Rising construction activities in emerging economies and recovering automobile industry are propelling the market for flat glass

The global flat glass market is likely 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.

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.

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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.

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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.

Global Flat Glass Market Segmentation

Market Insight, by Type

• Float Glass
• Sheet Glass• Rolled Glass• Others

Market Insight, by Application

• Architecture
• Automotive• Others

Market Insight, by Region

• North America Flat Glass Market
  • The United States
  • Canada
  • Rest of North America
• Europe Flat Glass Market
  • Germany
  • The United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia-Pacific Flat Glass Market
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
• Rest of World Flat Glass Market

Top Company Profiles

• 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.
• Xinyi Glass Holdings Limited