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Flat Glass - Global Market Trajectory & Analytics

  • ID: 338448
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
Consumption of Advanced Flat Glass Gains Momentum

FEATURED COMPANIES

  • Asahi Glass Co. Ltd.
  • Asahi India Glass Ltd.
  • Carlex Glass America LLC
  • Central Glass Co. Ltd.
  • Compagnie De Saint-Gobain
  • Guardian Industries
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.

Select Competitors (Total 94 Featured):
  • 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
Frequently Asked Questions about the Global Market for Flat Glass

What is the estimated value of the Global Market for Flat Glass?

The Global Market for Flat Glass was estimated to be valued at $155.0 Billion in 2020.

What is the growth rate of the Global Market for Flat Glass?

The growth rate of the Global Market for Flat Glass is 9.0%, with an estimated value of $283.3 Billion by 2027.

What is the forecasted size of the Global Market for Flat Glass?

The Global Market for Flat Glass is estimated to be worth $283.3 Billion by 2027.

Who are the key companies in the Global Market for Flat Glass?

Key companies in the Global Market for Flat Glass include 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 and Taiwan Glass Group.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Asahi Glass Co. Ltd.
  • Asahi India Glass Ltd.
  • Carlex Glass America LLC
  • Central Glass Co. Ltd.
  • Compagnie De Saint-Gobain
  • Guardian Industries
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • 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

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
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • 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

A selection of companies mentioned in this report includes:

  • 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
Note: Product cover images may vary from those shown