The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Construction Glass Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Construction Glass Market:
https://www.thebusinessresearchcompany.com/report/construction-glass-global-market-report
According to The Business Research Company’s Construction Glass Global Market Report 2024, The construction glass market size has grown strongly in recent years. It will grow from $113.58 billion in 2023 to $123.19 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to urbanization and infrastructure development, energy efficiency regulations, population growth and housing demand, government initiatives for green buildings, safety and security requirements, global economic trends, increased renovation and retrofit activities..
The construction glass market size is expected to see strong growth in the next few years. It will grow to $166.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to continued emphasis on sustainable construction, focus on circular economy principles, demand for antibacterial glass solutions, rise of prefabricated construction methods, smart cities and infrastructure development, emergence of carbon-neutral construction materials, demand for fire-resistant glass solutions.. Major trends in the forecast period include green building and sustainability, smart glass technology, innovations in coatings, increased use of laminated glass, supply chain challenges, architectural trends..
The increase in the building construction industry is expected to propel the growth of the construction glass market going forward. Building construction refers to the procedure of adding structure to a property with minor upgrades, such as room additions or restroom repairs. Glasses are used in engineering for building and architectural applications; as a result, increasing building construction increases the demand for construction glasses. For instance, in June 2022, according to Statistics Canada, a Canada-based national statistical agency, investment in building construction climbed by 2.7% to $20.9 billion. Further, industrial construction investment grew 1.7% to $931 million in the same year, with Ontario accounting for most of the net rise. Commercial investment increased by 1.5% year over year to $2.9 billion in 2022. Therefore, an increase in the building construction industry is driving the growth of the construction glass market.
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The construction glass market covered in this report is segmented –
1) By Product Type: Special Glass, Low-E Glass
2) By Chemical Composition: Soda-Lime, Potash-Lime, Potash-Lead
3) By Manufacturing Process: Float Process, Rolled Or Sheet Process
4) By Application: Non-Residential, Residential
Top Major Players:
AGC Inc.
Guardian Industries
Nippon Sheet Glass Co. Ltd.
AJJ Glass Ltd.
CSG Holding Co. Ltd.
Asia Pacific was the largest region in the construction glass market in 2023.
Technological advancements are a key trend gaining popularity in the construction glass market. Major players operating in the market are developing products with advanced technologies to sustain their position in the construction glass market, such as NSG Purity. For instance, in June 2021, Nippon Sheet Glass Co. Ltd., a Japan-based glass manufacturing company, launched NSG Purity. This product represents the development of new technology and the introduction of newly developed antibacterial and antiviral-coated glass in response to rising interest in antiviral materials in the context of the worldwide pandemic. The new antibacterial and antiviral coated glass, NSG Purity, is based on the Group’s exclusive sol-gel technology.
The construction glass market report table of contents includes:
1. Executive Summary
2. Consumer Foam Market Characteristics
3. Consumer Foam Market Trends And Strategies
4. Consumer Foam Market – Macro Economic Scenario
5.Global Consumer Foam Market Size and Growth
….………
31. Global Consumer Foam Market Competitive Benchmarking
32. Global Consumer Foam Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Consumer Foam Market
34.Consumer Foam Market Future Outlook and Potential Analysis
35. Appendix
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