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 referred to as architectural or building glass, serves as specialized glass tailored for the construction industry’s unique needs. It is available in a variety of forms, including float, tempered, laminated, insulated glass units (IGUs), reflective, and smart glass, featuring diverse designs and patterns to cater to a broad consumer audience. This glass is purposefully engineered to meet the rigorous demands of construction projects, offering superior durability, safety, and aesthetic appeal when compared to standard glass. Construction glass not only allows natural light to penetrate interior spaces but also contributes to energy efficiency by reducing the reliance on artificial lighting. Moreover, it provides protection against external elements, acts as insulation against heat and noise, enhances a building’s overall aesthetics, and ensures safety through features like impact resistance and fire retardation. Due to its enhanced toughness, it finds widespread use in various applications such as windows, facades, partitions, doors, and roofing, leading to a growing global demand for construction glass.
Global Construction Glass Market Trends and Drivers:
Currently, the market is experiencing robust growth due to several key factors. The widespread adoption of advanced construction glass solutions that offer effective thermal insulation, thereby maintaining optimal indoor temperatures and reducing heat transfer, has significantly enhanced energy efficiency. This, in turn, has led to substantial cost savings on heating and cooling expenses, making it a driving force behind market expansion. Furthermore, there is a rising global demand for aesthetically pleasing construction materials, which is creating a favorable market outlook. The utilization of low-emissivity (low-e) glass is also gaining traction, as it effectively reduces the passage of heat and harmful ultraviolet (UV) rays through the glass, further improving energy efficiency. This development is opening up lucrative growth prospects for investors in the industry. The worldwide surge in construction activities and infrastructure projects is playing a pivotal role in bolstering market growth. Moreover, the adoption of construction glass to mitigate the risk of injuries caused by sharp glass fragments is fueling market expansion. Additionally, the increased use of construction glass to harness natural light, thereby reducing electricity consumption, is positively impacting 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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