The global flat glass market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2021-2027). The speeding up of the use in the building is one of the prime factors affecting and driving the market. The flat glass supports in absorbing the transmit light along with adding an attractive look to a building when used in transparent or translucent applications. Additionally, through it, natural light can obtain that supports in lower electricity bills along with brightening the rooms of a building. This will further drive the adoption in building for the usage of flat glass as it is also economic along with weather-resistant offering in it.
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Moreover, the emerging focus on increasing disposable income along with luxury construction being demanded are also one of the key factors that are creating opportunity in the market. New product launches in the market are likely to drive the growth of the global flat glass market. For instance, in March 2020, AGC Inc. has introduced its Lacobel T Warm Grey Spandrel, which is considered the newest addition to the portfolio of the company of back-painted decorative glass. Lacobel T Warm Grey Spandrel does not get fade due to the presence of temperable paint that is fused into the glass and it also provides the architects and designers with a fully opaque, neutral-colored spandrel.
The key players present in the global flat glass market had been adopting various strategies to gain major market share. For instance, in October 2020, one of the companies named as AGC Inc. had marked to finish the business integration in Japan of its architectural glass business with Central Glass Co. Ltd by December 2021.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Product Type
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- AGC Inc., Asahi India Glass Ltd., Nippon Sheet Glass Co., Ltd., SCHOTT AG, and Saint-Gobain
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Global Flat Glass Market Segmentation
By Product Type
- Basic Glass
- Tempered Glass
- Laminated Glass
- Coated Glass
- Other
By End-User
- Construction & Infrastructure
- Automotive & Transportation
- Solar Energy
- Other
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- AGC Inc.
- Asahi India Glass Ltd.
- CARDINAL GLASS INDUSTRIES, INC.
- China Glass Holdings Ltd.
- Corning Inc.
- Dillmeier Glass Co.
- Euroglas GmbH
- Fuyaogroup
- Gardner Glass Inc.
- GSC GLASS LTD
- Nippon Sheet Glass Co., Ltd.
- Phoenicia
- Sisecam Group
- SCHOTT AG
- Saint-Gobain
- Taiwan Glass Industry Corp.
- Vitro
- Xinyi Glass Holdings Ltd.
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