Flat Glass Market Expanding at a CAGR of 6.6% By 2024 - IMARC Group

Global Flat Glass Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved

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Report Description Global Flat Glass Market Overview:

According to the latest report by IMARC Group, titled “ Flat Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024�, the global flat glass market size reached US$ 104.5 Billion in 2018. Flat glass refers to a type of glass that is manufactured to form thin or wide slab planar structures. It is available in a wide variety of sizes, shapes and thickness, and is widely utilized in doors, windows, mirrors, windshields, solar panels and transparent walls. This form of glass is prepared by melting sand, silica and soda ash into a liquid, which is then spread on a plane surface, depending upon the required thickness and shape. These sheets of glass can be transparent or treated with certain elements for an opalescent or iridescent look.

Depending upon the application, the glass can also be bent after production. Since it is highly flexible and customizable in nature, it is widely utilized by numerous industries for a wide array of applications.

Global Flat Glass Market Trends: Rapid urbanization and industrialization across the globe, especially in developing economies, are primarily driving the growth of the market. The emerging trend of green construction on account of the growing environmental consciousness and enhanced focus on sustainable development by the governments of numerous countries is significantly driving the demand for flat glass.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

In addition to this, growing awareness regarding the hazardous effects of using conventional sources of energy has led to the shift toward renewable energy sources. Consequently, there is an increase in the adoption rates of solar panels, which has bolstered the sales of flat glass on a global level.

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Furthermore, since these glasses are extensively utilized for manufacturing windshields and windows in vehicles, the thriving automotive industry is also providing a boost to the market growth. On account of the aforementioned factors, the market is projected to reach a value of US$ 153.3 Billion by 2024, expanding at a CAGR of 6.6% during 2019-2024.

Flat Glass Market Segmentation Market Segmentation by Technology o Float Glass o Sheet Glass o Rolled Glass Based on the technology, the market has been divided into float, sheet and rolled glasses.

Market Segmentation by Product Type • •

Basic Float Glass Toughened Glass

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Coated Glass Laminated Glass Insulated Extra Clear Glass Others

On the basis of the product, the market has been categorized into basic float, toughened, coated, laminated, extra clear, insulated and other types of glass.

For more information, click here: https://www.imarcgroup.com/flat-glass-market Market Segmentation by Raw Material • • • • • •

Sand Soda Ash Recycled Glass Dolomite Limestone Others

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Based on the raw material, the market has been segregated into sand, soda ash, recycled glass, dolomite, limestone and others.

Market Segmentation by End-Use • • •

Safety and Security Solar Control Others

On the basis of the end use, the market has been classified into safety and security, solar control and others.

Market Segmentation by Type • •

Fabricated Non-Fabricated

Based on the type, the market has been bifurcated into fabricated and non-fabricated.

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Market Segmentation by End Use Industry • • • • •

Construction Automotive Solar Energy Electronics Others

On the basis of the end use industry, the market has been divided into construction, automotive, solar energy, electronics and others.

Market Segmentation by Region • • • • •

Asia Pacific Europe North America Middle East and Africa Latin America

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On the geographical front, the market has been segregated into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • • • • •

Asahi Glass Saint-Gobain Guardian Industries Nippon Sheet Glass Central Glass Cardinal Glass Industries Fuyao Glass Industry Group Sisecam Group Taiwan Glass CSG Holding Co. Ltd Vitro DB Glass

A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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