Construction Glass Market

Construction Glass Market Sizes by Composite by Type (Special Glass, and Low-E Glass), By Manufacturing Process (Flat Process, and Rolled/Sheet Process), By Application (Residential, and Non-residential), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14369
  • Published Date: Jun, 2024
  • Pages: 237
  • Category: Chemicals & Materials
  • Format: PDF
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The global construction glass market was valued at USD 103.35 Billion in 2023 and is anticipated to grow at a CAGR of 7.1% from 2024 to 2033. Glasses used in construction projects are coated with translucent material and commonly installed as windows, doors or transparent walls. Construction glass possess some unique combination of features, such as energy efficiency, thermal insulation, and waterproofing, among others. These attributes/properties make them an ideal choice for buildings/ structures. Manufacturers of these glasses have further enhanced their porperties by adding chemical properties like electrical resistance and flexibility to mold into shape according to requirements while also designing them chemically resistant towards varying temperatures, thereby increasing their preference amongst modern building materials.

Market Introduction:

Architectural glass, or construction glass, is a fundamental component in contemporary building design that harmonizes visual allure and vital functionality. It is purpose-built for application in diverse projects such as residential properties or expansive commercial structures. Far more than merely transparent material, architectural glass plays an essential role in the physical fortitude of structures, conservation of energy resources, and creation of safer environments while holistically enhancing ecological sustainability within buildings. Construction glass is highly regarded for its unparalleled ability to allow light transmission while providing unobstructed visibility. Its transparency enables natural daylight penetration into indoor spaces, connecting the interior with the exterior environment and improving visual comfort without relying on artificial lighting. In effect, this feature significantly contributes to energy savings. Mechanical stresses such as wind loads, impacts or vibrations do not pose a problem due to advances made in manufacturing technology that have led to greater strength and durability of construction glass products like tempered and laminated glasses, which are less prone to breakage, even when they shatter it results in minimal risk of injury. Another notable characteristic of construction glass is thermal insulation, attributed mainly to insulated glass units (IGUs) alongside low-emission coatings known as Low-E coats. This aspect helps regulate heating transfer through windows along facades, maintaining comfortable temperatures inside buildings, minimizing costs related to cooling/heating systems maintenance bills, and effectively meeting sustainable building practices and mandated standards.

Construction Glass Market Size

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Recent Development
  • In February 2023: Compagnie de Saint-Gobain and Mytilineos Energy & Metals announced the signing of a private wire power purchase agreement (PPA) for energy produced from a 4.9-megawatt solar farm in Italy.   

Market Dynamics:

Drivers

Growing Disposable Income and Living Standards - The rising disposable income and improved living standards, especially among developing nations, drive a higher need for modern residential and commercial structures using premium construction glass. The growing desire of people for better housing conditions and contemporary amenities has resulted in an increasing preference towards large energy-efficient windows, glass doors, and other notable glass fixtures on buildings. This inclination is particularly noticeable within the residential sector, where owners increasingly choose sleek yet practical solutions that uplift aesthetics and comfort levels at home. As business enterprises aim toward creating more attractive work surroundings geared around productivity, they invest further into advanced office spaces with appealing facades featuring partitions comprised mainly of construction glasses to achieve this goal accordingly. This factor is boosting the market growth and development.

Restraints:

Fluctuating Raw Material Prices – The construction glass market is grappling with a major hurdle-the fluctuation of raw material prices. The costs of essential materials, such as silica sand, soda ash, and energy sources (natural gas and electricity), are highly prone to fluctuations due to various factors, including supply chain disruptions, geopolitical unrest, and changes in global demand. These unpredictable price swings create a sense of uncertainty, which directly impacts the profitability of glass manufacturers. When the expenses associated with these inputs increase, it may lead to necessary product markup, resulting in reduced demand, especially in cost-conscious markets. The unpredictability of raw material pricing also poses a challenge for manufacturers in budgeting and adds significant financial risk to business operations. This factor is hindering the market growth and development.   

Opportunities:

Technological Integration in Smart Buildings - The rising adoption of smart technologies in buildings has sparked demand for advanced construction glass products. Smart structures utilize technology to optimize energy efficiency, safety and occupant comfort via interconnected systems and automated devices. A crucial element in these types of buildings is switchable or smart glass, which controls heat regulation and light transmission through dynamic properties that can be adjusted based on external stimulations such as temperature, lighting levels or electrical signals. These solutions have greatly contributed to the adaptability and efficacy of an intelligent/smart building structure, hence driving the need for top-tier construction materials to support next-generation functionaries across residential and commercial sectors. This factor is anticipated to provide lucrative growth opportunities over the years.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific region emerged as the most prominent global construction glass market, with a 40.0% market revenue share in 2023. The global construction glass market is witnessing unprecedented growth in Asia, which is currently the largest and is witnessing a steady expansion rate. This surge can be attributed to several factors, such as robust economic growth, exponential urbanization, and interventions by stakeholders that invest substantial amounts in infrastructure developments. Countries significantly contributing to this local advancement include China, India, Japan, and the South, with dominant shares indicating their particular impact on the industry's performance. Asia Pacific witnessed robust economic growth over recent years, particularly observed within industrious nations including China and India, whose economies continue gaining momentum, impacting operations necessitating fast-paced constructions for buildings like megacities or other prominent setups. This aspect drives regional market growth and development.  The regional market players also engage in various market strategies such as product innovation, product differentiation, mergers, acquisitions, partnerships, and strategic alliances to maintain their competitive edge.

Asia Pacific Region Construction Glass Market Share in 2023 - 40.0%

 

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  • In February 2020: AGC Glass and Citrine Informatics have partnered to accelerate the development of next-generation construction glass through artificial intelligence. This collaboration aims to improve the functioning and properties of materials for upcoming building requirements.
Type Segment Analysis

The type segment includes special glass, and low-E glass. The special glass segment dominated, with a market share of around 57% in 2023. Special glass is designed to meet performance requirements beyond conventional float glass's capabilities. This encompasses a variety of items, such as tempered and laminated glass, insulated units (IGUs), coated glass, and decorative options. These glasses serve numerous sectors, including architecture, electronics, healthcare, and aerospace. Specialized glass compounds are pivotal in contemporary building design as they augment performance, visual appeal, and practicality. For instance, tempered glass is frequently employed for windows, doors, and facades because it improves strength and offers security while averting breakage risks. Alternatively, laminated glass containing multiple layers coupled with interlayers offers impact resistance alongside sound insulation, ideal aspects required in applications like skylights or hurricane-resistant windows where safety is concerned.

Manufacturing Process Segment Analysis

The manufacturing process segment includes flat process and rolled/sheet process. The flat process aircraft segment dominated, with a market share of around 54% in 2023. The production of construction glass is well-suited for the advantages offered by the flat glass manufacturing process. Architectural applications such as windows, doors, facades and curtain walls benefit from its ability to produce large sheets with uniform thickness and consistent optical quality. Customization through treatments, coatings, and processing techniques has been possible due to its versatile nature, which can meet specific performance requirements, including thermal insulation, solar control, and safety factors. Flat glass manufacturing technology accounts for a significant portion of the global market share in constructing glass, driven by widespread adoption and production capacity. Major manufacturers worldwide utilize flat glass manufacturing method, offering benefits associated with large volumes required to meet growing consumer demand trends.

Application Segment Analysis

The application segment includes residential and non-residential. The non-residential dominated, with a market share of around 60% in 2023. The scope of the non-residential industry is vast, encompassing a plethora of commercial ventures like office spaces, educational institutions and industrial complexes. In this sector, infrastructure investment, architectural advancements and general business activity drive significant market growth for construction glass worldwide. Construction glass is prominent in multipurpose developments such as retail centers, healthcare facilities, or hospitality venues across varied segments within this industry sector. Contemporary designs often showcase sleek, sprawling towers featuring extensive glass facades that reflect corporate identities, making them more prevalent in prestigious buildings and highlighting their grandeur prominently on city skylines today.

Some of the Key Market Players:
  • AGC Inc.
  • SCHOTT AG
  • Central Glass Co. Ltd.
  • China Glass Holdings Ltd.
  • Turkiye Sise ve Cam Fabrikalari AS
  • Vitro SAB de CV
  • Koch Industries Inc.
  • Nippon Sheet Glass Co. Ltd.
  • Xinyi Glass Holdings Ltd.
  • Compagnie de Saint-Gobain SA

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 103.35 Billion
Market size value in 2033 USD 205.22 Billion
CAGR (2024 to 2033) 7.1%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Manufacturing Process, Type, Application

Frequesntly Asked Questions

As per The Brainy Insights, the size of the global construction glass market was valued at 103.35 billion in 2023 to USD 205.22 billion by 2033.

The global construction glass market is growing at a CAGR of 7.1% during the forecast period 2024-2033.

Asia Pacific region became the largest market for construction glass.

The growing urbanization in emerging economies is driving the market's growth.

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This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global construction glass market based on below-mentioned segments:

Global Construction Glass Market by Type:

  • Low-E Glass
  • Special Glass

Global Construction Glass Market by Manufacturing Process:

  • Flat Process
  • Rolled/Sheet Process

Global Construction Glass Market by Application:

  • Residential
  • Non-residential

Global Construction Glass Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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