Flat Glass Market, by Glass Type (Tempered, Laminated, & Annealed; Coated Glass, Mirror Glass, and Others), by Application (Automotive Glasses, Windows & Glass Doors, Solar Panel, Façade, and Others), by End-use Industry (Automotive, Building and Construction, Energy, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Flat Glass is flat like sheets of paper made by floatingmolten glass along with molten metal and other materials. It is widely preferred to make high quality large windows and doors as it is generally available in large and flat pieces. It is also used for other purposes in automotive, energy, modern architecture and others.
Market Dynamics
Increasing growth in the automotive industry is the underlying factor driving the global flat glass market growth. Flat glass is commonly used in automotive applications such as mirrors, windshields, windows, sunroofs, and others as it is considered as very clear and strong. According to the Society of Indian Automobile Manufactures, total passenger vehicle sales increased from 2,711,457 to 3,069,499 units in April 2021 to March 2022 as compared to the April 2020 to March 2021.
Furthermore, growing demand for solar energy is also expected to fuel demand for flat glass. Environmental awareness among the industries has led to greater utilization of solar energy, to reduce dependence on non-renewable energy sources. Flat glass is used in photovoltaic modules and solar panels to concentrate sunlight. These factors are expected to propel demand for flat glass over the forecast period.
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