Construction Glass Market 2027

Page 1

2016 – 2026

GLOBAL CONSTRUCTION GLASS MARKET FORECAST AND OPPORTUNITIES

Published: November 2021 www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING


Table of Contents S. No.

Contents

1.

Product Overview

2.

Research Methodology

3.

Impact of COVID-19 on Global Construction Glass Market

4.

Executive Summary

5.

Voice of Customer 5.1.

Brand Awareness

5.2.

Construction Glass Selection Criteria

5.3.

Satisfaction Level

5.4.

Challenges/Unmet Needs

6.

Global Construction Glass Market Landscape

7.

Global Construction Glass Market Outlook 7.1.

Market Size & Forecast 7.1.1.

7.2.

7.3. Infrastructure

By Value & Volume

Market Share & Forecast 7.2.1.

By Product Type (Special Glass and Low-Emissivity Glass)

7.2.2.

By Application (Commercial and Residential)

7.2.3.

By Manufacturing Process (Float Glass Process and Rolled/Sheet Process)

7.2.4.

By Chemical Composition (Soda-Lime, Potash-Lead and Potash-Lime)

7.2.5

By Region

7.2.6.

By Company (2020)

Market Map © TechSci Research

22


Table of Contents S. No. 8.

Contents Asia-Pacific Construction Glass Market Outlook 8.1.

Market Size & Forecast 8.1.1.

8.2.

By Value & Volume

Market Share & Forecast 8.2.1.

By Product Type

8.2.2.

By Application

8.2.3.

By Manufacturing Process

8.2.4.

By Chemical Composition

8.2.5.

By Country

8.3.

Market Map

8.4.

Asia-Pacific: Country Analysis 8.4.1.

China Construction Glass Market Outlook 8.4.1.1.

Market Size & Forecast 8.4.1.1.1.

8.4.1.2.

8.4.2.

Market Share & Forecast 8.4.1.2.1.

By Product Type

8.4.1.2.2.

By Application

Japan Construction Glass Market Outlook 8.4.2.1.

Market Size & Forecast 8.4.2.1.1.

8.4.2.2.

Infrastructure

By Value

By Value

Market Share & Forecast 8.4.2.2.1.

By Product Type

8.4.2.2.2.

By Application © TechSci Research

33


Table of Contents S. No.

Contents 8.4.3.

India Construction Glass Market Outlook 8.4.3.1.

Market Size & Forecast 8.4.3.1.1.

8.4.3.2.

8.4.4.

Market Share & Forecast 8.4.3.2.1.

By Product Type

8.4.3.2.2.

By Application

South Korea Construction Glass Market Outlook 8.4.4.1.

Market Size & Forecast 8.4.4.1.1.

8.4.4.2.

8.4.5.

By Value

Market Share & Forecast 8.4.4.2.1.

By Product Type

8.4.4.2.2.

By Application

Australia Construction Glass Market Outlook 8.4.5.1.

Market Size & Forecast 8.4.5.1.1.

8.4.5.2.

Infrastructure

By Value

By Value

Market Share & Forecast 8.4.5.2.1.

By Product Type

8.4.5.2.2.

By Application © TechSci Research

44


Table of Contents S. No. 9.

Contents Europe Construction Glass Market Outlook 9.1.

Market Size & Forecast 9.1.1.

9.2.

By Value & Volume

Market Share & Forecast 9.2.1.

By Product Type

9.2.2.

By Application

9.2.3.

By Manufacturing Process

9.2.4.

By Chemical Composition

9.2.5.

By Country

9.3.

Market Map

9.4.

Europe: Country Analysis 9.4.1.

Germany Construction Glass Market Outlook

9.4.1.1.

Market Size & Forecast 9.4.1.1.1.

9.4.1.2.

9.4.2.

Market Share & Forecast 9.4.1.2.1.

By Product Type

9.4.1.2.2.

By Application

United Kingdom Construction Glass Market Outlook 9.4.2.1.

Market Size & Forecast 9.4.2.1.1.

9.4.2.2.

Infrastructure

By Value

By Value

Market Share & Forecast 9.4.2.2.1.

By Product Type

9.4.2.2.2.

By Application © TechSci Research

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Table of Contents S. No.

Contents 9.4.3.

France Construction Glass Market Outlook 9.4.3.1.

Market Size & Forecast 9.4.3.1.1.

9.4.3.2.

9.4.4.

Market Share & Forecast 9.4.3.2.1.

By Product Type

9.4.3.2.2.

By Application

Italy Construction Glass Market Outlook 9.4.4.1.

Market Size & Forecast 9.4.4.1.1.

