Flat Glass Market Major Players with Report Data 2030
The Global Flat Glass Market report
contains historical, current, and forecast estimation of the revenue generation
and profits for each segment and sub-segment of the Flat Glass Market in each
key region of the world. The report additionally sheds light on the emerging
growth opportunities in the business sphere that are anticipated to bolster the
growth of the market. The report also profiles established and emerging players
of the market, covering the business overview, product portfolio, strategic
alliances, and business expansion strategies.
The flat glass
market size was USD 140.30 Billion in 2021 and is expected to
register a revenue CAGR of 7.5% during the forecast period, according to the
latest analysis by Emergen Research. Rising demand for flat glass from the
automotive sector for various applications in passenger vehicles is a major
factor driving market revenue growth. In addition, increasing use of flat glass
for production of solar panels is expected to propel revenue growth of the
market in the future. Bulk of solar modules used for production of glass is the
single largest component by mass, accounting for around 97% of module's weight.
In solar power systems, glass is used to protect components, provide structural
strength to module, and enclose cells. Moreover, it is also used to make
mirrors for solar power systems that focus on sunlight. Furthermore, it
is often employed in solar applications as glass can transfer light without
absorbing it and can be used to concentrate sunlight and other light sources in
various applications, as glass can be manufactured with a reflective coating on
one or both sides.
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major disadvantage of glass is that it causes a
lot of glare. Most glasses are not earthquake-resistant, making them unsuitable
for places where earthquakes occur frequently. In addition, to ensure
earthquake-resistant homes, a highly expensive sort of glass treatment can be
applied to make them earthquake-resistant, however, such glass is not
particularly economical. Using flat glass in a building may result in increased
expenses for making building safe and secure, as glass creates a lot of
transparency.
Covid 19 impact
analysis:
The
report contains updated information about the ongoing COVID-19 pandemic and
acts as an accurate analysis of the COVID-19 impact on the Flat Glass Market .
The report draws attention to the COVID-19 impact on the market and its crucial
segments. As per the report, the current pandemic is one of the major
contributing elements for the potential decline of the market in the coming
years. The business sector has been drastically affected by the pandemic, which
has adversely altered the market dynamics and demand trends. Financial
difficulties brought by the pandemic have delayed the progress rate of various
businesses and disrupted the global supply chains. The report further provides
a future impact assessment of the Flat
Glass Market concerning COVID-19.
Key
players in the market include Saint
Gobain, Cevital Group, Vitro, Euroglas, Schott AG, Cardinal Glass Industries,
Guardian Industries, Gulf Glass Industries, Scheuten Glass, and China Glass
Holdings Limited.
Some Key Highlights From the Report
- The insulated segment is expected to register a
steady growth throughout the forecast period due to their demand for
manufacturing glass panes, doors, and windows owing to their superior
insulation qualities provided by air space between two layers of glass.
- The architectural segment is expected to register
a significant market revenue growth owing to rising construction demand
across the globe. Flat glass is applicable in every single building for
various outdoor and indoor applications.
- The Asia Pacific market is expected to register a
considerable growth due to the ever-growing construction industry in China
and India.
Global Flat Glass Market Geographical
Landscape - Synopsis:
·
The report closely studies the growth
trajectory of the global Flat Glass
Market . It brings to light the global
dominance of the leading regional segments, including North
America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
·
The study elaborates on the crucial
information pertaining to the regional market share. It simultaneously focuses
on the significant details about the growth patterns of each regional market.
·
Moreover, the report encases an
exhaustive geographical study of the market, emphasizing the business growth
prospects and market barriers for each of the key market regions.
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complete report @ https://www.emergenresearch.com/industry-report/flat-glass-market
Emergen Research has segmented the flat glass market based on product,
application, and region:
·
Product
Outlook (Revenue, USD Billion; 2019–2030)
o Basic
o Laminated
o Insulated
o Tempered
o Coated
o Others
·
Application
Outlook (Revenue, USD Billion; 2019–2030)
o Architectural
o Automotive
o Others
Report Highlights:
·
The report conducts a comparative
assessment of the leading market players participating in the global Flat Glass Market .
·
The report marks the notable
developments that have recently taken place in the Flat Glass Market tindustry
·
It details on the strategic initiatives
undertaken by the market competitors for business expansion.
·
It closely examines the micro- and
macro-economic growth indicators, as well as the essential elements of the Flat Glass Market value chain.
·
The repot further jots down the major
growth prospects for the emerging market players in the leading regions of the
market.
About Us:
At Emergen
Research, we believe in advancing with technology. We are a growing market
research and strategy consulting company with an exhaustive knowledge base of
cutting-edge and potentially market-disrupting technologies that are predicted
to become more prevalent in the coming decade.
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