The Asia-Pacific is expected to be the largest and the fastest-growing market for flat glass during the forecast period. The high demand for flat glass in this region can be attributed to the rising demand from the construction & infrastructural sectors. The high penetration of flat glass products in this region can also be attributed to the growth in sectors, such as automotive & transportation, solar energy, and home appliances. The presence of key players, such as Asahi Glass, Nippon Sheet Glass, Taiwan Glass, and Saint-Gobain is also expected to support the growth of the market in the coming years.
Asia-Pacific was the largest market for flat glass in 2016, owing to the high demand from the construction & infrastructure and automotive & transportation sectors. The growth of the solar energy industry in this region has fueled the demand for flat glass in the region. The increased focus of India and China on producing electricity through renewable sources and increasing solar energy installations in China, Japan, India, and other emerging countries will create boost the demand for flat glass in the coming years. The growing automotive production will further drive the growth of the flat glass market in the region.
Some of the key global players operating in the flat glass market are Asahi Glass (Japan), Saint-Gobain (France), Nippon Sheet Glass (Japan), Guardian Industries (U.S.), and Taiwan Glass (Taiwan).
