The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt in many end-use industries directly affected the chemical demand all around the world.
Flat Glass Market Overview
The global flat glass market size was valued at USD 273.45 billion in 2021 and is expected to grow at a CAGR of 4.3% from 2023 to 2030
The growth of the global flat glass market is estimated to observe a boom in the coming years. The incredible growth in the construction sector provides larger opportunities for market development. Rapid growth in population globally, ultimately increasing the need for housing, recreational centres, and commercial centres. This factor upsurges the growth of the flat glass market. A major portion of this growth will be accounted for in India, China, and the United States of America. Additionally, Aesthetics is a significant feature of the most premium building. This key factor goes in favour of the market growth. Thus, translucent and transparent glasses have a high demand for reasons of being attractive and easy to work. Coloured flat glass is also used in the construction industry. Flat glass is mostly used in interior designing and planning which further drives its sales across the global market.
Flat glass plays an important role in the reduction of climate change effects. It helps in energy conservation through high-performance architectural glass products and reducing greenhouse gas emissions. Moreover, due to its significance, flat glass has many applications in various sectors such as aerospace, electronics, and telecommunication, optical, and healthcare. Thus, considering all the above-mentioned factors market is projected to witness healthy growth over the forecast period.
However, the global flat glass market was obstructed in 2020 due to the COVID-19 pandemic. The pandemic adversely affected the sales of many glass manufacturers. For example. Chinese auto glass supplier Fuyao Glass Industry Group Co. said its U.S. subsidiary posted a net loss of 92.1 million yuan ($13.4 million) in the first half of 2020.
Flat Glass Market Segment Overview
Toughened glass is extensively used in passenger vehicles, windows and tables, architectural doors, cookware, and bulletproof glass. Laminated glass stays in place even after breaking so it is widely applicable in automobile windshields, the exterior of storefronts, and others. Also, patterned glass is broadly used in bathroom enclosures, furniture and elevator interiors, etc. Moreover, extensive applications and increasing demand for flat glass in several industries is expected to boost the market growth in the coming years.
Flat Glass Regional Overview
The Asia Pacific is estimated to be one of the quickest-developing zonal markets in the forthcoming year. Japan is expected to further boost demand for flat glass due to renovation of the domestic building and construction sectors. Additionally, North America and Europe are also expected to lift the demand for flat glass due to the luxurious lifestyle of the people in these regions.
Flat Glass Market Competitor Overview
· In September 2020, Greystar Real Estate Partners, LLC joined CPP Investments and Cyrela in the development of the Brazilian Multifamily Property Sector in São Paulo. The investment marks Greystar’s entry into the burgeoning Brazilian rental housing market.
Flat Glass Market, Key Players
· Asahi Glass Company
· AVIC Sanxin
· AGC Flat Glass (Dalian) Co. Ltd
· China Glass Holdings Ltd
· China Southern Glass Holding Co. Ltd
· China Yaohua Glass Group Corporation
· Fu Yao Group
· JYSP
· Taiwan Glass Industry Corporation
· Xinyi Glass Holdings Limited
· Nippon Sheet Glass
· Guardian Industries
· Saint-Gobain Hanglass Nanjing Co. Ltd.
