Global Glass and Glass Product Manufacturing Market Production, Revenue, Price Trend & Forecast Report 2020
The key objective was to gift a comprehensive discussion of wherever the progressive is in glass and glass products manufacturing and forecast the long run business potential for the key market segments. Of explicit focus was characterizing and quantifying the potential of the marketplace for glass and glass products manufacturing by geographics, and merchandise. This market is estimated to achieve $232.4 billion in 2020 from $199.4 billion in 2017 at a CAGR of 5.2% for 2016-2020. This discussion provides a basis for firms to form strategic decisions regarding new products and market applications required in their organizations.
GlobalMarket forGlass andGlassProducts reached$189.5 billion in 2016. This market is estimated to reach $232.4 billion in 2020 from $199.4 billion in 2017 at a compound annual growth rate (CAGR) of 5.2% for 2016-2020.
-90 data tables
-An overview of the global market for glass and glass products.
-Analyses of market trends, with data from 2012 through 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2020.
-Evaluation of the market across regions.
-Comprehensive discussions of where the state-of-the-art is in glass and glass products manufacturing.
-Market dynamics, including market drivers, restraints, and opportunities.
-Company profiles of the major players in the industry.
This study was to determine the global market and future demand growth for glass and glass products manufacturing over the five-year period from 2016 through 2020. Of particular focus was characterizing and quantifying the potential of the market for glass and glass products manufacturing by geography, and product (i.e., flat glass, container glass, and glassware & other glass products).
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The report also evaluates the market across each geography. Opportunities in each type of geography have been discussed in detail. Factors that affect the market such as drivers, restraints, and trends have been discussed. The key objective was to present a comprehensive discussion of where the state-of-the-art is in glass and glass products manufacturing and forecast the future commercial potential for the key market segments.
This discussion provides a basis for companies to make strategic choices about developing new products and markets or deciding which applications are needed in their organizations. The study will benefit glass and glass products manufacturing, providers of raw materials, users of glass and glass products manufacturing, construction companies, governments around the world, and others.
Study Goals and Objectives
-To sum up the global glass and glass products manufacturing market size.
-To estimate the growth rate of the global glass and glass products manufacturing market.
-To segment the market in the deepest possible way.
-To provide market numbers and growth rates at geographically.
-To identify major drivers and restraints.
-To identify key trends and technology updates in the field.
Reasons for Doing This Study
Increasing investments in the construction and automobile manufacturing industries in developing countries, including India, China, and Brazil has led to an increase in demand for glass and glass products market. The global glass and glass products manufacturing market is growing due to continued economic growth, positive demographic trends, reforms and initiatives by governments, policies inviting foreign investment, urbanization, increasing income levels, and comparatively cheap labor. These factors are expected to drive the glass and glass products manufacturing market.
The market for glass and glass products manufacturing is marginally consolidated with a few large players, dominating the market. Major players in the market include Asahi Glass, Owens-Illinois, Saint-Gobain, Guardian Industries, Nippon Sheet Glass Co., Ltd, Corning Inc.and others.
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