United States Glass Industry Sector Growth Forecast: $379.1B by 2031 | Leading Companies - Nippon Sheet Glass, Guardian Industries, SCHOTT AG, Central Glass Co., Ltd, PPG Industries

Glass Market reached US$ 260.7 billion in 2022 and is expected to reach US$ 379.1 billion by 2031, growing with a CAGR of 4.8% during the forecast period 2025-2032.

DataM Intelligence unveils its latest report on the "Glass Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

Europe's numerous glassworks contribute around 26.7% to the global market.

A major challenge in glass recycling is that remelting-the most energy-intensive part of production-still accounts for 75% of total energy use. Although glass can be reused 12-20 times, it is often treated as single-use. Disposed glass in landfills can take up to a million years to decompose. Recycling rates vary globally, with the U.S. averaging 31.3% in 2018, compared to 74% in the EU and 76% in the UK. These factors collectively hamper the growth of the glass market.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/glass-market?kb

List of Top Key Player:

Saint-Gobain, Asahi India Glass Limited, Corning Incorporated, Nippon Sheet Glass, Guardian Industries, SCHOTT AG, Central Glass Co., Ltd, PPG Industries, Vitro S.A.B. de C.V, Cardinal Glass Industries

Industry Developments:

On August 19, 2023, the ZEvRA project (Zero Emission Electric Vehicles Enabled by Harmonised Circularity) launched with Sisecam as a partner, aiming to boost circularity in electric light-duty vehicles for a sustainable future. The EU's Horizon Europe program funded this initiative with EUR 250,000.

On March 3, 2023, Saint-Gobain became the first company globally to produce flat glass with over 30% hydrogen at its Herzogenrath factory in Germany. This innovation demonstrates the technical feasibility of hydrogen-enriched flat glass, complementing decarbonized energy and cutting the site's direct CO2 emissions (scope 1) by up to 70%.

By February 6, 2023, AGC and Saint-Gobain announced a collaboration to develop a pilot flat glass line targeting major CO2 reductions. AGC's patterned glass line in Barevka, Czech Republic, will be modernized to a hybrid system that is 50% electrified and 50% fueled by oxygen-gas mix, representing a technological leap from traditional natural gas-fired furnaces.

Forecast Projection:

The Global Glass Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Intelligence Research Process:

The Glass Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.

Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=glass-market

Key Segmentation:

Flat glass segment to capture 40.9% market share

By Type: (Flat Glass, Container Glass, Fiber Glass, Specialty Glass, Others)

By Raw Material: (Soda-Lime Glass, Borosilicate Glass, Fused Silica, Aluminosilicate Glass, Others)

By Application: (Architectural Glass, Automotive Glass, Electronics and Display Glass, Food and Beverage Packaging, Pharmaceutical Packaging, Solar Panels, Optical Glass, Others)

By End-User: (Building and Construction, Automotive, Electrical & Electronics, Packaging, Solar Energy, Aerospace, Healthcare, Others)

Global Growth Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Glass Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.

Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.

Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.

Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.

Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.

Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.

Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.

Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.

Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/glass-market?kb

FAQ's

Q1: How fast is the Glass Market expected to grow in the coming years?

A: The market is forecast to expand at a robust CAGR of 4.8% between 2025 and 2032, signaling strong global growth and investment potential.

Q2: Which regions are dominating the Glass Market and which are fastest-growing?

A: North America dominating the Glass market.

Request 2 Days Free Trials with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription?kb

Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.

Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.