Urbanization and Modern Architecture Fuel Global Flat Glass Market Expansion
Category: Chemicals & Materials Published Date : Oct-23 ID: CVC0175 Format: PDF Pages: 300
Flat Glass Market Outlook
As per rigorous research by ChemView Consulting, our analysts forecast that the global flat glass market is projected to account for USD 1,66,328.3 million and will grow at 4.2% CAGR during 2023–2033.
Key Findings on the Flat Glass Market
1. Which is the largest market for flat glass?
The biggest market for flat glass is East Asia. As per our analysis, East Asia holds nearly 35.8% share of the flat glass market.
2. What is the largest end-use industry segment within the flat glass market?
As per ChemView Consulting, the largest segment by end-use industry is construction and infrastructure. As per our analysis, this segment accounts for nearly 64% of total revenues.
3. At what rate is the flat glass market expected to grow?
The flat glass market is expected to grow at a CAGR of 4.2% during the period 2023–2033.
What are the major trends influencing the flat glass market?
5. Who are the leading players in the flat glass market?
The key companies in the flat glass market are AGC Inc., AJJ Glass Products Co., Ltd., CSG Holdings Co. Ltd., Dillmeier Glass Company, Xiny Auto, Cevital Group, Guardian Industries, Saint-Gobain, Paragon Tempered Glass, Euroglas, Nippon Sheet Glass Co., Ltd., GrayGlass Company, Taiwan Industry Glass Corporation, ÅžiÅŸecam Group, Fuyao Glass Industry Group, S.A.B. De CV, Central Glass, Schoott AG, Trulite Glass and Aluminium Solutions, NSG Group, Vitro, AGC, and Şişecam.
Key Drivers for Flat Glass Demand
Key Challenges Inhibiting Demand for Flat Glass
Key Challenges and Opportunities for Flat Glass Manufacturers
US Flat Glass Market Forecast
Europe Flat Glass Market Outlook
Japan Flat Glass Market Forecast
China and India Flat Glass Market Forecast
Flat Glass Market Outlook and Forecast by Segmentation
By Product Type
Based on product type, the toughened float glass segment is expected to remain at the forefront of flat glass market share over the assessment period. The growth is mainly because toughened float glass is widely used in the automotive industry to manufacture windscreens, side windows, and rear windows. As the automobile industry advances with the adoption of electric and autonomous cars, there is a growing emphasis on lightweight materials that improve fuel efficiency and safety. Toughened glass meets these specifications, fueling its popularity in the automotive industry.
Furthermore, toughened float glass is known for its outstanding strength and durability. It undergoes a specific heat treatment process that makes it more resistant to fracture and shattering than traditional float glass. This property is especially significant in industries like automotive, construction, and consumer electronics, where safety is a primary concern.
Based on technology, the float glass segment is expected to remain at the forefront of the flat glass market share over the assessment period. The growth is mainly because float glass is extremely versatile and may be used in a variety of applications, such as windows, doors, facades, vehicle windscreens, mirrors, and more. Its adaptability makes it a popular choice among architects, designers, and manufacturers in a variety of industries.
In addition, float glass production has become more environmentally friendly over the years, with efforts to reduce energy use and emissions. This aligns with the increased need for sustainable and eco-friendly building materials, leading to the market’s expansion.
By End-use Industry
Based on the end-use industry, the construction and infrastructure segment is set to account for 64% of the flat glass market share over the assessment period. The growth is because the construction sector is increasingly concerned with sustainability and energy efficiency. Flat glass is important in green building practises because it can be used in energy-efficient windows, which reduce heating and cooling expenses, as well as architectural designs that maximise natural light, decreasing the need for artificial lighting.
Furthermore, infrastructure projects such as highway construction, airport development, and public transportation system construction necessitate enormous quantities of glass for a variety of purposes, such as noise barriers, station buildings, and transit shelters.
Which Company Owns the Largest Share in the Flat Glass Market?
The key companies in the flat glass market are AGC Inc., AJJ Glass Products Co., Ltd., CSG Holdings Co. Ltd., Dillmeier Glass Company, Xiny Auto, Cevital Group, Guardian Industries, Saint-Gobain, Paragon Tempered Glass, Euroglas, Nippon Sheet Glass Co., Ltd, GrayGlass Company, Taiwan Industry Glass Corporation, ÅžiÅŸecam Group, Fuyao Glass Industry Group, S.A.B. De CV, Central Glass, Schoott AG, Trulite Glass and Aluminium Solutions, NSG Group, Vitro, AGC, and Şişecam.
As per our analysis, the companies that hold the largest share of the market are
Click Here to Request Company-wise Data
Founded in 1884 and with headquarters in Mainz, Germany, it is a worldwide glass corporation that specialises in the production of glass and glass ceramics.
