Global Construction Glass Market
Global Construction Glass Market :-With the expansion of the construction industry, the demand for construction glass is growing rapidly across the globe. Construction glass is increasingly being used as a substitute in most of the construction materials such as wood, polycarbonate, and bricks. This is because of their ability to increase the natural light influx in buildings and promote environmental sustainability. In addition to this, rapid advancements and innovations in glass manufacturing methods are fueling the manufacturing of lightweight and strong glass.
Besides the aforementioned factors, the rising demand for eco-friendly construction materials, technological advancements, energy savings, the surging disposable income of the middle-class populace, and the burgeoning requirement for sustainable construction are also propelling the sales of construction glass across the world. This is driving the progress of the global construction glass market. Residential and commercial sectors are the major application areas of construction glass. Between these, the usage of construction glass was higher in the commercial sector in the past.
Moreover, this trend is likely to continue in the future years. This will be because of the ability of the construction glass to provide protection from toxic ultraviolet (UV) rays and their high resistance to electricity and chemicals. In addition to this, rapid changes in the environment or extreme weather conditions have negligible impact on construction glass. This makes these materials highly sought after among construction firms and real estate developers.
Across the globe
The sales of construction glass were observed to be the highest in the Asia-Pacific (APAC) region during the past few years, as per the findings of P&S Intelligence, a market research company based in India. Due to the high industrialization rate and the launch of several construction projects in the developing countries such as China, India, Malaysia, and Thailand, the demand for construction glass boomed in the region in the past years.
Moreover, the sales of construction glass will rise considerably in this region in the future years. This will be a result of the development of several new construction plants and facilities and buildings such as malls, residential societies, offices, manufacturing plants, and factories in this region. Furthermore, the rising purchasing capability of the people and the mushrooming utilization of construction glass in various suburban areas will push up the demand for construction glass in APAC in the upcoming years.
Rapid expansion of the infrastructure sector in several other regions such as Middle East and Africa and South America is predicted to create lucrative growth opportunities for the players operating in the construction industry in the coming years. This will, in turn, propel the sales of construction glass in these regions. PPG Industries, Asahi Glass, Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., Schott AG, and Central Glass Co. Ltd. are some of the major construction glass manufacturers around the world.
Glass has become a substitute for many building materials
Glass has become a substitute for many building materials, including wood, bricks, and polycarbonate, as it is environmentally sustainable and can increase the safety, security, and natural light influx in buildings. It offers high resistance to chemicals and electricity and protection from harmful solar radiation. Construction glass finds wide applications in doors, external walls, and windows as it is a translucent glazing material. Moreover, the advancements in glass manufacturing technologies have resulted in the production of lightweight and sturdy glass for the construction industry.
Construction glass is mostly used in the building of commercial facilities like offices, malls, and factories. With the booming population, the requirement for these commercial spaces has significantly increased. According to the United Nations, “In 2011, the global population reached the 7 billion mark, and today, it stands at about 7.7 billion, and it’s expected to grow to around 8.5 billion in 2030, 9.7 billion in 2050, and 10.9 billion in 2100”. The commercial real estate sector is showing a rising preference for construction glass because of its exceptional resistance to electricity and chemicals and ability to provide protection from harmful ultraviolet (UV) rays.
Globally, the Asia-Pacific construction glass market generated the highest revenue in the past due to the rapid industrialization and rise in construction activities in the emerging economies of India, China, Thailand, and Malaysia. Furthermore, the region is expected to exhibit the fastest growth in the consumption of this material in the coming years owing to the construction of malls, factories, offices, manufacturing units, and residential societies. Moreover, a spike in the purchasing power of people will boost the adoption of construction glass in the near future.
In the coming years
The South American, Middle Eastern, and African regions will consume a high volume of construction glass due to the rapid growth in their infrastructure sector. Apart from this, European and the two North American countries will also adopt a significant quantity of this material, due to its physical and chemical properties. To meet the requirement from various regions, material providers like AGNORA, Nippon Sheet Glass Co. Ltd., Guardian Industries, JE Berkowitz, Central Glass Co. Ltd., Asahi Glass, AGC Glass Company Inc., PPG Industries, and Schott AG produce construction glass in large quantities.
Thus, the exceptional chemical and physical properties of construction glass will boost its adoption in the infrastructure sector in the foreseeable future. Moreover, the growing focus on energy-efficient and eco-friendly products across the world will amplify its usage.
Hence, it is safe to say that the sales of construction glass will soar all over the world in the forthcoming years, mainly because of the expansion of the construction industry in several countries.
