Global Construction Glass Market worth USD 120 billion by 2024: Asia Pacific to generate highest demand
tiltle-brkw

By Goldstein Research || 2017-08-21 3:56:48 AM

The Global Construction Glass Market is anticipated to be driven by growth in the construction industry and rising popularity of green buildings, according to our research report

Global Construction Glass Market Outlook 2024

The global construction glass market is segmented by application into residential and commercial, with the latter commanding a larger market share in terms of revenue. The market of construction glass is projected to reach USD 120 Billion by 2024 and further the market is predicted to register a modest CAGR over the forecast period i.e. 2016-2024.

Regionally, Asia-Pacific generates maximum revenue share of 38.5% in 2015 in global construction glass market. Further, Asia-Pacific construction glass market is expected to maintain its dominance over the forecast period owing to rapid industrialization and rising infrastructure spending in the region.

Rising popularity of sustainable infrastructure: Major Boost

Safe, sustainable and green buildings have gained popularity worldwide in recent years. This has given a major boost to the market for construction glass. Excellent physical and chemical properties of construction glass like thermal insulation, strength and recyclability further add to their popularity. Technological advancements in the manufacturing process further bolster demand for construction glass. However, a fluctuation in prices of raw materials is one of the major factors which are hampering the growth of global construction glass market. Likewise, rising competitiveness among the construction glass manufacturers is also a major factor which is decreasing the profit margin of key market players and creates hindrance among the players to retain their growth.

Global Construction Glass Market Outlook 2024” contains detailed overview of the global construction glass market in terms of market segmentation by glass type, application and geography.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

This market report also includes provides competitive outlook of some of the major players of the global construction glass market which includes profiling of companies like PPG, ACG, Saint Gobain etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global construction glass market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Send Us Sample Request

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.