Market Scenario —
Construction Glass is a translucent glazing material used for external walls and windows. Construction glass possesses many physical and chemical properties such as electric resistance, chemical resistance, flexible molding, and the ability to remain unaffected to climatic changes.
The Global Construction Glass Market is majorly driven by the ever increasing demand for better and economical raw materials from the construction industry. Glass is a major alternative to most universal building materials such as brick, polycarbonate, & wood. Moreover, with the ability to increase the influx of natural light in the building, it has been widely accepted in construction, thereby contributing further to the growth of the construction glass market. Construction firms and owners are coming up with alternative ways of using glass for designing both the exterior and the interior of buildings. The growing investment in the global residential sector is also adding to the growth of the market.
The Global Construction Glass Market is majorly driven by the high growth of the construction industry. The increase in per capita income and the trend of safe and sustainable construction are expected to drive the demand of glass in construction purpose. The rapid shift in consumer preference i.e. preferring new innovative infrastructure over traditional building structures is further contributing to the growth of this market. The rise in the movement of rural population to urban areas in developing countries is creating demand for new construction, also driving the growth of the construction glass market. The demand of factories, offices, manufacturing plants and other constructions is increasing significantly due to rapid industrialization, adding to the growth of the construction glass market.
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The report has been analyzed based on applications, types and regions. Among all applications, the commercial segment is expected to grow rapidly. The migration of population from rural areas to urban areas in developing countries is increasing, owing to which the demand for new construction, such as residential societies, mall, offices, factories, and manufacturing plants is increasing rapidly. With increase in the disposable income of people and a shift in their preferences towards better and decorative construction, the residential segment is also growing rapidly.
The key players of the Global Construction Glass Market are S.A. Bendheim Ltd. (U.S.), AGC Glass Company North America, Inc.(U.S.), Schott AG (Germany), Central Glass Co. Ltd. (Japan), PPG Industries, Inc. (U.S.), Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), JE Berkowitz, LP (U.S.), AGNORA (U.S.), Guardian Industries Corp Ltd .(U.S.).
Asia-Pacific is expected to dominate the Global Construction Glass Market, owing to the developments in the building construction industry. The rise in population and the increase in disposable income of the people are leading to the boom in the construction industry and thereby the construction glass market. The regions of North America and Europe are considered to be mature markets because of construction industry. So the growth in the Construction Glass Market, here, is very low.
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Key Points from Table of Contents:
7. Competitive Analysis
7.2 Competitive Scenario
7.2.1 Market Share Analysis
7.2.2 Market Development Analysis
7.2.3 Application/Service Benchmarking
7.3 S.A. BENDHEIM, ltd. (U.S.)
7.3.2 Application/Service Offering
7.4 AGC Glass Company North America, Inc. (U.S.)
7.4.2 Application/Service Offering
7.5 SCHOTT AG (Germany)
7.5.2 Application/Service Offering
7.6 Central Glass Co. Ltd. (Japan)
7.6.2 Application/Service Offering
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