The latest research study “Construction Glass Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global construction glass market reached a value of US$ 96.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 142.15 Billion by 2027 exhibiting a CAGR of 6.30% during 2022-2027.
Construction glass refers to a transparent, solid glazing material widely used in numerous structural applications in buildings. Some commonly available construction glass include sheet, wired, laminated, shatterproof, float, chromatic, tinted, and toughened glass. They are generally used for windows, doors, and external walls. They are also transparent, lightweight, energy-efficient, and easy to maintain. In addition, they have excellent thermal insulation, resistance to electricity and chemicals, and high strength, waterproofing, cost-effective, and recyclable properties. As a result, construction glass is gaining immense traction among residential, industrial, and commercial sectors.
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Construction Glass Market Trends:
The market is primarily driven by expanding building and construction activities across the globe. In addition, the increasing use of construction glasses, as they minimize energy consumption, enhances the influx of natural light in the building and the aesthetic appeal of structures is contributing to the market growth. Moreover, governments of numerous countries are taking initiatives to promote green construction and minimize greenhouse emissions and energy consumption by introducing lucrative incentives and policies representing another major growth-inducing factor.
Besides this, the widespread adoption of construction glass on account of shifting consumer preference toward quality interiors, rising disposable incomes of consumers, and expanding middle-class population are providing a positive thrust to the market growth. Furthermore, increasing investments in the modernization and renovation of the existing infrastructure and extensive research and development (R&D) activities conducted by leading market players to introduce innovative construction glass are also creating a favorable market outlook.
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Construction Glass Market 2022-2027 Competitive Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
- AGC Inc.
- Central Glass Co. Ltd.
- Compagnie de Saint-Gobain S.A.
- Corning Incorporated
- CSG Holding Co. Ltd.
- Guardian Industries (Koch Industries Inc.)
- Nippon Electric Glass Co. Ltd.
- Nippon Sheet Glass Co. Ltd.
- PPG Industries Inc.
- Schott AG
- Xinyi Glass Holdings Limited
Key Market Segmentation:
The report has segmented the market on the basis of region, product type, chemical composition, manufacturing process and application.
Breakup by Product Type:
- Special Glass
- Flat Glass
- Laminated Glass
- Toughened Glass
- Low-e Glass
- Hard Coat Low-e Glass
- Soft Coat Low-e Glass
Breakup by Chemical Composition:
Breakup by Manufacturing Process:
- Float Process
- Rolled/Sheet Process
Breakup by Application:
Breakup by Geography:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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