A key trend is increasing demand for value-added glass products, particularly for automotive glazing and architectural applications.
The dominance of China as a major market for glass has been increasing with economic liberalization and rising foreign investment. China accounts for about one-third share in the worldwide demand of flat glass. India has one of the lowest per capita flat glass consumption but with rapid growth in domestic construction and automotive markets, it presents a significant opportunity for global glass majors.
The flat glass industry is fairly consolidated, with four players (NSG, Asahi, Saint-Gobain and Guardian) holding about two-thirds of the worldwide flat glass production capacity.
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