Product ID: UCMIG15G2038
Report ID:
UCMIG15G2038 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global glass Facade market was worth USD 67.9 billion in 2020, with an anticipated CAGR (compound annual growth rate) of 3.9% expected between 2021 and 2028.Growing investment in green building initiatives is expected to drive product utilisation during the projected period. Glass is becoming more popular as a preferred building material. The use of glazing in facade architecture is being driven by factors such as abundant natural light, ambiance, and energy efficiency. Other benefits include resistance to harsh weather conditions, transparency or translucency adaptability, aesthetic benefits, & cost-effectiveness.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG15G2038