India Float Glass Market Size & Outlook, 2022-2031
India float glass market, 2018-2031 (US$M)
Related Markets
India float glass market highlights
- The India float glass market generated a revenue of USD 894.6 million in 2022 and is expected to reach USD 1,449.0 million by 2031.
- The India market is expected to grow at a CAGR of 5.5% 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 894.6 million |
| Market revenue in 2031 | USD 1,449.0 million |
| Growth rate | 5.5% (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, India accounted for 2.0% 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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India 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 54.01% in 2022. Horizon Databook has segmented the India float glass market based on clear, tinted, reflective, mirror, other covering the revenue growth of each sub-segment from 2018 to 2031.
Recent initiatives undertaken by the Government of India, including Skill India and Make in India, have prompted a number of automakers to set up their manufacturing plants in the country and procure high quality float glass from local vendors.
This is anticipated to positively impact the growth of the market in India from 2024 to 2031. The rising demand for auto components owing to the surging production of automobiles, increasing exports of vehicles, and diversifying the automotive industry has fueled the demand for float glass in the country.
As the automotive industry in India has been exhibiting significant growth potential, it has led to long term expansion strategies by top car manufacturers in the country. This, in turn, is expected to augment the demand for float glass in India in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the India float glass market , including forecasts for subscribers. This country databook contains high-level insights into India float glass market from 2018 to 2031, including revenue numbers, major trends, and company profiles.
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India float glass market size, by product, 2018-2031 (US$M)
India Float Glass Market Outlook Share, 2022 & 2031 (US$M)
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