India Flat Glass Market Analysis, Share, Size, Industry Demand, Leading Companies and Research Report 2022-2027
The India flat glass market size reached US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 6.62% during 2022-2027.
According to IMARC Group’s latest report, titled “India Flat Glass Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the India flat glass market size reached US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.5 Billion by 2027, exhibiting a growth rate (CAGR) of 6.62% during 2022-2027.
Flat glass, also known as plate or sheet glass, is made by melting sand, soda ash, and silica into liquid form, spreading it to the needed thickness, and cooling it into the final product. It has a distinct chemical structure from container glass and glass fibers. Flat glass is mostly produced using the float glass technique but can also be manufactured by rolling or using a broad sheet.
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India Flat Glass Market Trends:
The India flat glass market is primarily driven by the increasing infrastructural development across the country, driven by favorable government initiatives and rapid urbanization. Moreover, the rising industrial sector is expected to boost the demand for flat glass. For instance, the expansion in the uses of flat glass, such as windows, doors, facades, interior partitions, and railings for stairs and balconies in various end use industries, like construction and automotive, is positively projected to influence overall sales. Besides this, the rising demand for electronic displays, along with the growing demand for consumer electronics, including smartphones, televisions, tablets, laptops, wearables, and other devices, is further anticipated to bolster the market growth. Apart from this, prominent manufacturers are investing in research and development activities to introduce and develop superior-quality flat glass, which, in turn, will positively influence the market growth in the upcoming years.
Key Market Segmentation:
The report has segmented the India flat glass market based on technology, product type, raw material, end use, type, end use industry and region.
Breakup by Technology:
- Float Glass
- Sheet Glass
- Rolled Glass
Breakup by Product Type:
- Basic Float Glass
- Toughened Glass
- Coated Glass
- Laminated Glass
- Extra Clear Glass
Breakup by Raw Material:
- Soda Ash
- Recycled Glass
Breakup by End Use:
- Safety and Security
- Solar Control
Breakup by Type:
Breakup by End Use Industry:
- Solar Energy
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape With Key Players:
The competitive landscape of the India flat glass market has been studied in the report with the detailed profiles of the key players operating in the market.
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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