Market Size of Float Glass Industry
Study Period | 2019 - 2029 |
Market Volume (2024) | 80.27 Million tons |
Market Volume (2029) | 105.90 Million tons |
CAGR (2024 - 2029) | 5.70 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Float Glass Market Analysis
The Float Glass Market size is estimated at 80.27 Million tons in 2024, and is expected to reach 105.90 Million tons by 2029, growing at a CAGR of 5.70% during the forecast period (2024-2029).
The major consumer of float glass is the construction industry. With the restart of a few construction activities after COVID-19, the demand for float glass is coming back on track, which may balance the market for float glass in residential and commercial applications.
- Over the short term, major factors driving the market studied are the increasing demand from the construction industry and the recovering automotive industry.
- Some of the factors restraining the demand for the market studied include the increasing price of raw materials, declining demand for certain types of glasses, and environmental impact related to float glass production, among other scenarios.
- Nevertheless, the huge growth potential of the solar sector is likely to create lucrative growth opportunities in the market studied.
- Asia-Pacific dominated the market across the world, with the most substantial consumption from countries like China and India.