Flat glass products have various applications, due to their versatile properties. Flat glass products are reliable, have an aesthetic appearance, act as barriers to sound & heat, offer weight reduction, and can be used in safety equipment. In the past few years, the use of flat glass products has increased in various end-use industries, such as construction & infrastructure, automotive & transportation, and solar energy. The flat glass market is projected to reach USD 142.05 billion by 2022, at a CAGR of 7.30% between 2017 and 2022.

Get PDF Brochure for Research Insights at: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=187897592

Asia-Pacific was the largest market for flat glass in 2016, owing to the high demand from the construction & infrastructure and automotive & transportation sectors. The growth of the solar energy industry in this region has fueled the demand for flat glass in the region. The increased focus of India and China on producing electricity through renewable sources and increasing solar energy installations in China, Japan, India, and other emerging countries will create boost the demand for flat glass in the coming years. The growing automotive production will further drive the growth of the flat glass market in the region.

Key companies offering flat glass products adopted investments & expansions and new product launches as key strategies to strengthen their position in the flat glass market. The investments & expansions strategy accounted for a share of 41.2% of all the growth strategies adopted by major leading companies from 2014 to 2017. Leading companies adopted these strategies to improve their distribution channel, increase their presence in developed and emerging countries, and meet customer demands. Companies also adopted the strategy of partnerships, joint ventures & agreements to expand their product reach globally and take advantage of the competencies of other companies to compete in the market.

New product launches accounted for 41.2% share each of all the developments in the flat glass market from 2014 to 2017. Companies adopted this strategy to increase their product portfolio and gain access to new and high-potential markets. Companies also adopted mergers as a strategy to enhance their distribution network and diversify their product portfolio. Leading companies are acquiring small composite manufacturing companies in emerging regions to expand their reach, globally.

Major flat glass manufacturers profiled in this report are Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (U.S.), and Taiwan Glass (Taiwan).

Asahi Glass is one of the key manufacturers of flat glass that offers automotive glass products, architectural glass products, and glass substrates for displays. The company has increased R&D investments year-on-year to develop new products, new production capabilities, and processes. As a part of its growth strategy, the company is focused on new product launches to cater the increasing demand for flat glass in specific applications and gain a competitive edge in the market. For instance, in February 2017, the company introduced a retrofitting solution named- AIS Renew. The product has the capability to convert a glazed unit into an energy-saving insulated glazed unit.

Get the Latest Version of the Report and ahead from Your Competitors: https://www.marketsandmarkets.com/RequestNewVersion.asp?id=187897592

Saint-Gobain is a global manufacturer of flat glass products. The company is one of the major flat glass manufacturers in the world and serves industries, such as transportation, construction & infrastructure, solar energy, and consumer goods. The company is conducting research for the development of new products for different application segments and is striving to provide the highest quality products. The company continues to invest in its facilities and research & development to achieve growth in the market. For instance, in 2016, the company invested USD 10 billion in its facilities in India, to meet the growing demand for flat glass from the region.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]