Albany, NY -- (SBWIRE) -- 12/26/2017 -- This research report offers a comprehensive analysis of the "Global Market Study on Flat Glass: Automotive and Solar Applications Expected to Remain Lucrative Segments During 2017 - 2025" the main objective of this report is to deliver insightful information and clear-cut facts pertaining to the growth trajectories of the market.

Request to view Sample Report @ https://www.mrrse.com/sample/4076

Growth in construction and automotive end-use industries to fuel global flat glass market revenue in the coming years

The growth of the global flat glass market is anticipated to witness a boom in the coming years owing to a burgeoning construction and automotive industry worldwide. Also, increase in government investments in renewable energy sources will also trigger global market demand for flat glass in solar applications. A significant increase in the construction sector in Latin America is also expected to boost market revenue growth in the near future. There is a growing shift in focus towards the construction of energy efficient buildings and renovation of existing infrastructure. Countries are also moving towards renewable solar energy for use in multiple applications. All these factors are expected to positively impact demand and revenue growth of the global flat glass market in the next few years. As the construction and automotive industries are the major end users of flat glass, manufacturers of flat glass can benefit from lucrative growth opportunities across these two industry sectors, especially from the growing automotive industry in several Asian countries.

Building & Construction sector followed by the Automotive industry to witness highest revenue growth in the global flat glass market

Of the various applications of flat glass, the Building & Construction sector is anticipated to lead the global flat glass market in terms of revenue share, estimated to hold more than 70% value share in the global flat glass market throughout the forecast period. This segment is projected to dominate the market by the end of 2017 and will likely remain steady in terms of market growth. The Building & Construction segment is projected to create a total incremental $ opportunity of about US$ 22 Bn between 2017 and 2025 while the Automotive segment is estimated to create a total incremental $ opportunity of US$ 4,752.2 Mn between 2017 and 2025.

The Automotive sector however, is expected to witness good progress in the coming years. This segment is anticipated to hold about 14% value share of the global flat glass market throughout the forecast period. In the automotive industry, flat glass is typically sold through the aftermarket and by OEMs. The automotive industry in Asia Pacific is likely to witness a significant demand for flat glass, owing to the rapid growth of the sector across the region. A rapid increase in the production of automobiles in the world is the key reason for the utilization of flat glass. Aftermarket replacement glass for automotive is also expected to contribute to the growth of the global flat glass market in the coming years.

Browse Full Report with TOC @ https://www.mrrse.com/flat-glass-market

Applications of flat glass across different end-use industries

Flat glass is expected to be in high demand in solar panels, given a conscious shift towards renewable sources of energy for the generation of electric power that has led to a surge in the manufacture of solar panels. The increased interest in creating a sustainable future has aided well in the demand for such panels that predominantly use flat glass as a protective shield, thereby biding well for the growth of the float glass market in the near future. The furniture industry is anticipated to witness ups and downs owing to a highly fragmented value chain. The wood or lumber industry is also likely to impact the flat glass market as furnishings and other products use flat glass for several applications. The electronics industry is on a steady growth at a global level and will continue to be so especially in the Asia Pacific region, thereby having a high impact on the global flat glass market in the foreseeable future.

Enquire about this Report @ https://www.mrrse.com/enquiry/4076

About (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE's repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us                                                               

State Tower                                                                              
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/