Flat Glass Market 2020 to 2024 Analysis with Industry Size & Share and Growth Forecast by Competitors, Types and Applications

The “Flat Glass Market” trend analysis report presents an in-depth analysis regarding the development, current trends, industry policies, and regulations implemented in each of the geographical regions. Flat Glass Market Report (2020-2024) Provides key statistics on market overview, major key-players of industry, the scope of the report, key trends in the market as well as regional analysis. The report also provides leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue. It also provides Report provides an analytical calculation of the prime challenges faced by this Market currently and in the coming years.

Flat Glass Market Report Includes Major Key-Players:

Saint Gobain Corporation

Schott AG

Euroglass SPA

Nippon Sheet Glass Co.

Ltd

Asahi Glass Group

PPG Industires Inc.

Cardinal Glass Industries

Phoenicia Flat Glass Industries Ltd.

Market Overview:

The flat glass market was valued at USD 108.51 billion in 2018, and is expected to reach a value of USD 180.79 billion by 2024 at a CAGR of 9.33%, over the forecast period 2019 -2024. Insulated flat glass is witnessing increasing deployment as it reduces pollution, saves energy, and improves the comfort inside the building. The enhanced properties of acoustic insulation and thermal insulation provided by these products are expected to drive the demand.

– Factors like increasing urbanization, rise in the real estate sector, usage of solar products, and product innovation, in terms of characteristics, are further driving the growth of the market.

– The growing solar energy market, due to increasing dependency on renewable energy sources, along with the subsidies available for energy storage, is to propel the growth of the market, thus, accelerating the glass demand in the market.

– As there are only a few products that are involved in the production of flat glass, they cannot be substituted by others. However, fluctuating raw material prices, coupled with weak supply chain management, have a considerable effect on the overall price of flat glass products, challenging the market growth.