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Construction Glass Market Size: Segmented by Application and Geography Trends, Growth and Forecasts 2026

Post Time:Dec 10,2019Classify:Industry NewsView:949

Ricera Alfa adds a new Construction Glass Market research report for the period of 2018-2026 focuses on the major drivers and restraints for the global key players providing analysis of the market share, revenue forecasts and geographic regions of the market.

Global Construction Glass Market is valued approximately at USD 101 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2019-2026. A construction glass is a translucent glazing material which is used for windows and external walls. A construction glass possesses several chemical and physical properties such as flexible molding, electric resistance, chemical resistance and the weather resistant. Owing to these properties, it is the most ideal option as a building material in construction industry. Growth in construction industry along with technological advancements in glass industry are the major factor responsible for high CAGR of the market over the forecast period. For instance, According to International Construction Market Survey, the growth rate of construction industry globally in 2017 was estimated nearly 3.5% and it grew to 3.9% (approx.) in 2018. Moreover, increasing demand for green buildings aided with rising investments on infrastructural projects worldwide is the prime factor that offers lucrative growth opportunities to the market over the forecast period. For instance, the new green building space in China is anticipated to reach 2 billion square meters by 2020. Furthermore, as per African Arbitration report in 2018, Eagle Hills a private real estate investment and development company (United Arab Emirates) has announced to invest around 2 billion for the integrated community development projects in Addis Ababa. Such green building initiatives & investment in construction projects is anticipated to grow construction industries therefore, the need of construction glass is also expected to increase. However, regulations for carbon dioxide emissions and volatile prices of raw material are few factors anticipated to limiting the growth of global Construction Glass market during the forecast period.

The regional analysis of global Construction Glass market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region in terms of revenue and market share owing to increasing construction sector along with rising disposable income of the individuals in the region. However, Asia-Pacific is also expected to exhibit at high growth rate / CAGR over the forecast period of 2019-2026 owing to rapid industrialization and developments in the building construction industry across the region.
Major market player included in this report are:
Asahi Glass Co., Ltd.
Central Glass Co. Ltd.
China Glass Holdings Ltd.
Guardian Industries
Nippon Sheet Glass (NSG)
PPG Industries
Saint-Gobain
Schott AG
Sisecam Group
Xinyi Glass Holdings Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Low-Emissivity Glass
Special Glass

By Chemical Composition:
Soda-Lime
Potash-Lime
Potash-Lead

By Manufacturing Process:
Float
Rolled/Sheet

By Application:
Residential
Commercial

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Source: https://raleighrecorder.com/Author: shangyi

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