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Report Overview
The global flat glass market value stood at USD 134.45 billion in 2023. The industry is further projected to grow at a CAGR of 6.5% over the forecast period of 2024-2032 to attain a value of USD 236.97 billion by 2032. The flat glass demand growth is primarily driven by increasing demand in the construction, automotive, and solar energy sectors, which are all significant consumers of flat glass products.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Flat Glass Market Analysis
Flat glass market dynamics and trends are driven by innovative technologies, rising urbanization, movement toward energy efficiency and sustainability among end-users. Energy-efficient buildings garner attention in the construction industry, hence the shift towards more thermal performance and energy savings is driving demand for insulated glass units. Asia-Pacific region has been one of the dominant markets for flat glass on account rapid industrialization and growing construction industry, especially in China and India.
Building codes in Europe that require energy-efficient buildings have accelerated the use of high-performance flat glass products, especially in commercial real estate. Strong need for the type standardized and eco-friendly laminated, insulated and coated glass that can save energy in buildings resulting into government of Europe to put strict policies on energy efficiency in buildings.
North America is one of the prominent markets for flat glass market industry due to the demand for it in both, construction and automobiles segment. The automotive sector has observed accelerated adoption of flat glass in the production of lightweight automotive components further complying with the emerging fuel-economy standards and enhancing passenger safety.
Rapidly growing technology of flat glass including smart glass and self-cleaning glasses is readily available in the market are playing an important role to accelerate the growth of the flat glass market. That is why the high-tech solution that allows glass to adjust its light transmission properties in response to environmental conditions, such as smart glass technology, is becoming increasingly popular for contemporary building design. Another application that is gaining steam with both residential and commercial sectors is self-cleaning glass — glass which has been designed to breakdown dirt, when exposed to sunlight, using a special coating. Above all, these trends have created new emerging opportunities for the flat glass market.
Flat Glass Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the Global Flat Glass Market attained a value of nearly USD 134.45 billion.
The market is projected to grow at a CAGR of 6.5% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032, reaching a value of around USD 236.97 billion by 2032.
The major market drivers include the growing product demand from the automotive and construction sectors, rapid industrialisation and urbanisation, increasing spending on infrastructural development, rise in sales of consumer electronics, and growing technological advancements.
The growing installation of solar panels, the surging smartphone penetration, the introduction of favourable government initiatives aimed at promoting the use of renewable energy, and the increasing demand for decorative glasses with digital print technology are the key trends bolstering the market development.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
By category, the market is divided into fabricated and non-fabricated.
The significant technologies of flat glass considered in the market report include float glass, sheet glass, and rolled glass.
Basic float glass, toughened glass, coated glass, laminated glass, insulated, and extra clear glass, among others, are the major product types available in the market.
Sand, soda ash, recycled glass, dolomite, and limestone, among others, are the major raw materials for the product.
Safety and security and solar control, among others, are the significant applications of the product.
Based on the end-use industry, the market is segmented into construction, automotive, solar Energy, and electronics.
The competitive landscape consists of AGC Inc., Saint-Gobain, Nippon Sheet Glass Co., Ltd., Cardinal Glass Industries, Inc., and CSG Holding Co., Ltd. among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124