Global Flat Glass Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global flat glass market in its upcoming report titled, “Global Flat Glass Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global flat glass market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global flat glass market report has been segmented on the basis of product type, application, and region.

Flat glass is a type of glass, initially manufactured in plane form. Flat glass is commonly used for glass doors, windows, windscreens, and transparent walls. Flat glass has higher sodium oxide and magnesium oxide content than container glass, and a lower calcium oxide, aluminum oxide, and silica content.

On the basis of product type, tempered glass in the global thermal interface material is estimated to hold major revenue share and is expected to maintain its dominance over the forecast period. Tempered glass is manufactured by controlled thermal reaction to toughen the structural formation of glass. On breaking the glass forms into small granular chunks rather than sharp pieces. These properties of tempered glass are expected to drive market growth.

On the basis of application, automotive & transportation application segment is estimated to hold major revenue share in global flat glass market over the forecast period. Tempered glass and laminated glass types are largely used in the manufacturing of windows and windshields of automobiles. Growing demand for passenger vehicles is anticipated to propel market growth in next ten years.

Asia Pacific market is estimated to hold significant revenue share in the global flat glass market, in 2017 and is expected to maintain its dominance over the forecast period. Presence of large number of flat glass manufacturers in the region is expected to fuel market growth over the forecast period. Asia Pacific accounts for largest revenue share contribution to the target market, followed by markets in North America, Europe, Latin America, and Middle East & Africa respectively. Rapid industrialization along with growing demand for automobiles in emerging economies such as China, India, and Indonesia is anticipated to boost market growth over the forecast period. Favorable government initiatives and infrastructure investments in China and India is expected to boost market growth over the forecast period. Japan is expected to further fuel demand for flat glass due to recovery of building and construction sectors.     

Market segmentation and key players operating in the global flat glass market:

By product type:

• Tempered glass
• Laminated glass
• Insulating glass
• Basic float glass
• Others (Extra clear glass, Coated glass, Pattern glass, Annealed glass, and Mirror glass)

By application:

• Construction & infrastructure
• Automotive & transportation
• Others (Solar, Electronics, and Greenhouses)

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa