Construction Glass Market on Track for Strong Growth, Estimated to Grow at 8.3% CAGR Through 2029

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What Is the Expected CAGR for the Construction Glass Market Through 2025?
The robust growth in the construction glass market has been noteworthy in the past few years. The market size, which stood at $121.49 billion in 2024, is projected to escalate to $131.16 billion by 2025, recording a compound annual growth rate (CAGR) of 8.0%. Factors contributing to this growth pattern during the historical phase include urbanization and infrastructure enhancements, regulations concerning energy efficiency, population expansion and related housing necessities, governmental policies advocating for eco-friendly buildings, requirements for safety and security, concurrent global economic trends, and amplified activities of renovation and retrofitting.

What's the Projected Size of the Global Construction Glass Market by 2029?
The market size for construction glass is predicted to experience significant expansion in the coming years, with an increase to $180.61 billion in 2029, boasting a compound annual growth rate (CAGR) of 8.3%. The anticipated growth in the forthcoming period can be ascribed to perpetuated focus on green construction, adherence to circular economy concepts, rising demand for germ-resistant glass solutions, the prevalence of prefab building techniques, advancement of smart cities and infrastructure, emergence of carbon-neutral construction materials, and rising need for fire-proof glass solutions. Predominant trends expected during this forecast period encompasses the employment of green building and sustainability practices, advanced glass technology, coating innovations, augmented usage of laminated glass, challenges within the supply chain, and evolving architectural methods.

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Top Growth Drivers in the Construction Glass Industry: What's Accelerating the Market?
The escalation in the sphere of building construction is anticipated to spur the expansion of the construction glass market in the future. Building construction is the process involving the enhancement of a property through slight modifications such as room expansions or bathroom renovations. Glasses are extensively utilized in engineering for building and architectural tasks; therefore, an upsurge in building construction escalates the need for construction glasses. For example, in June 2022, as per Statistics Canada, a statistical firm based in Canada, the investments in the domain of building construction went up by 2.7% reaching $20.9 billion. Moreover, the industrial construction investment experienced a growth of 1.7%, making a total of $931 million in the same year, with Ontario being responsible for a significant part of the net increase. The commercial investment witnessed a surge of 1.5% year on year, amounting to $2.9 billion in 2022. Thus, the growth within the building construction industry is leading to the expansion of the construction glass market.

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What Trends Will Shape the Construction Glass Market Through 2029 and Beyond?
Key players in the construction glass market are introducing advanced products like low-carbon glass, to address the growing demand for sustainable solutions and minimize the environmental consequences of construction materials. Low-carbon glass is a special glass variety engineered to lessen its carbon emissions during manufacturing and application phases. For example, Saint-Gobain, a France-based firm specializing in the design, production, and supply of materials and solutions for the construction, industrial, and mobility sectors, unveiled its low-carbon glass in June 2023. The goal of this low-carbon glass production is to significantly reduce the entire carbon emissions of buildings over their lifespan, while also offering advantages like natural lighting and thermal comfort to occupants. This product leverages unique production techniques, integrating two-thirds of recycled matter and renewable energy resources such as natural gas and electricity.

What Are the Main 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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Which Top Companies are Driving Growth in the Construction Glass Market?
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

Which Regions Will Dominate the Construction Glass Market Through 2029?
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.

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