Press release
Construction Glass Market: Set to Explode and Reach US$ 177.1 Billion by 2032
How big is the Global Construction Glass Market?The global construction glass market size reached US$ 110.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 177.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
What is Construction Glass?
Construction glass undergoes specific manufacturing processes to enhance its strength, durability, and other properties to meet the demands of the construction industry. It comes in various forms, such as tempered glass and laminated glass, wherein tempered glass is designed to shatter into small and less harmful fragments when broken, reducing the risk of injury while laminated glass consists of multiple layers bonded together, ensuring it holds together even when shattered. It often includes coatings or tints to control solar radiation that reduces heat gain in summer and heat loss in winter, contributing to energy efficiency in buildings. It can be customized with various patterns, colors, and textures to serve decorative purposes. It enhances the aesthetics of buildings and contributes to energy efficiency. It assists in mitigating noise transmission, making buildings more comfortable for occupants. It is used in windows and building facades, as its transparency allows natural light to enter the interior spaces while providing thermal insulation and soundproofing. It can be utilized as a structural element in buildings, which involves using glass to bear structural loads of the building. It is also employed in interior design, as glass partitions, doors, and railings can create open and bright interior spaces while frosted or patterned glass adds privacy and aesthetic appeal. As it not only adds a sleek, modern look to structures but also provides strength and stability, the demand for construction glass is rising across the globe.
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Global Construction Glass Market Trends and Drivers:
Presently, as more people are migrating to urban areas, the demand for residential, commercial, and infrastructure construction is rising. This increasing construction activity is propelling the need for construction glass, particularly in modern, urban building designs that prioritize natural light and aesthetics. Besides this, construction glass plays a vital role in achieving energy efficiency in buildings. Energy-efficient glass solutions, such as Low-E glass and dynamic glazing, help reduce energy consumption by optimizing temperature control and natural light utilization. As green building practices are gaining traction, there is an increase in the demand for construction glass across the globe. In addition, government regulations worldwide are focusing on reducing energy consumption and carbon emissions, which is catalyzing the demand for energy-efficient construction materials, including glass. These regulations are driving the adoption of advanced glazing technologies to meet and exceed energy performance standards. Apart from this, the growing trend of expansive glass facades, panoramic views, and open interior spaces is leading to the rising usage of construction glass in both residential and commercial buildings. Moreover, the emphasis on safety and security in building design is leading to the incorporation of safety glass in various applications. The growing demand for tempered and laminated glasses to enhance protection against breakage and intrusions, especially for commercial and public buildings, is offering a favorable market outlook.
Global Construction Glass Market 2024-2032 Analysis and Segmentation:
Top Key Players covered in this report are: AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain S.A., Corning Incorporated, CSG Holding Co. Ltd., Guardian Industries (Koch Industries Inc.), Nippon Electric Glass Co. Ltd., PPG Industries Inc., Schott AG, Sisecam and Xinyi Glass Holdings Limited
The report segmented the market on the basis of region, product type, chemical composition, manufacturing process and application.
Breakup by Product Type:
• Special Glass
• Flat Glass
• Laminated Glass
• Toughened Glass
• Others
• Low-e Glass
• Hard Coat Low-e Glass
• Soft Coat Low-e Glass
Breakup by Chemical Composition:
• Soda-Lime
• Potash-Lime
• Potash-Lead
Breakup by Manufacturing Process:
• Float Process
• Rolled/Sheet Process
Breakup by Application:
• Non-Residential
• Residential
Breakup By Regions:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Key highlights of the report:
• Market Performance (2018-2023)
• Market Outlook (2024- 2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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