Construction glass is one of the most widely used construction materials owing to its broad spectrum of properties. Construction glass is typically translucent glazing material used for external walls and windows. Growth in the construction industry across the globe is anticipated to propel the market for construction glass in the next few years. Construction glass offers numerous physical and chemical properties. For instance, it is electric resistant, chemical resistant, flexible in molding, and remains unaffected to changes in climatic conditions. This makes it the most viable option as a building material in construction businesses. Furthermore, advancement in technologies has made it possible to make construction glass lighter than cork and stronger than steel. Besides, the economical aspect of glass also makes construction glass a better option vis-à-vis conventional building materials.
Glass is a lucrative alternative to most universal building materials such as brick, polycarbonate, and wood. Glass increases the influx of natural light in the building. This is the biggest advantage of using glass as a building material. Furthermore, other key factors such as security, safety, and environmental sustainability are expected to drive the market for construction glass in the construction industry. In addition to residential applications, architects are increasingly using natural environmental factors in the interior of buildings by maximizing natural daylight for commercial buildings. This can be primarily accomplished using larger glazed areas in roofs and facades, wherein glass can be used as the main structural component of the building. Construction glass can be typically classified into flat glass and special glass. Flat glass is characteristically flat rolled glass sheets used in construction and automotive applications. Flat glass when thermally treated increases rigidity of these glasses making them more strong and resistant to breakage. These flat glasses are generally used in exteriors of commercial complexes. Special glasses are usually manufactured for specific applications using multiple layers of the glass made from various materials. These glasses offer sun protection, temperature control, reduced reflection, and low heat emissivity. These glasses can also offer self-cleaning properties. These exquisite properties of construction glass are expected to increase the usage of construction glass in the construction industry.
Global demand for construction glass is projected to rise significantly during the forecast period due to ever-increasing demand for better and economical raw materials from the construction industry. The global market for construction glass is anticipated to be dominated by Asia Pacific owing to the substantial expansion in the construction industry in the region. Developing countries such as India, Thailand, Malaysia, and Singapore are likely to be the forerunners in terms of usage of construction glass. Furthermore, the outlook for construction glass in North America and Europe is estimated to be positive during the forecast period. Enhanced properties of construction glass such as temperature control and sun protection are projected to provide major breakthrough for construction glass in the global construction market. In a nutshell, the positive aesthetic outlook for residential and commercial constructions coupled with enhanced manufacturing technologies endowing superior properties of conventional glass beyond the merely decorative, to functional and even structural roles is likely to boost the demand for construction glass in the next few years.
Some of the key players operating in the construction glass market include S.A. BENDHEIM, LTD., AGC Glass Company North America, Inc., SCHOTT AG, Central Glass Co. Ltd., PPG Industries, Inc., Saint-Gobain S.A., Nippon Sheet Glass Co., Ltd., JE Berkowitz, LP, AGNORA, and Guardian Industries.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.