9.4.4.2.

9.4.5.

By Value

Market Share & Forecast 9.4.4.2.1.

By Product Type

9.4.4.2.2.

By Application

Spain Construction Glass Market Outlook 9.4.5.1.

Market Size & Forecast 9.4.5.1.1.

9.4.5.2.

Infrastructure

By Value

By Value

Market Share & Forecast 9.4.5.2.1.

By Product Type

9.4.5.2.2.

By Application © TechSci Research

66


Table of Contents S. No. 10.

Contents North America Construction Glass Market Outlook 10.1.

Market Size & Forecast 10.1.1.

10.2.

By Value & Volume

Market Share & Forecast 10.2.1.

By Product Type

10.2.2.

By Application

10.2.3.

By Manufacturing Process

10.2.4.

By Chemical Composition

10.2.5.

By Country

10.3.

Market Map

10.4.

North America: Country Analysis 10.4.1.

United States Construction Glass Market Outlook

10.4.1.1.

Market Size & Forecast 10.4.1.1.1.

10.4.1.2.

10.4.2.

Market Share & Forecast 10.4.1.2.1.

By Product Type

10.4.1.2.2.

By Application

Canada Construction Glass Market Outlook 10.4.2.1.

Market Size & Forecast 10.4.2.1.1.

10.4.2.2.

Infrastructure

By Value

By Value

Market Share & Forecast 10.4.2.2.1.

By Product Type

10.4.2.2.2.

By Application © TechSci Research

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Table of Contents S. No.

Contents 10.4.3.

Mexico Construction Glass Market Outlook 10.4.3.1.

Market Size & Forecast 10.4.3.1.1.

10.4.3.2.

11.

By Value

Market Share & Forecast 10.4.3.2.1.

By Product Type

10.4.3.2.2.

By Application

Middle East & Africa Construction Glass Market Outlook 11.1.

Market Size & Forecast 11.1.1. By Value & Volume

11.2.

Market Share & Forecast 11.2.1. By Product Type 11.2.2. By Application 11.2.3. By Manufacturing Process 11.2.4. By Chemical Composition 11.2.5. By Country

11.3.

Market Map

11.4.

Middle East & Africa: Country Analysis 11.4.1.

Saudi Arabia Construction Glass Market Outlook

11.4.1.1.

Market Size & Forecast 11.4.1.1.1.

Infrastructure

By Value © TechSci Research

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Table of Contents S. No.

Contents 11.4.1.2.

11.4.2.

Market Share & Forecast 11.4.1.2.1.

By Product Type

11.4.1.2.2.

By Application

UAE Construction Glass Market Outlook 11.4.2.1.

Market Size & Forecast

11.4.2.1.1. 11.4.2.2.

11.4.3.

Market Share & Forecast 11.4.2.2.1.

By Product Type

11.4.2.2.2.

By Application

South Africa Construction Glass Market Outlook 11.4.3.1.

Market Size & Forecast 11.4.3.1.1.

11.4.3.2.

11.4.4.

By Value

Market Share & Forecast 11.4.3.2.1.

By Product Type

11.4.3.2.2.

By Application

Qatar Construction Glass Market Outlook 11.4.4.1.

Market Size & Forecast 11.4.4.1.1.

11.4.4.2.

Infrastructure

By Value

By Value

Market Share & Forecast 11.4.4.2.1.

By Product Type

11.4.4.2.2.

By Application © TechSci Research

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Table of Contents S. No. 12.

Contents South America Construction Glass Market Outlook 12.1.

Market Size & Forecast 12.1.1.

12.2.

By Value & Volume

Market Share & Forecast 12.2.1.

By Product Type

12.2.2.

By Application

12.2.3.

By Manufacturing Process

12.2.4.

By Chemical Composition

12.2.5.

By Country

12.3.

Market Map

12.4.

South America: Country Analysis 12.4.1.

Brazil Construction Glass Market Outlook

12.4.1.1.

Market Size & Forecast 12.4.1.1.1.

12.4.1.2.

12.4.2.

Market Share & Forecast 12.4.1.2.1.

By Product Type

12.4.1.2.2.

By Application

Argentina Construction Glass Market Outlook 12.4.2.1.

Market Size & Forecast 12.4.2.1.1.

12.4.2.2.

Infrastructure

By Value

By Value

Market Share & Forecast 12.4.2.2.1.

By Product Type

12.4.2.2.2.

By Application © TechSci Research

1010


Table of Contents S. No.

Contents 12.4.3.

Colombia Construction Glass Market Outlook 12.4.3.1.

