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Flat Glass Industry Size, Share, Demand & Growth by 2032

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Flat Glass Industry Size, Share, Demand & Growth by 2032
The global flat glass industry size is projected to reach a value of USD 8.8 Billion by 2032,
with the market growing at a standard CAGR of 5.2% from 2022 to 2032. Scaling up from a
value of USD 5 Billion in 2021, the target market will reach an estimated USD 5.3 Billion in
2022.
Elevated demand for durable, energy-efficient, and affordable building products is abetting
the growth of the flat glass market. A rising shift in consumer preference for glass in interior
and exterior building structures for aesthetic value is further supplementing the growth of the
target market during the forecast period.
The rapidly advancing construction sector is the prime growth driver of the flat glass market.
The increasing spending on infrastructure projects and the development of eco-friendly green
buildings, which is expected to help reduce carbon emissions into the environment, is further
aiding the growth of the flat glass market.
Owing to the rising demand for renewable energy all over the globe, the market for flat glass
will likely observe a rise in its international sales. This is because flat glass is typically used
in photovoltaic modules, e-glass constructions, and solar panels.
Hence, the rising demand for renewable energy also pushes the demand for flat glass. This
material is increasingly replacing traditional materials like bricks, stone, and wood. In
addition, insulated flat glass is transparent and recyclable, which reduces pollution and also
increases comfort for building residents.
Another factor that propels the market growth is the booming automobile industry. Tempered
glass is increasingly utilized by automotive manufacturers owing to its shatterproof
properties, which can help avoid severe injuries and potential life threats in the course of an
accident.
Other aspects, like the application of nanotechnology to make lightweight glazing glass and
solar control panels, along with growing urbanization and increasing disposable incomes, are
fueling the flat glass market during the forecast period.
Key Takeaways in the Flat Glass Market:

Expanding the construction and infrastructure sector drives market growth.

Fluctuating raw material prices may hamper the market growth.

Expanding the residential construction sector will propel the target market in the
United States.

The Asia Pacific region is expected to dominate the target market during 2022-2032.

Infrastructural development in the Asia Pacific region will fuel the flat glass market.
Der rasch wachsende Bausektor ist der wichtigste Wachstumstreiber des Flachglasmarktes.
Die steigenden Ausgaben für Infrastrukturprojekte und die Entwicklung umweltfreundlicher
Gebäude, die voraussichtlich zur Reduzierung der CO2-Emissionen in die Umwelt beitragen
werden, fördern das Wachstum des Flachglasmarktes zusätzlich.
Aufgrund der steigenden Nachfrage nach erneuerbarer Energie auf der ganzen Welt wird der
Markt für Flachglas wahrscheinlich einen Anstieg seiner internationalen Verkäufe
verzeichnen. Dies liegt daran, dass Flachglas typischerweise in Photovoltaikmodulen, EGlas-Konstruktionen und Solarmodulen verwendet wird.
Daher treibt die steigende Nachfrage nach erneuerbarer Energie auch die Nachfrage nach
Flachglas an. Dieses Material ersetzt zunehmend traditionelle Materialien wie Ziegel, Stein
und Holz. Darüber hinaus ist isoliertes Flachglas transparent und recycelbar, was die
Umweltverschmutzung reduziert und auch den Komfort für die Bewohner des Gebäudes
erhöht.
About the Chemicals and Materials Division at Future Market Insights (FMI)
The chemicals and materials division of Future Market Insights (FMI) offers a distinct and
pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends
from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and
nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and
renewable technology developments, and supply-demand-trade assessment. Our research
studies serve as referencing market guidelines for chemical manufacturers, research
institutions, channel partners, and government bodies for developing — ‘The Way Forward’.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a
member of the Greater New York Chamber of Commerce) offers profound insights into the
driving factors that are boosting demand in the market. FMI stands as the leading global
provider of market intelligence, advisory services, consulting, and events for the Packaging,
Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.
With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110 countries.
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