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IMARC Group has recently released a new research study titled “Asia Pacific Flat Glass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The Asia Pacific flat glass market size reached US$ 57.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 84.5 Billion by 2027, exhibiting a growth rate (CAGR) of 6.84% during 2022-2027.
Flat glass, also known as plate or sheet glass, is generally used in the manufacturing of doors, mirrors, windows, solar panels, etc. It is produced by melting soda ash, sand, and silica into liquid and spreading it to the desired thickness. The molten liquid is then cooled to acquire the desired product. In line with this, flat glass is also manufactured via controlled chemical and thermal reactions to ensure toughness in the structural formation. This reflector is highly flexible and customizable once it is made. As a result, flat glass finds widespread applications across various sectors, such as construction, automotive, solar energy, electronics, etc.
Industry Trends:
The inflating levels of industrialization are among the primary factors driving the Asia Pacific flat glass market. Additionally, the introduction of advanced and efficient construction methods for eco-friendly green buildings that aid in reducing carbon emissions into the environment is positively influencing the regional market. Besides this, the widespread adoption of flat glass in photovoltaic modules, e-glass structures, solar panels, etc., owing to the rising need for clean energy, is further augmenting the market growth. Moreover, insulated flat glass is transparent and recyclable, minimizes pollution, enhances the comfort for the inhabitants of the building, etc., which is also catalyzing the market growth across the Asia Pacific. Apart from this, the expanding automotive industry and the growing popularity of tempered glass among automobile manufacturers, on account of its shatterproof properties that can prevent severe injuries and possible life threats in case of accidents, are anticipated to propel the Asia Pacific flat glass market over the forecasted period.
Key Market Segmentation:
The report has segmented the Asia Pacific flat glass market based on technology, product type, raw material, end use, type, end use industry and country.
Breakup by Technology:
Float Glass
Sheet Glass
Rolled Glass
Breakup by Product Type:
Basic Float Glass
Toughened Glass
Coated Glass
Laminated Glass
Insulated
Extra Clear Glass
Others
Breakup by Raw Material:
Sand
Soda Ash
Recycled Glass
Dolomite
Limestone
Others
Breakup by End Use:
Safety and Security
Solar Control
Others
Breakup by Type:
Fabricated
Non-Fabricated
Breakup by End Use Industry:
Construction
Automotive
Solar Energy
Electronics
Others
Breakup by Country:
China
Japan
India
South Korea
Australia
Indonesia
Others
Competitive Landscape With Key Players:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/asia-pacific-flat-glass-market
Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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