Post Time：Apr 08,2016Classify:Industry NewsView：604
DUBLIN, IRELAND--(Marketwired - April 06, 2016) - Research and Markets has announced the addition of the "Global Flat Glass Market -- By Regions and Vendors -- Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares 2014 - 2020" report to their offering.
The global production of flat glass was 59.2 MMT in 2014 and is estimated to reach 84 MMT by 2020, at a CAGR of 6%, while in terms of revenue, the market was worth $47.77 billion in 2014 and is projected to reach $72.5 billion in 2020, at a compound annual growth rate of 7.2%.
Growth by Region:
APAC leads the flat glass market with a share of 60-65% in 2014 with China alone having 50% global market share while the market share of North America and Europe together was 20-25% during the same period.
Drivers vs. Constraints:
Factors like increase in urbanization, rise in real estate sector especially in emerging countries like India, Vietnam, Thailand, Indonesia, and others are driving the market. On the other hand, increase in raw material prices is the challenge being faced by the industry. 25% of the total flat glass production is made using low quality float process, manufactured in China. But, utilization of low quality flat glass is declining with increasing market awareness by big players and as such, the market share of China is expected to decrease.
Industry Structure and Updates:
The industry is highly consolidated with top 4 players having a market share of 60-65%. Dynamic shifts in the standards of the products, like light weighting, non-fragile is making the flat glass manufacturers to practise latest technological innovations.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Flat Glasss Market Segmentation, Forecasts and Trends -- by Volume, by Revenue
6. Global Vendor Market Share Analysis
7. Supplier Intelligence -- Profiles
8. Investment Analysis
9. Sourcing Stategies -- Options
Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/s2vqch/global_flat_glass
Sector: Glass
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Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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Source: http://www.einnews.com/pr_news/320106186/global-flAuthor: shangyi
