Flat Glass Market to surpass USD 130 billion by 2024
Date: 2018-12-05   Author: Rahul Varpe  Category: #market

Flat Glass Market to surpass USD 130 billion by 2024

Global Market Insights, Inc. adds a new Flat Glass Market research report for the period of 2018-2024 focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

Flat Glass Market size will surpass USD 130 billion by 2024; according to a new research report by Global Market Insights, Inc. Strong outlook towards increase in automotive production meeting the global demand owing to rise in middle class income level and consumer preference for luxury automobile should propel flat glass demand. Positive application scope for increasing usage in manufacturing windshields & window for cars and in sunroof for aesthetic appearance should drive product demand.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/461

Flat glass is extensively used in construction industry replacing conventional bricks, wood and stone. Positive outlook towards growth in infrastructural spending for building airports and residential buildings coupled with strict amendments regarding use of ecofriendly building materials will drive industry growth.

Flat laminated glass market is poised to surpass USD 40 billion in sales by 2024. It is prominently used for skylight in construction and as windshield in automotive industry. Strong application indicator in windows, curtain walls, automotive windshield and storefront exterior should impact positively on product demand. 

Strong R&D expenditure to formulate novel products with additional benefits including high insulation, strength, fire resistance, energy efficiency, chemical resistance and safety supported by technological innovations should drive flat glass market growth over the forecasted timeframe.

Raw materials used in manufacturing flat glass include silica, limestone, soda ash and natural gas. Volatile raw material prices along with risk of procurement may challenge industry profitability thereby affecting flat glass market price trend. However, stringent environmental regulations on using hazardous substances supported by government initiatives pertaining to use of ecofriendly & energy saving building materials should surge product demand. 

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/461

Flat tempered glass market may witness growth at over 7% owing to extensive use in household & building application. These products on impact breaks into small pieces and used in automotive application to reduce risk of injury in case of accidents. Other household application includes table, shelves, partitions and shower enclosures.

Shifting consumer inclination towards green building owing to rising environmental concerns is likely to favor industry growth. Growing awareness pertaining to usage of renewable energy resources to control environmental impact has led to rise in demand for flat glass in domestic applications and electricity generation thereby stimulating industry growth.

Europe flat glass market size led by Germany, Italy and Russia anticipates growth at over 5.5% due to its expanding automotive industry and presence of major automobile manufacturers in the region. Growing environmental concerns has led to rise in emphasis on use of energy efficient technologies thereby contributing towards flat glass market size.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/flat-glass-market

Automotive applications from flat glass market should witness strong gains and surpass 1.8 billion sqr. mtrs in demand. Rising influence on safety owing to high accidental mortality rate may fuel product demand. Increasing usage to reduce vehicle weight in compliance with regulatory norms to control carbon emissions should positively favor industry growth.

Global flat glass market share is highly competitive and fragmented with major industry participants include Asahi, Guardian Group, GSC, Asahi India, Astro Cam and NSG Group. Companies collaborate with others to expand their regional presence and establish core competencies to strengthen market position.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]  
Web: https://www.gminsights.com

 



About Author


Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for AlgosOnline. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. ...

Read More

More from Rahul


Post Recommendents

Off-the-shelf Automated Workcells Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2024
Author: Partha Ray

The ' Off-the-shelf Automated Workcells market' study now available at MarketStudyReport.com, is a detailed sketch of the business sphere in terms of current and future trends driving the profit matrix. The report also indicates a pointwis...


Trends of Lab Single-mode Microplate Readers Market Reviewed for 2019 with Industry Outlook to 2024
Author: Partha Ray

The ' Lab Single-mode Microplate Readers market' research report is latest addition by Market Study Report, LLC, that elucidates relevant market and competitive insights as well as regional and consumer information. In a nutshell, the rese...


Worldwide Multi-mode Microplate Readers Market Forecast 2019-2024 Growth Drivers, Regional Outlook
Author: Partha Ray

Market Study Report, LLC, has added an exhaustive research study of the ' Multi-mode Microplate Readers market', detailing every single market driver and intricately analyzing the business vertical. This ' Multi-mode Microplate Readers...