Construction Glass Market is Forecasted to Reach US$ 153.1 Billion in 2030, Says Stratview Research

The global construction glass market is projected to witness a growth rate of 5.4% annually from 2024 to 2030, with an anticipated size of US$ 153.1 billion by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global construction glass market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2030: US$ 153.1 billion
Growth (CAGR): 5.4% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 5
Number of Tables & Graphs: 100+

Segment Insights on the Construction Glass Market:

The global Construction Glass market is segmented based on Type, Manufacturing Process type, Chemical Composition type, Application type, and Region.

Based on chemical composition type - The market is segmented into Soda-Lime, Potash-Lime and Potash-Lead. Soda-Lime holds the largest share in the chemical composition of the market during the forecast period. Soda-lime glass has gained popularity due to its being cheap and easy to make as compared to the other types of glass. Made from silica, soda ash, and lime it is cheap to manufacture and apply in almost every field from windows to kitchenware because of its clear nature and strength. They add to it by its 'recyclability' feature, as well as availability and easy accessibility of the raw materials. These factors make soda-lime glass more common than potash-lime or potash-lead glass although the latter is more expensive and less general in use.

Based on manufacturing process type - The market is segmented into Float Glass Process and Rolled/Sheet Process. Float Glass Process is said to be the largest of the market during the forecast period. The float glass process is widely used because it is capable of churning out flat glass that is of good quality, free from distortions at a cheap price. Float glass is produced by placing the molten glass on the molten tin creating large flattened sheets with excellent optical properties suitable for contemporary architectural and automotive use. Low-E glass expansions and the potential of incorporating other adequate coatings also place it in a dominant frontier. These factors of flexibility and economy place the float glass process in a better position compared to other methods such as rolled or sheet glass production.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

Asia-Pacific is the largest and fastest-growing region of the market for construction glass during the forecast period. As a result of the growth in urbanization and industrialization, especially in countries such as China, India, and Southeast Asian countries, the demand for real estate especially in residential buildings and commercial space has never been faster. This dramatic construction upsurge necessarily entails a large demand for glass specifically in windows, façade, and interior applications, and thus fuels the market. Furthermore, the development of infrastructures, smart city projects, and affordable housing also helps consumers to order construction glasses in the regions.
Due to increasing costs of energy and the growing concern on the environment, Low-E glass, and any glass with efficient heat and light transmitting features are in high demand. Technological advancement and the availability of cheap processes of production in the Asia Pacific are other reasons why the region leads in the market. It shows that local manufacturers have the ability to manufacture high-quality glass at relatively cheap prices to meet the local as well as international markets.

Construction Glass Market Drivers:
Some of the key drivers listed in the report are given below.
• Urbanization Surge - Rapid urban development boosts demand for modern architectural glass.
• Energy Efficiency Trends - Growing need for insulated and low-E glass to reduce energy consumption.
• Smart Building Technologies - Integration of smart glass in commercial buildings for dynamic lighting and privacy.
• Sustainable Construction - Green building regulations encourage the use of recyclable and eco-friendly glass materials.
• Aesthetic Demand - Rising preference for sleek, transparent facades fuels decorative and specialty glass adoption.

Top Companies in the Construction Glass Market:
Stratview Research has identified the following companies as the top market players.
• AGC Inc.
• NSG Group
• Saint-Gobain
• Guardian Industries
• Sisecam
• SCHOTT AG
• Central Glass Co.
• Vitro
• China Glass Holdings Limited
• Corning Incorporated
• Xinyi Glass Holdings Limited
Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the Construction Glass Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

This release was published on openPR.