Overview of the Global Glass Manufacturing Market to 2028

DUBLIN, 22 December 2021 / PRNewswire / – The “Global Glass Manufacturing Market Size, Share and Trend Analysis Report by Product (Packaging Glass, Flat Glass, Fiberglass), Application (Packaging, Construction, transportation), Region and Segment Forecast, 2021-2028 ”the report was added to ResearchAndMarkets.com offer.

The global glass manufacturing market size is expected to reach $ 180.2 billion by 2028, according to the report. It is expected to increase at a CAGR of 3.7% from 2021 to 2028.

The growth of the packaging industry, along with the increasing demand for HUD glass from the automotive industry, is expected to drive the market growth in the coming years.

Glass making involves various raw materials such as silica sand, limestone, sodium carbonate and clarifying agents. The process involves various steps including smelting and refining, flotation bath, coating, annealing, inspection, and then cutting. The product has several advantages over using plastic as they are non-reactive making it suitable for chemicals and other reactive products.

The packaging industry is expected to grow during the forecast period as it is the major consumer of this product segment. In addition, the increasing popularity of glass bottles, especially in the beverage section, is expected to promote the growth of the glass manufacturing industry during the forecast period. Manufacturers of food and beverage, pharmaceuticals, and cosmetics are heavily dependent on corporations to provide glass-based packaging solutions due to the greater tilt of consumer masses.

Asia Pacific is expected to register the fastest growth rate during the forecast period. The region is expected to see increased investment and the construction of new glass manufacturing plants. For example, in May 2021, during a meeting with government officials, Saint Gobain proposed an investment plan $ 147 million in its Bhiwadi glass factory in Rajasthan, India. Thus, new investments related to manufacturing should accelerate the growth of the Asia Pacific Region.

The main players in the industry are expanding their product offering, which in turn allows them to establish a solid position in the competitive market in terms of the strategic positioning of R&D centers, significant adoption of development strategies, technological advances and diversity of the product portfolio. These companies compete on the basis of technology and innovation and product development to meet emerging applications.

Highlights of the Glass Manufacturing Market Report

  • On the basis of the product, the fiberglass segment is expected to register the highest CAGR of 4.2% in terms of revenue during the forecast period due to the heavy use of fiberglass in the construction industry.
  • On the basis of applications, the packaging segment held the largest share of revenue in 2020 and is expected to maintain its lead during the forecast period. This can be attributed to the strong preference for the products for packaging solutions due to their recyclability.
  • Asia Pacific held the largest revenue share of over 45.0% in 2020 due to increased investment in developing economies regarding capacity expansions, especially in the glass industry
  • In North America, the United States accounted for a revenue share of over 73.0% in 2020. The increase in construction spending, coupled with the production of electric vehicles in the country, is expected to prove fruitful for the market growth in the United States. over the next few years.

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive summary

Chapter 3. Variables, Trends and Scope of Glass Manufacturing Market
3.1. Market outlook
3.2. Mapping of penetration and growth prospects
3.3. Industry value chain analysis
3.3.1. Commodity outlook
3.3.2. Manufacturing outlook
3.4. Market dynamics
3.4.1. Market Driver Analysis
3.4.2. Analysis of market restrictions
3.4.3. Analysis of market challenges
3.5. Regulatory framework
3.6. Corporate environmental analysis
3.6.1. Porter’s analysis
3.6.2. PESTEL analysis

Chapter 4. Glass Manufacturing Market: Estimates and Forecast of Product Outlook
4.1. Definition and scope
4.2. Glass Manufacturing Market: Analysis of Product Movement, 2020 and 2028
4.3. Container glass
4.3.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
4.4. Flat glass
4.4.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
4.5. Fiberglass
4.5.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
4.6. Others
4.6.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)

Chapter 5. Glass Manufacturing Market: Application Outlook Estimates and Forecast
5.1. Definition and scope
5.2. Glass Manufacturing Market: Application Movement Analysis, 2020 and 2028
5.3. Packaging
5.3.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
5.4. Construction
5.4.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
5.5. Transport
5.5.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
5.6. Electricity and electronics
5.6.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
5.7. Telecommunication
5.7.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)
5.8. Others
5.8.1. Market Estimates & Forecasts, 2017 – 2028 (USD Million) (Kilotons)

Chapter 6. Regional Outlook Outlook and Estimates of the Glass Manufacturing Market

Chapter 7. Competitive analysis
7.1. Competitive scenario
7.2. Categorization of companies (key innovators, market leaders, emerging players)
7.3. Supplier landscape
7.3.1. List of raw material suppliers, distributors and other important manufacturers
7.3.2. List of potential clients

Chapter 8. Company Profiles
8.1. AGC inc.
8.1.1. Company presentation
8.1.2. Financial performance
8.1.3. Comparative analysis of products
8.1.4. Strategic initiatives
8.2. Central Glass Co. Ltd.
8.2.1. Company presentation
8.2.2. Financial performance
8.2.3. Comparative analysis of products
8.2.4. Strategic initiatives
8.3. Saint Gobain
8.3.1. Company presentation
8.3.2. Comparative analysis of products
8.3.3. Strategic initiatives
8.4. Fuyao Glass Industry Group Co., Ltd.
8.4.1. Company presentation
8.4.2. Financial performance
8.4.3. Comparative analysis of products
8.4.4. Strategic initiatives
8.5. Guardian industries
8.5.1. Company presentation
8.5.2. Financial performance
8.5.3. Comparative analysis of products
8.5.4. Strategic initiatives
8.6. Nippon Sheet Glass Co., Ltd
8.6.1. Company presentation
8.6.2. Financial performance
8.6.3. Comparative analysis of products
8.6.4. Strategic initiatives
8.7. Owens Illinois Inc
8.7.1. Company presentation
8.7.2. Financial performance
8.7.3. Comparative analysis of products
8.7.4. Strategic initiatives
8.8. Koa glass
8.8.1. Company presentation
8.8.2. Financial performance
8.8.3. Comparative analysis of products
8.8.4. Strategic initiatives
8.9. Heinz Glass
8.9.1. Company presentation
8.9.2. Financial performance
8.9.3. Comparative analysis of products
8.9.4. Strategic initiatives
8.10. Amcor
8.10.1. Company presentation
8.10.2. Financial performance
8.10.3. Comparative analysis of products
8.10.4. Strategic initiatives
8.11. Nihon yamamura
8.11.1. Company presentation
8.11.2. Financial performance
8.11.3. Comparative analysis of products
8.11.4. Strategic initiatives
8.12. Vitro, SAB DE CV
8.12.1. Company presentation
8.12.2. Financial performance
8.12.3. Comparative analysis of products
8.12.4. Strategic initiatives
8.13. 3B – the fiberglass company
8.13.1. Company presentation
8.13.2. Financial performance
8.13.3. Comparative analysis of products
8.13.4. Strategic initiatives
8.14. Xinyi Glass Holdings Co., Ltd.
8.14.1. Company presentation
8.14.2. Financial performance
8.14.3. Comparative analysis of products
8.14.4. Strategic initiatives
8.15. Sisecam Group
8.15.1. Company presentation
8.15.2. Financial performance
8.15.3. Comparative analysis of products
8.15.4. Strategic initiatives

For more information on this report visit https://www.researchandmarkets.com/r/bp373p

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