What is Flat Glass Market Scope?
Flat glass is a type of glass, which initially is produced in plane or sheet or flat form, and are commonly used in the windows, doors, walls which are transparent, and windscreens. They are also used for modern infrastructure and automotive applications, these flat glasses are occasionally bent after the production of the plane or flat sheet. The flat glass contains the content of higher magnesium oxide and sodium oxide compared to container glass. Increasing demand for photovoltaic modules will give rise and demand for clean energy and will drive market growth in the forecasted year.
Influencing Trend:
Acceptance of Low-E Glass Usage in Flat Glass and Adoption of New Technological Advancements in Flat Glass
Market Growth Drivers:
Rising Demand from Construction & Infrastructure Industry Globally and Increasing Penetration of Flat Glass in Passenger Cars, Buses, and Trains
Challenges:
An Issue with Weak Supply Chain Management of Flat Glass and Issue Related with Energy-Efficient Manufacturing Process
Restraints:
Stringent Government Regulations on Carbon Dioxide Emission and Lack of Logistics and Volatile Raw Material Prices
Opportunities:
Growing Demand for Green Buildings in both Developed and Developing Nations and Investment in Infrastructure Projects in Developing Economies
The Flat Glass market study is being classified by Type (Coated Flat Glass, Uncoated Flat Glass, Insulated Glass, Tempered Glass, Laminated Glass and Other), by Application and major geographies with country level break-up.
The flat glass market is highly fragmented with the top players constituting more than half the market share. Dynamic shifts in the product standards, like lightweight, and non-fragile nature are driving the flat glass manufacturers to incorporate the latest technological innovative methods. Analysts at AMA predicts that Vendors from Global will contribute to the maximum growth of Global Flat Glass market throughout the predicted period.
Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (United States), Taiwan Glass Ind. Corp. (Taiwan), China Glass Holdings Limited (Hong Kong), Trulite Glass & Aluminum Solutions (United States), PPG Industries, Inc. (United States), Cardinal Glass Industries, Inc. (United States) and Independent Glass Co. Ltd (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Xinyi Glass Holdings Limited (Hong Kong) and AGC Flat Glass (Dalian) Co. Ltd. (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Flat Glass market by Type, Application and Region.
On the basis of geography, the market of Flat Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In April 2019, PPG completed the acquisition of automotive coatings manufacturer Hemmelrath. This company manufacturers coating for automotive original equipment manufacturers (OEMs). Hemmelrath supplies automotive plants worldwide, and more than 7 million vehicles are coated with its products each year.
In January 2019, Saint Gobain enlarged its flat glass production capacity in Columbia. It also announced that Tecnoglass has taken a minority share in the capital of its Colombian subsidiary Vidrio Andino. Within the framework of this partnership, Vidrio Andino will build a new float in Colombia to meet the growing demand for glass in this region.
Key Target Audience
Flat Glass Manufacturers, Raw Material Suppliers, Distributors & Suppliers and Industry Associations
Flat Glass Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Flat Glass Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Flat Glass industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.