Global construction glass market size was valued at $76,036 million in 2015, and is expected to reach $121,877 million in 2022 at a CAGR of 7.1% from 2016 to 2022. Construction glass is used in buildings as insulation material, structural component, external glazing material, and cladding material. it possesses properties such as high-quality chemical resistance, soundproofing, energy efficiency, and fire-resistance, making it a suitable choice for global construction industry.
The construction glass products have witnessed increased adoption in residential and nonresidential sectors owing to the design and development of various advanced products such as solar control glass, self-cleaning glass, and noise reduction glass. Although continuous advancements prevailing in the market are promoting market expansion, factors such as high costs associated with raw materials and economic downturn in developed regions limit the market growth. In addition, growth in urbanization & industrialization, increased speed of construction, and rise in demand for green buildings are some of the key variables that supplement the global construction glass market growth.
The global construction glass market is segmented based on product type, application, chemical composition, manufacturing process, and geography. Market segmentation based on product type includes low e-glass and special glass. Special glass accounted for the largest market share of around 69% in 2015. This is attributed to rapid growth in construction industry, increase in government expenditures on infrastructural projects, and various building regulations related to energy efficiency norms. The chemical compositions for construction glass coating include soda–lime, potash–lime, and potash–lead glass. Potash–lead is expected to show the highest growth rate during the forecast period, as it is expected to reach a market value of $8,045 million by 2022 with a CAGR of 8.2%. On the basis of manufacturing process, the construction glass market is bifurcated into float process and rolled/sheet process. Applications covered in the study include residential and nonresidential buildings. nonresidential buildings segment is expected to dominate the market from 2016 to 2022, owing to increase in construction activities of green buildings and various government regulations related to energy-efficient buildings. Geographically, the construction glass market size is analyzed across North America, Europe, Asia-pacific, and LAMEA. Asia-Pacific is expected to dominate the global market during the analysis period due to infrastructural development in emerging countries such as India, China, Indonesia; and increase in repairing & remodeling of buildings being carried out in developed countries such as Japan, Australia, and Singapore, thereby increasing the demand for construction glass.
Key players operating in the global construction glass market are Compagnie De Saint-Gobain S.A., Asahi Glass Co. Ltd., Ppg Industries, Inc., Nippon Sheet Glass Co. Ltd., Xinyl Glass Holdings Limited., Central Glass Co., Ltd., China Glass Holdings Limited, Guardian Industries Corp., Schott Ag, and Sisecam Group
This report provides an in-depth analysis of the global construction glass market with current trends and future estimations to elucidate the potential investment pockets.
The report provides a quantitative analysis from 2014 to 2022 to enable the stake holders to capitalize on prevailing market opportunities.
The current trends and future forecasts aid to determine the overall market potential and single out profitable trends.
Recent developments, key players, and market shares are listed in the report to study the competitive scenario of the market.
Porter’s five forces model illustrates the potency of the buyers and suppliers.
Construction Glass Market Key Segmentation
By Product Type
Hard Coat Low-E Glass
Soft Coat Low-E Glass
Solar Control Low-E Glass
By Chemical Composition
By Manufacturing Process
Rest Of Europe
Rest Of Asia-Pacific
1.1. Report Description
1.2. Key Benefits
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools And Models
Chapter 2 Executive Summary
2.1. CXO Perspective
Chapter 3 Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Winning Strategies
