Glass Manufacturing Market Share, Size & Growth 2031

Glass Manufacturing Market Share, Size & Growth 2031

Segments - Global Glass Manufacturing Market by Products (Container Glass, Flat Glass, Specialty Glass and Fiberglass), Applications (Packaging, Construction, Automotive & Transportation, Telecommunication, Electronics and Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Rucha Phatak

Upcoming | Report ID :CM-4149 | 4.6 Rating | 77 Reviews | 189 Pages | Format : PDF Excel PPT

Report Description


Glass Manufacturing Market Outlook 2031

The global glass manufacturing market size was valued at USD 129.37 Billion in 2022 and is anticipated to reach USD 179.41 Billion by 2031 expand at a CAGR of 3.7% from 2023 to 2031. The growing demand from glass user industries as well as automotive and construction industries is estimated to propel the market.

Glass is a non-crystalline, usually clear amorphous solid having sensible, technological, and ornamental use in, window panes, tableware, and optics. Glass is divided into two main segments product and application. The merchandise section includes flat, container, fiber, and specialty glasses and the application section includes packaging, automotive & transportation, construction, telecommunication, natural philosophy, and others.

Glass Manufacturing Market Outlook

Advancements in technologies, like pre-regs and fiber roving, extended capabilities of materials considerably.

  • Increasing deployment of the products in various applications which includes packaging, construction, and electronics, is anticipated to boost the market during forecast period.
  • Packaging industry is looking forward to use paper-based and glass-based packaging solutions, which is estimated to fuel the market.
  • High cost of installation of advanced glasses is projected to hamper the market during the forecast period.
  • Strict government legislation related to the use of energy-efficient products and the desire to use renewable resources are expected to create lucrative opportunities for the key players in the market.

Scope of The Glass Manufacturing MarkeReport

The report on the global glass manufacturing market includes an assessment of the market, size, share, trends, segments, and regional markets. The study includes an overview as well as dynamics.

Attributes

Details

Report Title

Glass Manufacturing Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016-2021

Forecast Period

2023-2031

Segmentation

Products (Container Glass, Flat Glass, and Fiberglass), Applications (Packaging, Construction, and Transportation)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

AGC Inc.; Central Glass Co. Ltd.; Fuyao Glass Industry Group Co., Ltd.; Guardian Industries; Nippon Sheet Glass Co. Ltd; Owens Illinois Inc; Owens Illinois Inc; Koa Glass; Heinz Glass; Saint Gobain; 3B - the fiberglass company; Amcor; Nihon Yamamura; Vitro; S.A.B. DE C.V.; Xinyi Glass Holdings Co. Ltd., Sisecam Group.

Glass Manufacturing Market Segments Insights

The instrumentality glass section is projected to hold significant market share.

In terms of products, the market is segmented into container glass, flat glass, specialty glass and fiberglass. The container segment held major revenue share of around 44.0% in 2020. The growth of segment is attributed to the growing pharmaceutical and food & liquid industries. The growing preference for the merchandise section for packaging functions is anticipated to propel market.

The second-largest revenue share is achieved by flat glass, which involves the making of construction applications like windows, doors, etc. Factors driving the segment are. growing preference towards aesthetic interiors and rising income. Fiberglass is extensively utilized in transportation applications thanks to the increasing demand for light-weight materials in creating vehicles. they're utilized in boats, roofing, aircraft, et al because of their distinct options like flexibility, stability, and light-weight.

Glass Manufacturing Market Product

The packaging segment is anticipated to account for the significant market share

Based on the applications, the market is segmented into, packaging, construction, automotive & transportation, telecommunication, electronics and others. The packaging segment holds the key share of the market. In beverage industry, glass is used for packaging the bottles. Glass is a non-reactive, eco-friendly material which can be recycled.

The flat glass is used in constructing non-residential and residential buildings. The market is expected to be fueled by increasing construction developments in emerging economies.

Glass Manufacturing Market Application

Asia Pacific dominated the market in 2020

In terms of regions, the glass manufacturing market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific dominated the market for glass producing and accounted nearly 40.0% share of the total revenue in 2020 due to the availability of labor at low price. Moreover, Asian countries like India is anticipated to completely influence the market growth over the forecast period due to the shifting trend toward producing units in India.

China accounted for a key share within the regional market in 2020, due to the widespread presence of the end-use industries within the country.  It is considered as one of the biggest producing hubs within the world. North America is anticipated to witness steady growth during the forecast period. The increasing demand for sensible glasses which has insulation can manage the temperature and lightweight coming into the vehicle, is driving the market.

Glass Manufacturing Market Region

Segments

By Product

  • Flat glass
  • Container glass
  • Fiberglass
  • Specialty glass

By Application

  • Automotive & transportation
  • Packaging
  • Construction
  • Telecommunication
  • Electronics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

By Key Players

  • AGC Inc.
  • Central Glass Co. Ltd.
  • Fuyao Glass Industry Group Co., Ltd.
  • Guardian Industries
  • Nippon Sheet Glass Co., Ltd
  • Owens Illinois Inc
  • Owens Illinois Inc
  • Koa Glass
  • Heinz Glass
  • Saint Gobain
  • 3B - the fiberglass company
  • Amcor
  • Nihon Yamamura
  • Vitro
  • S.A.B. DE C.V.
  • Xinyi Glass Holdings Co., Ltd.
  • Sisecam Group

Competitive Landscape

Key players are focusing on expanding their existing manufacturing facilities due to the increasing demand of products from different verticals. Some of the key players in the glass manufacturing market include AGC Inc., Central Glass Co. Ltd., Fuyao Glass Industry Group Co., Ltd., Guardian Industries, Nippon Sheet Glass Co., Ltd, Owens Illinois Inc, Owens Illinois Inc, Koa Glass, Heinz Glass, Saint Gobain, 3B - the fiberglass company, Amcor, Nihon Yamamura, Vitro, S.A.B. DE C.V., Xinyi Glass Holdings Co., Ltd., Sisecam Group.

Glass Manufacturing Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Glass Manufacturing Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Glass Manufacturing Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Glass Manufacturing Market - Supply Chain
  4.5. Global Glass Manufacturing Market Forecast
     4.5.1. Glass Manufacturing Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Glass Manufacturing Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Glass Manufacturing Market Absolute $ Opportunity
5. Global Glass Manufacturing Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Glass Manufacturing Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Glass Manufacturing Demand Share Forecast, 2019-2026
6. North America Glass Manufacturing Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Glass Manufacturing Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Glass Manufacturing Demand Share Forecast, 2019-2026
7. Latin America Glass Manufacturing Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Glass Manufacturing Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Glass Manufacturing Demand Share Forecast, 2019-2026
8. Europe Glass Manufacturing Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Glass Manufacturing Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Glass Manufacturing Demand Share Forecast, 2019-2026
9. Asia Pacific Glass Manufacturing Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Glass Manufacturing Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Glass Manufacturing Demand Share Forecast, 2019-2026
10. Middle East & Africa Glass Manufacturing Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Glass Manufacturing Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Glass Manufacturing Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Glass Manufacturing Market: Market Share Analysis
  11.2. Glass Manufacturing Distributors and Customers
  11.3. Glass Manufacturing Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. AGC Inc.
     11.4.2. Central Glass Co. Ltd.
     11.4.3. Fuyao Glass Industry Group Co., Ltd.
     11.4.4. Guardian Industries
     11.4.5. Nippon Sheet Glass Co., Ltd

Methodology

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