Russia Flat Glass Market Size & Outlook, 2022-2030
Russia flat glass market, 2018-2030 (US$M)
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Russia flat glass market highlights
- The Russia flat glass market generated a revenue of USD 6,326.3 million in 2022 and is expected to reach USD 8,943.0 million by 2030.
- The Russia market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, insulated was the largest revenue generating product in 2022.
- Insulated is the most lucrative product segment registering the fastest growth during the forecast period.
Flat glass market data book summary
| Market revenue in 2022 | USD 6,326.3 million |
| Market revenue in 2030 | USD 8,943.0 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Insulated |
| Fastest growing segment | Insulated |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Russia accounted for 2.2% of the global flat glass market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Russia flat glass market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 6,024.7 million by 2030.
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Flat Glass Market Scope
Flat Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Russia flat glass market outlook
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.
Insulated was the largest segment with a revenue share of 51.79% in 2022. Horizon Databook has segmented the Russia flat glass market based on basic, tempered, laminated, insulated covering the revenue growth of each sub-segment from 2018 to 2030.
Russia is one of the significant markets for flat glass in Europe. Overall glass production is dominated by AGC Flat Glass Klin OOO, JSC ‘Salavatsteklo’, and Guardian Glass, together accounting for 45% of the market share in the country, as of 2020.
Increasing awareness regarding environmental protection and growing efforts to reduce the carbon footprint by various industries are expected to increase the reliance on renewable energy sources over the forecast period.
The government estimates to have 5% of total electricity consumption from renewable energy sources by 2030, which is expected to have a positive impact on solar panel production. This is anticipated to augment the demand for flat glass in the country.
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Target buyers of Russia flat glass market databook
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Our clientele includes a mix of flat glass market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Russia flat glass market , including forecasts for subscribers. This country databook contains high-level insights into Russia flat glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Russia flat glass market size, by product, 2018-2030 (US$M)
Russia Flat Glass Market Outlook Share, 2022 & 2030 (US$M)
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