Industry Background:
A construction glass possesses several chemical and physical properties including chemical resistance, electric resistance, and flexibility in molding. It is also unaffected to changes in climate conditions. Additionally, construction glass helps to increase the influx of natural light in the building and meets the need for energy-efficient temperatures management. Low-emissivity property of glass is used in advanced glazing solutions to considerably reduce the need for heating & cooling in the buildings, consequently reducing energy consumption and associated CO2 emissions. Growth in the construction industry across the globe is one of the major driver contributing to the growth of the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | S.A. Bendheim Ltd. (United States), AGC Glass Company North America, Inc. (United States), Schott AG (Germany), Central Glass Co. Ltd. (Japan), PPG Industries, Inc. (United States), Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), JE Berkowitz, LP (United States), AGNORA (United States) and Guardian Industries Corp Ltd (United States) |
According to AMA, the market for Construction Glass is expected to register a CAGR of 7.1% during the forecast period to 2028. This growth is primarily driven by Growth in the Construction Industry, Need for Energy Savings, Technological Advancements in Glass Industry and Demand for Value-Added Glass Products.
Globally, a noticeable market trend is evident The Growing Popularity of Green Glass The Construction Materials sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as S.A. Bendheim Ltd. (United States), AGC Glass Company North America, Inc. (United States), Schott AG (Germany), Central Glass Co. Ltd. (Japan), PPG Industries, Inc. (United States), Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), JE Berkowitz, LP (United States), AGNORA (United States) and Guardian Industries Corp Ltd (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 8 May 2019, Bendheim is introducing its Metalix 2 Glass Collection. The new architectural glass designs feature intricate woven metal interlayers in silver, bronze, and rose gold colors. The laminated glass brings luxe hospitality aesthetic to contemporary office interiors, as well as enhanced visual and acoustic privacy. The Metalix 2 collection consists of eight new glass types – Palest Bronze Wire, Rose Gold Wire, Fine Dual-Sided Mesh, Silver Twill Weave, Silver Mesh, Bronze Mesh, Fine Bronze Mesh, and Diamond Weave, available through the company’s nationwide representative network.
In July 2017, IFC, a member of the World Bank Group, will lend 100 million USD to NSG UK Enterprises, a subsidiary of Japan’s Nippon Sheet Glass, Co., Ltd., to finance sustainable automotive and architectural glass production in Brazil and Poland.
Influencing Trend:
The Growing Popularity of Green Glass
Market Growth Drivers:
Growth in the Construction Industry, Need for Energy Savings, Technological Advancements in Glass Industry and Demand for Value-Added Glass Products
Challenges:
Volatility in Raw Material Prices and Environmental & Government Regulations
Restraints:
Regulations for Carbon Dioxide Emissions and Economic Downturn Faced By Major Regions
Opportunities:
Rising Demand for Green Buildings and Growing Infrastructural Developments Projects in Developing Regions
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Construction Glass Market
- Analysis about New Entrants in Construction Glass Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Construction Glass Study Sheds Light on
The Construction Glass Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Construction Glass industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Construction Glass industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.