市場調查報告書
商品編碼
1512656
全球平板玻璃市場 - 2024-2031Global Flat Glass Market - 2024-2031 |
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概述
全球平板玻璃市場2023年達到1,141億美元,預計2031年將達到1,648億美元,2024-2031年預測期間複合年成長率為4.7%。
重視能源效率和美學吸引力的現代建築趨勢推動了對低輻射 (Low-E) 玻璃、陽光控制玻璃和雙層玻璃等創新平板玻璃產品的需求。這些項目符合支持綠色建築和環境保護的國際計劃,有助於降低能源消耗並增強建築的永續性。
快速的城市化和不斷成長的建築行業推動全球平板玻璃市場顯著成長。由於人口遷移以及住宅、商業和基礎設施建設需求的成長,平板玻璃被廣泛應用於窗戶、外牆、隔間和其他建築特徵。
亞太地區是全球平板玻璃市場的成長地區之一,佔全球平板玻璃市場佔有率的1/3以上。由於該地區企業的共同努力和產品的快速進步。此外,隨著智慧眼鏡在美國和加拿大等國家的健身愛好者和運動員中越來越受歡迎,預計該市場將會成長。例如,Everysight Raptor 和 Solos 智慧眼鏡專為跑步者、自行車手和鐵人三項運動員打造,因為它們可以透過顯示心率和平均配速等即時資料來幫助他們發揮最佳表現。
動力學
加大智慧城市發展投入
創造智慧城市的支出增加是推動全球平板玻璃市場擴張的主要因素。創新的建築材料在幫助智慧城市實現永續、高效和美觀的目標方面發揮關鍵作用。智慧城市採用尖端技術來提高城市生活品質。由於其卓越的功能性和適應性,平板玻璃在該領域發揮著重要作用。
由於創建智慧城市的支出,預計玻璃市場在預測期內將成長更快。例如,為了發展 100 個智慧城市,印度政府啟動了一個名為「智慧城市使命」的計畫。政府在 2023-24 年預算中撥出 96.2 億美元用於改善、更新和擴大城市。截至 2023 年 11 月,已分配資金的 90% 已使用,支出總額為 85.5 億美元。預計這些變化將在預測期內增加全球產品需求。
能源效率玻璃解決方案的技術發展
玻璃技術的不斷發展,特別是能源效率的不斷發展,是全球產業的另一個重要驅動力。隨著全球環保意識的增強,永續和節能的建築方法變得越來越重要。因此,這對市場有正面影響。
例如,2022年,聖戈班推出了新型高反光玻璃MIRASTAR REFLECT。本產品具有高水準的不透明度和反射率,透光率僅為0.1%,光反射率為55%。即使在高濕度環境下也很耐用,最適合鏡面牆壁固定應用。
原料成本高
製造平板玻璃需要大量能源成本,嚴重限制了全球市場。平板玻璃生產是一個能源密集型過程,需要大量電力和天然氣來將原料熔化到高溫。能源價格的變化,特別是由於市場波動和地緣政治動盪而導致的變化,可能會顯著提高製造成本。
例如,供應限制和地緣政治緊張局勢導致歐洲能源價格近期飆升,增加了玻璃製造商的營運成本。更大的費用經常轉移到供應鏈上,從而提高最終產品的價格,並可能降低平板玻璃產品的適銷性。
供應鏈中斷
原料的供應和成品平板玻璃產品的物流都受到供應鏈中斷的影響。在平板玻璃業務中,經常採用準時交貨方式來節省倉儲費用並保證專案按期完成。運輸網路中斷(例如港口交通、運輸滯留或跨境運輸限制)可能會嚴重延遲向客戶交付成品。
製造商及其客戶可能會因這些延誤而面臨財務壓力,這也會影響專案成本,導致施工進度延誤,並導致合約罰款。供應鏈中斷會影響平板玻璃成品的物流以及原料的供應。平板玻璃產業經常採用準時交貨方式,以節省倉儲費用並保證專案按期完成。
Overview
Global Flat Glass Market reached US$ 114.1 billion in 2023 and is expected to reach US$ 164.8 billion by 2031, growing with a CAGR of 4.7% during the forecast period 2024-2031.
