Flat glass is glass that is manufactured in a flat, uniform shape. It is commonly used in the automotive, architectural, and decorative industries. Windshields, rear windows, and side windows are all examples of automotive flat glass. Windows, walls, and skylights are all examples of architectural flat glass. Mirrors, glass tabletops, and display cases are examples of decorative flat glass. The construction and automotive industries drive the demand for flat glass. Flat glass is used in the construction of commercial, industrial, and residential structures. It is also used in the manufacture of automobiles, buses, and other motor vehicles. The flat glass market was estimated to grow USD 142.05 Billion by 2022, at a CAGR of 7.30% during the forecast period.

Get PDF Brochure for Research Insights at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=187897592

Flat Glass Market: Key Driving Factors

Growing Demand for Automobile and Building Construction: The growing demand for automobiles and the construction of buildings is one of the key driving factors for the flat glass market. Flat glass is widely used in automobiles for windshields, side and rear windows, mirrors, and sunroofs and in buildings for windows, doors, and skylights.
Increasing Use of Flat Glass in Solar Panels: Flat glass is increasingly being used in solar panels as it has various advantages such as high light transmission, better optical clarity, and more durability than regular glass. This is expected to drive the flat glass market in th upcoming year.
Technological Advancement: Increasing technological advancements in flat glass production processes and equipment ar expected t drive the market. Companies are introducing new technologies such as float lines and coated glass to improve the strength and clarity of the glass.
Growing Demand from Emerging Economies: The demand for flat glass is increasing in emerging economies such as India, China, and Brazil due to the growing construction and automotive industries. This is expected to create new opportunities for the flat glass market in these countries.
Toughened glass product type was the largest segment of the flat glass market

The market for automotive glass worldwide was dominated by the toughened glass product category. This is mainly because of its exceptional qualities, which include strength, longevity, heat resistance, and shatter resistance. Windshields, backlights, and side glasses are frequently made with toughened glass in the car industry. Due to the superior UV protection it offers, it is also being utilised more frequently in car sunroofs. The main factors influencing the growth of the toughened glass product type category are the rising demand for luxury cars and the rising desire for cars with cutting-edge features.

Construction & infrastructure was the largest application segment of the flat glass market

The demand for flat glass, which is utilised in construction activities as windows, roofing, and other applications, has grown due to the expansion of construction activities around the world. Flat glass is becoming more and more in demand as the need for energy-efficient buildings rises since it contributes to energy savings and enhances building insulation. Additionally, as flat glass is a recyclable and environmentally benign material, the preference for green buildings is predicted to increase demand for it.

Get the Latest Version of the Report at https://www.marketsandmarkets.com/RequestNewVersion.asp?id=187897592

Asia-Pacific was the largest market for Flat Glass

The Asia-Pacific region is the largest market for flat glass, accounting for more than 50% of global demand. This is due to the increasing demand for flat glass in the region from the construction industry, increasing disposable income, and the presence of numerous automotive and consumer electronics manufacturers. The region is expected to witness the highest growth rate during the forecast period due to the growing demand from the automotive, construction, and consumer electronics industries. Demand for flat glass in North America is mainly driven by the growing demand from the construction industry and the increasing number of automotive and consumer electronics manufacturers in the region. The region is expected to witness a steady growth rate during the forecast period. The flat glass market in Europe is driven by the growing demand for construction materials and the presence of numerous automotive and consumer electronics manufacturers. The region is expected to witness a moderate growth rate during the forecast period.

Some of the key global players operating in the flat glass market are Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (U.S.), Taiwan Glass (Taiwan) and others.

Read Our Trending Press Release Below:

Biocomposites Market- https://www.marketsandmarkets.com/Market-Reports/biocomposite-market-258097936.html


Sports Composites Market- https://www.marketsandmarkets.com/Market-Reports/sports-composites-market-192733662.html


About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441