Global Construction Glass Industry Analysis and Future Scope

The construction glass market was valued at $93.96 billion in 2021, and it is set to reach $161.46 billion by 2030, growing at a growth rate of 6.20% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.

In 2021, the special category had the larger share. This can be credited to the rising application of flat glass in the residential and commercial sectors because of its natural insulation and safety from UV rays.

The most used type of flat glass is float glass, which has now substituted conventional materials in several applications, including mirror glass, home and office doors, and glass partitions between the teller counters at banks.

This glass has numerous applications, from soundproofing to heat insulation and from solar protection to safety applications, which indeed is growing the demand for the same.

On the basis of applications, the commercial category held the larger share of the construction glass market in the past few years and is projected to continue its dominance in the years to come. Designers and architects are increasingly using this glass in skyscrapers because of its improved versatility and adaptability.

In 2021, APAC held a larger revenue share of approximately 40%, and this region is projected to continue its dominance in the coming years in the construction glass industry. The significant industrialization, along with booming construction activities in China and India, and the increasing ecological material demand are the major drivers to the industry growth.

Furthermore, businesses are focusing more on adopting a variety of strategies to gain a lead. For example, Saint-Gobain a France-based manufacturer spent $67.5 million in March 2022, to start a new float glass facility and combined window line at its World Glass Campus in Chennai, India.

Additionally, the existence of numerous manufacturers in the U.S. and many European countries, such as Germany and France, and the growing construction activities are set to contribute to the growth of the construction glass industry in these countries.

Therefore, economic growth in different nations, escalating count of government-led infrastructure projects, and increasing demand for housing because of rapid urbanization will contribute to the increasing demand for construction glass in the years to come, all over the world.