Flat Glass Market 2025 New Investment Projects Review
The Flat Glass
Market was worth USD 63.41 billion in the year of 2012 and is expected to
reach approximately USD 132.52 billion by 2022, while registering itself at a
compound annual growth rate (CAGR) of 6.86% during the forecast period. Fast
industrialization with expanding development expenditure by developing nations
will drive the worldwide level glass share of the market in close terms. Civil
Aviation Administration of China (CAAC), in its twelfth Five Year Plan,
affirmed venture of around USD 65 billion for development of new and rebuilding
of existing air terminals. In 2014 India, China and Japan were significant
members in the Asia Pacific locale with more than 40% of the aggregate profit.
Decisive viewpoint towards automotive sector alongside an expansion in use of
safety glass in windows is expected to boost the flat glass market estimate in
future. In 2015 Worldwide automotive manufacturing was around 90 million units,
with China being the prevailing member, with more than 20 million units. Strict
standards towards construction and automotive industry may decidedly influence
the flat glass market amid gauge period. LEED measures are to be met amid the
manufacturing of specialty items which are utilized as a part of green
structures. Moreover, fabricators are relied upon to consent to FEMA
particulars for use in security applications in the construction business.
Organizations like Sage and Corning are creating moderate technologies which
will be helpful to the development of the business.
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Construction flat glass market is projected to reflect
considerable development in the following years. Ascend in expenditure of
construction alongside requirement for viable infrastructure will boost the
business development Automobile applications are relied upon to witness
significant development in the upcoming years. Tempered glass is broadly
utilized subject to its potent nature. Refurbishment applications are
anticipated to encounter substantial development in the following years.
Developing customer awareness will additionally compliment the business
standpoint.
China flat glass market is projected to reflect significant
growth in terms of revenue in the upcoming years. Development of substantial
scale ventures and expanding spending on infrastructural activities may support
the business. MEA drove by Saudi Arabia and Qatar is anticipated to encounter
considerable growth in the upcoming years attributable to expanding development
spending in the district. India flat glass share of the market is relied upon to
witness significant development subject to extension of production enterprises
combined with expanding outside interest in the locale. South America, drove by Brazil, is set to encounter a
substantial demand in the upcoming years. Bountiful accessibility of raw
material with rising business facilities would support the flat glass market in
close terms. As far as automotive applications, Chile, Brazil, and Argentina
will be significant contributors because of quick development in their vehicle
producing industry.
Major Market
Players:
Ø
SCHOTT Glass India Pvt. Ltd.
Ø
Saint-Gobain Gyproc India Pvt Ltd
Ø
Oldcastle Building Envelope
Ø
Xiny Auto
Ø
Sisecam
Ø
Scheuten Glas Nederland B.V, PPG Industries
Ø
Corning
Ø
CSG Architectural.
The global Flat Glass
Market is segmented as follows:
By Product:
- Tempered Glass
- Basic Float Glass
- Laminated Glass
- Insulating Glass
- Other Glass Types
By Application:
- Automobile
o Aftermarket
o OEM
- Construction
o Refurbishment
o New construction
o Interior
- Other Applications
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