Report ID: SQMIG15F2145
Report ID:
SQMIG15F2145 |
Region:
Global |
Published Date: May, 1990
Pages:
184
|
Tables:
63 |
Figures:
65
Global Construction Glass Market size was valued at USD 128.20 billion in 2022 and is poised to grow from USD 137.34 billion in 2023 to USD 238.28 billion by 2031, growing at a CAGR of 7.13% during the forecast period (2024-2031).
The global construction glass market is poised for substantial growth in recent years. In the global construction glass market, there are several key factors that are shaping the dynamics of this industry and reflecting extensive trends in the construction and building materials sector.
Urbanization remains a dominating driver, with burgeoning populations and rabid developments such buildings, malls, showrooms, etc. fuelling the demand of modern, sustainable structures. The market is categorized by a diverse range of products, including float glass, coated glass and laminated glass, each serving specific applications in diversified industries.
In the context of applications, residential construction leads the way, driven by global need for specialized glass solutions. Geographically, North America, Europe, and Asia Pacific are the key regions steering market growth, each region influenced by unique regulatory landscapes and construction trends.
The competitive landscape is robust, featuring major players such as Asahi Glass Co., Saint Gobin, Nippon Sheet Glass Co., Ltd., and many other players are engaging in strategic moves, such as collaborations, and innovations to maintain competitive landscapes.
However, the industry navigates challenges such as fluctuating costs of raw materials, pandemic, and regulatory restrictions.
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Report ID: SQMIG15F2145