Posted By Wanda Rich
Posted on April 2, 2025
Flat Glass Being Increasingly Used for Decorating Workplaces and Homes Alike: Fact.MR Report
The global flat glass market is valued at US$ 311.4 billion in 2024 and is projected to advance at 4.5% CAGR from 2024 to 2034, as revealed in the recently updated market study by Fact.MR, a market research and competitive intelligence provider. More people are spending money on the decoration of their workplaces and homes. Flat glass, because of its various benefits, is utilized in multiple domains meant for uplifting and decorating the décor of offices and houses.
Flat glass offers various advantages, including absorption, light transmission, weather resistance, refraction, dust resistance, corrosion resistance, and better insulation. In addition, the ability of flat glass to be drawn in any shape is estimated to contribute to its rising consumption in the construction sector in the coming 10 years. Supportive government regulations on smart glass technology and energy efficiency are also projected to create remunerative opportunities for market players.
Key Takeaway from the Market Study:
- The global market for flat glass is forecasted to reach a value of US$ 483.6 billion by the end of 2034. East Asia is expected to capture a 28.5% share of the global market by 2034-end.
- Worldwide sales of insulated flat glass are projected to climb at 4.5% CAGR and reach US$ 104.9 billion by 2034-end. The automotive sector is approximated to account for a 28.4% share of global market revenue by 2034.
- Demand for flat glass in South Korea is projected to accelerate at 6.4% CAGR from 2024 to 2034.
“Rising adoption of electric vehicles and increasing number of floating solar farms are contributing to the growing demand for solar panels, which is subsequently driving the sales of flat glass,”says a Fact.MR analyst.
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Automobile Industry Contributing to Increased Usage of Flat Glass
Worldwide demand for flat glass for use in the automotive industry is calculated to increase at a CAGR of 4% and reach a value of US$ 137.3 billion by the end of 2034. The growing use of flat glass in multiple applications in the automotive sector is leading to its increased consumption. It is utilized in various applications, including side panels, automotive windshields, sunroofs, doors, and windows. Surging requirements for automobiles around the world are forecasted to contribute to their growing production, which is subsequently increasing demand for flat glass as one of the pivotal components.
Growth in the Building & Construction Sector Fueling Flat Glass Demand
The expansion of the building and construction industry is significantly driving the demand for flat glass, which is widely used in the production of doors, windows, solar panels, tabletops, walls, and various furniture components. With rising living standards, both residential and non-residential construction activities are witnessing a steady increase, further propelling market growth. Additionally, government initiatives supporting smart glass technology and energy-efficient solutions are positively shaping market trends.
Consumers are increasingly embracing modern and innovative design solutions for their homes and workplaces, leading to a surge in demand for flat glass. This material is valued for its numerous benefits, including light transmission, corrosion resistance, insulation, dust resistance, and aesthetic appeal. As the preference for stylish and functional interiors continues to grow, the rising demand for luxury construction is expected to further accelerate the consumption of flat glass across various applications.
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Key Market Players
- Fuyao Glass Industry Group Co. Ltd.
- AGC Inc.
- iEcam Group
- Central Glass Ltd.
- Saint-Gobain
- Cevital Group
- Nippon Sheet Glass Co. Ltd.
- China Glass Holding Ltd.
- Guardian Industries
- Euroglas
More Valuable Insightson Offer
Fact.MR, in its new offering, presents an unbiased analysis of the flat glass market, presenting historical demand data (2019 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights into the market based on product type (insulated, laminated, tempered, basic, others) and application (automotive, architecture, others), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
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