Europe Flat Glass Market Forecast
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Size in 2023: USD 20.4 Billion
Market Forecast in 2032: USD 27.2 Billion
Market Growth Rate: 3.20% (2024-2032)
The Europe flat glass market size reached USD 20.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 27.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.2% during 2024-2032.
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Europe Flat Glass Market Trends:
The European market is mainly influenced by increasing construction and automotive activities in the region. As governments and authorities in Europe are advocating for implementation of tougher energy savings policy, the demand for energy saving treatments and IGU units have shot up considerably. Apart from building construction, the automotive industry has also been important in the growth of the flat glass market.
With the increase in number of vehicles in the Europe, in particular electric vehicles (EVs), there is a rise in demand for flat glass that is lightweight and durable fitted for windows, windscreens and sunroofs. Better technologies of glass such as laminated and tempered glass are also in much need due to their increased safety, sound proofing as well as UV protection which makes them appropriate for use in vehicles. Other types of technology which are also changing the nature of flat glass products include self-cleaning and smart glass technology.
Europe Flat Glass Market Scope and Growth Analysis:
The outline of the Europe flat glass industry is extensive including a number of glass products such as tempered glass, laminated glass, insulated, coated glass among others. The market is applicable to many industrial sectors out of which construction, automotive, and solar energy stand out. Flat glass used in solar panels is also seen as another avenue for growth especially now that there is a shift towards renewable energy sources within Europe. With the emphasis on sustainability growing, the glass products which are low-e (low emissivity) are increasingly in demand and this has been a contribution towards the growth of the market. In terms of geographic market segmentation for glass products which is flat glass in this case Europe ranks among the largest with the likes of Germany, France, Italy and UK dominating in production and usage. The construction remains the primary end-user owing to the development of residential and commercial building infrastructure continuously taking place. The adoption of green building codes is likely to increase the demand for energy-efficient and environmentally-friendly glass.
The European Energy Performance of Buildings Directive (EPBD) and other regulations also provide for high-performance glazing which is bound to increase the market as well. The automotive industry is also an important growing sector, especially with the increasing number of electric and hybrid car production which requires lightweight and high-performance flat glass. Companies involved in production have begun making superior quality glass which increases the safety features, the comfort of the vehicle, and the design of the vehicle. Advanced technologies such as smart glass that can control light and temperature, and switchable privacy glass are also extending the scope of flat glass applications within the automotive and construction markets.
Europe Flat Glass Market Outlook and Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Europe flat glass market share. It includes forecasts for the period 2024-2032 and historical data from 2018-2023 for the following segments.
Technology Insights:
- Float Glass
- Sheet Glass
- Rolled Glass
Product Type Insights:
- Basic Float Glass
- Toughened Glass
- Coated Glass
- Laminated Glass
- Insulated
- Extra Clear Glass
- OthersÂ
Raw Material Insights:
- Sand
- Soda Ash
- Recycled Glass
- Dolomite
- Limestone
- OthersÂ
End Use:
- Safety and Security
- Solar Control
- OthersÂ
Type Insights:
- Fabricated
- Non-FabricatedÂ
Breakup by End Use Industry:
- Construction
- Automotive
- Solar Energy
- Electronics
- OthersÂ
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Top Players Analysis:
The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies.
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Key highlights of the Report:
- Recent Industry News
- Key Technological Trends & Development
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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