Axiom
MRC added a Construction
Glass Market Report, By Source, Formulation, Crop Type, Mode of Application
and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024
The global
market of construction glass is booming and expected to gain prominence
over the forecast period. Registering a CAGR of between 6.9% to 7.9% during the
period 2019-2024. The market is forecasted to view a stunning growth by 2024,
surpassing its previous growth records in terms of value with a striking CAGR
during the estimated period (2019 – 2024). The global construction glass market
is expected to grow at a highest CAGR by 2020.
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free sample report: https://axiommrc.com/request-for-sample/?report=1666&utm_source=blog&utm_medium=hb
This glass possesses various physical and chemical
properties such as corrosion resistance, radiation resistance properties,
flexibility, and is unaffected to changes in climatic conditions, which as a
result increases the growth of the construction glass market. Also, new
buildings, educational institutes, and industrial buildings have started using
solar control low-e glass, which accelerated the market growth. The main
factors driving the global construction glass industry is the rising population
which encourages construction of new buildings. Also, high disposable income
has allowed the end users to spend more on new constructions. Most importantly,
the changing mindset of residential consumers has given a boost to the
construction glass industry. However, high costs associated with raw materials
and economic slowdown restrain the market growth.
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the full Report: https://axiommrc.com/product/1666-construction-glass-market-report/?utm_source=blog&utm_medium=hb
Global
Construction Glass Industry Is Segmented Based On Type:
The global construction glass industry is segmented
based on type, chemical composition, application and geography. Based on type,
the construction glass is segmented into low e-glass and special glass.
Low-emissivity property of glass is used in advanced glazing solutions to
significantly reduce the need of heating and cooling in the buildings, thus
reducing energy consumption and associated CO2 emissions. Special glass
accounted the highest market share and is estimated to grow rapidly due to the
increase in construction activities of green buildings and various government
regulations related to energy efficient buildings.
Global
Construction Glass Industry Based
On Chemical Composition
Based on chemical composition, the construction glass
industry is segmented into soda-lime glass, potash lime glass and potash
lead-glass. Soda-lime glass is mainly a mixture of sodium silicate and calcium
silicate. It is the most prevalent type of glass that is used in residential
and non-residential buildings. Also, potash-lead glass segment is also expected
to grow at a highest CAGR. It is a mixture of potassium silicate and calcium
silicate.
Global
Construction Glass Industry Application
The global construction glass industry finds
application in residential and non-residential buildings. Non-residential
construction segment accounted for the largest share of more than 64% in 2017.
Rapid increase in adoption of energy-saving products with new infrastructural
and construction projects in the developed and developing regions has added an
extra element to the growth of construction glass market.
Global
Construction Glass Industry By Geography
The global construction glass industry is segmented
into APAC, North America, Latin America, Europe and Middle East & Africa.
Consumer preference in developing countries such as Brazil, China, India, and
South Africa are gradually shifing from traditional building structures to
innovative and technologically advanced infrastructure. The United States and
China are expected to observe the highest demand for construction glass during
the forecast period. The demand of factories, manufacturing plants, stadiums,
and offices has grown sharply due to rapid industrialization. Latin America
& MEA is projected to spectate a significant growth in the construction
glass industry during the forecast period.
Key
Competitors Of Global Construction Glass Industry
The key competitors of Global Construction Glass
Industry are S.A. Bendheim, Asahi Glass, Schott, Central Glass, PPG Industries,
Saint Gobain, Nippon Sheet, JE Berkowitz LP, Agnora, Guardian etc.
Why
to Buy:
· The
report offers changing market dynamics in the Construction Glass Market, presenting historical, current and projected market
size in terms of value (USD million).
· It
presents a comprehensive assessment of geographical regions exhibiting
promising growth, potential and niche segments, and a neutral perspective on
the Construction
Glass Market performance.
· The
report also offers strategic recommendations in key business segments based on
the market estimations and competitive landscape, mapping the key common trends
of Construction Glass Market.
About
Us
Axiom Market Research & Consulting™ (also known as
Axiom MRC), is a full-service market research and data analytics firm, driven
by a simple aim of providing key market intelligence to companies to assist
them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
Axiom Market Research & Consulting™ offers market
research and data analytics services such as syndicated market research reports,
custom market research reports, business consulting, consumer/end user survey,
data processing & analytical services, social media analytics across
various industry verticals such as, Life Science, Chemicals & Materials,
Food & Beverages, Packaging Agriculture, power & Energy.
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