Float glass market study
According to the recently published Float Glass Market report from Persistence Market Research, significant acceleration in construction activities, followed by developing automotive and solar power sectors, will drive demand for float glass in the period from 2019 to 2029. The global float glass market was valued at US$100 billion in 2018 and is projected to exhibit a robust CAGR during the forecast period.
Global growth is predominantly shaped by building and construction, automotive and solar power industries, owing to extensive usage of float glass products in these industries. East Asia is projected to be a prominent regional market, owing again to growing construction, automotive and solar sectors, especially in China. Moreover, growing government tie-ups with private organisations to initiate multiple new solar power projects in Thailand and India are anticipated to amplify demand in South Asia.