Global Building And Construction Glass Market Size 2024, Forecast To 2033
6 Mar, 2024
The building and construction glass market size has grown strongly in recent years. It will grow from $105.07 billion in 2023 to $114.75 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to urbanization and population growth, architectural trends, energy efficiency concerns, economic conditions, globalization and trade. The building and construction glass market size is expected to see strong growth in the next few years. It will grow to $156.83 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to sustainable building practices, population density and urban development, stringent energy efficiency regulations, infrastructure development projects, global economic trends. Major trends in the forecast period include innovations in glass technology, smart building technologies, rising popularity of specialty glass, sustainable and recyclable materials, BIM (Building Information Modeling) integration.
Global Building and Construction Glass Market Key Driver
The building and construction glass market are poised for growth, propelled by the development of green buildings worldwide. Green building practices focus on environmental sustainability and resource efficiency, promoting the use of sustainable materials, energy conservation, and waste reduction. Building and construction glass play a pivotal role in green buildings, offering energy-efficient solutions that contribute to reduced energy consumption and costs. As of October 2022, the US Green Building Council reported a significant increase in LEED-certified projects, with over 36,835 projects totaling 4.63 billion gross square feet receiving certification between 2017 and 2021. Additionally, over 5,000 new projects were certified in the first three quarters of 2022, with the United States, Canada, East Asia, and Europe leading in certification numbers. This emphasis on green building practices underscores the growing demand for environmentally sustainable solutions in the construction sector, driving the building and construction glass market. Market size projections for 2023, 2024, and 2028 are expected to mirror this growth trajectory, reflecting the increasing adoption of green building practices worldwide.
Get A Free Sample Of The Global Building and Construction Glass Market ReportGlobal Building and Construction Glass Market Segments
The building and construction glass market covered in this report is segmented –
1) By Type: Low-E Glass, Special Glass
2) By Manufacturing Process: Float Glass Process, Rolled Or Sheet Process
3) By Chemical Composition: Soda-Lime, Potash-Lime, Potash-Lead
4) By Application: Residential, Non-Residential
By Geography:The regions covered in the building and construction glass market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Asia-Pacific was the largest region in the building and construction glass market in 2023. The regions covered in the building and construction glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Building and Construction Glass Industry Players
AGC Inc., Central Glass Co. Ltd., Guardian Industries, Nippon Sheet Glass Co. Ltd., PPG Industries Inc., Compagnie de Saint-Gobain S.A., Schott AG , China Glass Holdings Ltd., Xinyl Gas Holdings Limited, Dellner Glass Solutions, Fuyaogroup.com, Guangzhou Topo Glass Co. Ltd., arcon Flach- und Sicherheitsglas GmbH and Co. KG, Beijing Northglass Technologies Co. Ltd., Cardinal Glass Industries Inc., Asahi India Glass Limited, Sisecam, Euroglas GmbH, GSC Glass Private Limited, HNG Float Glass Limited, Jinjing Group Co. Ltd., KIBING Group, Luoyang Glass Company Limited, Shanghai Yaohua Pilkington Glass Group Co. Ltd., Taiwan Glass Industry Corporation, Vitro, S.A.B. de C.V., China Yaohua Glass Group Co. Ltd., Fuso Glass India Pvt. Ltd., Glaston Corporation, Oldcastle BuildingEnvelope, Sangalli Group
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Building and Construction Glass Market Overview
Building and construction glass refers to glass products made especially for construction and building material. It is used for building traditional windows as well as delicate-looking fenestrations on facades.
Building and Construction Glass Global Market Report 2023 provides data on the global building and construction glass market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The building and construction glass market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.