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Flat Glass Market 2019-2024 Leading Countries with Growth Rate, Price, Revenue, Size, Share, Latest Trends, and Forecast

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Flat Glass

The Flat Glass report market research report highlights the factors that influence market growth, Volume and product development along with technological upgradations that can boost the market. The report also analyzes the growth rate, future trends, sales channels, distributors with market actual development and Analysis for huge growth by 2024. An important evaluation of other factors such as demand and supply status, import and export, distribution channel, and production capacity play a vital role in offering business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space.

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Market Overview:

  • The flat glass market was valued at USD 108.51 billion in 2018, and is expected to reach a value of USD 180.79 billion by 2024 at a CAGR of 9.33%, over the forecast period 2019 -2024. Insulated flat glass is witnessing increasing deployment as it reduces pollution, saves energy, and improves the comfort inside the building. The enhanced properties of acoustic insulation and thermal insulation provided by these products are expected to drive the demand.
  • – Factors like increasing urbanization, rise in the real estate sector, usage of solar products, and product innovation, in terms of characteristics, are further driving the growth of the market.
  • – The growing solar energy market, due to increasing dependency on renewable energy sources, along with the subsidies available for energy storage, is to propel the growth of the market, thus, accelerating the glass demand in the market.
  • – As there are only a few products that are involved in the production of flat glass, they cannot be substituted by others. However, fluctuating raw material prices, coupled with weak supply chain management, have a considerable effect on the overall price of flat glass products, challenging the market growth.

    Scope of the Report:

  • Flat glass is produced in plane form and has significant applications in transparent walls, windscreens, windows and doors for the construction industry and as windshield & windows in the automotive industry. It has a lower concentration of calcium oxide, silica and aluminium oxide. Fundamental properties include transparency and recyclability which makes the end-product suitable for packaging applications
  • Top Players Are:

  • Saint Gobain Corporation
  • Schott AG
  • Euroglass SPA
  • Nippon Sheet Glass Co.
  • Ltd
  • Asahi Glass Group
  • PPG Industires Inc.
  • Cardinal Glass Industries
  • Phoenicia Flat Glass Industries Ltd.

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    Key Market Trends:

    Automotive Industry to Drive the Demand for Flat Glass

    – Flat glass has two major routes for application in the automotive industry, which are original equipment (OE), supplied to manufacturers for new vehicles and automotive glass replacement (AGR) product, supplied to the aftermarket for retrofit purposes, and damages.
    – According to OICA, 91.54 million commercial & passenger vehicles were produced worldwide in 2018. Increasing vehicle penetration due to the growing spending power of consumers accelerated the flat glass market.
    – Additionally, the significant growth in luxury cars that include double-thick glass in interiors is also one of the factors driving the sales of automotive flat glass market.
    – Moreover, increased spending by major automobile players is also driving the market. For instance, Ford is planning to double its EV spending which has led to the total investment in EVs to USD 90 billion.

    Asia-Pacific to be the Fastest Growing Market

    – Owing to the presence of emerging nations such as India, China, South Korea, among others the Asia Pacific region is to become the fastest growing sector in the flat glass market.
    – Moreover, international vendors are shifting their manufacturing base to Asia Pacific region. This can be due to the availability of cheap unskilled and skilled workers in the region.
    – Rapid industrialization & urbanization in India, China and other countries in the Asia Pacific region, combined with the adoption of smart & energy efficient technology as advanced construction practice have a positive influence on flat glass demand.
    – Increased application in automotive manufacturers such as window & windshield in countries such as India, China will also drive the market. For instance, in India, according to IBEF,24.97 million vehicles are sold in the year 2018.

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    Reasons to Purchase This Report: –

    • Analysing the outlook of the Flat Glass market with the recent trends and Porter’s five forces analysis
    • To study current and future market outlook in the developed and emerging markets
    • Market dynamics scenario, along with growth opportunities of the market in the years to come
    • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
    • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
    • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
    • Distribution Channel Sales Analysis by Value
    • Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategy employed by the major market players
    • 3-month analyst support, along with the Market Estimate sheet in excel.

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    Detailed TOC of Flat Glass Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Industry Value Chain Analysis
    4.3 Industry Attractiveness – Porter’s Five Force Analysis
    4.3.1 Bargaining Power of Suppliers
    4.3.2 Bargaining Power of Buyers/Consumers
    4.3.3 Threat of New Entrants
    4.3.4 Threat of Substitute Products
    4.3.5 Intensity of Competitive Rivalry
    4.4 Market Drivers
    4.4.1 Growing Electronic Display Demand
    4.4.2 Positive Automotive Industry Outlook
    4.5 Market Restraints
    4.5.1 Fluctuating Raw Material Prices

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Insulated Glass
    5.1.2 Tempered Glass
    5.1.3 Laminated Glass
    5.1.4 Other Product Types
    5.2 End-User Vertical
    5.2.1 Construction
    5.2.2 Automotive
    5.2.3 Other End-User Verticals
    5.3 Geography
    5.3.1 North America
    5.3.1.1 United States
    5.3.1.2 Canada
    5.3.2 Europe
    5.3.2.1 United Kingdom
    5.3.2.2 Germany
    5.3.2.3 France
    5.3.2.4 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 India
    5.3.3.3 Japan
    5.3.3.4 Rest of Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Saint Gobain Corporation
    6.1.2 Schott AG
    6.1.3 Euroglass SPA
    6.1.4 Nippon Sheet Glass Co., Ltd
    6.1.5 Asahi Glass Group
    6.1.6 PPG Industires Inc.
    6.1.7 Cardinal Glass Industries
    6.1.8 Phoenicia Flat Glass Industries Ltd.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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