Demand for Fabricated Flat Glass Products Fuelling Growth in the Global Flat Glass Market
NEW YORK, LONDON, BERLIN and PARIS, February 3, 2015 /PRNewswire/ --
Reportstack, the leading market research report distributor has published a report on the Global Flat Glass Market 2015-2019, which is expected to witness a CAGR of 7.30 percent during the forecast period of 2014-2019.
Complete report can be accessed at http://www.reportstack.com/product/191450/global-flat-glass-market-2015-2019.html
Flat glass is a type of glass manufactured as a flat sheet and used to make windows, facades, and doors for houses and buildings, and windshields and windows for automobiles. It is also used in solar equipment such as solar thermal panels and photovoltaic modules. It finds application in interior fittings and decorations, furniture, and electronic equipment. Based on product type, flat glass is classified into three types: float, sheet, and rolled.
The Global Flat Glass market is witnessing high growth because of increased demand from the construction and automotive sectors. The increasing number of skyscrapers and the revival of several pending construction projects worldwide caused demand for flat glass to grow significantly. The increased demand for automobiles is expected to contribute to the Global Flat Glass market during the forecast period because flat glass products are used to manufacture windows and other automotive parts.
"Demand for fabricated flat glass products such as solar glass panels and electronic displays is on the rise," says Faisal Ghaus, Vice President of TechNavio.
"Tempered fabricated glass is the most widely used in buildings and construction. Fabricated flat glass products are also witnessing high demand from the automotive sector."
Key Market Drivers
- Growth in Construction Sector
- Increased Demand from Automotive Sector
- Increase in Capacity Utilization Rate
- Growing Demand for Energy-efficient Glass
Key Market Trends
- Demand for Fabricated Flat Glass Products
- Introduction of Solar Control and Lightweight Glasses
- Increase in Innovation through R&D
- Focus on Eco-friendly Approach
Asahi Glass Co. Ltd. (AGC), China Glass Holdings Ltd., Corning Inc., Euroglas GmbH, Guardian Industries, Interpane Glas Industrie AG, Nippon Sheet Glass Co. Ltd., Saint-Gobain SA, Sangalli Vetro Manfredonia SPA, Scheuten Glas and SCHOTT AG are some of the companies mentioned in the report.
Industry Reports on Glass Market:
2014 Market Research Report on Global Fire Glass Industry
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SOURCE M/S. Reportstack
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