Chapter 1. Research Scope and Methodology
1.1 Market Definition
1.2 Market Scope
1.2.1 Market segmentation by type
1.2.2 Market segmentation by chemical composition
1.2.3 Market segmentation by manufacturing process
1.2.4 Market segmentation by application
1.2.5 Market segmentation by region
1.3 Research Methodology and Sources
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.1 Introduction
3.2 Value Chain Analysis
3.3 Opportunities in the Global Construction Glass Market
3.3.1 Demand for green buildings
3.3.2 Value added glass products
3.4 Factor Driving Growth of the Market and its Impact on Market Forecast
3.4.1 Technological advancement in glass industry
3.4.2 Growth in construction industry
3.4.3 Need for energy saving
3.4.4 Impact analysis of drivers on market forecast
3.5 Factors Hindering Growth of the Market and its Impact on Market Forecast
3.5.1 Environmental and government regulations
3.5.2 Uncertain global economic conditions
3.5.3 Impact analysis of restraints on market forecast
Chapter 4. Global Construction Glass Market Size and Forecast (2012 – 2022)
4.1 Construction Glass Market, By Type
4.1.1 Special Glass
4.1.2 Low-e glass
4.2 Construction Glass Market, By Application
4.2.1 Commercial
4.2.2 Residential
4.3 Construction Glass Market, By Chemical Composition
4.3.1 Soda Lime
4.3.2 Potash Lime
4.3.3 Potash Lead
4.4 Construction Glass Market, By Manufacturing Process
4.4.1 Float Process
4.4.2 Rolled/Sheet Process
4.5 Construction Glass Market, By region
Chapter 5. Global Construction Glass Market, by Geography
5.1 Asia-Pacific Construction Glass Market
5.1.1 Asia-Pacific construction glass market, by type
5.1.2 Asia-Pacific construction glass market, by application
5.1.3 Asia-Pacific construction glass market, by chemical composition
5.1.4 Asia-Pacific construction glass market, by manufacturing process
5.1.5 Asia-Pacific construction glass market, by country
5.2 Europe Construction Glass Market
5.2.1 Europe construction glass market, by type
5.2.2 Europe construction glass market, by application
5.2.3 Europe construction glass market, by chemical composition
5.2.4 Europe construction glass market, by manufacturing process
5.2.5 Europe construction glass market, by country
5.3 North America Construction Glass Market
5.3.1 North America construction glass market, by type
5.3.2 North America construction glass market, by application
5.3.3 North America construction glass market, by chemical composition
5.3.4 North America construction glass market, by manufacturing process
5.3.5 North America construction glass market, by country
5.4 Rest of the World Construction Glass Market
5.4.1 Rest of the World construction glass market, by type
5.4.2 Rest of the World construction glass market, by application
5.4.3 Rest of the World construction glass market, by chemical composition
5.4.4 Rest of the World construction glass market, by manufacturing process
Chapter 6. Competitive Analysis
6.1 Porter’s Five Forces of Competitive Position Analysis
6.1.1 Bargaining power of buyers
6.1.2 Bargaining power of suppliers
6.1.3 Threat of new entrants
6.1.4 Intensity of rivalry
6.1.5 Threat of substitutes
6.2 Competitive Positioning of Global Construction Glass Market, by Chemical Composition
Chapter 7. Company Profiles and Strategic Developments
7.1 Key Company Profiles
7.1.1 Asahi Glass Co. Ltd.
7.1.1.1 Business overview
7.1.1.2 Product and service offerings
7.1.2 Guardian Industries Corporation
7.1.2.1 Business overview
7.1.2.2 Product and service offerings
7.1.3 PPG Industries Inc.
7.1.3.1 Business overview
7.1.3.2 Product and service offerings
7.1.4 Saint-Gobain
7.1.4.1 Business overview
7.1.4.2 Product and service offerings
7.1.5 Schott AG
7.1.5.1 Business overview
7.1.5.2 Product and service offerings
7.1.6 Central Glass Co. Ltd.
7.1.6.1 Business overview
7.1.6.2 Product and service offerings
7.1.7 J E Berkowitz LP
7.1.7.1 Business overview
7.1.7.2 Product and service offerings
7.1.8 Nippon Sheet Glass Co. Ltd
7.1.8.1 Business overview
7.1.8.2 Product and service offerings
7.1.9 Sisecam Group
7.1.9.1 Business overview
7.1.9.2 Product and service offerings
7.1.10 Xinyi Glass Holdings Limited
7.1.10.1 Business overview
7.1.10.2 Product and service offerings
7.2 Strategic Developments in the Global Construction Glass Market
Chapter 8. Appendix
8.1 List of Abbreviations