GLASS MANUFACTURING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global glass manufacturing market is estimated to be valued at USD 123.57 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031. Glass is widely used across many industries such as construction, automotive, consumer goods, and others. It has desirable properties such as durability, transparency and versatility, which has increased its applications. Traditional glass products such as window panes, bottles and containers still dominate the market. Growing demand for specialized glass like solar control low-e glass for buildings and ultra-thin glass for consumer electronics can also drive the market growth. New production technologies are also being developed to make glass production more energy efficient and cost effective. The versatility of glass along with increased investments in infrastructure and manufacturing technologies can drive the glass manufacturing market growth.

 Market Dynamics:

Global glass manufacturing market growth is driven by growing construction activities across both commercial and residential sectors. There has been huge demand for floated, insulating and other types of glass for windows, doors and curtain walls in buildings. There has been strong demand for glass from the automotive industry, where glass is a key component in vehicle weight reduction efforts. However, strict environmental regulations around carbon emissions and waste disposal can hamper the market growth. Rising energy costs can also pose challenge for glass manufacturers. The development of specialty glasses for applications like flexible displays and foldable phones can provide new growth opportunities.

Key Features of the Study:

• This report provides in-depth analysis of the global glass manufacturing market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global glass manufacturing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include AGC Inc., Fuyao Glass Industry Group Co. Ltd., Guardian Industries, American Insulated Glass, Saint-Gobain, O-I Glass Inc., AGI glaspac, Nihon Yamaura Glass Co., Ltd., Vitro, 3B- the fiberglass company, Gardner Glass Products Inc., Woodland Windows & Doors, Chicagotemperedglass.com, Manko Window Systems, Insulite Glass CO., Lawrence Glass and Mirror, JIT Companies, Northwestern Glass Fab, Viracon, St. Cloud Window
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global glass manufacturing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global glass manufacturing market

Detailed Segmentation-

• By Product Type:
• • Flat Glass
  • Container Glass
  • Fiber Glass
  • Others
• By Application:
• • Packaging
  • Construction
  • Transportation
  • Electrical & Electronics
  • Others
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • AGC Inc.
  • Fuyao Glass Industry Group Co. Ltd.
  • Guardian Industries
  • American Insulated Glass
  • Saint-Gobain
  • O-I Glass Inc.
  • AGI glaspac
  • Nihon Yamaura Glass Co., Ltd.
  • Vitro
  • 3B- the fiberglass company
  • Gardner Glass Products Inc.
  • Woodland Windows & Doors
  • Chicagotemperedglass.com
  • Manko Window Systems
  • Insulite Glass CO.
  • Lawrence Glass and Mirror
  • JIT Companies
  • Northwestern Glass Fab
  • Viracon 
  • St. Cloud Window