(MENAFN- Ameliorate Digital Consultancy)
Global float glass market is projected to reach US$ 210 Billion by the end of the forecast period (2019 – 2029) With the introduction of our new product, we are confident that we can capture a significant share of this market and provide our customers with a competitive advantage.
Float glass is a type of glass that is widely used in the construction industry for windows, doors, and facades due to its transparency, durability, and versatility. With the growing demand for sustainable and energy-efficient buildings, there has been a need for more advanced float glass solutions that can meet these requirements.
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A leading provider of glass solutions, is proud to announce the successful completion of our latest research and development (R&D) project focused on float glass technology. Our team of experts has developed a new float glass product that offers superior performance and energy efficiency, while also being cost-effective.
Through our latest R&D project, we have developed a new type of float glass that offers improved thermal insulation, sound insulation, and solar control properties. Our new product, [insert product name], uses advanced coatings and additives to achieve these properties while also maintaining the transparency and durability of traditional float glass.
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Sales Are Driven by Demand in the Automotive Industry and Aftermarket
The demand for automotive glass will increase as the number of vehicles sold and its aftermarket applications rise. The number of automobiles produced in 2018 was estimated at 95.6 million, demonstrating how strong the demand for cars is. This element will greatly increase the overall demand for automotive glass and fuel the market's expansion for float glass during the anticipated time frame.
The driving conditions and weather both affect how long automotive glass lasts. Automotive glass has an operational lifespan of seven to ten years in good driving conditions. But, if a little piece of debris strikes a crack in the glass while driving at a fast speed, the windscreen must be replaced.
Competitive Landscape:
The existence of a large number of players has led to a very fragmented market for float glass worldwide. Given their wide market reach and higher proportion of revenue shares compared to the other businesses, Tier-I corporations are predicted to continue to be a dominant force.
Key participants in the float glass market such as Fuyao Glass Industry Group Co. Ltd., S.A.B. de C.V., Saint-Gobain S.A., AGC Inc., Nippon Sheet Glass Co., Ltd., and Guardian Industries are also focusing on new product development to enhance their product portfolio.
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The float glass market is divided into three significant segments – glass type, application, and region.
Glass Type
clear glass tinted glass Textured Glass wired glass extra clear glass
Application
Automotive Building & Construction Electronics & Appliances Solar Panels/Solariums Mirrors
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