Global Building and Construction Glass Market Size, Trends, and Growth Opportunity, By Type (Low-E Glass, Special Glass), Chemical Composition (Soda-Lime, Potash-Lime, Potash-Lead), Application (Residential, Non-residential), Manufacturing Process (Float Glass Process, Rolled/Sheet Process) By Region and forecast till 2030.
Global Building and Construction Glass Market
Global Building and Construction Glass Market was valued at USD 102.25 billion in 2022 and is slated to reach USD 185.76 billion by 2030 at a CAGR of 7.19 % from 2023-2030.
The glass used in construction and buildings is a translucent coating material that can be shaped into any shape. It can take any shape by being drawn, blown, or pressed. Glass windows, doors, and translucent walls are all made of building and construction glass. These glasses are energy-efficient, thermally insulated, and waterproof, making them a viable option as a building material in the construction industry.
Market Drivers
The market will probably grow at a faster rate during the forecast period due to the rising demand for flat glass in the building and construction industry. Because of qualities like UV protection and noise insulation, among others, flat glass is becoming the fastest-evolving and most popular type of glass. The primary factor anticipated to increase demand for flat glass in the market is the growing use of flat glass in both commercial and residential structures. The building and construction glass market is likely to grow as a result of the building construction industry's growth and expansion. Building construction is the process of adding structure to a piece of real estate by making small upgrades like refinishing toilets or adding rooms. Because glasses are used in engineering for architectural and building applications, the demand for building and construction glass is increasing as more buildings are being constructed. As a result, the building construction industry is expanding, which is boosting the market growth.
Market Restraints
Building and constructing glass are very expensive because making it requires a lot of energy due to the high temperatures required to process the raw materials. In addition, building and construction glass installation costs are high, which is anticipated to significantly impede the market's expansion throughout the forecast period. The environment is extremely concerned about carbon dioxide emissions. The production of these glasses results in the emission of carbon dioxide gas, which is anticipated to be the biggest and most difficult obstacle to the expansion of the global market for building and construction glass between 2023 and 2030.
Impact of COVID-19
Construction has suffered significantly from the COVID-19 pandemic. As a result of the COVID-19 pandemic's widespread effects on businesses, households, financial institutions, and markets, these economic disruptions were thought to be more severe than those brought on by the global financial crisis of 2007–2008. The production of glass and other materials like cement and steel has drastically decreased as a result of countries like Italy and China ceasing their production activities. Due to the shortage of raw materials, which leads to more project cancellations and higher raw material prices, contractors who rely on China-made materials and products can expect to pay more for their work. The market's expansion is being hampered by supply chain snags, a slowdown in the glass industry, and construction projects that have been put on hold.
Recent Developments
NSG Purity was introduced in 2021 by Nippon Sheet Glass Co. Ltd., a Japanese glass manufacturing business. This item demonstrates the introduction of newly created antiviral-coated and antibacterial glass as well as the development of new technology in response to the growing demand for antiviral materials in light of the current global pandemic. The Group's proprietary sol-gel technology serves as the foundation for the new antiviral and antibacterial coated glass, NSG Purity.
For an undisclosed sum of $100 million in 2021, Installed Building Products purchased Denison Glass & Mirror Inc. As a result of this acquisition, mounted building products has maintained a strong pipeline of prospects across a range of products, markets, and end markets, which is a crucial component of its growth strategy.
Market Segmentation
Global Building and Construction Glass Market are segmented By Type, Chemical Composition, Application, and Manufacturing Process. By Type such as Low-E Glass, Special Glass. By Chemical Composition such as Soda-Lime, Potash-Lime, and Potash-Lead. By Applications such as Residential, Non-residential. By Manufacturing Processes such as Float Glass Process, Rolled/Sheet Process.
Regional Analysis
Global Building and Construction Glass Market are segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Because of the region's accelerating urbanization and industrialization, Asia-Pacific currently holds a monopoly on the building and construction glass market. The widespread use of building and construction glass in industrial, commercial, and civil applications as well as the growing popularity of these glasses in the region's emerging economies will also contribute to the market's expansion. Because of the growth and expansion of the non-residential sector, including hospitals, offices, commercial spaces, and educational institutions in this region, North America will continue to project the highest CAGR during the forecast period of 2023–2023. Additionally, the presence of significant market participants like Guardian Glass, PPG Industries, and AGC Glass will accelerate market growth.
Key Players
This report includes a list of numerous Key Players, namely Nippon Sheet Glass Co., Ltd., (Japan), Saint-Gobain (France), Sisecam (Turkey), SCHOTT AG (Germany), Taiwan Glass Ind. Corp. (Taiwan), Xinyi Glass Holdings Limited., (China), Fuyao Glass Industry Group Co., Ltd., (China), Saint-Gobain (France), Beijing Northglass Technologies Co. Ltd., (China), arcon Flach- und Sicherheitsglas GmbH & Co. KG (Germany), Dellner Romag Ltd., (UK).
