Based on region, the global decorative glass market has been split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominated the global decorative glass market in 2019. The trend is projected to continue during the forecast period. The demand for decorative glass is high in Asia Pacific, particularly in China, owing to increase in use of decorative glass in building & construction industry in the region. China is a prominent consumer of decorative glass in Asia Pacific. The expansion of the building & construction industry is a major factor propelling the decorative glass market in the country.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 𝐨𝐟 𝐃𝐞𝐜𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐆𝐥𝐚𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

The global decorative glass market is highly fragmented. Compagnie de Saint-Gobain SA, AGC Inc., Nippon Sheet Glass Co., Ltd., SCHOTT AG, and Taiwan Glass Industry Corp. cumulatively held more than 40% share of the global decorative glass market in 2019. Leading players have taken initiatives to expand their presence in the global decorative glass market through acquisitions, increase in production capacities, and strategic partnerships.

Other key manufacturers operating in the global decorative glass market are RSL Inc., Bendheim, Guardian Glass LLC, ALUMCO LLC, Qingdao REXI Industries Co., Ltd, Glass Unlimited, NAM HENG GLASS GROUP, AVIC Sanxin Co., Ltd., Ginde Glass Co., LTD, and Noval Glass.

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

Rohit Bhisey
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