The global flat glass market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing demand for flat glass in automotive and construction industry is expected to be major factor driving the market growth. Moreover, increasing demand for photovoltaic modules owing to rising demand for clean energy is anticipated to drive market growth in next ten years.
The global flat glass market report has been segmented on the basis of product type, application, and region.
On the basis of product type, the global flat glass market has been segmented into tempered glass, laminated glass, insulating glass, basic float glass, and other (extra clear glass, coated glass, pattern glass, annealed glass, and mirror glass). Penetration for laminated glass is expected to grow over the forecast period owing to increasing use of laminated glass in the manufacturing of windshields and front windows of airliners.
On the basis of applications, the global flat glass market has been segmented into construction & infrastructure, automotive & transportation, and others (solar, electronics, and greenhouses). Automotive & transportation application segment is expected to witness significant growth over the forecast period owing to rising demand for passenger vehicles in developing economies.
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On the basis of region, the global flat glass market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to account for major revenue share in the global flat glass market. Rising number of infrastructure development and reconstruction or renovation of old building projects in the region is anticipated to drive market growth over the forecast period.
Key players operating in the global flat glass market include Saint-Gobain S.A., China Glass Holdings Limited, Trulite Glass & Aluminum Solutions, PPG Industries, Inc., Nippon Sheet Glass Co., Ltd., Asahi India Glass Limited, Cardinal Glass Industries, Inc., Independent Glass Co. Ltd, Xinyi Glass Holdings Limited, and AGC Flat Glass (Dalian) Co. Ltd.