World Flat Glass

World Flat Glass

Global demand for flat glass is projected to rise 5.0 percent per through 2020. This will be somewhat slower than the growth posted between 2010 and 2015, as demand decelerates in China, the largest national flat glass market. However, China is expected to continue to be among the fastest growing markets for flat glass going forward.

This report segments the world flat glass industry by region, country, and market. Data is provided in million square meters, thousand metric tons, and million dollars.

Flat glass markets include:
Architectural
Motor Vehicle
Other (Solar Energy, Consumer Products)

The architectural market will remain the largest of these through 2020. Solar energy applications will post much faster demand gains as countries strive to increase electricity generation from renewable sources.

The architectural flat glass market can be further broken down into:
Nonresidential Construction (new and improvement/repair)
Residential Construction (new and improvement/repair)

The nonresidential construction market accounted for over 70 percent of demand in the architectural flat glass market in 2015.

The motor vehicle flat glass market can be further broken down into:
Original Equipment
Aftermarket

The study covers the following six world regions, as well as 21 countries:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast

The Asia/Pacific region will post the fastest demand gains through 2020, led by strong growth in China. While building construction spending is forecast to slow, limiting gains in the architectural market, continued solid growth in motor vehicle production and manufacturing output will boost demand. India, Indonesia, Thailand, and Vietnam are also expected to post rapid gains in flat glass demand through 2020.

Participating companies include Apogee, Asahi Glass, Cardinal Glass, Corning, Guardian Industries, Gurind India, HanGlas, Magna, Nippon Sheet Glass, PPG, Saint-Gobain, and Vitro.