Flat Glass Industry Data Book Covers Coated Glass, Home Appliance Glass, Fire Resistance Glass, Automotive Glass, Glass Facade Markets.
The global flat glass industry size was estimated at USD 292.95 billion in 2022. The market is expected to expand at a CAGR of 4.1% CAGR (2022-2030).
Grand View Research’s flat glass industry data book is a collection of market sizing information forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.
Coated Glass Market Insights
The global coated glass market size was valued at USD 32.32 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030.
Soft coating segment held the largest revenue share of over 68.0% in 2021 and is also projected to grow at the fastest rate over the forecast period. The significant factor driving the growth of the soft coating segment is its ultra-low emissivity, which enables it to reflect considerably more heat than hard coated products. Furthermore, the soft-coated product is characterized by more visible light transmission and higher optical clarity as compared to hard-coated products.
The architectural application segment held the largest volume share of over 92.0% in 2021 and is expected to continue its dominance over the forecast period. Coated glass facilitates very low energy utilization and reduces air conditioning (AC) costs in architecture. This is done by reflecting heat coming from outside the building in warmer climates. Therefore, it is perceived as an innovative product that enhances the energy efficiency of the building by reducing AC costs and lowering CO2 emissions.
Home Appliances Glass Market Insights
The global home appliances glass market size was valued at USD 7.32 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2022 to 2030.
The others segment held the largest revenue share of over 25.0% in 2021. Refrigerators held the second-largest revenue share in 2021. Glass finds use in shelves, drawers, and doors of commercial refrigerators. Growing competition from new market entrants and the consequent rise in investments in production/assembly plants are likely to fuel the segment growth across the forecast period.
For instance, in March 2022, Bosch announced an investment worth USD 260 million in a new plant in Nuevo Leon, Mexico. The new plant is expected to have a production capacity of 600,000 large-size refrigerators. Also, in February 2021, Haier Europe invested USD 71.1 million to start a refrigerator plant in Romania to increase production in the region. Such initiatives shall contribute to the demand for glass in refrigerators in Europe.
Access the Global Flat Glass Industry Data Book, 2022 to 2030, compiled with details like market sizing information forecasts, trade data, pricing intelligence, competition benchmarking, macro-environmental analyses, and regulatory technological framework studies
Fire-resistant Glass Market Insights
The global fire-resistant glass market size to be valued at USD 5.92 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% during the forecast period.
The ceramic segment accounted for a revenue share of more than 40% in 2020. The high share can be attributed to the growing preference for insulated glass units in residential and commercial construction, which provide fire ratings ranging from 20 minutes to 3 hours and can withstand the thermal shock of water from fire hoses and water sprinklers.
The building construction application segment accounted for the largest revenue share of more than 61.0% in 2020 of the global market. Architectural glass is extensively used in the building construction sector on account of its high strength and toughness. Growing emphasis by regulatory bodies on improving fire safety standards in buildings and adherence to building codes are other factors driving the segment.
In marine applications where vessels face strong waves, winds, noise, and extreme temperature conditions, especially offshore vessels, are prone to a higher risk of fire explosion accidents caused by equipment or structure failures. As a result, rising safety concerns pertaining to the sinking of vessel containers in the event of a fire breakout boost the incorporation of fire-resistant glass solutions in the marine segment.
Automotive Glass Market Insights
The global automotive glass market size was valued at USD 30.2 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2020 to 2027.
Growing emphasis on fuel efficiency and reduction in harmful emissions from vehicles has led to increased production of lightweight and electric vehicles. This is anticipated to boost the demand for glass in the automotive industry in the forthcoming years. The automotive industry has been witnessing significant technological innovations over the past many years.
Tempered automotive glass dominated the product segment, accounting for a share of 59.3%, in terms of volume, in 2019. Its large share is attributed to factors including low cost, high strength, and robustness. The product holds strength 4-5 times more than a basic float and is more cost-effective than laminated automotive glass. As a result, it is the most preferred type of glass in automotive, particularly for windows and backlites.
