Home > Construction > Construction Materials > Windows and Doors > Architectural Flat Glass Market
Architectural Flat Glass Market Analysis
- Report ID: GMI5423
- Published Date: Jan 2023
- Report Format: PDF
Architectural Flat Glass Market Analysis
Regarding the product, the architectural flat glass market size from the tempered tile segment accounted for USD 29 billion in 2022. A noticeable decline in the uptake of tempered glass products, such as building window glasses, automotive glasses, etc., during the pandemic owing to halted operations across the automotive and construction industries impacted segment growth. Similarly, the increasing product usage in architectural glass doors & tables, aquariums, mobile phone screen protectors, vehicle windows, and shower doors, etc., credited to its exceptional hardness, versatility, and optical distortion, will enhance tempered flat glass market performance.
The wholesalers segment of the architectural flat glass market crossed USD 53 billion in 2022. The availability of a varied range of products in bulk and at a reasonable price is one of the key factors aiding the proliferation of wholesalers as a lucrative revenue pocket. A wholesaler is a supply company that serves as a go-between for manufacturers and sellers. The increased utilization of wholesale channels by leading flat glass manufacturers when entering markets with a high payment risk and expanding into new target areas will further aid segment growth.
The interior construction application segment of the architectural flat glass market is anticipated to witness around 5.5% growth rate between 2023 and 2032, on account of the remarkable surge in infrastructure development projects. Flat glass finds major applications in the interiors of residential or commercial buildings, including windows, glass stairs, floors, walkways, and doors owing to its ability to protect the establishment from external elements such as heat and dust. Due to its compatibility with smart & electrochromic glass applications, it is used in constructing smart cabins & boardrooms, further propelling product demand.
In terms of end-user, the non-residential segment will record more than 6.5% gains through 2032, led by the extensive usage of flat glass in a number of non-residential construction applications, including offices, industrial, and healthcare. Flat glass boasts superior strength and durability and is highly sustainable and cost-effective, making it a preferred construction material for non-residential spaces. Thus, the rising demand for contemporary office space and the expanding non-residential building sector will boost market expansion.
Download Free Sample
Asia Pacific architectural flat glass market is estimated to grow at nearly 6% CAGR from 2023 to 2032. The construction of commercial infrastructure, including offices, schools, hotels, restaurants, and recreational facilities, backed by strong economic growth, will support regional expansion. Additionally, the implementation of a number of beneficial government policies and investments to improve housing infrastructure and provide housing for the most disadvantaged groups will drive regional business outlook.
Frequently Asked Questions (FAQ) :
Architectural Flat Glass Market Scope
