Flat Glass Market Trends Research and Projections for 2019 - 2024

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Flat Glass Market Trends Research and
Projections for 2019 - 2024
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Global Market Scenario of Flat Glass Industry

• Adoption of energy efficient smart technology
  as advanced construction practice along with
  positive outlook in construction industry should
  favor flat glass market. Sizeable investments
  made by India and China for construction along
  with modernizing existing airport terminals
  should influence flat glass product demand.
• Rapid urbanization, rise in real estate sector
  and new product development are major driving
  forces behind flat glass industry growth. Growing
  solar energy market attributable to increasing
  renewable energy dependence should further
  bolster product demand. It is widely used in
  end-user products including facades windows,
  solar panels and automotive windscreens.
• Flat tempered glass market should surpass USD 40
  billion by 2024 due to its wide application scope
  in residential commercial construction
  projects. Its ability to break into small
  harmless pieces upon impact reducing the risk of
  injury should boost global product demand.

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Continue-

• Flat glass market from construction application
  should surpass USD 100 billion during forecast
  timeperiod. This growth in demand can be
  attributed to consumer emphasis on using
  aesthetic energy efficient interiors.
  Increasing small scale construction projects
  should further enhance industry.
• Rising automotive production along with
  advancement in flat glass production technology
  should contribute to expansion of industry. It is
  extensively used in automobile industry to
  manufacture windshields windows for sun roofing
  and doors. Rising demand for luxury cars owing
  its sustainability, comfort, safety and style
  along with growing per capita income should
  catalyze product demand.

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360 Industry Analysis

• China flat glass market should witness gains at
  over 7.1 during foreseeable timeframe owing to
  its flourishing construction and automobile
  industry. Improved living standards, growing
  population and increased foreign investments
  should boost product demand.
•  

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• Competitive Analysis
• Global flat glass market share is moderately
  fragmented with industry participants including
  Corning, Schott, Saint-Gobain, NSG Group, Asahi,
  Sisecam and Trulite. Manufacturers are shifting
  their production bases towards Asia Pacific to
  avail low labor wages, raw material availability
  and government subsidies.

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