Market Taxonomy
By Type
• Low-E Glass
• Hard Coat Low-e-Glass
• Soft Coat Low-e-Glass
• Solar Coat Low-e-Glass
• Special Glass
• Flat Glass
• Laminated Glass
• Toughened Glass
• Others
By Manufacturing Process
• Float Glass Process
• Rolled/Sheet Process
By Chemical Composition
• Soda-Lime
• Potash-Lime
• Potash-Lead
By Application
• Residential
• Non-residential
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Building and Construction Glass Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Building and Construction Glass Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Building and Construction Glass Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Building and Construction Glass Market Share Analysis, By Type
5.3 Global Building and Construction Glass Market Size and Forecast, By Type
5.3.1 Low-E Glass
5.3.2 Hard Coat Low-e-Glass
5.3.3 Soft Coat Low-e-Glass
5.3.4 Solar Coat Low-e-Glass
5.3.5 Special Glass
5.3.6 Flat Glass
5.3.7 Laminated Glass
5.3.8 Toughened Glass
5.3.9 Others
6 Global Building and Construction Glass Market, By Manufacturing Process
6.1 Y-o-Y Growth Comparison, By Manufacturing Process
6.2 Global Building and Construction Glass Market Share Analysis, By Manufacturing Process
6.3 Global Building and Construction Glass Market Size and Forecast, By Manufacturing Process
6.3.1 Float Glass Process
6.3.2 Rolled/Sheet Process
7 Global Building and Construction Glass Market, By Chemical Composition
7.1 Y-o-Y Growth Comparison, By Chemical Composition
7.2 Global Building and Construction Glass Market Share Analysis, By Chemical Composition
7.3 Global Building and Construction Glass Market Size and Forecast, By Chemical Composition
7.3.1 Soda-Lime
7.3.2 Potash-Lime
7.3.3 Potash-Lead
8 Global Building and Construction Glass Market, By Application
8.1 Y-O-Y Growth Comparison, By Application
8.2 Global Building and Construction Glass Market Share Analysis, By Application
8.3 Global Building and Construction Glass Market Size and Forecast, By Application
8.3.1 Residential
8.3.2 Non-residential
9 Global Building and Construction Glass Market, By Region
9.1 Global Building and Construction Glass Market Share Analysis, By Region
9.2 Global Building and Construction Glass Market Share Analysis, By Region
9.3 Global Building and Construction Glass Market Size and Forecast, By Region
10 North America Building and Construction Glass Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Building and Construction Glass Market Share Analysis, By Type
10.3 North America Building and Construction Glass Market Size and Forecast, By Manufacturing Process
10.4 North America Building and Construction Glass Market Size and Forecast, By Chemical Composition
10.5 North America Building and Construction Glass Market Size and Forecast, By Application
10.6 North America Building and Construction Glass Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Building and Construction Glass Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Building and Construction Glass Market Share Analysis, By Type
11.3 Europe Building and Construction Glass Market Size and Forecast, By Manufacturing Process
11.4 Europe Building and Construction Glass Market Size and Forecast, By Chemical Composition
11.5 Europe Building and Construction Glass Market Size and Forecast, By Application
11.6 Europe Building and Construction Glass Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12Asia Pacific Building and Construction Glass Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Building and Construction Glass Market Share Analysis, By Type
12.3 Asia Pacific Building and Construction Glass Market Size and Forecast, By Manufacturing Process
12.4 Asia Pacific Building and Construction Glass Market Size and Forecast, By Chemical Composition
12.5 Asia Pacific Building and Construction Glass Market Size and Forecast, By Application
12.6 Asia Pacific Building and Construction Glass Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Building and Construction Glass Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Building and Construction Glass Market Share Analysis, By Type
13.3 Latin America Building and Construction Glass Market Size and Forecast, By Manufacturing Process
13.4 Latin America Building and Construction Glass Market Size and Forecast, By Chemical Composition
13.5 Latin America Building and Construction Glass Market Size and Forecast, By Application
14.6 Latin America Building and Construction Glass Market Size and Forecast, By Country
14.6.1. Brazil
14.6.2.Rest of Latin America
15Middle East Building and Construction Glass Market Analysis and Forecast (2022-2030)
15.1 Introduction
15.2 Middle East Building and Construction Glass Market Share Analysis, By Type
15.3 Middle East Building and Construction Glass Market Size and Forecast, By Manufacturing Process
15.4 Middle East Building and Construction Glass Market Size and Forecast, By Chemical Composition
15.5 Middle East Building and Construction Glass Market Size and Forecast, By Application
15.6 Middle East Building and Construction Glass Market Size and Forecast, By Country
15.6.1. Saudi Arabia
15.6.2. UAE
15.6.3. Egypt
15.6.4. Kuwait
15.6.5. South Africa
16Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17Company Profile