The demand for innovative flat glass products including low-emissivity (low-E) glass, solar control glass, and double-glazed units is driven by modern architectural trends that value energy efficiency and aesthetic appeal. In line with international initiatives to support green construction and environmental conservation, these items assist in lowering energy consumption and enhancing building sustainability.
Rapid urbanization and the growing building sector drive notable growth globally flat glass market. Flat glass is widely used in windows, facades, partitions, and other architectural features due to population migration and the resulting growth in demand for residential, commercial, and infrastructure construction.
Asia-Pacific is among the growing regions in the global flat glass market covering more than 1/3rd of the market. Owing to the region's businesses working together and the quick advancement of Product. Furthermore, the market is anticipated to increase as smart glasses become more and more popular among fitness enthusiasts and athletes in nations like the U.S. and Canada. For example, the Everysight Raptor and Solos Smart Glasses are made especially for runners, cyclists, and triathletes since they enable them to perform to their best by showing real-time data like heart rate and average pace, among other things.
Dynamics
Increasing Investments in the Development of Smart Cities
The rise in expenditures towards the creation of smart cities is a major factor propelling the globally flat glass market's expansion. Innovative construction materials play a critical role in helping smart cities achieve their goals of sustainability, efficiency, and aesthetic appeal. Smart cities incorporate cutting-edge technology to improve the quality of urban living. Because of its superior functionality and adaptability, flat glass plays an important role in this sector.
The glass market is anticipated to grow faster during the forecast period due to expenditures made in creating smart cities. To develop 100 smart cities, for example, the Indian government has started a project named Smart Cities Mission. The government has set aside an amount of US$ 9.62 billion in its 2023-24 budget to improve, renew and expand cities. Ninety percent of the funds allotted have been used as of November 2023, with a total expenditure of US$ 8.55 billion. The changes are projected to increase global product demand during the projection period.
Technological Developments in Glass Solutions for Energy Efficiency
The continuous development of glass technology, particularly in energy efficiency, is another important driver of the global industry. Sustainable and energy-efficient construction methods are becoming more and more important as environmental awareness grows on a global scale. Consequently, this is having a positive effect on the market.
For Instance, in 2022, Saint Gobain unveiled its new highly reflective glass, MIRASTAR REFLECT. The product has a high level of opacity and reflection, with only 0.1% Light Transmission and 55% Light Reflection. It is durable even in high-humidity environments and best suits mirrored wall-fixed applications.
High Cost of Raw Materials
Manufacturing flat glass entails substantial energy costs, significantly constraining the global market. Flat glass production is an energy-intensive process that demands a lot of power and natural gas to melt raw materials to a high temperature. The variations in energy prices, especially as a result of market swings and geopolitical unrest, can significantly raise the cost of manufacturing.
For instance, supply restrictions and geopolitical tensions have resulted in recent surges in energy prices in Europe, which have increased operating costs for glass makers. The greater expenses are frequently transferred down the supply chain, raising final product prices and perhaps lessening the marketability of flat glass products.
Supply Chain Disruptions
The availability of raw materials and the logistics of completed flat glass products are both impacted by supply chain interruptions. In the flat glass business, just-in-time delivery methods are frequently used to save storage expenses and guarantee project completions on schedule. Delivering completed goods to clients can be seriously delayed by disruptions in transportation networks, such as port traffic, shipping hold-ups, or cross-border movement limitations.
Manufacturers and their clients may face financial pressure as a result of these delays, which can also influence project costs, cause delays in construction schedules, and result in contractual fines. Disruptions in the supply chain have an effect on the logistics of completed flat glass goods as well as the availability of raw materials. Just-in-time delivery methods are frequently used in the flat glass sector to save storage expenses and guarantee project completions on schedule.
The global flat glass market is segmented based on product, technology, application, and region.
Expansion of the Flat Glass Growth in the Construction & Building Industry
The construction & building segment is among the growing regions in the global flat glass market covering more than 1/3rd of the market. One of the main factors driving the global flat glass market is the expansion of the building and construction industry, which is heavily impacted by urbanization, especially in emerging nations. The need for residential, commercial, and infrastructure development is growing as more people move from rural to urban regions.
