Press release
Global Construction Glass Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
Construction Glass
What Is the Construction Glass Market Size and Projected Growth Rate?
The market size of construction glass has witnessed substantial enhancement in the past few years. The market is projected to expand from $121.49 billion in 2024 to $131.16 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.0%. The historical growth has been driven by factors such as urbanization and infrastructural advancements, regulations for energy efficiency, population surge and consequent demand for housing, governmental initiatives promoting green buildings, safety and security necessities, global economic patterns, and a rise in renovation and retrofit projects.
In the coming years, the construction glass market size is predicted to witness robust growth. It is projected to increase to $180.61 billion by 2029 at an 8.3% compound annual growth rate (CAGR). The expected growth in the forecast period can be associated with ongoing commitment to sustainable construction, adherence to the circular economy concepts, the need for antibacterial glass solutions, the rise in pre-engineered building methods, the growth of smart cities and infrastructure development, the introduction of carbon-neutral building materials, and the demand for fire-proof glass solutions. Key trends during the forecast period include ecological building and sustainability, advanced glass technology, breakthroughs in coatings, augmented use of laminated glass, supply chain difficulties, and evolving architectural trends.
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What Are the Major Segments in the Construction Glass Market?
The construction glass market covered in this report 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
Subsegments:
1) By Special Glass: Laminated Glass, Tempered Glass, Bulletproof Glass, Decorative Glass
2) By Low-E Glass: Soft Coat Low-E Glass, Hard Coat Low-E Glass
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What Are The Driving Construction Glass Market Evolution?
The uptick in the building construction industry is anticipated to drive the expansion of the construction glass market. Building construction involves the process of making small additions or modifications to a property, this includes adding new rooms or conducting restroom overhauls. The requirement of glass for engineering and architectural uses in building construction enhances the demand for construction glasses. Specifically, in June 2022, revealed by Statistics Canada, a national statistical institution in Canada, there was a 2.7% increase in building construction investments, totaling $20.9 billion. Moreover, a 1.7% rise to a $931 million investment was observed in industrial construction in that year, primarily driven by Ontario. Investments in commercials saw a year-over-year increase of 1.5% amounting to $2.9 billion in 2022. Consequently, the surge in the building construction sector is fueling the expansion of the construction glass market.
Which Firms Dominate The Construction Glass Market Segments?
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
What Trends Are Expected to Dominate the Construction Glass Market in the Next 5 Years?
Firms that hold significant presence in the construction glass industry are introducing superior products, such as low-carbon glass, in response to the growing demand for sustainable materials and to lessen the environmental harm of building components. Low-carbon glass is tailored to minimize its carbon emissions during manufacturing and operation. For example, Saint-Gobain, a corporation headquartered in France that concentrates on engineering, manufacturing, and supplying materials and solutions for construction, mobility, and industrial sectors, unveiled its low-carbon glass product in June 2023. The introduction of this low-carbon glass product is aimed at markedly facilitating the reduction of the overall carbon emission of buildings. Moreover, it offers advantages like natural daylight and thermal ease to inhabitants. This exceptional product employs groundbreaking production techniques incorporating two-thirds of recycled components and utilizes green energy sources like natural gas and electricity.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Construction Glass Market?
2. What is the CAGR expected in the Construction Glass Market?
3. What Are the Key Innovations Transforming the Construction Glass Industry?
4. Which Region Is Leading the Construction Glass Market?
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