Flat Glass Market by Regional Segmentation, Major Players, Size, Market Dynamics & Forecast 2025 | MODIGUARD, LaOpala RG Limited, Piramal Glass, Borosil, Saint-Gobain, AGC Inc., & Hindusthan National Glass
The research report on ‘global flat glass market’ extensively analyzes market growth opportunities at global as well as local level. The report offers detailed market segmentation such as application, product, and regions. This report covers in-depth analysis of market growth strategies and complete information and analysis of market trends, major drivers, and market challenges & opportunities.
Flat glass is produced in plane form and has significant applications in transparent walls, windscreens, windows and doors for the construction industry and as windshield & windows in the automotive industry. It has a lower concentration of calcium oxide, silica and aluminium oxide. Fundamental properties include transparency and recyclability which makes the end-product suitable for packaging applications
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The global flat glass market size is valued at USD 93.0 billion and it is expected to grow at USD 150.38 billion with the highest CAGR of 7.1% during the prediction period. Some major factors such as growing urbanization, rapidly increasing real estate sector, growing product innovations, and use of solar products are contributing to the global flat glass market growth.
The global flat glass market segmentation is done depending on factors such as application, product, and geography. According to the product, this market is divided into a basic float, tempered, laminated, insulating, and others. In between these, the tempered glass segment is accounted for one of the largest global flat glass market share in the year 2014. In addition, this segment is witnessed significant growth since the past few years due to the increase in demand from the number of construction and building sector.
Based on application, the global flat glass market is sub-segmented into construction, automotive, and others. In between these, the construction segment dominated the highest global flat glass market share in 2018. And it is expected healthy growth over the forecast period. Likewise, the automotive segment is likely to witness a significant growth into the coming years, owing to the production of the rapidly growing automobile across the world.
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The global flat glass market can be segmented into North America, Europe, MEA, Asia Pacific and South and Central America. In between these. Asia Pacific has been a dominated player accounting for the largest share in 2018 for this market, and it is anticipated to reach a significant growth during the prediction period. Likewise, China is one of the largest producers and consumer of flat glass and it is likely to dominate for near around 70% of flat glass market share in APAC during the forecast period.
Leading players in this market are trying to implement several strategies to gain their position in the global flat glass market. Some of the major players include Schott AG, Nippon Sheet Glass Co., Saint Gobain Corporation, Euro Glass SPA, Asahi Glass Group, and many others.
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Key segments of the global flat glass market
Product Overview, 2015-2025 (USD Billion) (Billion Square Meters) (Kilo Tons)
- Basic float
Application Overview, 2015-2025 (USD Billion) (Billion Square Meters) (Kilo Tons)
Region Overview, 2015-2025 (USD Billion) (Billion Square Meters) (Kilo Tons)
- North America
- Asia Pacific
- Central & South America
- Middle East & Africa
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