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Construction Glass Market

Construction Glass Market

Construction Glass Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031

Construction Glass Market
FACT5846MR

Construction Glass Market Forecast and CAGR

According to the latest report by Fact.MR, the construction glass market is projected to show decent growth over the forecast period (2021-2031). Steady growth in sales for construction glass seems to provide a positive outlook to the industry. Moreover, constant demand from the construction industry for better and economical glass materials will act as a constant driver for the demand in the long run.

What is Driving Demand for Construction Glass?

End-user demand for lightweight, stronger and energy-efficient glasses is continually driving the production of glasses. The construction industry continues to be a gainful market for glass manufacturers.

Manufacturing of glass is hindered due to challenges faced in the acquisition of raw materials. This may be attributed to the volatile pricing structure seen in the industry.

Apart from the conventional use of glasses in the construction industry, green building construction is driving the glass production. For instance properties like temperature control, sun protection and reduced reflection coupled with changes in consumer preference for sustainable construction are some major factors contributing towards the growth of glass sales.

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Key Trends in the Construction Glass Market

With rapid urbanization and changing consumer behavior glass preference is changing. Consumers are preferring glasses that engulfs different properties and are aesthetically pleasurable. Additionally, eco-conscious consumers are opting for glasses that has undergone sustainable manufacturing processes.

For instance, consumers are opting for glasses which are energy efficient, increases the influx of natural light at the same time helps in reducing energy consumption with the help of advance glazing solution.

Moreover, advancements such as self-cleaning glass, insulated glazing glass, sound reducing glass and solar control glass are key trends giving an additional push to the industry.

Asia Pacific Construction Glass Market Outlook

In the past half-decade Asia Pacific held a major part of the global construction glass sales and is projected to grow at a similar rate over the next decade.

Increasing construction activities and industrial growth in countries like China & India are likely to drive the demand for glasses. Additionally, an increase in purchasing power of people with a change in preference in terms of material and properties will propel the growth of the industry.

With a focus on mitigating CO2 emissions in countries like China, India and Japan are investing heavily in the green business equally contributing towards the growth of construction glass sales. For instance, Japan is leading the race in the environmental goods and services (EGS) sector with the production of resource-efficient technology and greening of businesses to promote environmental sustainability.

Above stated factors have a direct or indirect impact on the growth of construction glass sales in the Asia Pacific region and is projected to grow with promising growth rate over the forecast year.

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Europe Demand Outlook for construction glass

Construction sectors contribute about 9% of the total GDP in Europe and employ about 18 million people directly. Additionally, increasing debate on climate change has shifted the focus from a conventional mode of construction to a green mode of construction. This shift has eventually opened the gateway for the surge in demand for construction glasses with enhanced properties.

For instance, under the GET (Green Economy Transition) approach, EBRD (European Bank for Reconstruction and Development) has up till now financed 200 large projects with an investment of US$ 20 Bn in green buildings. These affirmative approaches coupled with favourable government policies have enabled the growth of energy-efficient glasses.

The shift from traditional construction activities may weaken the growth for construction glasses production in the short-run but eventually with heavy investments in green spaces will drive the future growth for these glasses.

Who are the Key Manufacturers and Suppliers of Construction Glasses?

Some of the prominent players in the construction glass industry are

  • China Glass Holdings Limited
  • Asahi Glass
  • Saint-Gobain
  • S.A. BENDHEIM LTD.
  • AGC Glass Company Inc.
  • Nippon Sheet Glass Co., Ltd.
  • JE Berkowitz
  • AGNORA
  • Guardian Industries.

The aforementioned players are mainly relying on blend of organic and inorganic growth strategies such as product launches, acquisitions and collaborations to expand their overall market share. Other than these the construction glass segment is a highly consolidated market with big enterprises holding the majority of the global business share

An Adaptive Approach to Modern-day Research Needs

Construction Glass Market Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company

Key Segments

By Type:

  • Low-e glass
  • Special glass

By chemical composition:

  • Soda-Lime
  • Potash-Lime
  • Potash-Lead

By manufacturing process:

  • Float process
  • Rolled/Sheet process

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Is the market research conducted by Fact.MR?

Yes, the report on the radiation proctitis treatment industry has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

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