The Glass And Glass Products Global Market Report 2023, provides comprehensive information on the glass and glass products market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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As per The Business Research Company’s Glass And Glass Products Global Market Report 2023, the market size is expected to grow from $202.93 billion in 2022 to $216.27 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The glass and glass products market is expected to reach $263.31 billion in 2027 at a CAGR of 5.0%.
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Product innovation is a key trend gaining popularity in the glass and glass products market. Major companies operating in the glass and glass products market are focused on developing innovative solutions to strengthen their position in the market. For instance in September 2021, Vitro Architectural Glass (Vitro, S.A.B. de C.V.), a US-based glass manufacturer, introduced VacuMax Vacuum Insulating Glass (VIG), which can be readily integrated into traditional and advanced glazing systems to give high R-values and insulating performance. The new device includes an 8.3mm tempered VIG unit, which is made up of two completely tempered glass lites separated by a non-leaded metal seal and a vacuum void. Its thin design and light weight enable it to be integrated into practically any traditional glazing system or window frame. This product is unique as it may improve the performance of any insulating glass unit by dramatically enhancing thermal efficiency, offering insulation performance that is two to four times greater than ordinary insulating glass and six to ten times better than standard monolithic glass.
The glass and glass products market is segmented:
1) By Product Type: Tempered Glass, Laminated Glass, Basic Float Glass, Insulating Glass
2) By Distribution Channel: B2B (Business-To-Business), Specialized Stores, Supermarkets Or Hypermarkets, E-Commerce, Other Channels
3) By Application: Packaging, Construction, Transportation, Electrical And Electronics, Telecommunication, Other Applications
Asia-Pacific was the largest region in the glass and glass products market in 2022.
The table of contents in TBRC’s glass and glass products market report includes:
1. Executive Summary
2. Glass And Glass Products Market Characteristics
3. Glass And Glass Products Market Trends And Strategies
4. Glass And Glass Products Market – Macro Economic Scenario
5. Glass And Glass Products Market Size And Growth
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26. Africa Glass And Glass Products Market
27. Glass And Glass Products Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Glass And Glass Products Market
29. Glass And Glass Products Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Guardian Industries Corp
- Central Glass Co. Ltd
- Nippon Sheet Glass Co. Ltd
- Schott AG
- ChinaGlass Holdings Ltd
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