India Clear Glass Market, By Technology, By Applications, By Raw Material, By Region, By Top 10 States, Competition, Forecast & Opportunities, FY2018-FY2028

India Clear Glass Market valued at INR 70.13 billion in 2022 and is expected to project a robust growth during the forecast period, registering a CAGR of 5.98% owing to rapidly increasing construction projects and government initiatives, such as Smart Cities Mission.

Increase in Buildings Infrastructure

India is investing heavily in commercial and residential construction, including smart cities. Population growth has increased the demand for both residential and commercial buildings, increasing the demand for clear glass across India. Moreover, the near-term expansion of construction activity in India is driven by a combination of financial support and government policies to support the country's housing sector. Long-term growth is primarily driven by India's large population, thus requiring continued investment in the residential sector and create market opportunities for clear glass manufacturers in India.

Increasing in Clear Glass Projects

Overall infrastructure development and urbanization is expected to boost the growth of the clear glass market in India owing to a wide range of infrastructure projects for affordable mass housing along with many projects in hospitality, education and healthcare segments. Some of the recent government initiatives such as Smart City Mission are expected to give a big boost to the Indian clear glass market in the coming years.

Growth of Solar Panels

Increasing solar panel installations coupled with favorable government regulations is expected to drive the clear glass industry over the next few years. Solar energy is the fastest growing renewable energy source in developing countries such as India, looking to gain an edge in growing markets. As a result, rising demand for solar energy is expected to drive the clear glass market in the coming years. Apart from the dramatic increase in solar energy installations, the increasing penetration of glass construction in residential as well as non-residential buildings is another key factor that has been responsible for the growth of the clear glass market over the years.

Renovating Existing Space

As clear glass is frequently used in interior applications such as doors, windows, glass partitions, wall cladding, handrails, balustrades, stairs, etc. where clear and transparent visibility of the other side is required, the India Clear Glass Market is quite dynamic. Investors frequently favour renovating current spaces over creating new ones. Additionally, owners of both residential and commercial properties renovate their interior fit-outs to keep them up to date with emerging styles and fashions. These factors are driving the India Clear Glass Market.

Market Segmentation

The India Clear Glass Market is segmented based on technology, application, raw material, region, and by company. Based on technology, the market is further fragmented into flat, rolled, sheet. Based on application, the market is segmented into residential & non-residential. On the basis of raw material, the market is segmented into sand, soda ash, recycled glass, dolomite, limestone, and others (feldspar, Iron Oxide etc). Based on region, the market is divided into regions i.e., North, South, East and West.

Company Profiles

Saint Gobain India Pvt. Ltd., Asahi India Glass Limited, Gujarat Guardian Ltd., Gold Plus Glass Industry Limited, Sisecam Flat Glass India Private Limited, Glass Wall Systems India Private Limited, Pragati Glass & Industries Private Limited, GSC Glass Private Limited, Duratuf Glass Industries Private Limited, and Sejal Glass Limited are among the major market players in India Clear Glass Market.

Report Scope:

In this report, India Clear Glass Market has been segmented into the following categories in addition to the industry trends which have also been listed below:

India Clear Glass Market, By Technology:

• Flat
• Sheet
• Rolled

India Clear Glass Market, By Application:

• Non-Residential
• Residential

India Clear Glass Market, By Raw Material:

• Sand
• Soda Ash
• Limestone
• Recycled Glass
• Dolomite
• Others include Feldspar, Iron Oxide etc.

India Clear Glass Market, By Region:

• North
• West
• South
• East

India Clear Glass Market, By Top 9 States:

• Uttar Pradesh
• Gujarat
• Maharashtra
• Andhra Pradesh
• Tamil Nadu
• Karnataka
• Bihar
• Jharkhand
• Punjab

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Clear Glass Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.