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Global flat glass market: $77.74 billion industry estimated during 2013

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The Flat Glass Market 2013-2023 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-25 04:43:04
The value of the global flat glass market in 2013 will reach $77.74bn. Despite the slowdown of mature economies such as North America and Europe, flat glass demand continues to rise due to key global trends. Flat glass plays a unique role in reducing greenhouse gas emissions, in mitigating the effects of climate change, as well as energy conservation through high-performance architectural glass products.Architects are now taking into account environmental factors and incorporating more energy efficient products into building new infrastructures, supported further by tougher government legislations, and building regulations.The flat glass market has also benefitted from volume growth in the automotive industry driven by; aesthetics, increased complexity and functionality. Additionally, the rising significance of glass in the solar energy market for renewable energy, and other markets such as; electronics, telecommunications, optical, healthcare and aerospace, will continue to produce opportunities for glass consumption. As a consequence, the global flat glass market is poised to outpace GDP growth for the next 10 years.

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