Market Research Report
Global Glass Manufacturing Market Size study, by Product (Container Glass, Flat Glass, Fiber Glass, Others), By Application (Packaging, Construction, Transportation, Electrical & Electronics, Telecommunication, Others), & Regional Forecasts 2021-2027
|Global Glass Manufacturing Market Size study, by Product (Container Glass, Flat Glass, Fiber Glass, Others), By Application (Packaging, Construction, Transportation, Electrical & Electronics, Telecommunication, Others), & Regional Forecasts 2021-2027|
Published: January 10, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Glass Manufacturing Market is valued at approximately USD 120.3 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.7 % over the forecast period 2021-2027. Glass Manufacturing includes container glass, flat glass, and fiber glass. It is used in packaging, construction and transportation. The increasing usage of recycled products has led to the adoption of Glass Manufacturing across the forecast period. For Instance: according to the UN Environment Programme in 2020, increasing material efficiency and usage of electronic appliances is the major threat to the environment by causing greenhouse effect and ozone layer depletion. Globally various programs and schemes are implemented to minimize the usage of such products by enhancing the adoption of recycled and sustainable materials. In G7 it is estimated that material efficiency strategies that include the use of recycled materials would reduce greenhouse emission by 80 to 100 percent by 2050. Shifting consumers' paradigm towards sustainable products enhances the market growth of glass manufacturing. Also, with the stringent government laws towards eco-friendly products., the adoption & demand for Glass Manufacturing is likely to increase the market growth during the forecast period. However, threat of substitutes impedes the growth of the market over the forecast period of 2021-2027.
The geographical regions considered for the global Glass Manufacturing market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is deemed as the significant region across the globe in terms of huge market share due to the presence of skilled labor at low cost and increasing awareness towards the usage of recycled products. Whereas, North America is also estimated to attain a maximum growth rate during 2021-2027. Factors such as prohibition towards plastic usage, increasing demand for smart glasses would create beneficial growth forecasts for the Glass Manufacturing market across North America region.
Major market players included in this report are:
Central Glass Co. Ltd.
Fuyao Glass Industry Group Co., Ltd.
Nippon Sheet Glass Co., Ltd
Owens Illinois Inc
3B - the fiberglass company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Electrical & Electronics
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Glass Manufacturing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures