Flat Glass Market Prognosticated For A Ravishing Growth By 2030 | Saint Gobain, Cevital Group, Vitro, Euroglas, Schott AG
The flat glass market size was USD 140.30 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to the latest analysis by Emergen Research.
Rising demand for
flat glass from the automotive sector for various applications in passenger
vehicles is a major factor driving market revenue growth. In addition,
increasing use of flat glass for production of solar panels is expected to
propel revenue growth of the market in the future. Bulk of solar modules used
for production of glass is the single largest component by mass, accounting for
around 97% of module\'s weight. In solar power systems, glass is used to
protect components, provide structural strength to module, and enclose cells.
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The Flat Glass
Market Research Report to its expanding repository is an all-inclusive document
containing insightful data about the Flat Glass market and its key elements.
The report is formulated through extensive primary and secondary research and
is curated with an intent to offer the readers and businesses a competitive
edge over other players in the industry.
The report sheds
light on the minute details of the Flat Glass industry pertaining to growth
factors, opportunities and lucrative business prospects, regions showing
promising growth, and forecast estimation till 2030. The report assesses the
historical data and current scenario to offer accurate estimations of the Flat
Glass market in the coming years.
Key players in the market include Saint Gobain,
Cevital Group, Vitro, Euroglas, Schott AG, Cardinal Glass Industries, Guardian
Industries, Gulf Glass Industries, Scheuten Glass, and China Glass Holdings
Limited.
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Key Highlights From the Report
The insulated segment is expected to register a steady growth throughout
the forecast period due to their demand for manufacturing glass panes, doors,
and windows owing to their superior insulation qualities provided by air space
between two layers of glass.
The architectural segment is expected to register a significant market
revenue growth owing to rising construction demand across the globe. Flat glass
is applicable in every single building for various outdoor and indoor
applications.
The Asia Pacific market is expected to register a considerable growth due
to the ever-growing construction industry in China and India.
Emergen Research has segmented the flat glass market based on product,
application, and region:
Product Outlook (Revenue, USD Billion; 2019–2030)
Basic
Laminated
Insulated
Tempered
Coated
Others
Application Outlook (Revenue, USD Billion; 2019–2030)
Architectural
Automotive
Others
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Regional
Analysis:
The report further examines the market in the key regions of the world
with regard to production and consumption patterns, import/export, supply and
demand ratio, revenue generation, market share and size, and presence of
prominent players in the regions. The report also covers the expansion plans
undertaken by companies in the regions under the regional analysis section.
Key regions
in the market include:
North
America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin
America
Chile
Brazil
Argentina
Rest of Latin
America
Middle East
& Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
Key
Questions Addressed in the Report:
Who are the leading players in the Flat Glass industry?
Which region is expected to dominate the market in the coming years?
What are the key applications of Flat Glass?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
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