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)’ research report “Global Flat Glass Market”,
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.
𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - 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.
𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - 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)’,
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, Şişecam 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.
“Global Flat Glass
Market” 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 competitors’ 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, Şişecam 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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