The global Flat Glass Market size is projected to reach USD 238.71 Billion by 2029, from 136.58 Billion in 2022, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. Exactitude Consultancy with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Flat Glass Market Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities.
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Companies Profiled in Flat Glass Market Report:
AGC Inc, Central Glass Ltd, Cevital Group, China Glass Holding Ltd, Euroglas, Fuyao Glass Industry Group Co., Ltd, Guardian Industries, Nippon Sheet Glass Co., Ltd, Saint-Gobain and Şişecam Group.
Rapid Industrialization Worldwide to Accelerate Growth
Flat glass is mainly used in the facades, windows, and roofs of buildings. It is also utilized in the internal partitions and is considered to be a crucial architectural feature. It consists of various properties, such as excellent thermal insulation and acoustic insulation. Therefore, it is gaining more and more popularity from the building and construction industry. Also, the increasing number of infrastructural development and construction activities across the globe is likely to propel this market growth in the coming years.
Apart from that, rapid industrialization is resulting in the high demand for flat glass as they are being installed in the commercial buildings for driving the usage of natural lights. However, during the decomposition process of nitrogen and sulfur compounds, the release of toxic gases, namely, nitrous oxides and sulfur oxides often leads to acidification and hence, causes smog. It may hinder the market growth.
Industry Giants Focus on Acquisitions & Opening New Facilities to Intensify Competition
The market houses numerous big, small, and medium enterprises that are currently striving to understand the pattern of consumer preferences and behaviour by conducting researches on the market trends. Several enterprises are adopting the strategy of mergers and acquisitions, while the others are investing huge sums in developing new facilities to augment their production capacity.
Flat Glass Market by Product
Regions considered in the market are gauged on the basis of performance metrics which differ by economic growth, government support, and investment scenario. Ease of business index and other growth metrics which foster market growth are considered before estimating its value. Figures and statistics from reputed government organizations are included in the report for cementing its value.
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Pre-Post COVID-19 Impact on Global Flat Glass Market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Flat Glass Market, since end-user industries were still not operating at their full capacity.
This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
The total size of the Flat Glass Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
4.5 Recent Industry Developments — Partnerships, Mergers and Acquisitions
5. Global Flat Glass Market Analysis, Insights and Forecast
5.2. Market Analysis — By Product Type
5.3. Market Analysis — By Distribution Channel
5.4. Market Analysis — By Countries/Sub-regions
12.6 Regional Market Size and Demand
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