Market Size & Forecast 12.4.3.1.1.

12.4.3.2.

13.

Market Share & Forecast 12.4.3.2.1.

By Product Type

12.4.3.2.2.

By Application

Market Dynamics 13.1.

Drivers

13.2.

Challenges

14.

Market Trends and Developments

15.

Pricing Analysis

16.

Company Profiles 16.1.

AGC Inc.

16.2.

Central Glass Co. Ltd.

16.3.

China Glass Holdings Limited

16.4.

Guardian Glass

16.5.

Nippon Sheet Glass Co. Ltd

16.6.

Schott AG

16.7.

Xinyi Glass Holdings Limited

16.8.

FUSO Glass India Private Limited

16.9.

Saint-Gobain Building Glass

16.10

Vitro, S.A.B de C.V

16.11.

Şişecam Group

17.

Strategic Recommendations

18.

About Us & Disclaimer

Infrastructure

By Value

© TechSci Research

1111


PRODUCT OVERVIEW


Scope of Report Product of Interest (POI): Construction Glass

Construction glass is a transparent, hard material that is used as a building material and can be easily molded into desired shapes. It can be blown, drawn and pressed to any shape and is thus used for general glazing purposes in buildings, shop fronts, building doors, windows and workshops. Construction glass is also used for internal partitions and as an architectural feature.

Market Segmentation CHEMICAL COMPOSITION

Special Glass

Soda-Lime

Low-Emissivity Glass

Potash-Lead

Review Period

Potash-Lime

2016 – 2019

APPLICATION

Infrastructure

Year Range

PRODUCT TYPE

Commercial

Residential

Base Year REGION •

North America

MANUFACTURING PROCESS

South America

Float Glass Process

Europe

Rolled/Sheet Process

Asia-Pacific

Middle East & Africa

2020 Estimated Year

2021 Forecast Period

2022 – 2026

© TechSci Research

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RESEARCH METHODOLOGY


Research Methodology

Market Profiling

In-depth secondary research was conducted to determine top players in the global construction glass market, overall market size and segmental market size.

Formulating Questionnaire

In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide.

Developing List of Respondents

Data Collection

Data Validation

Data obtained as a result of primary and secondary research was validated through rigorous triangulation.

TechSci conducted interviews with industry experts and industry players for data collection and verification.

List of industry players and industry specialists was developed.

Primary Research

Data Collection

Data Filter & Analysis

Research & Intelligence

Actionable Insights

Business Solution

LinkedIn TechSci Internal Database

Secondary Research ✓ ✓ ✓ ✓ ✓ ✓ ✓

Infrastructure

✓ Recent Developments ✓ Market Changing Aspects/Dynamics ✓ Government Policies ✓ Conclusion

✓ Identifying Key Opinion Leaders ✓ Questionnaire Design ✓ In-depth Interviews

Primary Research ✓ ✓

Desk Research

Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc.

Data Analysis

The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the global construction glass market.

Company Analysis ✓ Market Participants ✓ Key Strengths

Paid Sources

✓ ✓

Factiva Hoovers

© TechSci Research

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Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global construction glass market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as growing construction activities, investments in residential and commercial buildings, etc. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global construction glass market. Methodology Followed for Calculation of Market Size: •

Market Size by Value and Volume: Market size, in terms of value and volume, for the year 2020 was calculated based on information

collected

through

exhaustive

secondary

research

and

primary

surveys,

with

various

key

opinion

leaders/stakeholders, such as construction glass companies, channel partners, market influencers & end-users, industry experts

and other industry participants. •

The team interviewed more than 15 – 20 construction glass companies, 100 – 120 end-users and 15 – 20 industry experts and other value chain stakeholders in the global construction glass market to obtain the overall market size between 2016 and 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during the historical period.

Respondents were asked about the current and future market growth rates, market shares by product type, by application, by manufacturing process, by chemical composition, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated based on the response received from other stakeholders.

Infrastructure

© TechSci Research

1616


Research Methodology Methodology Followed for Calculation of Market Shares: •

Market share by product type, by application, by manufacturing process, by chemical composition, by company and by region were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of global construction glass market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting: •

TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.

Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global construction glass market, TechSci Research used various forecast techniques such as: ✓

Moving Average

Time Series Analysis

Regression Analysis

Econometric and Judgmental Analysis

Infrastructure

© TechSci Research

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Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD billion.

Partial List of Companies Interviewed

Infrastructure

Key Secondary Sources

AGC Inc.

▪ World Bank

Central Glass Co., Ltd.

▪ TechSci Research Proprietary Database & Knowledge

China Glass Holdings Limited

Guardian Glass

▪ Company Annual Reports

Nippon Sheet Glass Co., Ltd.

