Global Glass And Glass Products Market Size
Metal And Mineral Manufacturing

Insights Into The Glass And Glass Products Market’s Growth Opportunities Through 2023-2032 – Includes Glass And Glass Products Market Research

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Demand for solar energy is likely to stimulate innovation in the manufacturing of glass and glass products, propelling the market over the forecast period.

 

The global glass and glass products market is expected to grow from $202.93 billion in 2022 to $216.27 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The glass and glass products market is expected to reach $263.31 billion in 2027 at a CAGR of 5.0%.

 

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Global Glass And Glass Products Market Segments Include:

  • By Product Type: Tempered Glass, Laminated Glass, Basic Float Glass, Insulating Glass
  • By Distribution Channel: B2B (Business-To-Business), Specialized Stores, Supermarkets Or Hypermarkets, E-Commerce, Other Channels
  • By Application: Packaging, Construction, Transportation, Electrical And Electronics, Telecommunication, Other Applications
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global glass and glass products market in 2021.

 

Major Market Players in the glass and glass products market include Guardian Industries Corp., Central Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Schott AG, ChinaGlass Holdings Ltd., Saint-Gobain S.A., Asahi Glass Company, Corning Incorporated.

 

Product innovation is a prevalent trend in the glass and glass products sector. Major players in the glass and glass products markets are focusing on providing novel solutions to increase their market position. Vitro Architectural Glass (Vitro, S.A.B. de C.V.), a US-based glass manufacturer, for example, introduced VacuMax Vacuum Insulating Glass (VIG) in September 2021, which can be easily integrated into traditional and advanced glazing systems to provide high R-values and insulating performance. The new device features an 8.3mm tempered VIG unit composed of two totally tempered glass lites separated by a non-leaded metal seal and a vacuum void. Because of its thin shape and light weight, it may be fitted into almost any traditional glazing system or window frame. This product is unusual in that it has the potential to significantly improve the performance of any insulating glass unit by considerably increasing thermal efficiency, providing insulation performance that is two to four times that of regular insulating glass and six to ten times that of normal monolithic glass.

 

The Glass And Glass Products Global Market Report 2023  provides a glass and glass products market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The glass and glass products market forecast analyzes glass and glass products market size, glass and glass products market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Glass and glass products are inorganic solid solids that are generally transparent or translucent, hard, brittle, and impervious to natural elements. To avoid visible crystal formation, they are made by fast chilling liquid ingredients such as silica sand.

 

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