The popularity of skyscrapers and high-rise structures, which frequently employ flat glass for both their interior and exterior, further drives market demand. Excellent flat glass is also required in modern architectural designs that place a premium on energy efficiency, natural light, and aesthetic appeal. North America's total residential building industry is mostly dominated by the U.S. The U.S. Census Bureau reports that in 2021, residential building in the country was valued at US$ 802,933 million, up from US$ 644,257 million in 2020.
Increasing Use of Glass-based Architecture in Both Residential and Non-Residential Applications in Asia-Pacific
Asia-Pacific has been a dominant force in the global flat glass market. The demand for flat glass is expected to increase due to the region's growing building activities and the growing use of glass-based architecture in residential and non-residential applications, particularly from the region's rising countries. The need for flat glass is predicted to rise in the area due to factors including the region's strong economic expansion, growing disposable incomes, and the ensuing rise in the demand for residential housing and solar systems.
Glass construction gives structures a more aesthetically acceptable and appealing appearance. There is a chance that glasses will float since they are widely utilized in the construction sector in windows, doors, balustrades, shop fronts, facades, internal partitions, and railings for staircases and balconies, among other building elements.
One of the biggest construction industries in the Asia-Pacific has been expanding steadily because of the region's rapidly developing economy, increasing urbanization, and increased infrastructure investment. Asia-Pacific's construction production is predicted to increase by 50% or US$ 2.5 trillion, between 2020 and 2031, reaching a US$ 7.4 trillion market.
China has the largest building market globally, accounting for 20% of all construction investment. The country is expected to spend around US$ 13 trillion on buildings over the next seven years. According to IBEF, the country planned to spend US$ 1.4 trillion on infrastructure projects from 2019 to 2023 through the National Infrastructure Pipeline (NIP) to ensure India's sustainable development.
The COVID-19 pandemic has significantly disrupted supply and demand dynamics in the globally flat glass industry. At first, building and automobile manufacturing two main users of flat glass slowed down significantly due to the extensive lockdowns and limitations to stop the virus's spread. It led to a decline in demand and significant financial hardship for flat glass producers.
Restrictions on logistics and transportation also seriously affected supply chains, delaying the delivery of both raw materials and completed products. Production capabilities and efficiency were further impacted by operational issues that factories encountered, such as a scarcity of labor and the requirement to follow safety standards.
The pandemic sped up several tendencies that finally helped the flat glass industry recover to some extent. The need for specialty flat glass products rose as a result of the increased emphasis on healthcare infrastructure, a growing demand for energy-efficient buildings, and the growing interest in solar energy as part of the global move towards sustainable practices.
Furthermore, the spike in house remodeling and remote work during lockdowns led to more residential building and renovation activities, which raised the need for flat glass. Notwithstanding these areas of expansion, the market as a whole saw considerable instability and difficulties; the long-term recovery was strongly correlated with the expansion of the economy and the post-pandemic stabilization of supply chains.
The world market for flat glass, which is necessary for the building, automobile, and solar energy industries, has been severely impacted by the ongoing conflict between Russia and Ukraine. Owing to supply chain interruptions brought on by the conflict, raw resources like soda ash and silica sand which are essential for the manufacturing of glass are becoming more scarce and more expensive.
Additionally, the important providers of these commodities include Russia and Ukraine, whose decreased output as a result of the conflict has put pressure on international supply networks. Sanctions against Russia have also made it harder to obtain raw materials and completed glass goods from the area, which has increased scarcity and raised prices.
The major global players in the market include Asahi India Glass Limited, Central Glass Co., Ltd, Guardian Industries Holdings, Saint Gobain, SCHOTT Glass, PPG Industries, Inc., CSG Holding Co., Ltd, Taiwan Glass, Duratuf Glass Industries Ltd., and Sisecam Group.
The global flat glass market report would provide approximately 62 tables, 60 figures, and 182 Pages.
Target Audience 2024
LIST NOT EXHAUSTIVE