USD 128.20 billion
Global Construction Glass Market Size, Share, Growth Analysis, By Product(Float Glass, Coated Glass), By Application(Residential Construction, Commercial Construction) - Industry Forecast 2024-2031
Report ID:
SQMIG15F2145 |
Region:
Global |
Published Date: May, 1990
Pages:
184
|
Tables:
63 |
Figures:
65
Global Construction Glass Market Insights
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.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Float Glass
Fastest Growth
Float Glass
Growth Rate
7.13% CAGR
Global Construction Glass Market ($ Bn)
Country Share for Asia Pacific Region (%)
Global Construction Glass Market By Product Type ($ Bn)
Global Construction Glass Market By Product Type (%)
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Global Construction Glass Market Segmental Analysis
Global construction glass market is segmented based on product type, application, and region. By product type, the market is segmented into float glass, coated glass and laminated glass. By application, the market is segmented into residential construction, commercial construction, and industrial construction. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis By Product
The float glass segment has emerged as the largest segment by product type in the global construction glass market. Its dominant position in various applications such as in windows, and interior spaces. The Float glass popularity is attributed to its cost-effectiveness, and ease of use than other glass segments makes it more demanding in the various industries. With its widespread use in residential, commercial and industrial constructions, float glass caters to diverse market needs, making it a cornerstone of the construction glass industry.
Concurrently, the coated glass segment emerged as the fastest growing segment in the global construction glass market. The increasing adoption of coated glass in various industries is fueled by its advanced features, including improved thermal activities and solar control capabilities. Moreover, the construction industry places a growing emphasis on energy efficient building designs, rising the demand for coated glass. Its ability to contribute to sustainable goals and meet rigorous energy efficiency standards positions the coated glass as the fastest growing segment in the growing glass landscape.
Analysis By Application
The largest segment by application in the global construction glass market is residential construction segment. Factors behind its dominating nature are propelled by the global demand for housing and surge in renovation activities. The construction glass, mainly in the form of windows and other architectural elements, plays a pivotal role in enhancing the aesthetic appeal and energy efficiency of residential structural landscapes. However, urbanization plays a significant role in the market, the residential segment remains a burgeoning and sustained key driver of the construction glass market.
On the other hand, the emerging and fastest growing segment by application is the Commercial construction segment. In recent years, there are many advancements and innovations in cities, such as smart cities concepts etc., fueled the global construction glass market indirectly. The modernization of cities by developing office buildings with smart architectural ideas, houses, hospitals, showrooms, malls and more things. The expansion of this segment is closely linked to global economic development and the ongoing trends towards innovative and sustainable commercial designs.
Global Construction Glass Market By Product Type, 2022 (%)
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Global Construction Glass Market Regional Insights
Asia Pacific region currently stands as the leader in the global construction glass market and emerged as the largest market region in 2022. The region’s dominant nature is fueled by rapid urbanization, developing infrastructures, and a growing construction industry. Countries such as India, China, Japan and South Korea play pivotal roles in driving demand, with a surge in both residential and commercial construction projects. The region’ economic growth increasing focus on sustainable developments of buildings and infrastructures contribute to dominance of Asia Pacific in the global construction glass market.
On the other hand, North America is continuously increasing its dominating presence in the construction glass market which represents it as the fastest growing region in the market. Region’s dominating position in the global construction glass market is driven by strong emphasis on energy efficiency and evolving architectural trends. The demand for construction glass in the North America region is fueled by a growing awareness of sustainable construction practices, with a focus on green building initiatives. Technological innovations and a preference for innovative glass ideas and solutions in residential and commercial construction position this region as a key growth hub for the global construction glass market.
Global Construction Glass Market By Region, 2024-2031
- Largest
- Fastest
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Global Construction Glass Market Dynamics
Drivers
Advancements In Glass Manufacturing Technologies
- One of the significant drivers propelling the global construction glass market is the continuous technological advancements in the glass manufacturing and processing. Innovations such as smart glass technologies, dynamic glazing solutions, and energy efficient coatings, contribute to its wide adoption in various applications. Smart glass, for instance, allows for dynamic control of light and heat transmission, enhancing energy efficiency and occupant comfort. These innovations and advancements of technologies not only meet the growing demand for sustainable and high-performance building materials but also open new paths for various applications in smart infrastructure and developed building designs.
Restraints
Fluctuation In Raw Material Prices
- A prominent market restraint which is affecting the global construction glass market is fluctuation in raw materials costs, mainly those related to the production of glasses, such as soda ash, silica, and limestone. Additionally, volatility in the prices of these raw materials can impact the complete production costs for glass manufacturers, leading to likely challenges in sustaining stable pricing for construction glass products.
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Global Construction Glass Market Competitive Landscape
The construction glass market is characterized by intense rivalry among key players striving to capture a significant market share. Leading companies are consistently engaged in innovation, strategic partnerships, and product advancements to maintain their competitive edge. These industry giants leverage their extensive portfolios to offer a range of solutions encompassing Float Glass, Coated Glass and Laminated Glass. As the market witnesses rapid innovations, smaller players and startups also contribute by introducing niche solutions and innovative technologies, contributing to the dynamic and ever-evolving competitive dynamics within the market.
Top Player’s Company Profiles
- Asahi Glass Co.
- Saint-Gobain
- Nippon Sheet Glass Co., Ltd.
- Guardian Industries
- Xinyi Glass Holdings Limited
- CARDINAL GLASS INDUSTRIES, INC
- Fuyao Glass America
- Vesuvius
- Schott AG
- Bendheim and More
Recent Developments
- In September 2022, AGC announced that its subsidiary, AGC Glass Europe S.A. has announced that by end of 2022, it will produce a float glass range featuring a significantly reduced carbon footprint of less than 7 kg of CO2 per m2 for a clear glass (4 mm thickness).
Global Construction Glass Key Market Trends
Integration of Smart Glass in Construction
- A key trend in the global construction glass market is the ongoing diversification of product offerings to gather growing consumer preferences. Key players are expanding beyond traditional construction glass solutions, technologies, and innovative infrastructures. Smart glass is also known as switchable glass and it can be changed by alteration in its light transmission properties in response to external stimuli such as heat, light, or electrical voltage. The increasing focus on energy efficiency in construction has propelled the adoption of smart glass solutions.
Global Construction Glass Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types of teams that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global construction glass market analyses, the market is witnessing significant growth driven by a convergence of factors such burgeoning urbanization, technological integration, and demand for smart glass solutions. The dominance of float glass as the largest segment, coupled with the rapid growth of coated glass, shows the industry’s contributions to versatility and sustainability. In the regional landscape of this market, the Asia Pacific market takes center stage as the largest region. Simultaneously, North America stands out as the fastest growing region. Additionally, competitive landscapes also shape the market growth with the strategic moves of the key players. Strategic collaborations, product launches, and geographic expansions by key players also shaping the construction glass market’s growth.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 128.20 billion |
| Market size value in 2031 | USD 238.28 billion |
| Growth Rate | 7.13% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Construction Glass Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Construction Glass Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Construction Glass Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Construction Glass Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Construction Glass Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Construction Glass Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Construction Glass Market Report Snapshots
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