Technavio has announced the top five leading vendors in its recent global coated flat glass market report
Technavio has announced the top five leading vendors in its recent global coated flat glass market report until 2021. This research report also lists ten other prominent vendors that are expected to impact the market during the forecast period.
The research study by Technavio on the global coated flat glass market for 2017-2021 provides a detailed industry analysis based on the technology (pyrolytic coating, magnetron sputtering technology, sol-gel technology, and nanotechnology), type (coated low-E glass, coated solar control glass, and coated self-cleaning glass), application (residential, commercial, automotive, and solar), and geography (Europe, the Americas, APAC, and MEA).
“The global coated flat glass market is projected to grow to nearly USD 34,600 million by 2021, at a CAGR of more than 6% over the forecast period. The recycling of glass waste material in glass manufacturing process is a key factor impacting the market growth,” says Hitesh Bhatia, a lead analyst at Technavio for glass and ceramics research.
The global coated flat glass market is characterized by a highly fragmented market landscape with a mix of several well-established and small players. Major vendors operating in the market include ASAHI GLASS, Euroglas, Guardian Industries, Nippon Sheet Glass, and Saint-Gobain.
The demand for coated flat glass is growing due to increase in the number of high-end buildings, which is leading to huge investment in terms of customized design, size, and advanced features. Therefore, vendors are coming up with new product features. Glass walls, glass façade buildings, and glass roof panels are some of the upcoming trends in the global coated flat glass market.
Asahi Glass specializes in the manufacturing of sheet glass. The company has three business divisions on the basis of their glass applications. The company caters the glass markets for automotive, construction, domestic household, and solar applications.
Euroglas was established by the association of five autonomous medium- and small-sized glass processing companies. The company is involved in the production of float glass, extra-white glass, laminated safety glass, coated glass for solar control and thermal insulation, solar glass, and glass for interior applications.
Guardian Industries is a manufacturer of glass, automotive products, and building products. The glass products segment of the company offers glass products to the commercial, residential, interior, automotive, and technical glass industries.
Nippon Sheet Glass manufactures and sells glass and glazing systems for the construction (solar control glass, fire-resistant glass, and safety and security glazing), automotive, and technical glass markets. It has manufacturing operations in 28 countries and offers products in 130 countries.
Saint-Gobain is involved in the habitat and construction market. It designs, manufactures, and distributes building and high-performance materials. The company caters to the automotive, buildings, ceramics, cement and glass, chemical, defense and security, display glass, energy, life sciences, electronic ceramics and semiconductors, and oil and gas industries.