Global Building and Construction Glass Market, By Type (Low-E Glass, Special Glass), Manufacturing Process (Float Glass Process, Rolled/Sheet Process), Chemical Composition (Soda-Lime, Potash-Lime, Potash-Lead), Application (Residential, Non-residential) – Industry Trends and Forecast to 2030.
Building and Construction Glass Market Analysis and Size
With the ever-changing lifestyle of people and work-from-home environment, numerous people are concentrating on remodeling their homes or infrastructure. In addition, interior designers and builders are focused on offering customers aesthetic designs for their houses. Contemporary architecture with glass has recently been a major focus in developing countries. The high demand for building and construction glass, because of its various advantages such as security, safety, and energy savings, offers plenty of growth prospects for the market.
Data Bridge Market Research analyses that the building and construction glass market is expected to reach USD 184.67 billion by 2030, which was USD 103.55 billion in 2022, registering a CAGR of 7.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Building and Construction Glass Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015- 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Low-E Glass, Special Glass), Manufacturing Process (Float Glass Process, Rolled/Sheet Process), Chemical Composition (Soda-Lime, Potash-Lime, Potash-Lead), Application (Residential, Non-residential)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Nippon Sheet Glass Co., Ltd. (Japan), Saint-Gobain (France), Sisecam (Turkey), SCHOTT AG (Germany), Taiwan Glass Ind. Corp. (Taiwan), Xinyi Glass Holdings Limited., (China), AGC Inc. (Japan), Central Glass Co. Ltd. (Japan), Cardinal Glass Industries, Inc., (U.S.), CEVITAL (Algeria), China Glass Holdings Limited (China), GUARDIAN INDUSTRIES (U.S.), Fuyao Glass Industry Group Co., Ltd., (China), Saint-Gobain (France), Beijing Northglass Technologies Co. Ltd., (China), arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany), Dellner Romag Ltd., (U.K.), Qingdao Tsing Glass Co. Limited (China) and Guangzhou Topo Glass Co., Ltd., (China)
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Market Opportunities
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Market Definition
Building and construction glass is translucent coating material used as a building material and can be molded into desired shapes. It can be drawn, blown, and pressed to any shape. Building and construction glass is used for glass windows, doors, and transparent walls. These glasses possess waterproofing, thermal insulation, and energy conservation, thus making them a feasible option as a building material in the construction sector.
Global Building and Construction Glass Market Dynamics
Drivers
- Increasing demand for flat glass in the building and construction sector
Growing demand for flat glass in the building and construction sector will likely drive the market's growth during the forecast period. Flat glass is evolving as the fastest and most popular glass because of its properties such as protection from UV rays, insulation from noise pollution many others. The increasing adoption of flat glass in both commercial and residential buildings is the major factor that is expected to boost the demand for flat glass in the market.
- Growth and expansion of building construction
Growth and expansion of the building construction industry are likely to propel the growth of the building and construction glass market. Building construction refers to adding structure to a property with minor improvements, such as restroom repairs or room additions. Glasses are used in engineering for architectural and building applications; as a result, growing building construction surges the demand for building and construction glass. Therefore, a rise in the building construction industry is boosting market growth.
Opportunities
- Growing demand for green building construction
Apart from the conventional usage of building and construction glasses in the construction sector, the demand for green building construction increases the market size. For instance, properties of glasses such as sun protection, temperature control, reduced reflection, and changes in the consumer preference for the green and sustainable construction are major factors contributing to the increase in production and glass sales. Hence, the growing demand for green building construction will create lucrative opportunities for market growth.
- Increasing utilization of building and construction glasses in the housing and commercial sector
The need for building and construction glasses is increasing because of the global demand for housing and commercial construction. These glasses have numerous properties, such as excellent insulation capacity, soundproofing, higher tensile strength, chemical resistance, energy-saving high strength, and corrosion resistance, which boost the demand for these products in the housing and commercial sector. As a result, this generates lucrative opportunities for market growth.
Restraints/Challenges
- High cost associated with building and construction of glass
The cost of building and construction glass is very because the manufacturing of this glass is highly energy-consuming due to high temperatures needed to process the raw materials. Furthermore, the installation costs of building and construction glass are also high, which is expected to act as significant restraint for the growth of the building and construction glass market during the forecast period.
- Increasing concern regarding the environment due to carbon dioxide emission
There is a major concern regarding the environment about carbon dioxide emissions. Emission of carbon dioxide gas occurs during the production of these glasses, which is expected to be the major and foremost challenging factor for the growth of the global building and construction glass market from 2023 to 2030.
This building and construction glass market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the building and construction glass market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2021, Nippon Sheet Glass Co. Ltd., a Japan-based glass manufacturing company, introduced NSG Purity. This product represents the introduction of newly developed antiviral-coated and antibacterial glass and the expansion of new technology in response to increasing interest in antiviral materials in the global pandemic. The new antiviral and antibacterial coated glass, NSG Purity, is based on Group's exclusive sol-gel technology.
- In 2021, Installed Building Products acquired Denison Glass & Mirror Inc. for an undisclosed amount of $100 million. Through this acquisition, mounted building products continue to have a healthy pipeline of prospects across various products, locations, and end industries, which is a fundamental part of its growth strategy.
Global Building and Construction Glass Market Scope
The building and construction glass market is segmented on the basis of type, manufacturing process, chemical composition, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Low-E Glass
- Hard Coat Low-e-Glass
- Soft Coat Low-e-Glass
- Solar Coat Low-e-Glass
- Special Glass
- Flat Glass
- Laminated Glass
- Toughened Glass
- Others
Manufacturing Process
- Float Glass Process
- Rolled/Sheet Process
Chemical Composition
- Soda-Lime
- Potash-Lime
- Potash-Lead
Application
- Residential
- Non-residential
Building and Construction Glass Market Regional Analysis/Insights
The building and construction glass market is analysed and market size insights and trends are provided by country, type, manufacturing process, chemical composition, and application, as referenced above.
The countries covered in the building and construction glass market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the building and construction glass market because of increasing urbanization and industrialization in this region. Furthermore, the wide usage of building and construction glass in civil, commercial, and industrial applications and the rising adoption of these glasses in emerging nations in this region will further increase the market growth.
North America will continue to project the highest compound annual growth rate during the forecast period of 2023-2023 because of the growth and expansion of the non-residential sector, including hospitals, offices, commercial spaces, and educational institutes in this region. Furthermore, the presence of major market players such as Guardian Glass, PPG Industries, and AGC Glass will further increase the market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Building and Construction Glass Market Share Analysis
The building and construction glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to building and construction glass market.
Some of the major players operating in the building and construction glass market are:
- Nippon Sheet Glass Co., Ltd., (Japan)
- Saint-Gobain (France)
- Sisecam (Turkey)
- SCHOTT AG (Germany)
- Taiwan Glass Ind. Corp. (Taiwan)
- Xinyi Glass Holdings Limited., (China)
- AGC Inc., (Japan)
- Central Glass Co. Ltd., (Japan)
- Cardinal Glass Industries, Inc., (U.S.)
- CEVITAL (Algeria)
- China Glass Holdings Limited (China)
- GUARDIAN INDUSTRIES (U.S.)
- Fuyao Glass Industry Group Co., Ltd., (China)
- Saint-Gobain (France)
- Beijing Northglass Technologies Co. Ltd., (China)
- arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany)
- Dellner Romag Ltd., (UK)
- Qingdao Tsing Glass Co. Limited (China)
- Guangzhou Topo Glass Co., Ltd., (China)
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