Tuesday, April 18, 2023

Flat Glass Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


Over the years, the demand for flat glass has showcased considerable growth as a result of increasing demand from architectural and automotive applications. In the last couple of decades, the world has witnessed the development of some of the biggest skyscrapers and mega projects which used flat glass on a major scale both for internal and external purposes. Further, after a long time, in 2021, the automobile industry has showcased the positive momentum in vehicle production which in turn provides a sense of relief to all the automobile suppliers including flat glass manufacturers. Besides all this, increasing investment in the solar-based renewable energy project is creating new growth opportunities for the market players.

According to UnivDatos Market Insights (UMI)โ€™ research report โ€œGlobal Flat Glass Marketโ€, the market is expected to showcase a growth of around 6% during the forecast period. A large and growing construction industry owing to increasing investment in the infrastructure sector of emerging nations, a growing population that is looking for accommodation, and rising people per capita income. Further, recovery in automobile space is increasing vehicle production thereby increasing the demand for all the components used to make a vehicle including flat glass.

๐“๐จ ๐†๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐Ÿ๐ฎ๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ - https://univdatos.com/get-a-free-sample-form-php/?product_id=30979

Based on type, the market is categorized into float glass, sheet glass, rolled glass, and others. Among these, float glass held the dominant position in the market in 2020 and is expected to retain its solid position in the market during the forecast period. This can be ascribed to the huge demand for float glass for architectural and automotive applications. Further, the float glass production process is less intricate compared to other types, as a result, it is easy for glass manufacturers to expand the production lines to meet the growing demand.

Based on application, the market is categorized into architecture, automotive, and others. Among these, the architecture category accounted for a significant share of the market and is expected to retain its market position over the forecast period. Increasing investment in the construction and infrastructure sector in emerging economies along with policies by several nations to provide houses to low-income people are some of the key factors driving the market for flat glass in architectural application.

๐“๐จ ๐†๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐Ÿ๐ฎ๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐‚๐จ๐ฉ๐ฒ - https://univdatos.com/get-a-free-sample-form-php/?product_id=30979

Asia-Pacific is expected to showcase robust growth over the forecast period

For a better understanding of the market adoption of Flat Glass, the market is analyzed based on its worldwide presence in the countries such as North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. During the forecast period, the Asia-Pacific region is likely to showcase robust demand for flat glass. This can be ascribed to the large base of the end-use consumer in the region along with the companies, especially in China which offers flat glass at a lower cost compared to international players.

According to UnivDatos Market Insights (UMI)โ€™, the key players with a considerable market share in the global flat glass market include AGC Inc., Compagnie de Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., Guardian Industries, ลžiลŸecam Group, Vitro S.A.B. de C.V., Central Glass Co. Ltd., Fuyao Glass Industry Group Co., Ltd., China Glass Holding Ltd., and Xinyi Glass Holdings Limited. These companies are taking several strategic decisions to meet the growing demand and increase their market share.

โ€œGlobal Flat Glass Marketโ€ provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitorsโ€™ capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.      By Type (Float Glass, Sheet Glass, Rolled Glass, and Others)

2.      By Application (Architecture, Automotive, and Others)

3.      By Region (North America (the United States, Canada, Rest of North America), Europe (Germany, the United Kingdom, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of APAC), and Rest of World)

4.      By Company (AGC Inc., Compagnie de Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., Guardian Industries, ลžiลŸecam Group, Vitro S.A.B. de C.V., Central Glass Co. Ltd., Fuyao Glass Industry Group Co., Ltd., China Glass Holding Ltd., and Xinyi Glass Holdings Limited)

Key questions answered in the study:

1.      What are the current and future trends of the global flat glass industry?

2.      How the industry has been evolving in terms of type and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global flat glass industry?

5.      What are the customer orientation, purchase behavior, and expectations from the global flat glass suppliers across various region and countries?

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