The flat glass market size was USD 140.30 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for flat glass from the automotive sector for various applications in passenger vehicles is a major factor driving market revenue growth. In addition, increasing use of flat glass for production of solar panels is expected to propel revenue growth of the market in the future. Bulk of solar modules used for production of glass is the single largest component by mass, accounting for around 97% of module's weight. In solar power systems, glass is used to protect components, provide structural strength to module, and enclose cells. Moreover, it is also used to make mirrors for solar power systems that focus on sunlight.  Furthermore, it is often employed in solar applications as glass can transfer light without absorbing it and can be used to concentrate sunlight and other light sources in various applications, as glass can be manufactured with a reflective coating on one or both sides.

The deadly viral outbreak and the subsequent global lockdown enforcement have beleaguered the Flat Glass business landscape. Moreover, it has impeded the developmental scope of various manufacturers and buyers involved in this sector. Thus, the report offers insightful speculations about the post-COVID-19 scenario of the Flat Glass industry.

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Flat Glass Market Competitive Landscape:

Saint Gobain, Cevital Group, Vitro, Euroglas, Schott AG, Cardinal Glass Industries, Guardian Industries, Gulf Glass Industries, Scheuten Glass, and China Glass Holdings Limited.

Some Key Highlights from the Report

The insulated segment is expected to register a steady growth throughout the forecast period due to their demand for manufacturing glass panes, doors, and windows owing to their superior insulation qualities provided by air space between two layers of glass.

The architectural segment is expected to register a significant market revenue growth owing to rising construction demand across the globe. Flat glass is applicable in every single building for various outdoor and indoor applications.

The Asia Pacific market is expected to register a considerable growth due to the ever-growing construction industry in China and India.

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Flat Glass Market Segmentation:-

Emergen Research has segmented the flat glass market based on product, application, and region:

Product Outlook (Revenue, USD Billion; 2019–2030)

Basic

Laminated

Insulated

Tempered

Coated

Others

Application Outlook (Revenue, USD Billion; 2019–2030)

Architectural

Automotive

Others

Flat Glass Market Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the report provides a qualitative and quantitative analysis of the Global Flat Glass market, including the global and regional analysis of the market. The study covers critical information and factual data about the Flat Glass industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Flat Glass market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Flat Glass industry.

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