Construction Glass Market – Global Industry Analysis, Size, Share, Trends and Forecast 2016 – 2023
Construction glass is one of the most widely used construction materials owing to its broad spectrum of properties. Construction glass is typically translucent glazing material used for external walls and windows. Growth in the construction industry across the globe is anticipated to propel the market for construction glass in the next few years. Construction glass offers numerous physical and chemical properties. For instance, it is electric resistant, chemical resistant, flexible in molding, and remains unaffected to changes in climatic conditions. This makes it the most viable option as a building material in construction businesses. Furthermore, advancement in technologies has made it possible to make construction glass lighter than cork and stronger than steel. Besides, the economical aspect of glass also makes construction glass a better option vis-à-vis conventional building materials.
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Glass is a lucrative alternative to most universal building materials such as brick, polycarbonate, and wood. Glass increases the influx of natural light in the building. This is the biggest advantage of using glass as a building material. Furthermore, other key factors such as security, safety, and environmental sustainability are expected to drive the market for construction glass in the construction industry. In addition to residential applications, architects are increasingly using natural environmental factors in the interior of buildings by maximizing natural daylight for commercial buildings. This can be primarily accomplished using larger glazed areas in roofs and facades, wherein glass can be used as the main structural component of the building. Construction glass can be typically classified into flat glass and special glass. Flat glass is characteristically flat rolled glass sheets used in construction and automotive applications. Flat glass when thermally treated increases rigidity of these glasses making them more strong and resistant to breakage. These flat glasses are generally used in exteriors of commercial complexes. Special glasses are usually manufactured for specific applications using multiple layers of the glass made from various materials. These glasses offer sun protection, temperature control, reduced reflection, and low heat emissivity. These glasses can also offer self-cleaning properties. These exquisite properties of construction glass are expected to increase the usage of construction glass in the construction industry.
Global demand for construction glass is projected to rise significantly during the forecast period due to ever-increasing demand for better and economical raw materials from the construction industry. The global market for construction glass is anticipated to be dominated by Asia Pacific owing to the substantial expansion in the construction industry in the region. Developing countries such as India, Thailand, Malaysia, and Singapore are likely to be the forerunners in terms of usage of construction glass. Furthermore, the outlook for construction glass in North America and Europe is estimated to be positive during the forecast period. Enhanced properties of construction glass such as temperature control and sun protection are projected to provide major breakthrough for construction glass in the global construction market. In a nutshell, the positive aesthetic outlook for residential and commercial constructions coupled with enhanced manufacturing technologies endowing superior properties of conventional glass beyond the merely decorative, to functional and even structural roles is likely to boost the demand for construction glass in the next few years.
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Some of the key players operating in the construction glass market include S.A. BENDHEIM, LTD., AGC Glass Company North America, Inc., SCHOTT AG, Central Glass Co. Ltd., PPG Industries, Inc., Saint-Gobain S.A., Nippon Sheet Glass Co., Ltd., JE Berkowitz, LP, AGNORA, and Guardian Industries.
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