3.2.3. Top Investment Pockets
3.3. Porters Five Forces Analysis
3.3.1. Low Bargaining Power Of Suppliers
3.3.2. High Bargaining Power Of Buyers
3.3.3. High Threat Of Substitutes
3.3.4. Moderate Threat Of New Entrants
3.3.5. Moderate Competitive Rivalry
3.4. Market Share Analysis, 2015
3.5. Market Dynamics
220.127.116.11. Technological Advancements In The Glass Industry
18.104.22.168. Growth In The Construction Industry
22.214.171.124. Need For Energy Efficient Temperature Management
126.96.36.199. High Cost Of Glass
188.8.131.52. Economic Downturn
184.108.40.206. Increase In Government Investments In Infrastructure Sector
220.127.116.11. Demand For Green Buildings
Chapter 4 Global Construction Glass Market, By Product Type
4.1.1. Market Size And Forecast
4.2. Low-E Glass
4.2.1. Key Market Trends
4.2.2. Key Drivers And Opportunities
18.104.22.168. Hard Coat Low-E Glass
22.214.171.124. Soft Coat Low-E Glass
126.96.36.199. Solar Control Low-E Glass
4.2.3. Market Size And Forecast
4.3. Special Glass
4.3.1. Key Market Trends
4.3.2. Key Drivers And Opportunities
188.8.131.52. Flat Glass
184.108.40.206. Laminated Glass
220.127.116.11. Toughened Glass
18.104.22.168. Others (Annealed Glass, Mirrored Glass And Patterned Glass)
4.3.3. Market Size And Forecast
Chapter 5 Global Construction Glass Market, By Application
5.1.1. Market Size And Forecast
5.2.1. Key Market Trends
5.2.2. Key Drivers And Opportunities
5.2.3. Market Size And Forecast
5.3.1. Key Market Trends
5.3.2. Key Drivers And Opportunities
5.3.3. Market Size And Forecast
Chapter 6 Global Construction Glass Market, By Chemical Composition
6.1.1. Market Size And Forecast
6.2. Soda-Lime Glass
6.2.1. Key Market Trends
6.2.2. Key Drivers And Opportunities
6.2.3. Market Size And Forecast
6.3. Potash-Lime Glass
6.3.1. Key Market Trends
6.3.2. Key Drivers And Opportunities
6.3.3. Market Size And Forecast
6.4. Potash-Lead Glass
6.4.1. Key Market Trends
6.4.2. Key Drivers And Opportunities
6.4.3. Market Size And Forecast
Chapter 7 Global Construction Glass Market, Manufacturing Process
7.1.1. Market Size And Forecast
7.2. Float Process
7.2.1. Key Market Trends
7.2.2. Key Drivers And Opportunities
7.2.3. Market Size And Forecast
7.3. Rolled/Sheet Process
7.3.1. Key Market Trends
7.3.2. Key Drivers And Opportunities
7.3.3. Market Size And Forecast
Chapter 8 Global Construction Glass Market, By Geography
8.2. North America
8.2.1. Key Market Trends
8.2.2. Key Drivers And Opportunities
8.2.3. Market Size And Forecast
8.3.1. Key Market Trends
8.3.2. Key Drivers And Opportunities
8.3.3. Market Size And Forecast
22.214.171.124. Rest Of Europe
8.4.1. Key Market Trends
8.4.2. Key Drivers And Opportunities
8.4.3. Market Size And Forecast
126.96.36.199. Rest Of Asia-Pacific
8.5.1. Key Market Trends
8.5.2. Key Drivers And Opportunities
8.5.3. Market Size And Forecast
188.8.131.52. Latin America
184.108.40.206. Middle East
Chapter 9 Company Profiles
9.1. Compagnie De Saint Gobain Sa
9.1.1. Company Overview
9.1.2. Operating Business Segments
9.1.3. Business Performance
9.1.4. Key Strategic Moves & Developments
9.2. Asahi Glass Co. Ltd.
9.2.2. Operating Business Segments
9.2.3. Business Performance
9.2.4. Key Strategic Moves & Developments
9.3. Ppg Industries, Inc.
9.3.2. Operating Business Segments
9.3.3. Business Performance
9.3.4. Key Strategic Moves & Developments
9.4. Nippon Sheet Glass Co. Ltd.
9.4.2. Operating Business Segments
9.4.3. Business Performance
9.4.4. Key Strategic Moves & Developments
9.5. Xinyl Glass Holdings Limited.
9.5.2. Operating Business Segments
9.5.3. Business Performance
9.5.4. Key Strategic Moves & Developments
9.6. Central Glass Co. Ltd.
9.6.2. Operating Business Segments
9.6.3. Business Performance
9.6.4. Key Strategic Moves & Developments
9.7. China Glass Holdings Limited
9.7.2. Operating Business Segments
9.7.3. Business Performance
9.7.4. Key Strategic Moves & Developments
9.8. Guardian Industries Corp.
9.8.2. Key Strategic Moves & Developments
9.9. Schott Ag
9.9.2 Operating Business Segments
9.10. Sisecam Group
9.10.2. Operating Business Segments
9.10.3. Business Performance
9.10.4. Key Strategic Moves & Developments
Construction glass possesses numerous physical and chemical properties such as electric resistance, chemical resistance, and flexibility in molding, and is unaffected to changes in climatic conditions, thus, fueling the growth of the construction glass market. Increase in adoption of energy-saving products with new infrastructural and construction projects in the developed and developing regions has supplemented the market growth of low-e glass market. In addition, construction glass helps to increase the influx of natural light in the building and meets the need of energy-efficient temperature management. Low-emissivity property of glass is used in advanced glazing solutions to significantly reduce the need of heating and cooling in the buildings, consequently reducing energy consumption and associated CO2 emissions. However, high costs associated with raw materials and economic downturn restrain the market growth.