In terms of revenue, windscreen dominated the market in 2019 and this trend is anticipated to continue through the forecast period. Windscreen carries significant importance in a vehicle structure; hence, both automotive and glass manufacturers are engaged in developing new technologies for enhancing its appearance and features. For instance, introduction of new types of windshields with self-cleaning glass is anticipated to drive the segment growth over the forecast period.
Passenger cars emerged as the largest vehicle type segment in 2019 and is anticipated to register a CAGR of 4.5%, in terms of revenue, over the forecast period. This is attributed to factors such as changing consumer trends, increasing middle-class population, and growing environmental concerns pertaining to low-emission and lightweight vehicles on the roads.
Glass Facade Market insights
The global glass Facade market size was valued at USD 67.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.9% from 2021 to 2028.
Based on product, the insulated segment dominated the market for glass Facade and held the largest revenue share of over 54.0% in 2020. The major factor driving the insulated glass segment is high energy efficiency in buildings as it reduces the energy power consumption needed for cooling or heating the area. Moreover, it helps in providing sound insulation, thus improving the acoustic of the space.
Based on application, the non-residential segment dominated the market for glass Facade and accounted for the largest revenue share of more than 66.0% in 2020. The high share is attributable to the scope of the segment, which includes commercial space, hotels, restaurants, shopping centers, and other such huge buildings. As countries come out of the pandemic, workspaces are under plans to reopen.
Flat Glass Market – Global Industry Segmentation
Coated Glass Market Size Forecast, by Coating, 2017 - 2030
- 1Hard/ Pyrolytic Coating
- Soft/Sputtered Coating
Coated Glass Market Size Forecast, by Application, 2017-2030
- Architectural
- Automotive
- Others
Home Appliances Glass Market Size Forecasts, by Application, 2017 - 2030
- Refrigerators
- Cooking Appliances
- Hot Water Appliances
- Microwaves
- Others
Fire Resistant Glass Market Size Forecasts, by Product, 2017 - 2030
- Wired
- Ceramic
- Gel-filled
- Tempered
- Others
Fire Resistant Glass Market Size Forecasts, by Application, 2017 - 2030
- Building Construction
- Marine
- Others
Automotive Glass Market Size Forecasts, by Product, 2017 - 2030
- Tempered
- Laminated
- Others
Automotive Glass Market Size Forecasts, by Application, 2017 - 2030
- Windscreen
- Backlite
- Sidelite
- Sunroof
Automotive Glass Market Size Forecasts, by Vehicle Type, 2017 - 2030
- Passenger
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Glass Facade Market Size Forecasts, by Product, 2017 - 2030
- Tempered
- Insulated
- Laminated
- Others
Glass Façade Market Size Forecasts, by Application, 2017 - 2030
- Residential
- Non-Residential
Order your copy of the Free Sample of “Flat Glass Industry Data Book - Coated Glass, Home Appliance Glass, Fire Resistance Glass, Automotive Glass, Glass Facade Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research
Flat Glass Industry Data Book Regional Outlook
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Italy
- Spain
- Russia
- Belgium
- Poland
- Asia Pacific
- China
- Japan
- India
- Australia
- Central South America
- Brazil
- Colombia
- Argentina
- Middle East Africa (MEA)
- Saudi Arabia
- UAE
- IRAN
- South Africa
Flat Glass Industry Data Book Competitive Landscape
The sustained growth in demand for flat glass in architecture, automotive, and solar applications is prompting key players to expand their target markets and global footprint.
Key players operating in the flat glass industry are –
- AGC, Inc.
- Saint-Gobain
- Nippon Sheet Glass Co., Ltd.
- Guardian Industries
- Fuyao Glass Industry Group Co., Ltd.
- Şişecam Group
- Central Glass Co., Ltd.
Go through the table of content of Flat Glass Industry Data Book to get a better understanding of the Coverage Scope of the study
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