Quick Summary:
As we venture further into the 21st century, the global Glazing market keeps consistently demonstrating robust expansion, showing promising parameters for investing. The sector, currently valued at US$21.2 Billion, is projected to nearly double its size by the year 2030, reaching a monumental valuation of US$39.6 Billion. Amongst the most lucrative segments identified are Glass and Frame & Spacer, with the former expected to record a 9% CAGR and reach a grossing figure of US$18.3 Billion by the end of the forecasted period.
The Glazing market is rich in potential, untapped market territories, and a host of opportunities for participants that keep evolving over time. Notably, the U.S market stands valued at $5.8 Billion, and China, the world's second-largest economy, is forecasted to grow at an exciting 12.6% CAGR. Mark your scientific, strategic, and commercial success by availing our comprehensive market research report today.
Global Glazing Market to Reach $39.6 Billion by 2030
The global market for Glazing estimated at US$21.2 Billion in the year 2022, is projected to reach a revised size of US$39.6 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030. Glass, one of the segments analyzed in the report, is projected to record 9% CAGR and reach US$18.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Frame & Spacer segment is readjusted to a revised 7.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 12.6% CAGR
The Glazing market in the U.S. is estimated at US$5.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.2 Billion by the year 2030 trailing a CAGR of 12.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.Select Competitors (Total 42 Featured) -
- AGC
- Central Glass
- Chi Mei Corp.
- Corning Incorporated
- Coverstro AG
- Evonik
- Freeglass
- Fuyao Glass Industry
- Guardian Industries
- Idemitsu Kosan
- Mitsubishi Engineering Plastics
- Nippon Sheet Glass
- SABIC
- Saint-Gobain
- Sumitomo Corp.
- Teijin
- Trinseo
- Webasto Group
- Xinyl Glass
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Glazing?
What is the growth rate of the Global Market for Glazing?
What is the forecasted size of the Global Market for Glazing?
Who are the key companies in the Global Market for Glazing?
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 21.2 Billion |
| Forecasted Market Value ( USD | $ 39.6 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AGC
- Central Glass
- Chi Mei Corp.
- Corning Incorporated
- Coverstro AG
- Evonik
- Freeglass
- Fuyao Glass Industry
- Guardian Industries
- Idemitsu Kosan
- Mitsubishi Engineering Plastics
- Nippon Sheet Glass
- SABIC
- Saint-Gobain
- Sumitomo Corp.
- Teijin
- Trinseo
- Webasto Group
- Xinyl Glass
