Flat Glass Processing Machinery Market to Hit 4.37% to 2021: Growth Analysis, Company Profiles & Trends

Market Research Report on Global Flat Glass Processing Machinery Market is a professional and in-depth research report. The Report include basic information like definitions, classifications, applications and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on. The Report Spread Across 96 Pages with Tables and Figures in It.

The Report Announces the Publication of its Research Report – Global Flat Glass Processing Machinery Market 2017-2021

Marketsizeforecasters.com adds new global flat glass processing machinery market report that lists top active companies as Biesse, Bottero, CMS Glass Machinery, Conzzeta, Glaston, and HEGLA.

Global Flat Glass Processing Machinery Market Other Prominent Vendors in the market are: BENTELER International, Zhongshan Deway Machinery Manufacture, IGE Glass Technologies, LandGlass, LiSEC, Shenzhen Handong Glass Machinery, Siemens, and SK Glass Machines.

The Report analysts forecast the global flat glass processing machinery market to grow at a CAGR of 4.37% during the period 2017-2021.

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Commenting on the Global Flat Glass Processing Machinery Market report, an analyst said: One trend in market is introduction of solar control and lightweight glasses. The global glass market is witnessing the growing use of solar control and lightweight glasses in buildings and motor vehicles worldwide. Solar control glass not only adds to the aesthetics of a building but also minimizes energy costs by reducing the need for air-conditioning systems. In regions that have hot climatic conditions, the use of such glasses in buildings helps reduce solar heat gain and control glare. In regions with temperate climate, this type of glass aids in solar control and balances natural light. Thus, such functionalities are propelling the demand for solar control glass worldwide, which, in turn, is expected to contribute to the global flat glass processing machinery market during the forecast period.

According to the Global Flat Glass Processing Machinery Market report, one driver in market is need for energy-efficient glass manufacturing. During 1990-2015, the demand for glass has been increasing at a higher rate than the global GDP, at a current rate of approximately 4% YoY. This energy-intensive industry that consumes around 0.5-0.8 EJ of energy worldwide besides releasing carbon emissions of 50-60 Mt CO? per year in the production of container and flat glass amplifies the need for the adoption of energy-efficient solutions. The optimistic possibility of improving energy efficiency in glass manufacturing by more than 35% in industrialized countries and approximately 40% in developing ones is driving the market. These figures could cumulatively translate into an energy-saving potential of about 0.6 EJ/year, thus underscoring the burning need to adopt energy-efficient technologies.

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Further, the Global Flat Glass Processing Machinery Market report states that one challenge in market is capital-intensive market. There is a considerable increase in the capital needed by glass processing machinery manufacturers to offer advanced machinery in the market. The manufacturing of glass processing machinery requires raw materials like brass, steel, aluminum, iron, titanium, stainless steel, copper, and other alloys.

The inclusion of these materials constitute approximately 47% of the overall machinery manufacturing expenses, whereas labor expenses are up to 28%. Fluctuating raw material prices disrupt the pricing strategy of glass processing machinery manufacturers. In addition, the necessity to train the workforce increases the cost to the company. Manufacturers also incur additional costs when hiring consultants or design specialists. All these factors add to the manufacturing costs, thus affecting the growth of the global flat glass processing machinery market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The Global Flat Glass Processing Machinery Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Browse full table of contents and data tables For Global Flat Glass Processing Machinery Market Report @ https://marketsizeforecasters.com/global-flat-glass-processing-machinery-market

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