Flat Glass Market Segmentation
Flat Glass Market, By Type
· Annealed Glass
· Toughened Glass
· Laminated Glass
· Coated Glass
· Mirrored Glass
· Patterned Glass
· Extra Clear Glass
Flat Glass Market, By Technology
· Float Glass
· Sheet Glass
· Rolled Glass
Flat Glass Market, By Application
· Building & Construction
· Automotive
· Electronics
· Furniture
· Solar Applications
· Others
Flat Glass Market, By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Flat Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Annealed Glass
- 5.2.2. Toughened Glass
- 5.2.3. Laminated Glass
- 5.2.4. Coated Glass
- 5.2.5. Mirrored Glass
- 5.2.6. Patterned Glass
- 5.2.7. Extra Clear Glass
- 5.3. Market Analysis, Insights and Forecast – By Technology
- 5.3.1. Float Glass
- 5.3.2. Sheet Glass
- 5.3.3. Rolled Glass
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Building & Construction
- 5.4.2. Automotive
- 5.4.3. Electronics
- 5.4.4. Furniture
- 5.4.5. Solar Applications
- 5.4.6. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Flat Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Annealed Glass
- 6.2.2. Toughened Glass
- 6.2.3. Laminated Glass
- 6.2.4. Coated Glass
- 6.2.5. Mirrored Glass
- 6.2.6. Patterned Glass
- 6.3. Extra Clear Glass Market Analysis, Insights and Forecast – By Technology
- 6.3.1. Float Glass
- 6.3.2. Sheet Glass
- 6.3.3. Rolled Glass
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Building & Construction
- 6.4.2. Automotive
- 6.4.3. Electronics
- 6.4.4. Furniture
- 6.4.5. Solar Applications
- 6.4.6. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Flat Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Annealed Glass
- 7.2.2. Toughened Glass
- 7.2.3. Laminated Glass
- 7.2.4. Coated Glass
- 7.2.5. Mirrored Glass
- 7.2.6. Patterned Glass
- 7.2.7. Extra Clear Glass
- 7.3. Market Analysis, Insights and Forecast – By Technology
- 7.3.1. Float Glass
- 7.3.2. Sheet Glass
- 7.3.3. Rolled Glass
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Building & Construction
- 7.4.2. Automotive
- 7.4.3. Electronics
- 7.4.4. Furniture
- 7.4.5. Solar Applications
- 7.4.6. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Flat GlassMarket Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Annealed Glass
- 8.2.2. Toughened Glass
- 8.2.3. Laminated Glass
- 8.2.4. Coated Glass
- 8.2.5. Mirrored Glass
- 8.2.6. Patterned Glass
- 8.3. Extra Clear Glass Market Analysis, Insights and Forecast – By Technology
- 8.3.1. Float Glass
- 8.3.2. Sheet Glass
- 8.3.3. Rolled Glass
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Building & Construction
- 8.4.2. Automotive
- 8.4.3. Electronics
- 8.4.4. Furniture
- 8.4.5. Solar Applications
- 8.4.6. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Flat Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Annealed Glass
- 9.2.2. Toughened Glass
- 9.2.3. Laminated Glass
- 9.2.4. Coated Glass
- 9.2.5. Mirrored Glass
- 9.2.6. Patterned Glass
- 9.3. Extra Clear Glass Market Analysis, Insights and Forecast – By Technology
- 9.3.1. Float Glass
- 9.3.2. Sheet Glass
- 9.3.3. Rolled Glass
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Building & Construction
- 9.4.2. Automotive
- 9.4.3. Electronics
- 9.4.4. Furniture
- 9.4.5. Solar Applications
- 9.4.6. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Flat Glass Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. Annealed Glass
- 10.2.2. Toughened Glass
- 10.2.3. Laminated Glass
- 10.2.4. Coated Glass
- 10.2.5. Mirrored Glass
- 10.2.6. Patterned Glass
- 10.3. Extra Clear Glass Market Analysis, Insights and Forecast – By Technology
- 10.3.1. Float Glass
- 10.3.2. Sheet Glass
- 10.3.3. Rolled Glass
- 10.4. Market Analysis, Insights and Forecast – By Application
- 10.4.1. Building & Construction
- 10.4.2. Automotive
- 10.4.3. Electronics
- 10.4.4. Furniture
- 10.4.5. Solar Applications
- 10.4.6. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2021
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.4. Asahi Glass Company
- 11.4.1. Business Overview
- 11.4.2. Segment 1 & Service Offering
- 11.4.3. Overall Revenue
- 11.4.4. Geographic Presence
- 11.4.5. Recent Development
- 11.5. AVIC Sanxin
- 11.6. AGC Flat Glass (Dalian) Co. Ltd
- 11.7. China Glass Holdings Ltd
- 11.8. China Southern Glass Holding Co. Ltd
- 11.9. China Yaohua Glass Group Corporation
- 11.10. Fu Yao Group
- 11.11. JYSP
- 11.12. Taiwan Glass Industry Corporation
- 11.13. Xinyi Glass Holdings Limited
- 11.14. Nippon Sheet Glass
- 11.15. Guardian Industries
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
