Press release
Leading Element Driving Change in the Construction Glass Market in 2025: Increase In The Building Construction Industry Driver
Construction Glass Market
The growth of the construction glass market is anticipated to be fueled by a rise in the building construction industry. Building construction involves making additions or upgrades to a property, such as adding rooms or fixing restrooms, and is linked to the demand for construction glass since glass is often used in these engineering and architectural applications. To illustrate, in June 2022, data from Statistics Canada, a national statistical agency, showed that investment in building construction jumped by 2.7% to $20.9 billion. Industrial construction investment also saw growth in the same year, up by 1.7% to $931 million, primarily due to activity in Ontario. Meanwhile, commercial investment rose 1.5% from the previous year to total $2.9 billion in 2022. Consequently, as the building construction industry expands, so does the market for construction glass.
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How will the growth rate of the construction glass market shape industry trends by 2034?
The market size of construction glass has significantly expanded in the last few years. Its growth is projected to intensify from $121.49 billion in 2024 to $131.16 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. Factors like urbanization and infrastructure development, regulations on energy efficiency, population growth coupled with housing demand, government initiatives promoting green buildings, safety and security mandates, global economic patterns, and a surge in renovation and retrofit activities have fuelled this growth in the past.
In the upcoming years, the construction glass market is anticipated to witness robust growth, expanding to $180.61 billion by 2029 with a compound annual growth rate (CAGR) of 8.3%. Drivers of this growth in the forecast period include a consistent focus on sustainable construction and circular economy practices, increasing demand for antibacterial glass solutions, the rise in prefabricated construction techniques, development of smart cities and infrastructure, the introduction of carbon-neutral construction materials, and the need for fire-resistant glass solutions. Some of the major trends likely to be seen in this period are green construction and sustainability, the advancement of smart glass technology, coating innovations, a heightened usage of laminated glass, supply chain issues, and evolving architectural trends.
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What trends are poised to drive the future success of the construction glass market?
Leading entities in the construction glass market are producing advanced goods like low-carbon glass, in an attempt to conform to the rising demands for sustainability and to decrease the environmental consequences of construction materials. Low-carbon glass, a specially formulated type of glass, minimizes its carbon emissions during both manufacturing and implementation. For example, Saint-Gobain, a company based in France specializing in designing, manufacturing and supplying materials and solutions for construction, mobility, and industrial markets, introduced their low-carbon glass product in June 2023. The low-carbon glass item is specifically intended to make a significant impact towards lowering the overall carbon footprint of buildings. It simultaneously provides added advantages like natural illumination and thermal comfort for the inhabitants of the buildings. This product leverages innovative manufacturing techniques, using two-thirds of recycled materials and renewable energy sources such as natural gas and electricity.
Which primary segments of the construction glass market are driving growth and industry transformations?
The construction glass market size has grown strongly in recent years. It will grow from $121.49 billion in 2024 to $131.16 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to urbanization and infrastructure development, energy efficiency regulations, population growth and housing demand, government initiatives for green buildings, safety and security requirements, global economic trends, increased renovation and retrofit activities.
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Which geographical regions are pioneering growth in the construction glass market?
Asia Pacific was the largest region in the construction glass market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the construction glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the construction glass market landscape?
Major companies operating in the construction glass market are AGC Inc., Guardian Industries, Nippon Sheet Glass Co. Ltd., AJJ Glass Ltd., CSG Holding Co. Ltd., Fuyao Glass Industry Group Co. Ltd., GreyGlass Ltd., GSC Glass Ltd., Luoyang Glass Company Limited, Nippon Electric Glass Co. Ltd., NSG Group Ltd., Pilkington, PPG Industries Inc., Schott AG, Vitro Architectural Glass, Vitrum Industries Ltd., Xinyi Glass Holdings Ltd., Corning Incorporated, Owens Corning, SYP Glass Group Co. Ltd., S.A. Bendheim Ltd., Central Glass Co. Ltd., Saint-Gobain SA, JE Berkowitz LP, Architectural Glass North America, Advanced Energy Industries Inc., Cardinal Glass Industries Inc., Oldcastle BuildingEnvelope, Euroglas GmbH, Pilkington Group Limited
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What Is Covered In The Construction Glass Global Market Report?
• Market Size Forecast: Examine the construction glass market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the construction glass market for a structured understanding.
• Key Players Overview: Analyze major players in the construction glass market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the construction glass market.
• Segment Contributions: Evaluate how different segments drive overall growth in the construction glass market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the construction glass market.
• Industry Challenges: Identify potential risks and obstacles affecting the construction glass market.
• Competitive Landscape: Review strategic developments in the construction glass market, including expansions, agreements, and new product launches.
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