The flat glass market size was USD 140.30 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for flat glass from the automotive sector for various applications in passenger vehicles is a major factor driving market revenue growth. In addition, increasing use of flat glass for production of solar panels is expected to propel revenue growth of the market in the future. Bulk of solar modules used for production of glass is the single largest component by mass, accounting for around 97% of module's weight. In solar power systems, glass is used to protect components, provide structural strength to module, and enclose cells.
The report thus includes a broad segmentation of the market, comprising the major product types and application ranges, and further determines the revenue, price, sales, production, growth rate, and the forecast market share of each market segment. Vital market statistics have been presented in a tabular format to help readers understand the market dynamics. Furthermore, it delivers a wide-ranging study highlighting the key industry aspects, such as import-export dynamics, production and consumption rates, sales channels, and consumer bases in the key regions.
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Some of the key players of the market analyzed in the report to offer a better understanding of the competitive landscape are Saint Gobain, Cevital Group, Vitro, Euroglas, Schott AG, Cardinal Glass Industries, Guardian Industries, Gulf Glass Industries, Scheuten Glass, and China Glass Holdings Limited.
Emergen Research has segmented the flat glass market based on product, application, and region:
Product Outlook (Revenue, USD Billion; 2019–2030)
Application Outlook (Revenue, USD Billion; 2019–2030)
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Some Key Highlights from the Report
The insulated segment is expected to register a steady growth throughout the forecast period due to their demand for manufacturing glass panes, doors, and windows owing to their superior insulation qualities provided by air space between two layers of glass.
The architectural segment is expected to register a significant market revenue growth owing to rising construction demand across the globe. Flat glass is applicable in every single building for various outdoor and indoor applications.
The Asia Pacific market is expected to register a considerable growth due to the ever-growing construction industry in China and India.
Key Offerings of the Report:
Detailed overview of market dynamics including drivers, restraints, opportunities, challenges, and growth prospects
Analysis of the key strategic initiatives and competitive landscape including mergers acquisitions, joint ventures, collaborations, product launches, and brand promotions, and partnerships, among others
Comprehensive analysis of the industry outlook and analysis of the industrial chain
Market forecast based on global, regional, and country-level market analysis
Competitive landscape benchmarking
In-depth analysis of the key market players with their product portfolios, financial positions, unique selling points, market share and size, and a comprehensive overview of their business
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Flat Glass market, including the global and regional analysis of the market. The study covers critical information and factual data about the Flat Glass industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Flat Glass market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Flat Glass industry.
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