Market Overview:

The global construction glass market reached a value of US$ 96.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 142.15 Billion by 2027 exhibiting a CAGR of 6.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Construction glass refers to a solid, translucent glazing material widely used in various structural applications in buildings. Some commonly used construction glass includes laminated, shatterproof, float, sheet, chromatic, tinted, wired, and toughened glass. It is generally utilized for external walls, windows, and doors. Construction glass is transparent; resistant to electricity, chemicals and water; has excellent thermal insulation; and superior workability, and recyclability. As a result, in recent years, construction glass has gained traction as a sustainable alternative to traditional building materials, including wood, bricks, and polycarbonate (PC), due to its cost-effectiveness, lightweight, high strength, and environmental friendliness.

Construction Glass Market Trends:

Construction glass increases the influx of natural light in the building, reduces energy consumption, minimizes carbon emissions, and enhances the aesthetic appeal of structures. As a result, the rising construction activities across the residential, commercial and industrial sectors represent the primary factors driving the market growth. Besides this, the expanding middle-class population with high disposable incomes has catalyzed the demand for sustainable construction, which in turn, is accelerating the adoption of construction glass. Additionally, governments of various countries are taking several initiatives, such as introducing favorable policies and lucrative incentives, to promote green construction to minimize greenhouse emissions and energy consumption. Along with this, the increasing investments in the renovation or modernization of the existing infrastructure are propelling the market growth. Furthermore, the leading players are engaging in research and development (R&D) activities to launch innovative construction glass to expand their product portfolio and gain a competitive edge in the market. Other factors, including the growing need for energy-efficient temperature management, shifting consumer preferences toward quality interiors, rapid urbanization and industrialization, and advancements in the glass industry, are also creating a positive market outlook.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global construction glass market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, chemical composition, manufacturing process and application.

Breakup by Product Type:

• Special Glass
  • Flat Glass
  • Laminated Glass
  • Toughened Glass
  • Others
• Low-e Glass
  • Hard Coat Low-e Glass
  • Soft Coat Low-e Glass
     

Breakup by Chemical Composition:

• Soda-Lime
• Potash-Lime
• Potash-Lead
   

Breakup by Manufacturing Process:

• Float Process
• Rolled/Sheet Process
   

Breakup by Application:

• Non-Residential
• Residential
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain S.A., Corning Incorporated, CSG Holding Co. Ltd., Guardian Industries (Koch Industries Inc.), Nippon Electric Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., PPG Industries Inc., Schott AG, Sisecam and Xinyi Glass Holdings Limited.

Report Coverage: