The Flat Glass Market was worth USD 63.41 billion in the year of 2012 and is expected to reach approximately USD 132.52 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.86% during the forecast period. Fast industrialization with expanding development expenditure by developing nations will drive the worldwide level glass share of the market in close terms. Civil Aviation Administration of China (CAAC), in its twelfth Five Year Plan, affirmed venture of around USD 65 billion for development of new and rebuilding of existing air terminals. In 2014 India, China and Japan were significant members in the Asia Pacific locale with more than 40% of the aggregate profit. Decisive viewpoint towards automotive sector alongside an expansion in use of safety glass in windows is expected to boost the flat glass market estimate in future. I
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Product Outlook and Trend Analysis
Tempered flat glass market was the biggest product section and will reflect significant growth in the upcoming years. Security of passengers is a developing worry for automotive manufacturers and the business stands to profit enormously from it. Different applications incorporate kitchen utensils, windows, phones and doors. Laminated product is anticipated to reflect substantial growth in the following years. Furthermore, the requirement will be supplemented by surge in Asia Pacific construction expenditure with an expansion in discretionary cash-flow. The insulated flat glass market is set to witness significant development in the upcoming years. Double-glazing technique is utilized to produce protected glass, where the sheets of windowpanes are detached by gasses or vacuum to confine the heat exchange. Key applications incorporate airline windows.
Regional Outlook and Trend Analysis
China flat glass market is projected to reflect significant growth in terms of revenue in the upcoming years. Development of substantial scale ventures and expanding spending on infrastructural activities may support the business. MEA drove by Saudi Arabia and Qatar is anticipated to encounter considerable growth in the upcoming years attributable to expanding development spending in the district. India flat glass share of the market is relied upon to witness significant development subject to extension of production enterprises combined with expanding outside interest in the locale. South America, drove by Brazil, is set to encounter a substantial demand in the upcoming years. Bountiful accessibility of raw material with rising business facilities would support the flat glass market in close terms. As far as automotive applications, Chile, Brazil, and Argentina will be significant contributors because of quick development in their vehicle producing industry.
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Flat Glass Market – Table of Contents:
- Executive Summary
- Market Overview
- Flat Glass Market, By Product
- Flat Glass Market, By Application
- Flat Glass Market, By Region
- Company Profiles
7.1. Asahi Glass
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Guardian Glass
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. PPG Industries, Inc.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. Xinyi Auto Glass
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5. Duratuf Glass Industries (P) Ltd.
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1) An extensive research study on the Global Flat Glass Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Flat Glass Market.
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3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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