India Clear Glass Market: Opportunities for Size and Growth Projections in Upcoming Years - PowerPoint PPT Presentation

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Title: India Clear Glass Market: Opportunities for Size and Growth Projections in Upcoming Years


1
India Clear Glass Market Exploring
Opportunities with Market Size and Growth
Projections
The India Clear Glass Market was evaluated at INR
70.13 billion in FY2022, and is projected to
expand at a CAGR of 5.98 through FY2028,
reaching INR 100.98 billion by FY2028, as per
TechSci Research report titled India Clear
Glass Market- By Region, Competition, Forecast
Opportunities, FY2018- FY2028. The market
growth can be attributed to the growth in
industrial sector, augmented use of clear glass
in end-use industries, and substantial research
and development investment in developing
high-quality clear glass. The demand for clear
glass in India is rising owing to significant
investments in commercial and residential
construction, including smart cities, and the
growing population, which results in an increase
in demand for residential and
2
commercial buildings. The demand for clear
glasses in the country is expected to be driven
by a mix of fiscal support and government
policies that endorse the housing industry in
the country. Furthermore, the country's massive
population necessitates continued investments in
the residential building construction sector,
creating a market opportunity for India's clear
glass manufacturers. The India Clear Glass
Market is highly dynamic and is widely used in
various interior applications such as doors,
windows, glass partitions, wall cladding,
handrails, balustrades, stairs, and others, where
clear and transparent vision is necessary.
Investors often prefer to reinvent existing
spaces instead of constructing new ones, and
residential and commercial owners renovate their
interior fit-outs to keep them up-to-date with
the latest designs and trends. The India Clear
Glass Market is segmented based on technology,
application, raw material, and region, with the
flat technology segment accounting for the
largest share of 49.61 in 2022. This segment is
expected to maintain its market dominance over
the next five years due to the rising growth in
the construction and infrastructure
industry. Browse over 22 market data Figures
spread through 100 Pages and an in-depth TOC on
" India Clear Glass Market "- https//www.techsci
research.com/report/india-clear-glass-
market/13017.html The adoption of flat glass in
large commercial building construction, driven by
the ongoing trend of environmentally friendly
practices in the workplace and at home, is
expected to drive the growth of the flat
technology segment at a CAGR of 6.68 during the
forecast period. Flat glass has been used for
various purposes in the construction industry,
such as an insulation material, external glazing
material, structural component, and cladding
material. The increasing use of flat glass to
create delicate-looking fenestrations on
traditional windows and facades has further
boosted the demand for flat glass. In terms of
application, the India Clear Glass Market is
segmented into residential and non-residential.
The non-residential segment held a market share
of 51.56 and was valued at INR 36.16 billion in
2021. The market is projected to reach INR 54.03
billion in the next five years, exhibiting a CAGR
of 6.60 from 2023E-2028F. This growth can be
attributed to the large-scale development of
commercial real estate projects in India.
3
  • Architectural advancements in India have also led
    to an increase in product demand, as the
    material used in these applications offers
    several advantages, such as low cost and energy
    efficiency, light transmission, absorption, and
    refraction, rust resistance, weather resistance,
    dust resistance, greater insulation, a wide
    range of color options, and the ability to be
    shaped into any shape.
  • Key market players operating in the India clear
    glass market include
  • Saint Gobain India Pvt. Ltd.
  • Asahi India Glass Limited
  • Gold Plus Glass Industry Limited
  • Gujarat Guardian Ltd.
  • Sisecam Flat Glass India Private Limited
  • Fuso Glass India Private Limited
  • Glass Wall Systems India Private Limited
  • Pragati Glass Industries Private Limited
  • GSC Glass Private Limited
  • Duratuf Glass Industries Private Limited
  • Sejal Glass Limited
  • Download Sample Report
  • Customers can also request for 10 free
    customization on this report.

4
segment in fiscal years 2020-21. As a result,
demand for clear glass has increased in the
region and will continue to rise over the
forecast period. Additionally, Presence of
strong industrial base coupled with increasing
number of manufacturing facilities in this region
is boosting the demand of clear glasses said Mr.
Karan Chechi, Research Director with TechSci
Research, a research-based global management
consulting firm. India Clear Glass Market By
Technology (Flat, Rolled, Sheet), By Applications
(Residential and Non-Residential), By Raw
Material (Sand, Soda Ash, Recycled Glass,
Dolomite, Limestone and Others (feldspar, Iron
Oxide etc)), By Region (North, East, West,
South), By Top 10 States, Competition, Forecast
Opportunities, FY2018-FY2028 has evaluated the
future growth potential of India clear glass
market and provides statistics information on
market size, structure, and future market
growth. The report intends to provide cutting-
edge market intelligence and help decision makers
take sound investment decisions. Besides, the
report also identifies and analyzes the emerging
trends along with essential drivers, challenges,
and opportunities in India clear glass
market. Download Sample Report-
https//www.techsciresearch.com/sample-
report.aspx?cid13017 About TechSci
Research TechSci Research is a research-based
management consulting firm providing market
research and advisory solutions to its customers
worldwide, spanning a range of industries.
TechSci Researchs core values are value,
integrity and insight. Led by a team of dynamic
industry experts, TechSci Research provides its
customers with high value market research and
advisory services that helps them identify new
market opportunities, growth engines and
innovative ways to capture the market share. As
a result, TechScis client leads rather than
follow market trends. Not bound by legacy,
TechScis cutting-edge research model leverages
its decades of research knowledge and an
increased use of technology as engines of
innovation to deliver unique research value.
Provided as an alternative to traditional market
research, TechSci Research reports do not just
deliver data and knowledge rather highlights the
insights in a more usable and interactive format
for its clients. Contact
5
Mr. Ken Mathews 708 Third Avenue, Manhattan,
NY, New York 10017 Tel 1-646-360-1656 Email
sales_at_techsciresearch.com Web https//www.techsci
research.com
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