Market revenue in 2022 | USD 173,045.1 million |
Market revenue in 2030 | USD 245,350.1 million |
Growth rate | 4.5% (CAGR from 2022 to 2030) |
Largest segment | Tempered |
Fastest growing segment | Insulated |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Basic, Tempered, Laminated, Insulated |
Key market players worldwide | AGC Inc, Flat Glass Group Co Ltd Shs -H- Reg S, Compagnie de Saint-Gobain SA, Vitrolife AB ADR, Cevital, Guardian Industries |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat glass market will help companies and investors design strategic landscapes.
Tempered was the largest segment with a revenue share of 36.8% in 2022. Horizon Databook has segmented the Asia Pacific flat glass market based on basic, tempered, laminated, insulated covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is anticipated to register the fastest growth rate in the market over the forecast period. Rising construction activities in the region, along with increasing penetration of glass-based architecture in residential and non-residential applications, are likely to further fuel the demand for flat glass, especially from the emerging economies of the region.
An increase in infrastructure spending has been witnessed post the outbreak of the COVID-19 pandemic, which is expected to escalate the demand for flat glass in the construction industry.
Factors such as rapid economic growth, rising disposable incomes, and subsequent increase in the demand for residential housing and solar installations are expected to benefit the demand for flat glass in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific flat glass market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific flat glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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