Posted by Global Construction Glass Market Overview 2023-2028
The global construction glass market size reached US$ 103.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 149.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
Construction glass, also known as architectural glass or building glass, is a specialized glass that is designed for use in the construction industry. It is widely available as float, tempered, laminated, insulated glass units (IGUs), reflective, and smart glasses in various designs and patterns to attract a large consumer base. It is specifically engineered to meet the stringent requirements of building projects and offer enhanced durability, safety, and aesthetic appeal as compared to standard glass. It allows natural light to permeate interior spaces and contributes to energy efficiency by reducing reliance on artificial lighting. It also provides protection against external elements, insulation against heat and noise, enhances the overall aesthetics of the building, and ensures safety through features, such as impact resistance and fire retardation. As it is widely utilized in various applications, such as windows, facades, partitions, doors, and roofing due to its improved toughness, the demand for construction glasses is rising around the world.
Global Construction Glass Market Trends and Drivers:
At present, the increasing adoption of advanced construction glasses that provide effective thermal insulation and maintain indoor temperatures, reduce heat transfer, and enhance energy efficiency by lowering heating and cooling costs represents one of the major factors strengthening the growth of the market. Besides this, the growing demand for aesthetically appealing construction materials among the masses worldwide is offering a positive market outlook. In addition, the increasing adoption of low-e glasses, as they reduce the amount of heat and ultraviolet (UV) rays that can pass through the glass and improve energy efficiency, is offering lucrative growth opportunities to industry investors. Apart from this, the rising number of construction activities and infrastructure development projects across the globe is bolstering the growth of the market. In line with this, the increasing adoption of construction glasses to minimize the risk of injuries from sharp glass fragments among individuals is propelling the growth of the market. Moreover, the growing demand for construction glasses, as they allow abundant natural light to enter indoor spaces that assist in minimizing electricity consumption, is positively influencing the market. Besides this, the rising preference for impact-resistant glasses that enhance the resilience of buildings against extreme weather conditions and potential break-ins is contributing to the growth of the market. Additionally, the increasing integration of smart technologies in construction glass, such as self-tinting or electrochromic windows, that allows occupants to control the level of transparency and solar heat gain and improve comfort is impelling the growth of the market. Furthermore, the rising focus on sustainable and environmentally friendly construction materials is supporting the growth of the market.
Global Construction Glass Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain S.A., Corning Incorporated, CSG Holding Co. Ltd., Guardian Industries (Koch Industries Inc.), Nippon Electric Glass Co. Ltd., PPG Industries Inc., Schott AG, Sisecam and Xinyi Glass Holdings Limited
The report segmented the market on the basis of region, product type, chemical composition, manufacturing process and application.
Breakup by Product Type:
- Special Glass
- Flat Glass
- Laminated Glass
- Toughened Glass
- Others
- Low-e Glass
- Hard Coat Low-e Glass
- Soft Coat Low-e Glass
Breakup by Chemical Composition:
- Soda-Lime
- Potash-Lime
- Potash-Lead
Breakup by Manufacturing Process:
- Float Process
- Rolled/Sheet Process
Breakup by Application:
- Non-Residential
- Residential
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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