November 26, 2020

Flat Glass Market to Reach 23.86 Million MT by 2024, AGC Inc. and Central Glass Co. Ltd. Emerge as Key Contributors to Growth

Technavio has been monitoring the flat glass market and it is poised to grow by 23.86 million MT during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Flat Glass Market 2020-2024 (Graphic: Business Wire)

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Frequently Asked Questions-

  • At what rate is the market projected to grow?

  • Growing at a CAGR of over 5%, the incremental growth of the market is anticipated to be 23.86 million MT.

  • Who are the top players in the market?

  • AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, CSG Holding Co. Ltd., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Nippon Sheet Glass Co. Ltd., SCHOTT AG, Taiwan Glass Ind. Corp., and Vitro SAB De CV are some of the major market participants.

  • What are the key market drivers and challenges?

  • Rising demand from the solar energy sector is one of the major factors driving the market. However, the high cost of flat glass restraints the market growth.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, CSG Holding Co. Ltd., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Nippon Sheet Glass Co. Ltd., SCHOTT AG, Taiwan Glass Ind. Corp., and Vitro SAB De CV are some of the major market participants. The rising demand from solar energy sector will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Flat Glass Market 2020-2024: Segmentation

Flat Glass Market is segmented as below:

  • Type

    • Float Glass

    • Sheet Glass

    • Rolled Glass

  • Geography

    • APAC

    • Europe

    • North America

    • MEA

    • South America

  • End-user

    • Construction

    • Automotive

    • Solar Glass

    • Others

  • Raw Materials

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Flat Glass Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The flat glass market report covers the following areas:

This study identifies investments in construction projects globally as one of the prime reasons driving the flat glass market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Flat Glass Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist flat glass market growth during the next five years

  • Estimation of the flat glass market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the flat glass market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of flat glass market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by End-user by Volume

  • Market segments by volume

  • Comparison by End-user by volume

  • Construction – Market size and forecast 2019-2024

  • Automotive – Market size and forecast 2019-2024

  • Solar glass – Market size and forecast 2019-2024

  • Others – Market size and forecast 2019-2024

  • Market opportunity by End-user by volume

Market Segmentation by Type by Volume

  • Market segments by volume

  • Comparison by Type by volume

  • Float glass – Market size and forecast 2019-2024

  • Sheet glass – Market size and forecast 2019-2024

  • Rolled glass – Market size and forecast 2019-2024

  • Market opportunity by Type volume

Market Segmentation by Raw Materials

Customer landscape

Geographic Landscape by Volume

  • Geographic segmentation by volume

  • Geographic comparison by volume

  • APAC – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • North America – Market size and forecast 2019-2024

  • MEA – Market size and forecast 2019-2024

  • South America – Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography by volume

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • AGC Inc.

  • Central Glass Co. Ltd.

  • Compagnie de Saint-Gobain SA

  • CSG Holding Co. Ltd.

  • Fuyao Glass Industry Group Co. Ltd.

  • Koch Industries Inc.

  • Nippon Sheet Glass Co. Ltd.

  • SCHOTT AG

  • Taiwan Glass Ind. Corp.

  • Vitro SAB De CV

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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