Construction Glass Market to enjoy ‘explosive growth’ by 2025

Global Construction Glass Market research report is an in-depth study of market size with data Tables, Bar & Pie Charts, and Graphs & Statistics which helps easy to understand detailed breakdown of market region wise. The Research report presents a complete valuation of the Market and contains a forthcoming trend, current growth factors, attentive views, facts, and industry – validated market data. The research study provides estimates for Global Construction Glass Forecast till 2025. Some are the key players taken under analysis for these studies are Asahi Glass,  Central Glass Co. Ltd,  Guardian industries,  China glass holding limited,  Nippon sheet glass,  PPG industries,  Saint-Gobain,  Schott AG,  Si secam group,  Xinyi glass holding limited.

Global Construction Glass market is valued approximately USD 100.52 billion in 2018 and is anticipated to grow with a growth rate of more than 7% over the forecast period 2019-2026. The construction glass is a hard substance that is transparent or translucent and brittle in the nature. The glass is made up of fusing process and along with that it is processed with the fused sand with lime, soda and other admixtures. The glass used in construction for the architectural purpose in engineering. The growth in construction sector, need for energy saving, demand for the value-added glass product and technological advancement in glass sector are the factors driving the growth of market over the upcoming years. For instance: As per Statista, in public sector in 2016 the spending in construction sector was USD 292 billion and increased up to USD 302 billion in 2018.

Also, according to the Indian Brand Equity Foundation (IBEF), the real estate industry in India is expected to reach USD 1 trillion by 2030 from USD 120 billion in 2017 and contributed to the 13% of the country’s GDP by 2025. Also, the regulation for carbon dioxide emission and economic downturn faced by the major regions are the factors hampering the growth of market over the forecasting years. However, the demand of green building and investment in infrastructure projects of developing economies are the lucrative growth opportunity for market. The Indian Economy is required to invest worth USD 777.73 billion in infrastructure by 2022 for the sustainable development of the country and the construction development sector and construction output is expected to grow on average of 7.1% each year till 2025. Thus, rising investment in construction sector across the globe propel the growth of market over the upcoming years.

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Essential Features & key highlights of the report:
Key players:

Asahi Glass,  Central Glass Co. Ltd,  Guardian industries,  China glass holding limited,  Nippon sheet glass,  PPG industries,  Saint-Gobain,  Schott AG,  Si secam group,  Xinyi glass holding limited.

Market Segmentation:

By Type:

Low-e glass
Special glass

By Chemical Composition:
Soda-Lime
Potash-Lime
Potash-Lead

By Manufacturing process:
Float process
Rolled/Sheet process

By Application:
Residential
Non-residential
Others