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The flat glass market is expected to grow from $120.41 billion in 2021 to $130.84 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%.The market is expected to reach to $170.11 billion in 2026 at a CAGR of 6.8%.

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Flat Glass Market Driver

The rising number of solar energy installations is expected to propel the growth of the flat glass market going forward. Solar energy refers to the energy that comes from the sun and which is converted into thermal or electrical energy. Solar energy is the cleanest and most abundant renewable energy source. Flat glass is an essential element that is used in solar units, which helps in converting solar energy into electricity.

Flat Glass Market Trends

New product innovations have emerged as the key trend gaining popularity in the flat glass market. Major companies operating in this market are focused on new product innovations to reinforce their position.

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Flat Glass Market Segmentation By The Business Research Company

1) By Product: Basic Float Glass, Toughened Glass, Coated Glass, Laminated Glass, Extra Clear Glass, Others

2) By Technology: Float, Rolled, Sheet

3) By End-Use Industry: Construction and Infrastructure, Automotive and Transportation, Solar Energy, Others

Major Players And Regions Of The Flat Glass Market

Major players in the flat glass market are Guardian Industries, Saint Gobain, Sisecam Group, Vitro S.A.B. de C.V., Nippon Sheet Glass Co. Ltd, Fuyao Glass Industry Group Co. Ltd, Schott AG, Taiwan Glass Ind. Corp, AGC Inc, Euroglas GmbH, Asahi India Glass Limited, Cardinal Glass Industries Inc, China Glass Holdings Limited, NSG Group, CSG Holdings Co.Ltd, and Phoenicia Flat Glass Industries Ltd.

Asia Pacific was the largest region in the flat glass market in 2021.

The Flat Glass Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the flat glass market.

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