GLOBAL FLAT GLASS MARKET TO BE WORTH $77.74BN IN 2013

Wednesday 6 November 2013, London

New analysis on ASDReports.com indicates that the global flat glass market will reach a value of $77.74bn in 2013, as the demand for value-added glass in the building and construction, and automotive industry rise; new technological developments which have increased the functionality of glass have created new and increasing applications of flat glass, thus, driving the market.

Growth in the global flat glass market will also be driven by growth in the emerging markets. The emerging markets will be characterised by population growth, a rising middle class and disposable incomes, foreign direct investment, and an immature emerging market that will increase the quality and quantity of flat glass production. The competitive advantages within these regions will also incentivise multinationals to expand the scale of their operations in these markets.

The author of The Flat Glass Market 2013-2023: Opportunities in Construction, Automotive & Solar Energy report commented that ‘Flat glass is poised to outpace GDP growth. Flat glass plays a unique role in reducing greenhouse gas emissions, in mitigating the effects of climate change, as well as energy conservation through high-performance architectural glass products.  Volume growth in the automotive industry will be driven by; aesthetics, increased complexity and functionality.  Additionally, the rising significance of glass in the solar energy market for renewable energy, and other markets such as; electronics, telecommunications, optical, healthcare and aerospace, will continue to produce opportunities for glass consumption.‘

The 171 page report contains 127 tables, charts and graphs that add visual analysis in order to explain developing trends within the flat glass market. This research provides forecasts for the global flat glass market over 2013-2023. 3 submarkets are analysed and forecasted; these include building and construction, automotive, and other speciality applications.  In addition, 8 leading regional markets are forecasted and analysed over the period 2013-2023. The rest of the world which includes insights into the growing Indian, and Middle East and North African flat glass markets is also analysed. The analysis and forecasting has been informed by consultation with industry experts and an exclusive interview from Asahi India Glass Limited (AIS) is included within the report. The report also provides profiles of 18 leading companies operating within the market.

The Flat Glass Market 2013-2023: Opportunities in Construction, Automotive & Solar Energy report will be of value to current and future potential investors into the flat glass industry, as well as companies and research centres who wish to broaden their knowledge of the flat glass market.