Post Time:Mar 27,2023Classify:Industry NewsView:2510
IMARC Group has recently released a new research study titled “India Flat Glass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
The India flat glass market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.97% during 2023-2028.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2022
Historical Period: 2017-2022
Forecast Period: 2023-2028
Flat glass is a type of glass that is manufactured in a flat and uniform manner and is made by floating molten glass on top of a bed of molten metal, usually tin. It is used in a variety of applications, such as windows, mirrors, and display screens. This process creates a smooth, flat surface that is free of distortions and imperfections. Flat glass can be further processed by cutting, tempering, laminating, or coating to enhance its properties and improve its performance in different applications. With its versatility and durability, flat glass has become an essential material in modern architecture, transportation, and electronics.
India Flat Glass Market Trends:
The rising construction sector in India represents one of the key factors driving the market growth across the country. This is primarily attributed to the increasing government initiatives and investments in infrastructural projects. In line with this, flat glass is an essential material in the construction of buildings, windows, facades, and doors, which is facilitating the demand for the product, thus driving the market growth. In addition to this, the increasing urbanization, along with the rising population, and increase in the demand for modern buildings, infrastructure, and transportation are further contributing to the growth of the market. Other factors, such as the increasing product demand in the automotive industry, advancements in technology, and rising awareness about green buildings and sustainable construction practices in India, are creating a positive outlook for the market.
Key Market Segmentation:
The report has segmented the India flat glass market based on technology, product type, raw material, end use, type, end use industry and region.
Breakup by Technology:
Float Glass
Sheet Glass
Rolled Glass
Breakup by Product Type:
Basic Float Glass
Toughened Glass
Coated Glass
Laminated Glass
Insulated
Extra Clear Glass
Others
Breakup by Raw Material:
Sand
Soda Ash
Recycled Glass
Dolomite
Limestone
Others
Breakup by End Use:
Safety and Security
Solar Control
Others
Breakup by Type:
Fabricated
Non-Fabricated
Breakup by End Use Industry:
Construction
Automotive
Solar Energy
Electronics
Others
Breakup by Region:
North India
West and Central India
South India
East India
Source: https://www.digitaljournal.com/Author: shangyi