Post Time：Jul 16,2021Classify:Industry NewsView：1110
Global Flat Glass Market Size, Share, Price, Trends, Growth, Analysis, Demand, Key Players, Outlook, Report, Forecast 2021-2026 | ExpertMarketResearch.com
The new report by Expert Market Research titled, ‘Global Flat Glass Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global flat glass market, assessing the market based on its segments like category, technology, type, raw material, application, end use, and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 111.3 billion
Forecast CAGR (2021-2026): 6.5%
Forecast Market Size (2026): USD 162.4 billion
The market for flat glass has seen substantial growth due to factors such as rising product demand in automotive and construction industries. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the flat glass market. With increasing urbanisation, rising infrastructure investment, and rapid growth in developing economies around the world, the flat glass market is seeing increased demand. Glass is widely used in the construction industry for windows, facades, doors, interior partitions, and railings, among other building components, and in the automotive industry for windscreens, side and rear-side glazing, backlights, and sunroofs, among other components. The construction industry is expected to develop at a healthy pace during the forecast period, thanks to the booming construction sector. The demand for decorative glasses with digital print technology is increasing as people place a greater emphasis on the aesthetic features of a home or workplace. Consumers are willing to pay more for items that are both high in quality and attractive to the eye. Flat glass is favoured for making decorative glasses because of its flexibility and other characteristics, which is contributing to the industry’s development. Furthermore, the increasing demand for value-added goods, such as vehicle glazing in the automotive sector, is expected to boost the industry’s growth prospects. Rising customer concerns about the environment and the energy demand are driving a transition toward renewable energy sources, resulting in increased adoption of solar panels. Flat glass is being more widely used in solar-energy applications, such as photovoltaic and solar thermal panels, which is boosting the industry. Furthermore, governments around the world are supporting the use of renewable energy by subsidising their construction. As a result, the global flat glass industry is being propelled forward by the rising solar energy market, as well as government incentives for the deployment of renewable energy sources.
Industry Definition and Major Segments
Flat glass, also known as sheet glass, is made by floating molten glass on metal sheets to create a flat or plane surface. It can also be bent and reused, unlike container glass. Among other things, it’s used to make windows, glass doors, tabletops, chairs, transparent walls, windshields, solar cells, and windscreens.
Explore the full report with the table of contents@
Source: https://www.digitaljournal.comAuthor: shangyi
