China Float Glass Market Size & Outlook, 2022-2031
China float glass market, 2018-2031 (US$M)
Related Markets
China float glass market highlights
- The China float glass market generated a revenue of USD 14,390.3 million in 2022 and is expected to reach USD 23,012.7 million by 2031.
- The China market is expected to grow at a CAGR of 5.4% from 2023 to 2031.
- In terms of segment, clear was the largest revenue generating product in 2022.
- Clear is the most lucrative product segment registering the fastest growth during the forecast period.
Float glass market data book summary
| Market revenue in 2022 | USD 14,390.3 million |
| Market revenue in 2031 | USD 23,012.7 million |
| Growth rate | 5.4% (CAGR from 2022 to 2031) |
| Largest segment | Clear |
| Fastest growing segment | Clear |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2031 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Clear, Tinted, Reflective, Mirror, Other |
| Key market players worldwide | AGC Inc, Asahi Group Holdings Ltd, As One Corp, Central Glass Co Ltd, Koch Industries, Fuyao Glass Industry Group Co Ltd ADR, Nippon Steel Corp, Compagnie de Saint-Gobain SA, Schott Pharma AG & CO KGaA, Turkiye Sise ve Cam Fabrikalari AS ADR, Virco Manufacturing Corp, Xinyi Glass Holdings Ltd |
Other key industry trends
- In terms of revenue, China accounted for 32.0% of the global float glass market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2031.
- In Asia Pacific, China float glass market is projected to lead the regional market in terms of revenue in 2031.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,449.0 million by 2031.
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Float Glass Market Scope
Float Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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China float 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 float glass market will help companies and investors design strategic landscapes.
Clear was the largest segment with a revenue share of 62.06% in 2022. Horizon Databook has segmented the China float glass market based on clear, tinted, reflective, mirror, other covering the revenue growth of each sub-segment from 2018 to 2031.
The Chinese float glass industry experienced a decline in demand in 2023 due to a slowdown in the domestic market. This downturn was primarily influenced by the weakening of the real estate market, which began in the fourth quarter of 2021 due to the debt crisis faced by real estate developers.
Furthermore, the escalating inflation rates in overseas markets led to increased borrowing interest rates. Also, global energy and raw material prices have also surged as a consequence of the Russia Ukraine conflict.
For instance, in February 2023, China launched a pilot program for real estate private equity investment funds. The China Securities Regulatory Commission has allowed private equity funds to invest in projects under construction, rental projects, affordable homes, and residential housing, on a trial basis.
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Our clientele includes a mix of float 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 China float glass market , including forecasts for subscribers. This country databook contains high-level insights into China float glass market from 2018 to 2031, including revenue numbers, major trends, and company profiles.
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China float glass market size, by product, 2018-2031 (US$M)
China Float Glass Market Outlook Share, 2022 & 2031 (US$M)
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