Press release
Flat Glass Market Booming Worldwide With Leading Key Players - Asahi India Glass Limited, Central Glass Co., Ltd, Guardian Industries Holdings, Saint Gobain
Global Flat Glass Market reached US$ 114.1 billion in 2023 and is expected to reach US$ 164.8 billion by 2031, growing with a CAGR of 4.7% during the forecast period 2024-2031.The demand for innovative flat glass products, such as low-emissivity (low-E) glass, solar control glass, and double-glazed units, is driven by modern architectural trends that prioritize energy efficiency and aesthetics. These products support green construction and environmental conservation by reducing energy consumption and enhancing building sustainability. Rapid urbanization and increased construction drive global market growth, with the Asia-Pacific region holding over one-third of the market share. Additionally, the rise in smart glasses for fitness enthusiasts, such as the Everysight Raptor and Solos Smart Glasses, is boosting market expansion in countries like the U.S. and Canada.
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Market Trends:
Investments in smart cities are driving the global flat glass market's growth, as innovative construction materials like flat glass are crucial for achieving sustainability, efficiency, and aesthetic goals. The development of smart cities, incorporating advanced technology to enhance urban living, significantly boosts demand for flat glass. For example, India's Smart Cities Mission, with a US$ 9.62 billion budget for 2023-24, has already allocated 90% of the funds, indicating strong future growth in global flat glass demand.
Segment Covered in the Flat Glass Market:
By Product: Annealed Glass, Toughened Glass, Laminated Glass, Coated Glass, Extra Clear Glass, Mirrored Glass, Patterned Glass, Others
By Technology: Float Glass, Rolled Glass, Sheet Glass
By Application: Construction & Building, Furniture, Automotive, Electronics, Solar Applications, Others
Regional Analysis:
The global Flat Glass Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Flat Glass Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Flat Glass report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Major Key Players:
• Asahi India Glass Limited
• Central Glass Co., Ltd
• Guardian Industries Holdings
• Saint Gobain
• SCHOTT Glass
• PPG Industries, Inc.
• CSG Holding Co., Ltd
• Taiwan Glass
• Duratuf Glass Industries Ltd.
• Sisecam Group
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