FLAT GLASS MARKET ANALYSIS

The volatility in raw material prices has emerged as a major challenge restricting the growth of the global flat glass market. Flat glass requires significant amounts of raw materials like sand, soda ash and limestone during its manufacturing process. However, the prices of these key raw materials have witnessed significant fluctuation over the past few years.

Market Opportunities: Technological advancements in flat glass production

Technological advancements have provided a great opportunity for growth in the global flat glass market. Production of flat glass has significantly benefitted from incorporating Industry 4.0 technologies like automation, artificial intelligence, and internet of things. These innovations are driving increased productivity, better quality control, and reduced manufacturing costs for producers. For example, autoclaving and bending processes that have traditionally required labor-intensive work are now being automated through robotics. Machines can handle glass more precisely and safely as compared to human workers, reducing breakage and defects. Integration of sensors and advanced process controls also allows for real-time monitoring of manufacturing variables to optimize energy usage, maximize yields, and ensure consistency in product specifications. Some plants have even implemented predictive maintenance techniques using AI and big data analysis to anticipate equipment issues before downtime occurs.