Asia Pacific Float Glass Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Clear Glass, Tinted Glass, Textured Glass, and Others) and Application (Automotive and Transportation, Building and Construction, Electronics, and Others)
The APAC float glass market is expected to grow from US$ 24,363.07 million in 2021 to US$ 33,221.59 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028.
There has been a rise in energy-efficient and sustainable float glass for various end-use industries such as building & construction, automobile, and electronics in recent years. Energy efficiency refers to the ability of the glass to regulate indoor temperature, which will help keep the interiors relatively cool during summers and warm during winters. Some manufacturers are producing energy-efficient float glass for the consumers to reduce the energy bills of residential houses and offices and conserve the environment. For instance, Asahi India Glass Limited provides energy-efficient float glass and is 100% recyclable and non-toxic, which minimizes the carbon footprint. The glass supplied by the company is also designed to be copper and lead-free for environmental preservation. Along with this, Pilkington provides Optifloat, a recyclable clear float glass, and the manufacturing plants meet the stringent demands of international standard ISO 14001. Thus, increasing demand for energy-efficient and sustainable float glass and rising focus of the manufacturing companies on providing such float glass are providing growth opportunities for the APAC float glass market.
In case of COVID-19, APAC is highly affected specially India. The governments of APAC countries are taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The emergence of new COVID-19 waves in India, Thailand, and other Asian economies has prolonged the effect upon GDP. The ongoing COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of APAC. However, the uncertainty regarding the future outbreak, especially in countries such as India and a few other Asian countries, has altered the status of several industrial sectors. The governments of various APAC economies are taking possible steps to restrict the spread of the virus by announcing country-wide lockdown, which have a direct impact upon the growth of industrial sectors. This may impact the demand for float glass. The fast recovery and re-start of construction projects in China along with the recovery of oversea projects has increased the float glass requirement, which reached a peak in January 2021.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC float glass market. The APAC float glass market is expected to grow at a good CAGR during the forecast period.
APAC Float Glass Market Segmentation
APAC Float Glass Market – By Type
- Clear Glass
- Tinted Glass
- Textured Glass
- Others
APAC Float Glass Market – By Application
- Automotive and Transportation
- Building and Construction
- Residential
- Commercial
- Industrial
- Electronics
- Others
APAC Float Glass Market, by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
APAC Float Glass Market - Companies Mentioned
- AGC Inc.
- China Glass Holdings Limited
- Guardian Industries Holdings
- Nippon Sheet Glass Co., Ltd
- Qingdao Migo Glass Co.,Ltd.
- Saint-Gobain Glass India
- SCHOTT AG
- Shenzhen Sun Global Glass Co., Ltd
- Xinyi Glass Holdings Limited
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. APAC Float Glass Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.3.1 Raw Material:
4.3.2 Manufacturing/Process:
4.3.3 End Use:
4.4 Expert Opinion
5. APAC Float Glass Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Escalating Demand from Building & Construction Industry
5.1.2 Surge in Preference for Float Glass in Electronic Industry
5.2 Market Restraints
5.2.1 Volatility in Prices of Raw Materials
5.3 Market Opportunities
5.3.1 Rising Use of Energy-Efficient and Sustainable Float Glass
5.4 Future Trends
5.4.1 Growing Applications of Float Glass in Solar Industry
5.5 Impact Analysis of Drivers and Restraints
6. Float Glass Market– APAC Analysis
6.1 APAC Market Overview
6.2 APAC Float Glass Market –Revenue and Forecast To 2028 (US$ Million)
7. APAC Float Glass Market Analysis – By Type
7.1 Overview
7.2 APAC Float Glass Market, By Type (2020 and 2028)
7.3 Clear Glass
7.3.1 Overview
7.3.2 Clear Glass: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Tinted Glass
7.4.1 Overview
7.4.2 Tinted Glass: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Textured Glass
7.5.1 Overview
7.5.2 Textured Glass: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC Float Glass Market Analysis – By Application
8.1 Overview
8.2 APAC Float Glass Market, By Application (2020 and 2028)
8.3 Automotive and Transportation
8.3.1 Overview
8.3.2 Automotive and Transportation: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Building and Construction
8.4.1 Overview
8.4.2 Building and Construction: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
8.4.3 Residential
8.4.3.1 Overview
8.4.3.2 Residential: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
8.4.4 Commercial
8.4.4.1 Overview
8.4.4.2 Commercial: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
8.4.5 Industrial
8.4.5.1 Overview
8.4.5.2 Industrial: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Electronics
8.5.1 Overview
8.5.2 Electronics: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Float Glass Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Float Glass Market – Country Analysis
9.1 Overview
9.1.1 APAC: Float Glass Market, by Key Country
9.1.1.1 Australia: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Float Glass Market, by Type
9.1.1.1.2 Australia: Float Glass Market, by Application
9.1.1.1.3 Australia: Float Glass Market, by Building and Construction
9.1.1.2 China: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Float Glass Market, by Type
