PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1226443
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1226443
Global Construction Glass Market is valued approximately at USD 113.73 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.1 % over the forecast period 2022-2029. A construction glass is a translucent glazing material which is used for windows and external walls. Construction glass possesses several chemical and physical properties such as flexible molding, electric resistance, chemical resistance and weather resistant. Owing to these properties, it is the most ideal option as a building material in construction industry. Growth in construction industry along with technological advancements in glass industry are the major factors responsible for high CAGR of the market over the forecast period.
For instance, According to Oxford Economics estimates - in 2020, Global construction output was estimated at USD 10.7 trillion and it is projected to grow by 42% or USD 4.5 trillion between 2020 and 2030 to reach USD 15.2 trillion. Additionally, Asia Pacific would account for USD 2.5 trillion of growth in construction output between 2020 and 2030, to reach USD 7.4 trillion market by 2030. Moreover, increasing demand for green buildings aided with rising investments in infrastructural projects worldwide would create lucrative growth opportunities for the market over the forecast period. However, regulations for carbon dioxide emissions and volatile prices of raw materials are few factors anticipated to limit the growth of global Construction Glass market during the forecast period.
The regional analysis of global Construction Glass market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is estimated as the dominant region in terms of revenue and market share owing to increasing construction sector along with rising disposable income of the individuals in the region. However, Asia-Pacific is also expected to exhibit a high growth rate over the forecast period of 2022-2029 owing to rapid industrialization and developments in the building construction industry across the region.
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:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable