Increasing modernization as well as renovation of the existing infrastructure along with rising requirement of infrastructure and construction activities across various region in order to cater the rising urbanization, industrialization, migration in urban centers in search of educational institutes, or job opportunities or for healthcare facilities for the patients are the major factors that are contributing to the expansion of the — global flat glass market over the coming years. Further, rising need of modernization, construction of essential infrastructures such as schools, hospitals, libraries, houses, office spaces, in order to cater the increasing requirement of the ever increasing population in several regions are further creating opportunities for the expansion of the global flat glass market over the coming years.
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Moreover, growing attractiveness of using flat glass for the construction activities because of the look it gives to the buildings is further increasing its popularity among the individuals over the coming years. Flat glass is used in several places for infrastructure and construction activities. Further, rising adoption of smart spaces such as smart homes, smart offices, smart hospitals are further increasing the utilization of the product among the individuals and companies, which is contributing to the expansion of the global flat glass market over the analysis time frame.
Further, rising consumption of the flat glass in several industries such as automobile, construction and other is further increasing the industry growth over the coming years. Also, the usage of the flat glass in making doors, windows, building walls, and automobile windows is further increasing its popularity among the companies, hence fueling the market growth of the flat glass across the globe.
However, rising spread of the global pandemic of COVID-19 has caused disturbances in the supply chain and manufacturing of several products by imposing temporary shutdowns of factories as well as travel ban, which is likely to hamper the industry growth.
Flat glass industry across the globe is fragmented in nature with nearly more than 110 companies producing flat glass at present. Trends like restructuring and consolidation are expected to shape the global flat glass industry for the new entrants as well as established players. However, organized players still dominate the global flat glass market and account for nearly more than 50% of the market share. For instance, Indian flat glass industry is dominated by established players such as MODIGUARD, LaOpala RG Limited, Piramal Glass, Borosil, Saint-Gobain, AGC Inc., and Hindusthan National Glass. These players hold nearly 70% of the market share followed by unorganized players with nearly 30% of the market share.
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Some Major Points From TOC:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Flat Glass Market Overview, By Product
Chapter 5. Global Flat Glass Market Overview, By Application
Chapter 6. Global Flat Glass Market Overview, By Region
Chapter 7. Industry Structure
Chapter 8. Company Profiles
8.1. Asahi Glass Group
8.3. Nippon Sheet Glass
8.4. Guardian Industries
8.5. Taiwan Glass
8.6. Cardinal Glass
8.7. China Glass Holdings Ltd
8.8. Corning Inc.
8.10. Hindusthan National Glass
8.11. List of other vendors
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