Rolled Glass: A Global Strategic Business Report - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-14 08:11:03
The global Rolled Glass market is projected to reach 3.0 million metric tons by 2018, driven by sustained demand from residential, commercial, and specialty applications.
Worldwide consumption of glass is growing led by its increasing use in automotive and building construction markets. Demand trends in the flat glass market are shaped by the pace of economic development as well as the legislative and regulatory landscape. Flat glass is produced using two float, rolled and sheet glass techniques, with float glass accounting for a predominant share of the overall demand. In contrast, rolled glass accounted for a very small percentage of the global flat glass demand during 2012. Rolled glass primarily finds use in residential, specialty and commercial applications, including shower enclosures, glass doors, partitions, solar photovoltaic panels, among others.
Even though a tiny blip on the world radar, rolled glass market is poised for steady growth in future, despite the fact that float lines are continuously replacing production lines of wired and patterned glass across the globe. The market witnessed a slowdown due to the recession, but is on the recovery mode led by the continuous use of wired glass and patterned glass in shower doors and various other applications.
Asia-Pacific represents the largest as well as the fastest growing market for rolled glass in the world. Asia-Pacific has emerged as a dominant force in the global rolled glass market, riding on the robust strides made by China. Increasing industrial growth, rising urbanization, steady increase in construction activity, and rising disposable incomes are creating huge demand for glass-intensive products, thereby fuelling demand for rolled glass in China as well as for the entire Asian region. China has also been at the forefront of rolled glass production activity for solar PV market, due to the countrys efforts to promote solar energy. Steady economic growth of China and diversifying needs of the domestic market have fostered continuous improvements in the production techniques adopted for patterned glass.
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