Asia-Pacific Flat Glass Market, By Type (Float Glass, Extra Clear Glass, Clear Glass, Cast Glass, Tinted Glass, Wired Glass, Special Flat Glass, Patterned Glass or Textured Glass, Blown Flat Glass and Others), Function (UV Filter Glass, Heat Insulation Glass, Safety Glazing, Soundproofed Glazing, Self-Cleaning Glass, ION Exchange Glass and Others), Product (Coated and Uncoated), Application (Building and Construction, Automotive, Aerospace, Electronic Appliances, Solar Energy, Furniture and Others), Country (Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Asia-Pacific Flat Glass Market
The Asia-Pacific flat glass market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 7.7% in the forecast period of 2021 to 2028 and expected to reach USD 67,818,584.03 thousand by 2028. The impact of legislation and regulation; concerning safety, energy conservation, and noise attenuation have maximized the growth of flat glass.
Flat glass is made when a molten glass is spread out into the sheets form on the metal plane. The glass is available in flat sheets of paper, also known as plate glass and sheet glass. Flat glass is commonly used in doors, windows, automotive glass, mirrors, and solar panels. Sometimes, it is bent after the production, to use in automotive and in architectural area which is also considered as modern applications of the flat glass.
The increasing demand for tempered products in the commercial construction industry due to the properties of providing undistorted view is driving the growth of the flat glass market. A flat glass with several layers provides strength that enhances usage in ultra-thin glass for smartphones. Growing demand for flat glass products in the aftermarket automotive industry which are cost-effective in nature is known to be boosting the market growth.
However, the growing demand of EVs in the developed nations which lower the production of flat glass in the region can restrain the growth of flat glass market. Other major restraints that may impact the flat glass market are fluctuation in raw materials prices and rise in cases of road accidents can minimize its usage. Now a days, growing use of flat glass in the upcoming restart and renovation of projects in the construction sector after pandemic, will act as a driver of growth of the flat glass market.
This flat glass market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Flat Glass Market Scope and Market Size
Asia-Pacific flat glass market is segmented of the categorized into type, function, product and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the flat glass market is segmented into float glass, extra clear glass, clear glass, cast glass, tinted glass, wired glass, special flat glass, patterned glass or textured glass, blown flat glass and others. In 2021, the demand for float glass is expected to increase as in Asia-Pacific; the need for float glass is more in China and India due to the increase in demand for electronic products which are exported to different counties.
- On the basis of function, the flat glass market is segmented into UV filter glass, heat insulation glass, safety glazing, soundproofed glazing, self-cleaning glass, ion exchange glass and others. In 2021, the UV filter glass segment is expected to dominate as rise in demand for glass works well on sunny days that foster the need for UV filter glass.
- On the basis of product, the flat glass market is segmented into coated and uncoated. In 2021m the coated segment is expected to dominate the flat glass market as in Asia-Pacific, the demand for a product helps in potential savings on the energy bills.
- On the basis of application, the flat glass market is segmented into building and construction, automotive, aerospace, electronic appliances, solar energy, furniture and others. In 2021, the building and construction segment is expected to dominate due to increase construction activities which enhance the usage of all related products which is fostering the consumption of flat glass in the region.
Flat glass Market Country Level Analysis
Asia-Pacific market is analysed and market size information is provided by country, type, function, product and application as referenced above.
The countries covered in Asia-Pacific Flat glass market report are Japan, China, South Korea, India, Australia & New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines, and rest of Asia-Pacific.
- In Asia-Pacific, China is dominating the flat glass market due to the growing demand for flat glass products in the automotive industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
The Growing Use of Flat Glass in the Upcoming Restart and Renovation of Projects in the Construction Sector After Pandemic
Asia-Pacific flat glass market also provides you with detailed market analysis for every country growth in installed base of different kind of products for flat glass market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the flat glass market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Flat Glass Market Share Analysis
Asia-Pacific flat glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific flat glass market.
The major players covered in the report are Saint-Gobain, SCHOTT AG, Taiwan Glass Industry Corporation, GUARDIAN GLASS LLC. , Nippon Sheet Glass Co., AGC Inc., Zibo Yuru Glass Companyfounded, KIBING GROUP, Qingdao REXI Industries Co., Ltd., Vitro, China Glass Holdings Limited, China Laurel Glass Technology Co., Ltd, SHENZHEN SUN GLOBAL GLASS CO., LTD, Dongguan CSG Solar Glass Co., Ltd (Subsidiary of CSG HOLDING CO.,LTD.), Central Glass Co. Ltd and Sisecam other players domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In November 2020, Nippon Sheet Glass Co., Ltd had announced to produce TCO (transparent conductive oxide) coated glass for the panels in Ohio, U.S. The expansion helps in increasing the production capacity of the company which leads to enhance sales of the business.
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