Flat glass market set to reach $280.64 billion by 2030, driven by construction and energy efficiency
From GlobeNewswire: 2025-04-08 20:30:00
The Flat Glass Market is valued at USD 179.80 billion in 2025 and is set to reach USD 280.64 billion by 2030, with a CAGR of 8.0%. Growth is driven by urban expansion, construction demand, and energy efficiency requirements. Key players include TAIWAN GLASS IND. CORP., Saint-Gobain, and AGC Inc. Drivers include construction and infrastructure development, while challenges include growing environmental concerns.
The Float Glass segment is expected to lead the market, with the Construction & Infrastructure industry as the largest end-use segment. Asia Pacific is projected to have the highest CAGR and market share. The industry is evolving with smart glass technology, laminated glass products, and sustainable practices. Increased demand for sustainable building practices and energy-efficient glass drives market growth.
In Asia-Pacific, the flat glass market is growing rapidly due to urbanization, infrastructure projects, and automotive industry growth. Float glass technology is the fastest-growing segment, driven by its use in construction and renewable energy solutions. The Solar Energy Industry is expected to drive market growth. Companies should focus on green products and invest in R&D for innovation.
North America’s flat glass market was USD 26.83 billion in 2024 and is projected to reach USD 40.81 billion by 2030, with a CAGR of 7.3%. The US is the fastest-growing market, with investments in sustainable construction and solar energy installations. The market is driven by commercial buildings and facades. Guardian Industries is a notable manufacturer based in the US.
The flat glass industry offers business opportunities in construction, automotive, and solar energy sectors. Smart glass technology presents growth potential, while energy efficiency retrofit initiatives create demand for special glass products. Companies should focus on producing green products and investing in R&D. Strategic partnerships with architects, contractors, and developers can enhance product offerings.
Read more at GlobeNewswire: Flat Glass Market worth $280.64 billion by 2030, at 8.0%,