Construction Glass Market is predicted to grow at approximately 7% by 2022

(EstateNewsWire.com, October 12, 2017 ) The Global Construction Glass Market is majorly driven by the high growth of the construction industry. The increase in per capita income and the trend of safe and sustainable construction are expected to drive the demand of glass in Construction purpose. The rapid shift in consumer preference i.e. preferring new innovative infrastructure over traditional building structures is further contributing to the growth of this market. The rise in the movement of rural population to urban areas in developing countries is creating demand for new construction, also driving the growth of the Construction Glass Market. The demand of factories, offices, manufacturing plants and other constructions is increasing significantly due to rapid industrialization, adding to the growth of the Construction Glass Market.

The report has been analyzed based on applications, types and regions. Among all applications, the commercial segment is expected to grow rapidly. The migration of population from rural areas to urban areas in developing countries is increasing, owing to which the demand for new construction, such as residential societies, mall, offices, factories, and manufacturing plants is increasing rapidly. With increase in the disposable income of people and a shift in their preferences towards better and decorative construction, the residential segment is also growing rapidly.

Market Highlights:
The factors driving the growth of the Global Construction Glass Market are the need for energy saving and technological advancement in glass industry. The demand for green buildings and value added glass products are further boosting the growth of the Global Construction Glass Market. Due to its broad variety of properties, construction glass is the most commonly used construction material to replace conventional building materials, such as wood, polycarbonate, and brick. Construction Glass is a transparent glazing material used in external walls, windows and glass doors and comprises of chemical and physical properties. For instance, besides being the least affected by climatic conditions and flexible in molding, properties such as solar protection and temperature control, high resistance to chemical & electricity, make it the most viable building material in the construction industry.

North America Accounts for the Highest Market Share:
Asia-Pacific region is expected to dominate the market due to increase in demand for value added products, aggressive pricing, and competition and rising consumer spending. The region is also expected to be the fastest growing market for Construction Glass, owing to the increase in construction in urban area to fulfill the needs of the people shifting from rural areas to urban areas. In North America region, the market is expected to remain constant, owing to the well-developed infrastructure in the region and the low need for new construction or modification of existing building structures.

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Market Research Analysis:
Among all types of Global Construction Glass Market, special glass is expected to grow significantly. Special glasses are manufactured for specific applications using multiple layers of glass made from various materials. The ability of these glasses to offer sun protection, temperature control, reduced reflection, and low heat emissivity is contributing to the growth of this market. These glasses also offer self-cleaning properties which are expected to increase the use of Construction Glass in the construction industry.

Asia-Pacific region is dominating the Construction Glass Market due to rapid industrialization and increase in construction activities in developing countries, such as India and China, with the rise in consumption of Construction Glass. The demand for Construction Glass in North America and Europe is expected to remain stable and witness positive growth during the forecast period. The enhanced properties of Construction Glass, such as solar control and temperature control, are also contributing to the growth of Construction Glass Market in the region.

Scope of the Report:
This study provides an overview of the Global Construction Glass Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Construction Glass Market by its application, type and region.

By Application
• Commercial
• Residential
• Others

By Type
• Flat glass
• Special Glass

By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

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