Press release
Construction Glass Market 2023 - Growth Drivers, Latest Trends, Market Size, Industry Insights And Forecast To 2032
Construction Glass Market Analysis
The Business Research Company's Construction Glass Global Market Report 2023 identifies an increase in the building construction industry as the major driver for the construction glass market's growth in the forecast period. Building construction refers to the procedure of adding structure to a property with minor upgrades, such as room additions or restroom repairs. Glasses are used in engineering for building and architectural applications; as a result, increasing building construction increases the demand for construction glasses.
The global construction glass market size is expected to grow from $104.28 billion in 2022 to $112.91 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The construction glass market size is expected to grow to $152.36 billion in 2027 at a CAGR of 7.8%.
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Major competitors in the construction glass market are AGC Inc., Central Glass Co. Ltd., China Glass Holdings Limited, Guardian Glass, Nippon Sheet Glass Co. Ltd., Schott AG, Xinyi Glass Holdings Limited.
A key trend in the construction glass market includes technological advancement. Major players operating in the market are developing products with advanced technologies to sustain their position in the construction glass market, such as NSG Purity. For instance, in June 2021, Nippon Sheet Glass Co. Ltd., a Japan-based glass manufacturing company, launched NSG Purity. This product represents the development of new technology and the introduction of newly developed antibacterial and antiviral-coated glass in response to rising interest in antiviral materials in the context of the worldwide pandemic. The new antibacterial and antiviral coated glass, NSG Purity, is based on the Group's exclusive sol-gel technology.
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https://www.thebusinessresearchcompany.com/report/construction-glass-global-market-report
The construction glass market is segmented -
1) By Product Type: Special Glass, Low-E Glass
2) By Chemical Composition: Soda-Lime, Potash-Lime, Potash-Lead
3) By Manufacturing Process: Float Process, Rolled Or Sheet Process
4) By Application: Non-Residential, Residential
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the construction glass market.
The Business Research Company's "Global Construction Glass Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Construction Glass Market Include:
1. Executive Summary
2. Construction Glass Market Characteristics
3. Construction Glass Market Trends And Strategies
4. Construction Glass Market - Macro Economic Scenario
5. Construction Glass Market Size And Growth
…….
26. Africa Construction Glass Market
27. Construction Glass Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Construction Glass Market
29. Construction Glass Market Future Outlook and Potential Analysis
30. Appendix
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