(MENAFN- IMARC Group)
IMARC Group, a leading market research company, has recently released a report titled“ Asia Pacific Flat Glass Market : industry Trends, Share, Size, Growth, Opportunity and Forecast 2024 – 2032 .” The study provides a detailed analysis of the industry, including the Asia Pacific Flat Glass Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Asia Pacific Flat Glass Market ?
The Asia Pacific flat glass market size reached US$ 65.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 110.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032. The increasing product utilization in the automotive industry, growing demand for flat glass in the electronics industry, and extensive research and development (R&D) activities are some of the major factors propelling the market.
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Asia Pacific Flat Glass Market
The Asia Pacific flat glass market is primarily driven by the expanding construction industry in the region. Moreover, the elevating levels of urbanization and the augmenting need for residential and commercial buildings are further catalyzing the demand for flat glass. In line with this, the rising number of renovation and remodeling projects on account of the inflating spending capacities of individuals is further bolstering the growth of the flat glass market in the Asia Pacific region. Additionally, the expanding chain of malls, commercial complexes, and public shopping centers is also providing a positive outlook to the market.
Apart from this, the escalating utilization of flat glass in the automotive industry is providing significant growth opportunities to the market. With the rise of electric vehicles and the demand for lighter, more energy-efficient cars, flat glass is becoming a preferred material for car windows and sunroofs. Moreover, advancements in glass manufacturing technologies, such as thin glass and smart glass, are further stimulating the market growth. Furthermore, the growing use of flat glass in the display panels of electronic devices such as smartphones, tablets, laptops, televisions, and monitors, owing to its high transparency, scratch resistance, and excellent touch sensitivity, is anticipated to propel the growth of the Asia Pacific flat glass market in the coming years.
Asia Pacific Flat Glass Market Report Segmentation:
Breakup by Technology:
Float Glass Sheet Glass Rolled Glass
Breakup by Product Type:
Basic Float Glass Toughened Glass Coated Glass Laminated Glass Insulated Extra Clear Glass Others
Breakup by Raw Material:
Sand Soda Ash Recycled Glass Dolomite Limestone Others
Breakup by End Use:
Safety and Security Solar Control Others
Breakup by Type:
Fabricated Non-Fabricated
Breakup by End Use Industry:
Construction Automotive Solar Energy Electronics Others
Breakup by Country:
China Japan India South Korea Australia Indonesia Others
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Key
Highlights
of
the
Report:
. Market
Performance
(2018-2023)
. Market
Outlook
(2024-2032)
. Market
Trends
. Market
Drivers
and
Success
Factors
. Impact
of
COVID-19
. Value
Chain
Analysis
. Comprehensive
mapping
of
the
competitive
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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