Post Time:Jun 03,2010Classify:Industry NewsView:175
The global flat glass market operates in a cyclic pattern, according to the industry experts, as the demand for flat glass increases in the times of expansionary economic conditions and falls during the periods of financial crunch. However, despite the worldwide recession, the demand for glass has shown a constant growth, mainly due to the rising demand for building glass and automotive glass during 2000-2009 both in terms of production and consumption.
The worldwide market for flat glass is segmented on the basis of regions and usage. The regional segment comprises Europe, North America, South East Asia, Former Soviet Union, Japan, China and the Rest of World. The usage segment is further sub-divided into construction market, automotive market and specialty market, according to a June 3 PR Newswire report.
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