Flat Glass Market: Trends, Opportunities and Competitive Analysis

Flat Glass Industry Trends and Forecast
The future of the global flat glass industry looks good with opportunities in building construction glass, automotive glass, and specialty glass. The global flat glass industry is expected to reach an estimated $109.3 billion by 2027, and it is forecast to grow at a CAGR of 6.2% from 2021 to 2027. The major drivers of growth for this market are growth in the construction market, rising automotive production and sales, rising per capita income, and technological advancements.

Emerging Trends in the Flat Glass Industry
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing usage of advanced nanotechnology in flat glass, solar control glazing for automotive and building glasses, lightweight glazing glass, and increasing the use of hybrid guide plate.
A total of 88 figures / charts and 36 tables are provided in this 151-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global flat glass industry report, please download the report brochure.
 

 
Flat Glass Industry by Segments
Lucintel forecasts that automotive glass segment will remain the largest segment, and it is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global flat glass industry by application and region, as follows:
Flat Glass Industry by Application ($ Billion Shipment Analysis from 2016 to 2027):

 Flat Glass Industry by Region ($ Billion Shipment Analysis from 2016 to 2027):

List of Flat Glass Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies flat glass companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flat glass companies profiled in this report includes.

Flat Glass Industry Insights

Features of the Global Flat Glass Industry

FAQ
Q1. What is the flat glass market size?
Answer: The global flat glass market is expected to reach an estimated $109.3 billion by 2027.
Q2. What is the growth forecast for flat glass industry?
Answer: The flat glass market is expected to grow at a CAGR of 6.2% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the flat glass market?
Answer: The major drivers for this market are growth in the construction market, rising automotive production and sales, rising per capita income, and technological advancements.
Q4. What are the major applications or end use industries for flat glass?
Answer: Automotive is the major segment by applications for flat glass.
Q5. What are the emerging trends in flat glass industry?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include increasing usage of advanced nanotechnology in flat glass, solar control glazing for automotive and building glasses, lightweight glazing glass, and increasing the use of hybrid guide plate.
Q6. Who are the key flat glass companies?
Answer: Some of the key flat glass companies are as follows:

Q7.Which flat glass segment will be the largest in future?
Answer: Lucintel forecasts that automotive glass will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to growing demand of energy efficiency, which has encouraged OEMs to switch to insulated glazing from single glazing units.
Q8: In flat glass industry, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest market due to increase in urbanization, growth in real estate sector and increasing investment by flat glass manufacturers within the Asia Pacific region, whereas the Rest of the World are expected to witness significant growth over the forecast period because of increasing per capita income and strong housing demand.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 
This report answers following 11 key questions
Q.1 What are some of the most promising growth opportunities for the global flat glass industry by application (Building Construction Glass, Automotive Glass, Specialty Glass) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M&A activity has occurred in the last five years?