Founded in 1936 and headquartered in Japan, it is a chemical corporation that manufactures and sells glass and agricultural chemicals.
Established in 1932 with headquarters in Auburn Hills, Michigan, United States, it is a privately held industrial glass, automotive, and building materials manufacturer.
Nippon Sheet Glass Co., Ltd.
Founded in 1918 and located in Rockville, Maryland, United States, it is a glass production business.
Founded in 1935 and with headquarters in Tuzla, Turkey, it is the world’s largest manufacturer of glass raw materials.
What Makes this Report More Insightful than Others?
With ChemView Consulting, we’re redefining market research for the next generation. Go beyond traditional analysis and immerse yourself in a holistic exploration of business opportunities. We offer:
Actionable Business Opportunity Assessments: Navigate the business landscape with precise, actionable insights tailored for future growth.
Strategic Competitive Intelligence: Stay ahead with in-depth analysis, ensuring you always have a competitive edge.
Customer Insights Like Never Before: Understand your customer’s evolving needs, aspirations, and behaviors to drive brand loyalty and value.
Dynamic Price Tracking: Stay agile in a fluctuating market with real-time pricing intelligence.
Profitability Analysis with Precision: Dive deep into data-driven strategies that ensure optimal returns on investment.
MandA and Alliances Mastery: Navigate the complex world of mergers, acquisitions, and alliances with expert foresight.
Startup Ecosystem Tracking: Discover the next big disruptors before they make headlines.
Up-to-the-minute Regulations and Compliance Updates: Stay ahead of the regulatory curve, ensuring business continuity and compliance.
Pioneering Technological Insights: Explore the forefront of innovation, capturing trends before they shape the market.
The future is data-rich and insights-driven, and with ChemView Consulting, you are poised at the forefront. Every report is crafted to inspire, and every insight is designed to catalyze growth. Partner with us, and let’s co-create the future of your business.
The flat glass market is projected to reach a significant value of US $1,66,328.3 million by 2033, driven by a robust 4.2% CAGR during the period 2023–2033. Key industry players actively contributing to its growth are AGC Inc., AJJ Glass Products Co., Ltd., CSG Holdings Co. Ltd., Dillmeier Glass Company, Xiny Auto, Cevital Group, Guardian Industries, Saint-Gobain, Paragon Tempered Glass, Euroglas, Nippon Sheet Glass Co., Ltd, GrayGlass Company, Taiwan Industry Glass Corporation, ÅžiÅŸecam Group, Fuyao Glass Industry Group, S.A.B. De CV, Central Glass, Schoott AG, Trulite Glass and Aluminium Solutions, NSG Group, Vitro, AGC, and Şişecam. The largest market segment by end-use industry is construction and infrastructure, while East Asia emerges as the dominant region in this market.
