According to the latest research by WiseGuyReports.com, the Global Coated Flat Glass Market was worth $25.68 billion in 2015 and is expected to reach $37.90 billion by 2022 growing at a CAGR of 5.7% during the forecast period.
Rising usage of flat glass in contemporary architectural designs is fuelling global flat glass market. Rising Original Equipment Manufacturing (OEM) in automotive industry is also driving the market. The increasing demand for solar panels, photovoltaic cells, and E-glass is creating new growth opportunities for the players in the flat glass market.
According to the report, the increasing price of raw material and absence of suitable logistic supply chain management in developing countries are posing challenges for global flat glass market.
Asia Pacific is the leading market of flat glass, followed by Europe and North America. Asia Pacific is also the fastest growing region of flat glass due to the demand of passenger car from developing countries and immense urbanization in this region. China solely covers about half of the global market share of flat glass followed by Japan.
Some of the key players in the market include Saint-Gobain, AGC Glass, Central Glass Co., Ltd., Nippon Sheet Glass Co. Ltd, Taiwan Glass Group, Asahi Glass Co., Ltd, Carlex Glass, Pilkington Group Limited, CSG Holding Co., Ltd, Guardian Industries Corp, SCHOTT, Scheuten Glas, Corning, Cardinal Glass Industries and Magna International.
The report and further information is available from https://www.wiseguyreports.com/sample_request/coated-flat-glass-global-market-outlook-2015-2022