Flat Glass Market Size, Share, Trends and Forecast 2020-2025

Press Release:

Global Flat Glass Market to Reach US$ 153.3 Billion by 2024, Impelled by Rapid Industrialization

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Flat Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global flat glass market was worth US$ 110 Billion in 2019. Flat glass, also known as sheet or plate glass, is most commonly used for manufacturing windows, doors, mirrors and solar panels. It is produced by melting sand, soda ash and silica into liquid and spreading it to the desired thickness. The molten liquid is then cooled to obtain the desired product. Flat glass is produced via controlled thermal and chemical reactions to ensure toughness in the structural formation. Despite this, flat glass is highly flexible and customizable once it is made.

The thriving construction industry is the key factor driving the growth of the market. Furthermore, the increasing infrastructural expenditure on the construction of eco-friendly green buildings, which aid in minimizing carbon emissions into the environment, is also driving the market growth. Flat glass is widely used in photovoltaic modules, e-glass structures and solar panels due to the rising need for clean energy across the globe. It is gradually replacing the traditionally materials like bricks, stone and wood. Insulated flat glass is transparent and recyclable, which reduces pollution and enhances the comfort for the inhabitants of the building. Moreover, the flourishing automotive industry is another factor contributing to the market growth. The automobile manufacturers are increasingly employing tempered glass due to its shatterproof properties that can prevent severe injuries and possible life threats in case of accidents. Other factors such as the implementation of nanotechnology to produce lightweight glazing glass and solar control panels coupled with the increasing urbanization and rising disposable incomes are further creating a positive outlook for the market. Looking forward, IMARC Group expects the global flat glass market to continue its moderate growth during the next five years.

Report Coverage:

Historical, Current and Future Market Trends
Market Breakup by Technology:
- Float Glass
- Sheet Glass
- Rolled Glass
Market Breakup by Product Type:
- Basic Float Glass
- Toughened Glass
- Coated Glass
- Laminated Glass
- Insulated
- Extra Clear Glass
- Others
Market Breakup by Raw Material:
- Sand
- Soda Ash
- Recycled Glass
- Dolomite
- Limestone
- Others
Market Breakup by End-Use:
- Safety and Security
- Solar Control
- Others
Market Breakup by Type:
- Fabricated
- Non-Fabricated
Market Breakup by End Use Industry:
- Construction
- Automotive
- Solar Energy
- Electronics
- Others
Market Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Asahi Glass, Saint-Gobain, Guardian Industries, Nippon Sheet Glass, Central Glass, Cardinal Glass Industries, Fuyao Glass Industry Group, Sisecam Group, Taiwan Glass, CSG Holding Co. Ltd, Vitro, DB Glass, Gulf Glass Industries, etc.

Key Questions Answered in This Report:

How has the global flat glass market performed so far and how will it perform in the coming years?
What are the key regional markets in the global flat glass industry?
What has been the impact of COVID-19 on the global flat glass industry?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the raw material?
What is the breakup of the market based on the end-use?
What is the breakup of the market based on the type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the global flat glass industry?
What are the key driving factors and challenges in the global flat glass industry?
What is the structure of the global flat glass industry and who are the key players?
What is the degree of competition in the global flat glass industry?
What are the profit margins in the flat glass industry?