Construction & infrastructure was the largest application segment of the flat glass market

3
science-technology

Summary

Flat glass has wide applications in the construction & infrastructure end-use industries in residential and commercial infrastructure projects. Flat glass is replacing many traditional building materials, such as wood, bricks, polycarbonates, and stones in the construction of glass stairs, glass floors, glass bathroom, partitions, glass windows, and glass walkways.

Press Release

The flat glass market is estimated to grow from USD 92.90 Billion in 2016 to USD 142.05 Billion by 2022, at a CAGR of 7.30% during the forecast period.

Browse 72 Market Data Tables and 56 Figures spread through 138 Pages and in-depth TOC on “Flat Glass Market by Technology (Float, Rolled, Sheet), Product Type(Simple Float Glass, Toughened , Coated, Laminated, Extra Clear),End-Use Industry (Construction & Infrastructure, Automotive & Transportation, Solar Energy) and Region – Global Forecast to 2022”

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Key companies offering flat glass products adopted investments & expansions and new product launches as key strategies to strengthen their position in the flat glass market. The investments & expansions strategy accounted for a share of 41.2% of all the growth strategies adopted by major leading companies from 2014 to 2017. Leading companies adopted these strategies to improve their distribution channel, increase their presence in developed and emerging countries, and meet customer demands. Companies also adopted the strategy of partnerships, joint ventures & agreements to expand their product reach globally and take advantage of competencies of other companies to compete in the market.

Major flat glass manufacturers profiled in this report are Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (U.S.), and Taiwan Glass (Taiwan).

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Saint-Gobain is a global manufacturer of flat glass products. The company is one of the major flat glass manufacturers in the world and serves industries, such as transportation, construction & infrastructure, solar energy, and consumer goods. The company is conducting research for the development of new products for different application segments and is striving to provide the highest quality products. The company continues to invest in its facilities and research & development to achieve growth in the market. For instance, in 2016, the company invested USD 10 billion in its facilities in India, to meet the growing demand for flat glass from the region.

Construction & infrastructure was the largest application segment of the flat glass market in 2016.

Flat glass has wide applications in the construction & infrastructure end-use industries in residential and commercial infrastructure projects. Flat glass is replacing many traditional building materials, such as wood, bricks, polycarbonates, and stones in the construction of glass stairs, glass floors, glass bathroom, partitions, glass windows, and glass walkways.

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