Press release
Float Glass Market Sales to Top US$ 210 Bn by 2029-end|Key Players -Saint-Gobain S.A., AGC Inc and more
Float Glass Market Forecast to 2029The global float glass market was valued at US$ 100 Bn in 2020 and is projected to exhibit a robust CAGR during the forecast period. Technological innovations by key market participants will also give impetus to the float glass market growth. Global float glass market is projected to reach US$ 210 Bn by the end of the forecast period (2019 - 2029), expanding at a strong CAGR of 7%.
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Float glass is a type of clear, smooth, and flat glass that is produced using the float glass process. In this process, molten glass is poured onto a bed of molten tin, which allows the glass to spread out evenly and form a smooth, flat surface. This type of glass is commonly used in a wide range of applications, including windows, doors, mirrors, and automotive glass.
The float glass market is expected to experience significant growth in the coming years, driven by the increasing demand for construction and automotive glass. The growing demand for energy-efficient buildings, as well as the increasing adoption of advanced technologies, such as low-emissivity and solar control coatings, are also expected to drive market growth.
Key Players-
• Saint-Gobain S.A.
• Central Glass Co. Ltd.
• AGC Inc.
• Nippon Sheet Glass Co., Ltd
• Carlex Glass America, LLC
• GUARDIAN INDUSTRIES
• Taiwan Glass Group, Ltd
• ?i?ecam Group
• Qingdao REXI Industries Co., Ltd.
• Emirates Float Glass LLC
• Arabian United Float Glass Company
• Xinyi Glass Holding Ltd.
• Vitro, S.A.B. de C.V.
• Fuyao Glass Industry Group Co. Ltd and more
One of the key trends in the float glass market is the increasing demand for high-strength glass, which is more durable and resistant to breakage than traditional float glass. This type of glass is commonly used in applications that require high levels of security, such as bulletproof windows and windshields.
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Float Glass Market Segmentation -
Float Glass Market by Glass Type
• clear glass
• tinted glass
• Textured Glass
• wired glass
• extra clear glass
Float Glass Market by Application
• Automotive
• Building & Construction
• Electronics & Appliances
• Solar Panels/Solariums
• Mirrors
Float Glass Market by Region
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa
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Another key trend in the market is the growing demand for sustainable and eco-friendly glass, which is made from recycled materials and has a lower carbon footprint. This type of glass is increasingly being used in green building projects, as it helps to reduce energy consumption and minimize the environmental impact of construction.
In conclusion, the float glass market is expected to experience significant growth in the coming years, driven by the increasing demand for construction and automotive glass. The growing demand for high-strength and sustainable glass is also expected to drive market growth.
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