Major types of construction glass products included in the report are low-e glass and special glass. Special glass constituted the highest market share over 69% in 2015, and is estimated to reach $83,093 million by 2022, growing at a CAGR of 6.8% from 2016 to 2022. This is attributed to enhanced features such as safety of home from external environmental hazards such as protection from UV rays and noise pollution. Low-e glass is estimated to reach $38,784 million by 2022, registering a CAGR of 7.8%.
Construction glass is used extensively in residential and nonresidential buildings. Nonresidential construction segment accounted for the largest share of more than 64% in 2015, owing to increase in construction activities of green buildings and various government regulations related to energy-efficient buildings. In addition, new buildings, educational institutes, and industrial buildings have started using solar control low-e glass, which fueled the market growth.
The global construction glass market is categorized based on chemical composition into soda-lime glass, potash-lime glass, and potash-lead glass. Soda-lime glass is the most prevalent type of glass that is used in residential and nonresidential buildings. The segment accounted the highest revenue in the construction glass market constituting around $68,323 million in 2015. However, potash-lead glass segment is expected to dominate the market during the forecast period owing to high refractive index and increased adoption in the manufacturing of artificial gems, electric bulbs, lenses, and prisms.
Among manufacturing process, float process contributed the maximum share in 2015, and is expected to maintain its lead throughout the forecast period, owing to uniform thickness and flat surfaces provided by float process.
Asia-Pacific accounted for the maximum market share in 2015, and is expected to maintain its lead throughout the forecast period. This is attributed to stringent government regulations related to energy efficiency and infrastructural developments. Moreover, increased adoption of construction glass in developing countries such as India, Thailand, and Malaysia supplemented the market growth. The special glass segment is projected to dominate the global construction glass industry throughout the analysis period, owing to the growing desire for convenience, comfort, and aesthetics and increased focus on energy conservation & safety. LAMEA is expected to witness significant growth in the construction glass industry during the forecast period, owing to increase in industrial and infrastructural activity, especially in Brazil.
Key Findings of the Construction Glass Market:
In 2015, special glass accounted for the maximum revenue, and is projected to grow at a CAGR of 6.8% during the forecast period.
Nonresidential application segment is expected to grow at a highest CAGR of 7.4% during the forecast period.
China is the major shareholder in the Asia-Pacific construction glass market, accounting for around 44% share in 2015.
In 2015, soda-lime glass accounted for the highest market share, accounting for over 89%, and is projected to grow at a CAGR of 7.0% during the forecast period.
U.S. possessed the largest customer base in North America construction glass market in 2015, and is anticipated to dominate the market throughout the forecast period.
The key players profiled in the global construction glass industry have focused to expand their business operations in the emerging countries by adopting various strategies including R&D, product launch, and acquisition & merger to strengthen their position in the market. For example, Gulf Construction Company launched glass toughening film, for protection against violent weather, accidental glass shattering, and glass-related injuries. The major players profiled in this report include Compagnie de Saint-Gobain S.A., Asahi Glass Co. Ltd., PPG Industries, Inc., Nippon Sheet Glass Co. Ltd., Xinyl Glass Holdings Limited., Central Glass Co., Ltd., China Glass Holdings Limited, Guardian Industries Corp., Schott AG, and Sisecam Group.
- Compagnie De Saint-Gobain S.A.
- Asahi Glass Co., Ltd.
- Ppg Industries, Inc.
- Nippon Sheet Glass Co. Ltd.
- Xinyl Gas Holdings Limited.
- Central Glass Co., Ltd.
- China Glass Holdings Limited
- Guardian Industries Corp.
- Schott Ag
- Sisecam Group