9.1.1.2.2 China: Float Glass Market, by Application
9.1.1.2.3 China: Float Glass Market, by Building and Construction
9.1.1.3 India: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Float Glass Market, by Type
9.1.1.3.2 India: Float Glass Market, by Application
9.1.1.3.3 India: Float Glass Market, by Building and Construction
9.1.1.4 Japan: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Japan: Float Glass Market, by Type
9.1.1.4.2 Japan: Float Glass Market, by Application
9.1.1.4.3 Japan: Float Glass Market, by Building and Construction
9.1.1.5 South Korea: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Float Glass Market, by Type
9.1.1.5.2 South Korea: Float Glass Market, by Application
9.1.1.5.3 South Korea: Float Glass Market, by Building and Construction
9.1.1.6 Rest of APAC: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: Float Glass Market, by Type
9.1.1.6.2 Rest of APAC: Float Glass Market, by Application
9.1.1.6.3 Rest of APAC: Float Glass Market, by Building and Construction
10. Impact of COVID-19
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 AGC Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nippon Sheet Glass Co., Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 China Glass Holdings Limited
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Guardian Industries Holdings
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SHENZHEN SUN GLOBAL GLASS CO., LTD
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Saint-Gobain Glass India
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SCHOTT AG
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 QINGDAO MIGO GLASS CO.,LTD.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Xinyi Glass Holdings Limited
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. APAC Float Glass Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. Australia Float Glass Market, by Type– Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia Float Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia Float Glass Market, by Building and Construction– Revenue and Forecast to 2028 (US$ Million)
Table 5. China Float Glass Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. China Float Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. China Float Glass Market, by Building and Construction– Revenue and Forecast to 2028 (US$ Million)
Table 8. India Float Glass Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. India Float Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. India Float Glass Market, by Building and Construction– Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan Float Glass Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan Float Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan Float Glass Market, by Building and Construction – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea Float Glass Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea Float Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea Float Glass Market, by Building and Construction – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC Float Glass Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC Float Glass Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC Float Glass Market, by Building and Construction– Revenue and Forecast to 2028 (US$ Million)
Table 20. Glossary of Terms
LIST OF FIGURES
Figure 1. APAC Float Glass Market Segmentation
Figure 2. APAC Float Glass Market Segmentation – By Country
Figure 3. APAC Float Glass Market Overview
Figure 4. Clear Glass Segment Held Largest Share of the Market in 2020
Figure 5. China Held Largest Share of the Market in 2020
Figure 6. Porter's Five Forces Analysis
Figure 7. APAC Float Glass Market, Ecosystem
Figure 8. Expert Opinion
Figure 9. APAC Float Glass Market Impact Analysis of Drivers and Restraints
Figure 10. APAC: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 11. APAC Float Glass Market Revenue Share, By Type (2020 and 2028)
Figure 12. APAC Clear Glass: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. APAC Tinted Glass: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. APAC Textured Glass: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. APAC Others: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 16. APAC Float Glass Market Revenue Share, By Application (2020 and 2028)
Figure 17. APAC Automotive and Transportation: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. APAC Building and Construction: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. APAC Residential: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. APAC Commercial: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. APAC Industrial: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22. APAC Electronics: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. APAC Others: Float Glass Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. APAC: Float Glass Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 25. APAC: Float Glass Market Revenue Share, by Key Country (2020 and 2028)
Figure 26. Australia: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 27. China: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 28. India: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. South Korea: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of APAC: Float Glass Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic on Float Glass Market in APAC
- AGC Inc.
- China Glass Holdings Limited
- Guardian Industries Holdings
- Nippon Sheet Glass Co., Ltd
- Qingdao Migo Glass Co.,Ltd.
- Saint-Gobain Glass India
- SCHOTT AG
- Shenzhen Sun Global Glass Co., Ltd
- Xinyi Glass Holdings Limited
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC float glass market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC float glass market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the float glass market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution