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The global COVID-19 pandemic has upended day-to-day operations across multiple industries, limiting the availability of raw materials and hindering production and growth.

According to a research report, the architectural glass market size will be USD 46 billion in 2021 and will reach USD 90 billion in 2031, with a CAGR of 7% from 2021-to 2031.

How does the robust structural performance of architectural glass drive demand?

Glass can transmit sunlight and is not affected by the weather. In addition, the changing environment does not change the color of the glass, so it looks aesthetically pleasing for a longer period. Glass can not only be recycled but also can be shaped and used many times, making it an economically advantageous choice for various industries.

Growing urbanization has brought about massive building construction. As a result, the demand for glass has multiplied. Due to its affordability and advantages, the commercial and residential sectors are increasingly favoring the use of glass in construction.

Key points from the market research report

  • Float glass is expected to hold the highest share with a CAGR of over 4%.
  • Demand for specialty glass will soar, accounting for 40% of the market.
  • Europe will generate about 30% of the market revenue for the architectural glass industry. The entire European architectural glass industry is expected to grow at a CAGR of around 5%. China, India, and Germany are the top three countries driving demand for architectural glass. The Asia Pacific is the most lucrative region, generating more than 40% of revenue by 2031.
  • The entire European architectural glass industry is expected to grow at a CAGR of around 5%.
  • China, India, and Germany are the top three countries driving demand for architectural glass.
  • The Asia Pacific is the most lucrative region, generating more than 40% of revenue by 2031.
Figure 1 The global market of architectural glass 1

Figure 1 The global market of architectural glass 1

Prominent architectural glass manufacturers are emphasizing the provision of high-quality eco-friendly glass materials and conducting initiatives such as collaborations, mergers, and acquisitions. Major manufacturers include China Glass Holdings, Saint-Gobain, PPG Industries, Corning International, Asahi Glass, Fuyao Glass Industry Group, and Vitro Glass.


Disclaimer: The above views do not represent the position of Jinan LIJIANG Glass, and the copyright belongs to the original author and source. The content of News is the author's personal opinion, and it does not mean that Jinan LIJIANG Glass agrees with his opinion and is responsible for its authenticity. Jinan LIJIANG Glass only provides references and does not constitute investment and application advice. 

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