1.1. Global Market Outlook
1.2. Technology Roadmap
1.3. Supply and Demand Side Trends
1.4. Strategic Success Factors
1.5. Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
2.3. Inclusions and Limitations
3.1. Supply Side Overview
3.2. Demand Side Overview
4.1. Macroeconomic Factors
4.2. Forecast Factors
4.3. PEST Analysis
4.4. Porter’s Five Forces
4.5. Value Chain Analysis
4.6. Market Dynamics
4.7. Patent Analysis
4.8. Trade Analysis
4.9. Investment Feasibility Matrix
4.10. Challenges for New Entrants
4.11. Regulations Overview
4.12. Covid-19 Impact Assessment
4.12.1. Economy/Cluster Projections
4.12.2. Covid-19 Economic Assessment
4.12.3. Potential Impact on Target Market
4.12.4. Recovery Scenario
5.1. Historical Value ($ Mn) and Future Market Value ($ Mn) Projection Analysis
5.2. Demand Y-o-Y Growth Rate Analysis
5.3. Total $ Opportunity Analysis
5.4. Historical Volume (Tons) and Future Market Volume (Tons) Projection Analysis
6.1. Regional Pricing Analysis By Source
6.2. Regional Price Forecast
6.3. Profit Margin Analysis
6.4. Future Price Impact Factors
7.2. Market Trends
7.3. Historical Market Analysis and Market Forecast Analysis
7.3.1. Basic Float Glass
7.3.2. Toughened Float Glass
7.3.3. Coated Float Glass
7.3.4. Laminated Float Glass
7.3.5. Extra Clear Glass
7.4. Market Attractiveness Analysis
8.2. Market Trends
8.3. Historical Market Analysis and Market Forecast Analysis
8.4. Market Attractiveness Analysis
9.2. Market Trends
9.3. Historical Market Analysis and Market Forecast Analysis
9.3.1. Construction and Infrastructure
9.3.2. Automotive and Transportation
9.3.3. Solar Energy
9.4. Market Attractiveness Analysis
10.2. Market Trends
10.3. Historical Market Analysis and Market Forecast Analysis
10.3.1. North America
10.3.2. Latin America
10.3.3. Western Europe
10.3.4. Eastern Europe
10.3.5. East Asia
10.3.6. South Asia Pacific
10.3.7. Middle East and Africa
10.4. Market Attractiveness Analysis by Region
11.2. Key Market Trends
11.3. Pricing Analysis
11.4. Historical Market Analysis and Market Forecast Analysis
11.4.1. By Country
188.8.131.52. The U.S.
11.4.2. By Product Type
11.4.3. By Technology
11.4.4. By End-use Industry
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Product Type
11.5.3. By Technology
11.5.4. By End-use Industry
11.6. Market Participants Presence Mapping
12.2. Key Market Trends
12.3. Pricing Analysis
12.4. Historical Market Analysis and Market Forecast Analysis
12.4.1. By Country
184.108.40.206. Rest of L.A.
12.4.2. By Product Type
12.4.3. By Technology
12.4.4. By End-use Industry
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Product Type
12.5.3. By Technology
12.5.4. By End-use Industry
12.6. Market Participants Presence Mapping
13.2. Key Market Trends
13.3. Pricing Analysis
13.4. Historical Market Analysis and Market Forecast Analysis
13.4.1. By Country
220.127.116.11. Rest of Western Europe
13.4.2. By Product Type
13.4.3. By Technology
13.4.4. By End-use Industry
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Product Type
13.5.3. By Technology
13.5.4. By End-use Industry
13.6. Market Participants Presence Mapping
14.2. Key Market Trends
14.3. Pricing Analysis
14.4. Historical Market Analysis and Market Forecast Analysis
14.4.1. By Country
18.104.22.168. Rest of Eastern Europe
14.4.2. By Product Type
14.4.3. By Technology
14.4.4. By End-use Industry
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Product Type
14.5.3. By Technology
14.5.4. By End-use Industry
14.6. Market Participants Presence Mapping
15.2. Key Market Trends
15.3. Pricing Analysis
15.4. Historical Market Analysis and Market Forecast Analysis
15.4.1. By Country
22.214.171.124. South Korea
15.4.2. By Product Type
15.4.3. By Technology
15.4.4. By End-use Industry
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product Type
15.5.3. By Technology
15.5.4. By End-use Industry
15.6. Market Participants Presence Mapping
16.2. Key Market Trends
16.3. Pricing Analysis
16.4. Historical Market Analysis and Market Forecast Analysis
16.4.1. By Country
126.96.36.199. Rest of SAP
16.4.2. By Product Type
16.4.3. By Technology
16.4.4. By End-use Industry
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product Type
16.5.3. By Technology
16.5.4. By End-use Industry
16.6. Market Participants Presence Mapping
17.2. Key Market Trends
17.3. Pricing Analysis
17.4. Historical Market Analysis and Market Forecast Analysis
17.4.1. By Country
188.8.131.52. GCC Countries
184.108.40.206. South Africa
220.127.116.11. Rest of MEA
17.4.2. By Product Type
17.4.3. By Technology
17.4.4. By End-use Industry
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product Type
17.5.3. By Technology
17.5.4. By End-use Industry
17.6. Market Participants Presence Mapping
18.1. Market Concentration Analysis
18.2. Tier Structure Breakdown
18.3. Market Share Analysis
18.4. Production Capacity Analysis
18.5. Key Strategies Adopted by Top Players
18.6. Start-up Ecosystem
18.6.1. New Player Entry
18.6.2. Strategies Adopted by New Players
18.7. Company Footprint Analysis
18.7.1. Vehicle Type Footprint
18.7.2. Regional Footprint
18.8. Competitive Dashboard
19.1. AGC Inc.
19.1.1. Company Overview
19.1.2. Product Portfolio
19.1.4. Financial Analysis
19.1.5. Recent Developments
19.1.6. SWOT Analysis
19.1.7. Strategy Overview
19.2. AJJ Glass Products Co., Ltd.
19.3. CSG Holdings Co. Ltd.
19.4. Dillmeier Glass Company
19.5. Xiny Auto
19.6. Cevital Group
19.7. Guardian Industries
19.9. Paragon Tempered Glass
19.11. Nippon Sheet Glass Co., Ltd
19.12. GrayGlass Company
19.13. Taiwan Industry Glass Corporation
19.14. ÅžiÅŸecam Group
19.15. Fuyao Glass Industry Group
19.16. S.A.B. De CV
19.17. Central Glass
19.18. Schott AG
19.19. Trulite Glass and Aluminium Solutions
19.20. NSG Group
19.21. Vitro, AGC