COVID-19 Impact & Recovery Analysis — Flat Glass Market 2020–2024 | Rising Demand from Solar Energy Sector to Boost Growth | Technavio
Technavio has been monitoring the flat glass market and it is poised to grow by 23.86 million MT during 2020–2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, CSG Holding Co. Ltd., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Nippon Sheet Glass Co. Ltd., SCHOTT AG, Taiwan Glass Ind. Corp., and Vitro SAB De CV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rising demand from the solar energy sector has been instrumental in driving the growth of the market. However, the high cost of flat glass might hamper market growth.
Flat Glass Market 2020–2024: Segmentation
Flat Glass Market is segmented as below:
- Type
- Geography
- End-user
- Raw Materials
- Float Glass
- Sheet Glass
- Rolled Glass
- APAC
- Europe
- North America
- MEA
- South America
- Construction
- Automotive
- Solar Glass
- Others
- Sand
- Soda Ash
- Dolomite
- Recycled and Broken Glass
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Flat Glass Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our flat glass market report covers the following areas:
- Flat Glass Market size
- Flat Glass Market trends
- Flat Glass Market industry analysis
This study identifies the investments in construction projects globally as one of the prime reasons driving the flat glass market growth during the next few years.
Flat Glass Market 2020–2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the flat glass market, including some of the vendors such as AGC Inc., Central Glass Co. Ltd., Compagnie de Saint-Gobain SA, CSG Holding Co. Ltd., Fuyao Glass Industry Group Co. Ltd., Koch Industries Inc., Nippon Sheet Glass Co. Ltd., SCHOTT AG, Taiwan Glass Ind. Corp., and Vitro SAB De CV Backed with competitive intelligence and benchmarking, our research reports on the Flat Glass Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
