Press Release
Press Release
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
According to a new report by EMR titled, ‘Global Flat Glass Market Report and Forecast 2021-2026’, the global market for flat glass stood at a value of around USD 111.3 billion in 2020. The industry is further projected to grow at a CAGR of 6.5% over the forecast period of 2021-2026 to attain a value of USD 162.4 billion by 2026.
The global flat glass industry is being driven by the growing demand for flat glass in the construction and automotive industries. The Asia Pacific region is the emerging market for the product and is expected to witness the fastest growth rate over the forecast period. The Asia Pacific flat glass industry is expected to aid the growth of the global flat glass industry. Within the Asia Pacific, China and India are the most significant markets for flat glass. The rapidly developing emerging economies within the Asia Pacific region are supporting the growth of the industry. The growing infrastructure activities, along with the development of smart cities across the globe, are providing a boost to the construction sector, which in turn, is aiding the growth of the flat glass industry. Also, the growing adoption of renewable energy sources, particularly solar plants, is expected to aid the industry growth in the forecast period.
The growing use of flat glass in the construction sector for various purposes is aiding the industry growth. In January 2020, Saint-Gobain (EPA: SGO), a major player in the industry, announced the acquisition of Continental Building Products (NYSE: CBPX), a highly respected plasterboard player in North America, following regulatory and stockholder approval, in order to enhance its product portfolio for buildings, transportation, and infrastructure applications, further expanding its footprint in the high growth regions in the United States. The growing demand for clear, tinted, and solar-control reflective glass in the Asia Pacific region is drawing the attention of the major players, aiming to expand their business in the region’s high growth market. In January 2019, Saint-Gobain inaugurated a fifth flat glass manufacturing plant in India, continuing its development strategy and further strengthening its position as the leader in flat glass in the country. Such developments are expected to further aid the growth of the global flat glass industry over the forecast period.
Market Breakup by Component, Types, Feedstock, Applications, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global flat glass market are Asahi India Glass Limited, Saint-Gobain, Nippon Sheet Glass Co., Ltd., Cardinal Glass Industries, Inc., and CSG Holding Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
About Us:
EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Contact Us:
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.