Rising Popularity of Panel Glass Market – Analysis by Key Provinces, Manufacturing Technology and Development Forecast 2025
According to a new report published by Reports Monitor titled, “Panel Glass Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Panel Glass Market was valued at XX million in 2016 and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Panel Glass Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Due to the properties it possesses, insulated glass is used for a variety of purposes. Insulated glass is commonly used for shower enclosures. As the regular glass may be prone to shattering, insulated glass is used as sliding glass doors as they require a lot of movement. It is also used in windows. Due to its strength and ability to handle rough use, insulated glass is a preferred choice for offices & glass doors. Insulated glass has greater strength and durability and aesthetic look which appeals everyone.
The market is growing on large scale due to various growth factors such as the glass allows natural light to enter, as a result of which it saves energy and low electricity bills. However, glass panel interior doors are resistant to termites and other insects and adds charm and beauty. Glass panels do not swell from the exposure to moisture. Moreover, glass panels are non-corrosive in nature.
On the basis of segmentation, the market is divided into various segments such as technology, product type, end-user, and region. The technology segment is classified into float, rolled, and sheet. The type of products includes basic float glass, coated glass, extra clear glass, laminated glass, toughened glass, and others. The coated glass segment is further categorized into soft coat and hard coat. The end-user segment is bifurcated into automotive & transportation, construction & infrastructure, solar energy, and others.
Key Question Answered:
•What will be the market size in 2025 and at what rate it will grow?
•Who are the major key players in global panel glass market and what are their strategies?
•Which vertical industry is expected to show major growth?
•What segment and region will lead the market and why?
The major companies profiled in the report include: Asahi Glass, China Glass Holdings Limited, China Luoyang Float Glass Group, Fuyao Glass Industry Group, Nippon Sheet Glass, Qingdao Kangdeli Industrial & Trading Co., Saint-Gobain, Shandong Jinjing Science and Technology Stock co. ltd, and Tianjin CSG Architectural Glass.
About Garner Insights:
We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.