Flat Glass Market Sparkles with Demand Expected to be Over 39 Million Tons by 2010, According to New Report

Global flat glass demand is likely to go beyond 39 million tons by 2010, according to a Global Industry Analysts, Inc. market research report.Greater use of varieties of glass by architects and car designers for civil construction and automotive applications is providing impetus to growth.

About 70% of flat glass is used in construction industry. On the regional front, Europe, Asia and North America account for over 90% of global flat glass consumption.

Flat glass market bears a positive outlook as the industry derives growth from new smart-glass products such as electrochromic, switchable glass, self-cleaning window glass and heads-up display windscreens. "Development of new smart glass products such as self-cleaning glass and light-control products is forecast to boost demand for flat glass" according to research published by Global Industry Analysts, Inc. Technologies such as electrochromic windows and liquid-crystal glass are also gaining market acceptance. Architectural market for advanced flat glass will benefit from features like low-emissivity, reflective and smart glass.

Greater use of varieties of glass by architects and car designers for civil construction and automotive applications is providing impetus to growth. About 70% of flat glass is used in construction industry. On the regional front, Europe, Asia and North America account for over 90% of global flat glass consumption.

Development of new smart glass products such as self-cleaning glass and light-control products is forecast to boost demand for flat glass

Over the years, the glass industry witnessed a gradual shift away from single glazing to double/insulated glazing. Added to this, implementation of new legislation for energy efficiency glass has made double-glazing mandatory in most of parts of the world. These stringent regulations have led to greater energy-efficient coated glass.

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600450 Flat Glass Market Sparkles with Demand Expected to be Over 39 Million Tons by 2010, According to New Report glassonweb.com
Date: 2 July 2007
Source: Constructiondigital.com

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