Glass and Glass Products Market Report 2025

The glass and glass products market size has grown strongly in recent years. It will grow from $230.7 billion in 2024 to $243.43 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to architectural boom, automotive industry growth, consumer electronics expansion, industrialization and manufacturing needs, renewal and replacement.

The glass and glass products market size is expected to see steady growth in the next few years. It will grow to $287.2 billion in 2029 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to green building initiatives, smart glass technologies, electric and autonomous vehicles, increased focus on safety, advancements in display technologies. Major trends in the forecast period include growing preference for recycled glass, digital transformation in glass manufacturing, expanding use of glass in electronics, safety and security considerations, global urbanization trends.

The glass and glass products market is poised for growth, propelled by the increasing demand for solar energy. Solar energy, the conversion of sunlight into thermal or electrical energy, utilizes glass in solar panels due to its ability to transmit sunlight without absorption. Glass serves as a reflective mirror with a coating on one or both sides, concentrating sunlight, and most solar panel glasses are tempered to withstand harsh weather conditions. According to a September 2022 report by the International Energy Agency (IEA), solar PV power output witnessed a 22% increase in 2021, reaching 1,000 TWh, and is projected to achieve an annual solar PV generation level of approximately 7,400 terawatt hours by 2030. Consequently, the rising demand for solar energy is a driving force behind the growth of the glass and glass products market.

The expanding construction and infrastructure sectors are anticipated to drive the growth of the glass and glass products market in the coming years. The construction and infrastructure sector includes various activities related to the building, repair, and maintenance of physical structures and systems that underpin societal living standards and economic development. Glass is a versatile and durable material used to manufacture a wide array of products, such as windows, doors, walls, floors, and cladding for these industries. For example, in March 2023, Oxford Economics, a UK-based economic information services firm, projected that the value of construction work will increase from $9.7 trillion in 2022 to $13.9 trillion by 2037, driven primarily by the major construction markets in China, the U.S., and India. Thus, the growth of the construction and infrastructure sectors is propelling the expansion of the glass and glass products market.

Product innovation is a significant trend gaining traction in the glass and glass products market. Leading companies in this sector are concentrating on developing innovative solutions to bolster their market position. For example, in October 2023, SCHOTT AG, a German glass manufacturer, introduced FIOLAX Pro, an advanced type I borosilicate glass tubing. This product features superior chemical quality, including an enhanced profile of extractables and leachables, as well as hydrolytic resistance, making it suitable for storing both simple and complex pharmaceuticals. Its importance lies in supporting the pharmaceutical industry's transition toward more sustainable and digitally integrated solutions, such as production using green energy to minimize carbon footprints and an online configurator that simplifies the customization process for packaging converters.

Key players in the glass and glass products market are dedicated to developing low-carbon glass to secure a competitive advantage. Low-carbon glass is designed specifically to have a reduced carbon footprint. For instance, in September 2022, Saint-Gobain SA, a French manufacturer of glass products and solutions, launched ORAE, which is the world's first low-carbon glass, containing approximately 40% less carbon than a standard clear glass pane. The ORAÉ recycled glass product, created specifically for facades, maintains the same light transmission and clarity as regular Saint-Gobain glass in terms of aesthetics. Additionally, this recycled glass product offers low everlasting reflection and a neutral tone for clear glass designs.

In August 2022, Saint-Gobain, a French manufacturer of construction materials, acquired Kaycan, Ltd. for $0.928 billion. This acquisition strengthens Saint-Gobain's global leadership in light and sustainable construction, making it the leading siding player in Canada and broadening its vinyl offerings across the United States. Kaycan Ltd. is a Canadian company specializing in building materials and glass products.

Major companies operating in the glass and glass products market include Guardian Industries Corp., Central Glass Co. Ltd., Nippon Sheet Glass Co. Ltd., Schott AG, China Glass Holdings Ltd., Compagnie de Saint-Gobain SA, Asahi Glass Company, Corning Incorporated, Vitro S.A.B. de C.V., Asahi India Glass Limited, Cardinal Glass Industries Inc., Dillmeier Glass Co., Cornwall Glass Ltd., McGrory Glass Inc., Owens-Illinois Inc., Fuyao Glass Industry Group, Pilkington Group Limited, Viracon Inc., Oldcastle Glass Inc., AGC Inc., Euroglas GmbH, Sisecam Group, PPG Flat Glass Inc., Trulite Glass & Aluminum Solutions LLC.

Asia-Pacific was the largest region in the glass and glass products market in 2024. The regions covered in the glass and glass products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the glass and glass products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Glass and glass products denote inorganic solid substances that are typically transparent or translucent, possessing rigidity, brittleness, and imperviousness to natural elements. They are crafted by rapidly cooling liquid materials, such as silica sand, to prevent noticeable crystal formation.

The primary categories of glass and glass products include tempered glass, laminated glass, basic float glass, and insulating glass. Tempered glass is a strengthened variant achieved through thermal or chemical treatments, widely employed in diverse applications such as shower doors, automobile windows, phone screens, and architectural elements such as skylights and balustrades. Distribution occurs through various channels, including B2B (business-to-business), specialized stores, supermarkets or hypermarkets, e-commerce, and others, serving multiple applications such as packaging, construction, transportation, electrical & electronics, telecommunication, and more.

The glass and glass products market research report is one of a series of new reports that provides glass and glass products market statistics, including glass and glass products industry global market size, regional shares, competitors with a glass and glass products market share, detailed glass and glass products market segments, market trends, and opportunities, and any further data you may need to thrive in the glass and glass products industry. This glass and glass products market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The glass and glass products market consists of sales of obscured glass, float glass, tinted glass, heat strengthened glass, annealed glass, and mirrored glass. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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