Global Glass and Glass Products Market Heads Towards New Highs with Driven Demand and Industry Trends by 2025

 

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What is the Projected Size and Growth Forecast for the Global Glass and Glass Products Market?
The glass and glass products market has seen strong growth over the recent years. The market size is forecasted to grow from $230.7 billion in 2024 to $243.43 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth can be attributed to factors such as the architectural boom, growth in the automotive industry, expansion in consumer electronics, industrialization, and manufacturing needs.

Further, the market is projected to continue it's steady growth, reaching $287.2 billion in 2029 at a CAGR of 4.2%. The growth drivers for this period include initiatives in green building, advancements in smart glass technologies, the rise of electric and autonomous vehicles, increased focus on safety, and advancements in display technologies. Key trends for this period include the growing preference for recycled glass, digital transformation in glass manufacturing, expanding use of glass in electronics, safety and security considerations, and global urbanization trends.

For a free snippet of The Global Glass and Glass Products Market Report, visit: https://www.thebusinessresearchcompany.com/sample.aspx?id=9630&type=smp

What are the Key Drivers Stimulating the Growth of the Market?
A key growth driver for the glass and glass products market is the growing demand for solar energy. Solar panels, which utilize glass for its ability to transfer sunlight without absorbing it, are becoming more common in response to increasing adoption of renewable energy sources. For instance, according to the International Energy Agency, solar PV power output grew by 179 terawatt hours (TWh) in 2021, reaching 1,000 TWh, marking a 22% increase over 2020. It is predicted to attain an annual solar PV generation level of around 7,400 terawatt hours by 2030, further driving the demand for glass in solar panels.

Which are the Core Segments within the Global Glass and Glass Products Market?
1) By Product Type: Tempered Glass, Laminated Glass, Basic Float Glass, Insulating Glass
2) By Distribution Channel: B2B (Business-To-Business), Specialized Stores, Supermarkets Or Hypermarkets, E-Commerce, Other Channels
3) By Application: Packaging, Construction, Transportation, Electrical and Electronics, Telecommunication, Other Applications

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Who are the Premier Companies in the Glass and Glass Products Market?
Major companies in the glass and glass products market include Guardian Industries Corp., Central Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Schott AG, China Glass Holdings Ltd., Compagnie de Saint-Gobain SA, Asahi Glass Company, Corning Incorporated, Vitro S.A.B. de C.V., Asahi India Glass Limited, Cardinal Glass Industries Inc., Dillmeier Glass Co., Cornwall Glass Ltd., McGrory Glass Inc., Owens-Illinois Inc., Fuyao Glass Industry Group, Pilkington Group Limited, Viracon Inc., Oldcastle Glass Inc., AGC Inc., Euroglas GmbH, Sisecam Group, PPG Flat Glass Inc., Trulite Glass & Aluminum Solutions LLC.

What are the Market Trends in the Glass and Glass Products Industry?
Product innovation is gaining popularity in the glass and glass products market. SCHOTT AG, for example, launched FIOLAX Pro in October 2023, an advanced type I borosilicate glass tubing with superior chemical quality. It supplements the pharmaceutical industry’s shift towards more sustainable and digitally integrated solutions.

Which Region Dominates in the Global Glass and Glass Products Market?
In 2024, Asia-Pacific had the largest share of the glass and glass products market, followed by Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Does The Glass and Glass Products Market Report Offer in 2025?
Glass and glass products are inorganic solid substances, typically transparent or translucent. They are manufactured by rapidly cooling liquid materials such as silica sand to avoid apparent crystal formation. The Global Glass and Glass Products Market report from The Business Research Company offers insights into the market's global size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

To unlock valuable market insights, purchase the exclusive report here: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9630

About The Business Research Company
The Business Research Company offers over 15000+ reports from 27 industries covering 60+ geographies. Our 1,500,000 datasets and in-depth secondary research, alongside insights from industry leaders, ensure you get the information you need to stay ahead. Our Global Market Model is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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