About Flat Glass
Flat glass is a type of glass, which initially is produced in plane or sheet or flat form, and are commonly used in the windows, doors, walls which are transparent, and windscreens. They are also used for modern infrastructure and automotive applications, these flat glasses are occasionally bent after the production of the plane or flat sheet. The flat glass contains the content of higher magnesium oxide and sodium oxide compared to container glass. Increasing demand for photovoltaic modules will give rise and demand for clean energy and will drive market growth in the forecasted year.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The flat glass market is highly fragmented with the top players constituting more than half the market share. Dynamic shifts in the product standards, like lightweight, and non-fragile nature are driving the flat glass manufacturers to incorporate the latest technological innovative methods. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Flat Glass market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (United States), Taiwan Glass Ind. Corp. (Taiwan), China Glass Holdings Limited (Hong Kong), Trulite Glass & Aluminum Solutions (United States), PPG Industries, Inc. (United States), Cardinal Glass Industries, Inc. (United States) and Independent Glass Co. Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Xinyi Glass Holdings Limited (Hong Kong) and AGC Flat Glass (Dalian) Co. Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Flat Glass market by Type (Coated Flat Glass, Uncoated Flat Glass, Insulated Glass, Tempered Glass, Laminated Glass and Other), Application (Construction Industries, Automotive Industries, Solar Glass Industries and Others) and Region.
On the basis of geography, the market of Flat Glass has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology Type, the sub-segment i.e. Float will boost the Flat Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use Industry, the sub-segment i.e. Construction & Infrastructure will boost the Flat Glass market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Acceptance of Low-E Glass Usage in Flat Glass and Adoption of New Technological Advancements in Flat Glass
Market Growth Drivers:
Rising Demand from Construction & Infrastructure Industry Globally and Increasing Penetration of Flat Glass in Passenger Cars, Buses, and Trains
Challenges:
An Issue with Weak Supply Chain Management of Flat Glass and Issue Related with Energy-Efficient Manufacturing Process
Restraints:
Stringent Government Regulations on Carbon Dioxide Emission and Lack of Logistics and Volatile Raw Material Prices
Opportunities:
Growing Demand for Green Buildings in both Developed and Developing Nations and Investment in Infrastructure Projects in Developing Economies
Market Leaders and their expansionary development strategies
In April 2019, PPG completed the acquisition of automotive coatings manufacturer Hemmelrath. This company manufacturers coating for automotive original equipment manufacturers (OEMs). Hemmelrath supplies automotive plants worldwide, and more than 7 million vehicles are coated with its products each year.
In January 2019, Saint Gobain enlarged its flat glass production capacity in Columbia. It also announced that Tecnoglass has taken a minority share in the capital of its Colombian subsidiary Vidrio Andino. Within the framework of this partnership, Vidrio Andino will build a new float in Colombia to meet the growing demand for glass in this region.
Key Target Audience
Flat Glass Manufacturers, Raw Material Suppliers, Distributors & Suppliers and Industry Associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.