▪ Industry Magazines

Schott AG

▪ Industry Reports

Saint-Gobain Building Glass

▪ News Dailies

Şişecam Group

▪ Credible Paid Databases

Xinyi Glass Holdings Limited

FUSO Glass India Private Limited

Vitro, S.A.B de C.V

Repository

© TechSci Research

1818


Industry Brief Increasing need for energy-efficient temperature management and increasing demand for low cost raw materials to drive the growth of Global Construction Glass Market in the forecast period, 2022-2026. According to TechSci Research report, “Construction Glass Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026”, The global construction glass market is anticipated to grow at CAGR of over 4%, in volume terms, during the forecast period to reach 148.52 million tonnes by 2026. Surging demand for durable and low-cost raw material is elevating the demand for construction glass through 2026. Increasing construction activities to accommodate growing population and properties of glass, such as excellent insulation, high strength, soundproof, fire-resistance, make it a perfect choice for construction material, thereby, driving the growth of the market through 2026. The use of construction glass allows for more natural light to enter the building. This glass feature is exploited in advanced glazing systems to reduce the requirement for heating and cooling in buildings, lowering energy consumption and CO2 emissions as a result. Furthermore, technological improvements such as solar control glass, self-cleaning glass, sound-reducing glass and insulated glazing glass have raised the demand for construction glass products in residential and non-residential buildings. Rapid increase in construction of commercial structures and residential buildings due to rise in urban population is anticipated to boost the demand for construction glass market globally. Additionally, several private construction companies and governments’ thrust across the world to develop residential and commercial infrastructure in their respective countries is expected to aid the construction glass market in the next few years. The global construction glass market is segmented on the basis of product type, application, manufacturing process, chemical composition, and regional distribution. Based on product type, the market can be segregated into special glass and low emissivity glass. Based on product type, special glass dominates the market with a share of 65.08% in the year 2020, owing to increased adoption of flat glass in residential and commercial buildings due to its various properties such as natural insulation and protection from UV rays & noise pollution. Some of the market players, operating in the global construction glass market include: AGC Inc., Central Glass Co., Ltd., China Glass Holdings Limited, Guardian Glass, Nippon Sheet Glass Co., Ltd, Schott AG, Xinyi Glass Holdings Limited, FUSO, Saint-Gobain Building Glass, Vitro, S.A.B de C.V, Şişecam Market players in the construction glass market are focusing on product innovation to increase their share in the market. For instance, AIS started manufacturing of float glass and a range of high performance as well as value added glasses for interior and exterior applications to provide energy efficiency and aesthetics solution. Another category of glass, Polytronix glass is gaining prominence as it offers privacy and eliminates the requirement of blinds or curtains. Polytronix glass is created by sandwiching liquid crystal layer between two polyethylene terephthalate (PET) conductive films. Additionally, growing demand for sustainable and green construction is propelling growth of construction glass as it 100% recyclable. “Asia-Pacific is the dominating as well as the fastest growing construction glass region in the world, accounting for 42.25% market share in the year 2020. This can be attributed to the growing number of residential and commercial buildings, backed by broadening base of consumers and surging per capita income in the region. Asia-Pacific construction glass market is forecast to grow at a CAGR of 6.98% in the next five years. China is one of the largest markets for construction glass in the region, accounting for 47.56% market share in 2020. In 2020, the Chinese Communist Party instructed the administration of cities including Beijing, Shanghai, and Shenzhen to build more public rental flats for young people by 2025.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 1919 © TechSci Research Infrastructure


Sample Data - Snapshot Global Construction Glass Market Size, By Value (USD Billion), By Volume (Million Tonnes), 2016-2026F CAGR 2016-2020 By Value: xx% By Volume: xx%

2016

2017

2018

CAGR 2021E-2026F By Value: xx% By Volume: xx%

2019

2020

2021E

Value (USD Billion)

2022F

2023F

2024F

2025F

2026F

Volume (Million Tonnes)

Asia-Pacific Construction Glass Market Share, By Product Type, By Value, 2016-2026F

2016

2017

2018

2019

2020

2021E

2022F

2023F

2024F

2025F

2026F

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

Low Emissivity Glass 60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

Special Glass

China Construction Glass Market Share, By Application, By Value, 2016-2026F

2016

2017

2018

2019

2020

2021E

2022F

2023F

2024F

2025F

2026F

Commercial 40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

40.00%

Residential

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

60.00%

Infrastructure

60.00%

© TechSci Research

2020


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About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The

proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.

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Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.


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