Global Construction Glass Market is set for a Rapid Growth and is Expected to Reach Around USD 138.3 Billion by 2023

16-Apr-2018 | Zion Market Research

Zion Market Research  has published a new report titled “Construction Glass Market by Type (Insulated glaze units, Glass wool, Glass blocks, Toughened glass, Tinted glass, Chromatic glass, Extra clean glass, Laminated glass, Shatterproof glass, Float glass) by Structure (Roof, Partitions & walls, Staircase, Beams, Floors) by Manufacturing Process (Float, Rolled/Sheet) By Chemical Composition (Soda-lime, Potash-lime, Potash-lead) for Residential and Non-residential applications by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2023.’’According to the report, global construction glass market was valued at around USD 91.7 Billion in 2017 and is expected to reach approximately USD 138.3 Billion in 2023, growing at a CAGR of slightly above 7.0% between 2017 and 2023.

The glass contains certain components that are present in minor quantities to achieve desired properties such as color, heat resistance, abrasion resistance, and strength. Properties of glass can even be adjusted by regulating the temperature of glass melting furnace during its manufacturing. Common glasses are soda lime glass that has applications for producing bottles and windows. Other forms of glasses include metallic glasses, halide, phosphate, lead, borate, aluminosilicate, and borosilicate. 

Browse the full "Construction Glass Market by Type (Insulated glaze units, Glass wool, Glass blocks, Toughened glass, Tinted glass, Chromatic glass, Extra clean glass, Laminated glass, Shatterproof glass, Float glass) by Structure (Roof, Partitions & walls, Staircase, Beams, Floors) by Manufacturing Process (Float, Rolled/Sheet) By Chemical Composition (Soda-lime, Potash-lime, Potash-lead) for Residential and Non-residential applications by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2023" report at  http://https://www.zionmarketresearch.com/report/construction-glass-market

Global Construction Glass Market

Construction glass is characterized by numerous chemical and physical properties that include molding flexibility, chemical resistance, and electric resistance. It remains unaffected to climatic changes that have increased its usage in residential buildings. Rising adoption of energy saving construction materials coupled with advanced infrastructural projects in developing regions has augmented construction glass market growth. Additionally, the glass increases natural light influx in buildings that suffice energy efficient temperature management. Low emissivity of glass helps advanced glazing solution that curtails the need for cooling and heating of buildings. This resulted in reduced carbon emissions and energy consumptions, that has bolster construction glass market. However, high raw material costs and economic downturn of certain countries can restrain the product demand in the forecast period. 

The glass is a cost-effective and attractive alternative for conventional building materials including wood, polycarbonate, and bricks. Further, environmental sustainability, safety, and security are other basic factors projected to foster construction glass market till 2023. Trending usage of natural environmental factors for making interiors in commercial buildings is luring architects for applications of glass. This is accomplished by using glazed areas in facades and roofs, wherein glass is used as prime building structural component. 

Global construction glass market is bifurcated on the basis of the type as insulated glaze units, glass wool, Glass blocks, Toughened glass, Tinted glass, Chromatic glass, Extra clean glass, Laminated glass, Shatterproof glass, Float glass. The chromatic glass is expected to have a significant growth rate during the forecast period due to its usage in meeting rooms and ICU’s etc. It has the ability to restrict transparent property of glass and protect the interior from light. Different structures made up of glass in buildings are roof, partitions & walls, staircase, beams and floors. Beams and floors will have a substantial growth till 2023 owing to trending usage of glass in residential buildings. The product has application in residential and non-residential sectors, wherein residential is anticipated to grab more market share over the period of time. Increasing disposable income and rising awareness towards interior decoration are giving a positive outlook to a residential application. Construction glasses are composed of chemicals that include soda-lime, potash-lime, and potash-lead.

Proliferating construction industry in Germany, France and United Kingdom that complies with European emission norms is providing a positive outlook to Europe in construction glass market. Rapid industrialization coupled with trending interior decoration in developing countries such as China and India is making the Asia Pacific a recognized region in the industry. 

Global construction glass market is served by numerous medium, small and big size players. Prominent strategies being adopted by manufacturers include product expansion, partnerships, mergers & acquisitions, new product launches etc. Significant producers in the industry include Saint-Gobain S.A., PPG Industries, Guardian Industries and Asahi Glass. Other noticeable manufacturers are Sisecam Group, Schott AG, China Glass Holdings Limited, Central Glass Co., Ltd, and Nippon Sheet Glass Co., Ltd.

The report segments global Construction Glass Market as follows:

Construction Glass Market: Type Segment Analysis

  • Insulated glaze units
  • Glass wool
  • Glass blocks 
  • Toughened glass 
  • Tinted glass
  • Chromatic glass 
  • Extra clean glass 
  • Laminated glass 
  • Shatterproof glass 
  • Float glass 

Construction Glass Market: Structure Segment Analysis

  • Roof
  • Partitions & walls
  • Staircase
  • Beams
  • Floors

Construction Glass Market: Manufacturing Process Segment Analysis

  • Float
  • Rolled/sheet

Construction Glass Market: Chemical Composition Segment Analysis

  • Soda-lime
  • Potash-lime
  • Potash-lead

Construction Glass Market: Application Segment Analysis

  • Residential
  • Non-residential

Construction Glass Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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