| Market & Trends |
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Analysis of China glass market
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The flat glass market is directly and significantly affected by economic trends including interest rate shifts and changing consumer debt levels. With the vast majority of flat glass sales occurring in the automotive and architectural industries, manufacturers depend on steady auto sales and a strong housing and commercial building market to create maximum demand for their glass products.
In 2000, Chinese flat glass product volume reached 8.5 million tons, which occupied 27.5% in the world total output of flat glass. Glass enterprises are too many, which could not engender group strength.
Chinese real-estate demands is the No.1 in the world, Chinese population still continue to increase, maybe reach 1.5 billion after 20 years later could stop growing, if the population did not grow, there still 0.5 billion peasants would come into cities, there is no any other country which has a so great continuous market demand.
Automotive safe glass in 2000 was 5 million square meters, to 2010, would raise to 12 million square meters. The potential of Chinese low-radioactive glass market is great, especially the demand of 2008 Beijing Olympic and national relevant architecture.
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November 17th, 2001
Source: Zawya |
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