Irving, Texas (PRWEB) April 10, 2013
The global flat glass industry experienced robust growth in 2011-2012, driven by the growing demand for value-added products with new attributes, including advanced acoustic control and water management features. The industry is expected to perform well over the next five years, driven by global economic growth and technological advancement. Lucintel anticipates good opportunities for growth in this market during the next five years (2013-2018) and estimates the global opportunities in flat glass industry at approximately $ 78.6 billion in 2018.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of the industry and presents its findings in Global Flat Glass Industry 2013-2018: Trend, Profit, and Forecast Analysis. Flat glass is a type of glass that constitutes raw materials such as soda ash and sand processed through float glass process. It is used in transparent walls, glass doors, furniture, computer monitors, and vehicles.
The industry, which is highly consolidated, consists of building flat glass, automotive flat glass, and specialty flat glass. China dominates the industry with the largest market share. The industry is largely dominated by five leading companies. Advancement in technology, intense competition, government policies, and safety regulations significantly affect industry dynamics.
Rising costs of raw materials and energy are some of the challenges before the industry. Substantial opportunities, including safety regulations and innovations such as energy-saving and heat resistance glass, however, are driving the industry to new growth. Nanotechnology in flat glass and solar control glazing are emerging trends within the industry.
This transportation industry reports provides an overview of the global flat glass industry, tracking three segments of the industry performance in four geographic regions. Thus, 12 segments of the global flat glass industry are tracked. The report studies manufacturers of building glass, automotive glass and specialty glass, providing a five-year annual trend analysis that highlights market size, profit and cost structure for North America, Europe, Asia Pacific and Rest of the World regions. The report also provides a forecast, addressing market opportunities for the next five years for each these region.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, automotive consulting and cost efficiency. To learn more, visit http://www.lucintel.com.