Market Research Report
Asia Pacific Advanced Glass Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||950342|
|Published||Content info||103 Pages
Delivery time: 2-3 business days
|Asia Pacific Advanced Glass Market Forecast 2019-2028|
|Published: July 20, 2020||Content info: 103 Pages||
The Asia Pacific advanced glass market is evaluated to project a CAGR of 4.09% in terms of volume and 5.26% in terms of revenue, during the estimated period, 2019-2028. The fast-paced growth of the construction industry due to urbanization and industrialization in emerging economies, and rising adoption in end-user industries like transportation, aerospace, automotive, etc. are among the deciding factors projected to drive the market growth.
The Asia Pacific advanced glass market growth is assessed on the basis of the evaluation of India, South Korea, Vietnam, Japan, China, Thailand, Australia & New Zealand, Indonesia, and the rest of Asia Pacific. Japan is considered one of the world's most dynamic capital and real estate markets with regard to connectivity, sophistication, depth, and reach. The growing investment from the Environmental, Social and Governance (ESG) has contributed to the country being a home to a varied collection of LEED project types that include shopping malls, data centers, education facilities, logistics, etc. The construction sector in India is booming, covering several construction projects like residential, industrial, energy & utility, transportation, etc. The flat glass industry is also recording growth in the country due to the rising use of processed and reflective glass as part of safety concern and energy efficiency. Also, the mobile phone manufacturing industry is witnessing considerable growth due to high domestic consumption of mobile phones, combined with policy reforms. It entails smartphones and feature phones. India is second to China when it comes to the largest mobile phone manufacturing hub. Advanced glass is utilized in such sectors, and thus finds increased adoption.
Some of the competitive market players in the market include, Saint Gobain, Huihua Glass Co Limited, Koch Industries, Nippon Sheet Glass Co Ltd, Sisecam Group, etc.
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