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Flat Glass - Global Market Trajectory & Analytics

  • ID: 338448
  • Report
  • July 2020
  • Region: Global
  • 433 Pages
  • Global Industry Analysts, Inc
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Consumption of Advanced Flat Glass Gains Momentum
Global Flat Glass Market to Reach $283.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Flat Glass estimated at US$155 Billion in the year 2020, is projected to reach a revised size of US$283.3 Billion by 2027, growing at a CAGR of 9% over the analysis period 2020-2027. Insulated, one of the segments analyzed in the report, is projected to record a 9.7% CAGR and reach US$132.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Laminated segment is readjusted to a revised 8.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $41.8 Billion, While China is Forecast to Grow at 13.6% CAGR

The Flat Glass market in the U.S. is estimated at US$41.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$66.6 Billion by the year 2027 trailing a CAGR of 13.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.

Tempered Segment to Record 8.3% CAGR

In the global Tempered segment, USA, Canada, Japan, China and Europe will drive the 7.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$18.5 Billion in the year 2020 will reach a projected size of US$31.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$39.6 Billion by the year 2027, while Latin America will expand at a 9.8% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 433-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Asahi Glass Co. Ltd.
  • Asahi India Glass Ltd.
  • Carlex Glass America LLC
  • Central Glass Co. Ltd.
  • Compagnie De Saint-Gobain
  • Guardian Industries
  • Gujarat Guardian Limited
  • Nippon Sheet Glass Co. Ltd.
  • Taiwan Glass Group
  • Trakya Cam Sanayii A.S.
  • Viridian™ Glass
  • Xinyi Glass Holdings Limited

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Flat Glass Market: A Prelude

Growth Drivers for Flat Glass Industry: On a Scale 1 -10 (10 - High Impact; 1 - Low Impact)

Growth Dampeners for Flat Glass Industry: On a Scale 1 -10 (10 - High Impact; 1 - Low Impact)

Recent Market Activity

Rising Demand from End-use Application Segments Propel Flat Glass Market

Flat Glass Products - Laminated and Tempered Glass Markets Hold Promise

Developing Regions Continue to Power Flat Glass Demand, Saturation Hits Developed Markets

China: A Major Influencing Market

Production Scenario

Float: The Predominant Flat Glass Manufacturing Technique

Rolled Glass: A Small Market

Corning Develops Thin Rolled Glass Stored Using Spools

Fabricated Flat Glass: Driving Force in the Flat Glass Market

Global Competitor Market Shares

Flat Glass Competitor Market Share Scenario Worldwide (in %): 2018 & 2029

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

Asahi Glass Co., Ltd. (Japan)

AGC Glass Company North America (USA)

AGC Glass Europe (Belgium)

Asahi India Glass Ltd. (India)

PT Asahimas Flat Glass Tbk (Indonesia)

Compagnie De Saint-Gobain (France)

Saint-Gobain Glass India Ltd (India)

Saint-Gobain SEFPRO (France)

Central Glass Co., Ltd. (Japan)

Carlex Glass America, LLC (USA)

Guardian Industries (USA)

Gujarat Guardian Limited (India)

Nippon Sheet Glass Co., Ltd. (Japan)

Trakya Cam Sanayii A.Ş. (Turkey)

Taiwan Glass Group (Taiwan)

Viridian™ Glass (Australia)

Xinyi Glass Holdings Limited (China)

3. MARKET TRENDS & DRIVERS

Construction Industry: The Largest End-Use Market for Flat Glass

Construction Sector Activity Influences Market Growth

Increasing Usage of Glass in Building Construction

Rising Demand for Energy Efficient Windows

Energy-Saving Glass in Windows to Deliver Favorable Economic Returns

Window Trends for Flat Glass Customers

Consumers Recognize Energy Saving Properties of Low-E Glass

Glass Use in Automotive Industry: Value-Added Features Find Favor

Automotive Industry Dynamics Affects Flat Glass Demand

Glazing Used for Styling and Differentiation of Automobiles

Demand for Solar Control and Advanced Flat Glass in OEM Automotive Market

Flat Glass in Solar Power Generation: Opportunity in Store

Frameless Panels: A Game Changing Technology to Drive Flat Glass Demand

Potential for Rolled Glass Makers in Solar PV Market

Tempered Low Iron Glass: Threat to Rolled Glass Usage in Solar PV Units?

Value-Added Products to Drive Flat Glass Market

Innovative Frequency-Selective Solar Glazing Material

Coated Flat Glass Market - An Insight

Regulations Drive Demand for Fire-Resistant Glass

Smart Automotive Glass Market - A Review

A glance at Some Types of Smart Automotive Glass and their Benefits

Plastics - Are They a Threat?

High Capital Investments - A Major Entry Barrier

Energy & Raw Material: Major Cost Components

Rapid Urbanization Worldwide: A Key Growth Driver

Rising Population & Middle Class Segment Bodes Well for Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Flat Glass Market Share (in %) by Company: 2018 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Flat Glass Market: Competitor Market Share Scenario (in %) for 2018 & 2025

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 94

Note: Product cover images may vary from those shown
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