PUBLISHER: Value Market Research | PRODUCT CODE: 1342917
PUBLISHER: Value Market Research | PRODUCT CODE: 1342917
The global demand for Glass Manufacturing Market is presumed to reach the market size of nearly USD 188.63 BN by 2030 from USD 108.66 BN in 2022 with a CAGR of 6.32% under the study period 2023 - 2030.
Glass manufacturing process includes several steps such as comprising melting and refining, float bath, coating, annealing, inspecting, and then cutting. Glass manufacturing consists of various raw materials such as silica sand, limestone, soda ash, and clarifying agents. This process is divided into two stages: float glass and glassblowing and is used in the packaging, construction and transportation industries.
The growing demand for glass in various end-user industries such as automotive, construction, electronics, and chemicals will propel the industry growth during the forecast period. Moreover, the increasing usage of recycled products has led to the adoption of glass manufacturing across the forecast period. Also, the growing popularity of glass bottles, especially in the beverage section, is expected to drive the growth of the glass manufacturing industry. Furthermore, the glass industry is continually rising due to the growing trend of not using plastic containers. In addition, investing in R&D and technology to improve product lines will be the major growth driver for the glass manufacturing market. However, installing advanced glasses is costly and will likely hinder market growth in the upcoming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of glass manufacturing. The growth and trends of glass manufacturing industry provide a holistic approach to this study.
This section of the glass manufacturing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Glass Manufacturing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the glass manufacturing market include AGC Inc., Fuyao Glass Industry Group Co. Ltd., Guardian Industries, Saint-Gobain, O-I Glass Inc., AGI glaspac, Nihon Yamaura Glass Co. Ltd., Vitro, 3B- the fiberglass company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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