According to the latest report by IMARC Group, titled “Europe Flat Glass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
How big is the Europe flat glass market?
The Europe flat glass market size reached US$ 19.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.4 Billion by 2028, exhibiting a growth rate (CAGR) of 3.62% during 2023-2028.
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What is flat glass?
Flat glass, also known as sheet glass or plate glass, is a type of glass that is manufactured in flat and uniform sheets. It is widely used in various industries and applications due to its versatility, transparency, and optical clarity.
Flat glass is produced through the process of floating or rolling molten glass onto a bed of molten metal, which results in a smooth and flat surface. It is primarily composed of silica (sand), soda ash, and lime, along with small amounts of other minerals and additives. It is available in different types, including clear glass, tinted glass, frosted glass, patterned glass, and coated glass that offers specific characteristics and properties to suit different applications.
Flat glass is highly transparent, allowing for the transmission of light and offering excellent optical clarity. This transparency makes it suitable for applications where visibility and natural lighting are desired, such as windows, doors, display cases, and glass partitions.
Market Trends:
The flat glass market in Europe is majorly driven by significant growth in the construction industry. Coupled with the growing number of remodeling and restructuring activities is providing a boost to the market.
Moreover, stringent energy efficiency regulations and sustainability initiatives in Europe drive the adoption of energy-efficient building materials, including flat glass. Energy-saving glass technologies, such as low-emissivity (Low-E) coatings and insulating glass units (IGUs), are in high demand to reduce energy consumption and improve thermal insulation, thereby impacting the market favorably.
Furthermore, flat glass is widely used in the manufacturing of windshields, side windows, and rear windows of automobiles. As the automotive industry experiences growth and demand for advanced features and safety, the demand for flat glass in automotive applications also increases, which, in turn, is acting as a growth-inducing factor.
Market Segmentation:
The report has segmented the market into the following categories:
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 Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- 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.
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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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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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