Flat Glass Markets In China : Industry Growth, Forecast Report By Radiant Insights,Inc
RadiantInsights.com includes new market research report on “China Flat Glass Market Size, Share And Trends Report : Radiant Insights” to its huge collection of research reports.
San Francisco, California – May 25, 2016 /MarketersMedia/ —
Flat glass includes all classes of glass produced in flat form, despite of any manufacturing method used. In addition, Major use of flat glass is in construction industries such as transparent walls, glass windows and glass doors in modern infrastructure.
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These glasses are widely used in automotive applications. Additionally, Key constituents of flat glass are calcium oxide, sodium oxide, aluminum oxide and magnesium oxide.
Based on product types, flat glass market is divided in laminated glass, annealed glass, mirrored glass, coated glass and toughened glass. According to manufacturing methods, the china flat glass market is segmented into sheet glass floats glass and rolled glass. Float glass is the most broadly adopted technogy globally. It dominated the market in 2013.
On the basis of end-user applications, the market is split in automotive, construction and others. Also, Construction is the biggest application segment for flat glass. It accounts for more than 50 per cent of the market share. Key properties of flat glass are luxury design, noise control, energy saving, chemical; inertness and cost benefits.
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Augmenting demand of renewable energy sources such as E-glass, photovoltaic cells and solar panels will positively impact the china flat glass market demand.
Region wise, Asia Pacific was the major market of flat glass followed by Europe and North America. China dominated the market by accounting for 50 % of the total market share of flat glass. Additionally, Asia Pacific is growing rapidly due to its huge demand and urbanization from developing countries in the region.
On the other hand, North America and Europe flat glass market are comparatively mature and are classified by growing preference towards laminated products. Furthermore, Expanding use of original equipment manufacturing in automotive sector has driven the market demand.
Key companies operating in global flat glass market comprise Pilkinton Group Limited, Guardian Industries Corp., AGC Company North America and PT Asahimas Flat Glass Tbk.
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