Global Glass Manufacturing Market Overview:
Glass manufacturing involves the making of glass from raw materials like silica sand, soda ash, and limestone. Rising construction activities due to increasing urbanization across the globe especially in developing economies is driving growth for glass market. Emerging trend of sustainable packaging and use of recycled glass is likely to fuel significant growth in the market during the forecasted period. Manufacturers are using automation technologies in order to make things run faster and producing better quality products is expected to create opportunities for specialty glass market. Furthermore Asia Pacific region is expected to witness tremendous growth due to increasing demand of specialty glass for various applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Advancement in Glass Technology and Development of Specialty Glasses With Self-Cleaning and Improved Insulation
Market Growth Drivers:
Increasing Urbanization and Growth of Residential and Commercial Construction Sector and Rising Demand of Glass for Fiber optic Cables, Windshields and Display Screens Applications
Challenges:
Stiff Competition in the Global Market Due to Availability of Various Players
Restraints:
Fluctuating Price of Raw Materials May Affect the Glass Manufacturing Market
Opportunities:
Emerging Trend of Advanced Technologies Such as AR and VR is Expected to Create Opportunities and Demand of Light Weight and High Strength Glass for Photovoltaic and Automotive Applications
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Corning Incorporated (United States), Saint-Gobain S.A. (France), Vitro (Mexico), AGC Inc. (Japan), Nippon Sheet Glass Co., Ltd. (Japan), Cornwall Glass (United Kingdom), Koch Industries, Inc. (United States), Taiwan Glass Industry Corporation (Taiwan), Xinyi Glass Holdings Limited (Hong Kong), PPG Industries, Inc. (United States), Fuyao Glass Industry Group Co., Ltd (China), China Glass Holdings Company (Hong Kong) and CAG Holding GmbH (Austria). Analyst at AMA Research see Global Vendors to retain maximum share of Global Glass Manufacturing market by 2030. Considering Market by Type, the sub-segment i.e. Soda-Lime Glass will boost the Glass Manufacturing market. Considering Market by Production Method, the sub-segment i.e. Float Glass Process will boost the Glass Manufacturing market.
What Can be Explored with the Glass Manufacturing Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Glass Manufacturing Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Glass Manufacturing
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Glass Manufacturing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Glass Manufacturing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Glass Manufacturers, Suppliers & Distributors, Raw Material Providers, Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.