Glasspro INDIA 2018 Announcement

Over the years glass has evolved through scientific and technological advancements to cater to a myriad of demands across a broad spectrum of industries. Its influence is most prominent in the construction industry, which represents the dominant end-use market for flat glass.

glasspro INDIA 2018 – International Exhibition for Flatglass Processing and Products – will open its shutters from 07 – 09 September 2018, in Mumbai. Showcasing the latest and finest trends and innovation in flat and processed glass products and applications. Also on display will be the latest glass processing solutions, tools, auxiliary products and services.

Glass – Building Material Of The Future
Glass is the dominating material in modern day architecture. It can be designed to incorporate many desirable properties by modifying its composition and processing. Today, the glass industry offers glazing with technical features that can be used for heat, solar, or sound protection, as design components, safety glass, or as a part of solar systems. As product versatility increases, so does the need for architects, planners, and building owners to consult with the glass processor.

Flat Glass Industry In India

• The current flat glass market stands at @ 5473 TPD

• Construction industry contributes to 80% of Flat glass demand

• This segment is expected to grow at a CAGR of 14%.

Growth Propellers

• Rapid urbanisation

• Decreasing household size

• Favourable demographics and growth in the services sector, especially the IT & ITES sector.

• The demand for affordable housing is growing,

• 100% FDI in real estate has increased due to the growing interest of foreign players in the Indian market.

Current Market Scenario

• Total capacity of glass manufactured in India – 5200 tonnes/day

• Two upcoming capacities of 700 tonnes/day and 1000 tonnes/day till end of 2016 or beginning of 2017

• Expected growth in 2016/17 will be > 12%, owing to the planned construction of around 100 smart cities

• Glass imports are to the tune of 500 tonnes/day. This remains stable owing to anti-dumping on clear float glass from China, Pakistan, UAE and Saudi Arabia

• The is an increase in the use of value added glass such as toughened glass, insulated glass and digital printed glass

• There are more than 150 toughened glass companies in India

• Every year around 20 new processing units are coming up in India

• There is immense scope for growth in the glass market in India

Opportunities

• High growth regions, mainly the western and the southern regions of India, consume majority of the glass used in glazing. Cities like Mumbai, Pune and Ahmedabad are the major consumers in the western region, and strong sales force in these cities will assure higher market share.

• Southern cities like Chennai, Hyderabad, Bengaluru and Cochin are witnessing a rapid increase in construction activities driving the growth for glass glazing in the region.

• Increase in demand for decorative glass with digital prints and adoption of green building techniques are providing unprecedented opportunities for glass manufacturers in India.

• Construction of dwelling units is increasing and architects are using more glass and value-added glass.

• Trends

• Greener Glasses: The tropical weather conditions in India and the high level of solar radiation

• Gas-filled glazing insulated glazing (IG), More commonly known as double glazing (or double-pane, and increasingly triple glazing/pane) are double or triple glass window panes separated by an air or other gas filled space to reduce heat transfer across a part of the building envelop)

• Coated glass, insulated glass and high-performance glass, are witnessing the emergence of a new breed of customers, who make a conscious effort to overlook price of the purpose of safety and environment sustainability.