The Construction Glass Market Size was valued at USD 115.98 Billion in 2022. The Construction Glass market industry is projected to grow from USD 116.01 Billion in 2023 to USD 200.81 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.28% during the forecast period (2023 - 2030). Construction glasses are glasses with a translucent coating and are generally utilized for glass doors and windows or as transparent walls. Construction glasses generally come with potential features such as energy conservation, waterproofing, thermal insulation, and so on, thereby making them viable building materials for commercial and residential spaces. The glass manufacturers are incorporating chemical properties such as electric resistance, chemical resistance, resistance to varied temperature waterproofing, and flexibility to mold according to the necessity. Such factors are making construction glasses the most preferred building material for sophisticated building materials.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The development in the construction industry and the inclination of the builders to utilize safe and sustainable building materials to enhance the value of the property are considered the key growth-stimulating factor. Rising urbanization and favorable economic condition of the residents and commercial sectors combined with the increasing investment for construction activities are some of the major market drivers of construction glass market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Additionally, The construction industry was rapidly developing in recent years, as the government of several developing countries was thriving to develop rural areas into urban areas. Such factors are bringing in eco-friendly buildings that effectively control carbon dioxide emissions. Such factors are presenting lucrative opportunities for the deployment of flat glass. The construction glasses are deployed in the automotive as well. As the demand for sophisticated vehicles is increasing in recent years. The increasing investments in the automotive industries are propelling automotive manufacturers in producing lightweight glazing glasses with nanotechnology. Such factors are considered key opportunities for the overall growth of the construction glass industry during the forecast period.
The Construction Glass market segmentation, based on Type, includes Low-E Glass and Special Glass. The special glass segment holds a large number of shares in the market because of the growing adoption of flat glass in residential and commercial buildings and due to its properties like natural insulation and protection from UV rays & noise pollution, which is the factor that boosts the market growth of the Construction Glass Market.
Based on Application, the Construction Glass market segmentation includes Residential, Nonresidential, Commercial, and Others. The Nonresidential segment holds a large number of shares in the market because of the growing construction activities of green buildings and many government regulations related to energy-efficient buildings, which is the factor that boosts the market growth of the Construction Glass Market.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America is witnessing significant growth in the construction glass industry, owing to the favorable economic condition and rapid growth in urbanization and population. Moreover, the increasing government initiatives across North America are further propelling residential and commercial construction activities. Moreover, the regulations to adopt flat glasses in the construction industry across the region further encourage the vendors to stimulate construction glass production.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The Asia-pacific region is also expected to hold a higher market share during the forecast period. It held a market value of about 60.7% in the year 2021 and continues to grow in market share. The factors such as rapid urbanization and industrialization of the region, with the help of government initiatives, are presenting opportunities for the overall development of industries and commercial spaces such as offices, malls, residential units, industrial spaces, manufacturing plants, and so on. Such developments across the region present lucrative opportunities for the overall growth of the construction glass industry during the forecast period.
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Construction Glass market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Construction Glass industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Construction Glass. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Construction Glass industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Construction Glass industry to benefit customers and expand the market sector. The Construction Glass market has recently given medicine some of the most important advantages. Major Construction Glass market players, including S.A. Bendheim Ltd. (U.S.), AGC Glass Company North America, Inc.(U.S.), and others, are attempting to increase market demand by funding R&D initiatives.
Bendheim is a provider of architectural glass and systems. It offers in-house manufacturing, vast domestic inventory, consultative design, and other services.
Also, SCHOTT is a company specializing in the manufacture of glass and glass ceramics. It offers products such as ambient automotive glass, glass door systems, glass tubing, restoration glass, sanitary glass solutions, etc. The company serves the home appliance, pharma, electronics, optics, life sciences, automotive, and aviation industries.
S.A. Bendheim Ltd. (U.S.)
AGC Glass Company North America, Inc.(U.S.)
Schott AG (Germany)
Central Glass Co. Ltd. (Japan)
PPG Industries, Inc. (U.S.)
Saint-Gobain S.A. (France)
Nippon Sheet Glass Co., Ltd. (Japan)
JE Berkowitz, LP (U.S.)
AGNORA (U.S.)
Guardian Industries Corp Ltd . (U.S.).
In the year 2020, one of the leading market players, Guardian Glass introduced their facility which is their second float glass manufacturing plant, located in Poland. The new facility caters to the growing demand in the industry efficiently. Several market players are developing energy-efficient glass materials, as energy conservation is highly focused on in major countries. One of the leading market players, PPG Industries Inc. has launched Solarban z75 low e-glass which efficiently minimizes the heat entering the building. The supreme solar-controlling property of these glasses is intensively used in humid regions, thereby reducing air-conditioning costs.
Low-E Glass
Special Glass
Construction Glass Application Outlook
Residential
Nonresidential
Commercial
Construction Glass Regional Outlook
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 115.98 Billion |
| Market Size 2023 | USD 116.01 Billion |
| Market Size 2030 | USD 200.81 Billion |
| Compound Annual Growth Rate (CAGR) | 7.28% (2023-2030) |
| Base Year | 2023 |
| Market Forecast Period | 2023-2030 |
| Historical Data | 2018 & 2020 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | S.A. Bendheim Ltd. (U.S.), AGC Glass Company North America, Inc.(U.S.), Schott AG (Germany), Central Glass Co. Ltd. (Japan), PPG Industries, Inc. (U.S.), Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), JE Berkowitz, LP (U.S.), AGNORA (U.S.), Guardian Industries Corp Ltd . (U.S.). |
| Key Market Opportunities | The fastest growth in the construction industry · Increased popularity of such systems. |
| Key Market Dynamics | Increasing demand for better and more economical raw materials from the construction industry · Ability to increase the influx of natural light in the building. |
Construction Glass Market Highlights:
Frequently Asked Questions (FAQ) :
The Construction Glass market size was valued at USD 115.98 Billion in 2022
The market is projected to grow at a CAGR of 7.28% during the forecast period, 2023-2030
North America had the largest share of the Construction Glass market
The key players in the market are S.A. Bendheim Ltd. (U.S.), AGC Glass Company North America, Inc.(U.S.), Schott AG (Germany), Central Glass Co. Ltd. (Japan), PPG Industries, Inc. (U.S.), Saint-Gobain S.A. (France), Nippon Sheet Glass Co., Ltd. (Japan), JE Berkowitz, LP (U.S.), AGNORA (U.S.), Guardian Industries Corp Ltd . (U.S.)
The special glass categories dominated the market in 2023
The Nonresidential had the largest share in the market for Construction Glass
Research Analyst Harshita post graduate mba in business administration from welingkar institute, mumbai and 5 years of experience in the field of product market research. as a research analyst, i have cross-domain experience in packaging, and industrial automation & equipment. i am currently looking after the research process of packaging, logistics & transportation, and industrial automation & equipment at market research future reports. my responsibilities at the organization involve handling syndicate and custom reports as well as responding to client inquiries, and organize, co-ordinate with a group of 5 to 6 persons to manage all workflows.
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
