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The global flat glass market size is predicted to be USD 202.9 billion by 2027, as per a new report by Million Insights. It is estimated that the market would register 7.3% CAGR from 2020 to 2027.
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Flat Glass Market Size Worth $202.9 Billion By 2027 “The global flat glass market size is predicted to be USD 202.9 billion by 2027, as per a new report by Million Insights. It is estimated that the market would register 7.3% CAGR from 2020 to 2027. The rise in product demand from the construction industry is the major factor driving market growth.” The global flat glass market size is predicted to be USD 202.9 billion by 2027, as per a new report by Million Insights. It is estimated that the market would register 7.3% CAGR from 2020 to 2027. The rise in product demand from the construction industry is the major factor driving market growth. In 2019, the architectural segment accounted for the largest share in the market. Further, the segment is projected to continue its dominance over the forecast duration. Flat glasses are widely used in applications such as facades, partitions and windows. Due to the aesthetically appealing design, the product is extensively used in the construction sector. Apart from the construction industry, some of the other segments such as automotive, solar systems installation and display system are increasingly using flat glass panels. Solar power system in particular, is extensively using flat glass as it helps in increasing the efficiency of the system. Asia Pacific held the largest share of 62.5% by volume in 2019. Rapidly increasing construction industry in the region is the major factor attributing to the growth of the flat glass market. Countries such as China, India, Malaysia and Indonesia are investing big in the construction sector. Apart from Asia Pacific, the MEA region is estimated to register significant growth due to shifting focus towards construction activities amid growing tourism in countries such as UAE and Saudi Arabia. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/flat-glass-market/request-sample
Further key findings from the report suggest: • In 2019, APAC accounted for 62.5% share in the market and projected to retain its dominance over the next seven years. • It is estimated that the architectural division would exhibit 7.7% CAGR over the forecast duration. • In 2019, the insulated category accounted for over 30% share in the market owing to its increasing demand from construction and solar energy system. • The tempered glass segment is projected to register 7.2% CAGR over the forecast duration. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/flat-glass-market Million Insights segmented the global flat glass market on the basis of product, application and region: Flat Glass Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027) • Basic • Tempered • Laminated • Insulated • Others Flat Glass Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027) • Architectural • Automotive & transportation • Others Flat Glass Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027) • North America • U.S.
• Europe • Germany • U.K. • Asia Pacific • China • India • Central & South America • Brazil • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/glass
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184