Back Painted Glass Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type (In-House Back Painted Glass, Post Temperature Back Painted Glass), By Applications (Commercial, Residential) By Region 2018-2028

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format

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Back Painted Glass Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Type (In-House Back Painted Glass, Post Temperature Back Painted Glass), By Applications (Commercial, Residential) By Region 2018-2028

Global

Rising Construction Worldwide

Construction

Pandemic Effect on Glass Industry

Latest Market Trends

  • Middle Eastern countries are building infrastructure to boost the tourism sector and reduce dependence on oil revenues. Fluctuations in oil prices had a negative impact on government spending on construction activities. Oman, Egypt, and Iraq are expected to drive most construction activity in the region, but Qatar's construction industry is growing at the fastestrate and is also supported by multi-billion-dollar infrastructure development like the 2022 World Cup in Qatar. Increased construction activity in the Middle East is expected to boost the demand for backpainted glass in the near future.
  • Accordingto the Institution of Civil Engineers, the volume of construction work isexpected to increase by 85% over the next decade worldwide, with sales of USD15.5trillion worldwide, mainly in emerging markets such as China and developedcountries such as the United States propelling the growth of the marketworldwide.
  • In India, theconstruction industry contributes around 9% to the country's GDP. 100% FDI intothe Indian construction industry through automatic route is allowed incompleted projects for operation and management of townships, shoppingmalls/shopping complexes, and commercial buildings. These factors are expectedto contribute to the growth of the market.

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Market Segmentation

Market players

Recent Developments

  • Government initiatives on sustainability are also leading to increased demand for high performance glass products. High-performance glass is glass that has the ability to reduce heat input while allowing optimal lighting within a building, reducing the cooling and lighting load and reducing the building's energy consumption.
  • In October 2024-2032, AGC Inc. resolved to complete the management integration of its domestic architectural glass business with Central Glass Co., Ltd. in the fourth quarter of the year 2024-2032.

Attribute

Details

Base Year

2022

Historic Data

2018– 2024-2032

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

      Type

      Applications

Regional scope

North America; Asia-Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; Indian; Japan; South Korea; Australia; Germany; United Kingdom; France; Italy; Spain; Brazil; Argentina; Colombia; Saudi Arabia; South Africa; UAE

Key companies profiled

AGC Glass, General Glass International, Adanac Glass, Vitro Architectural Glass, Guardian Glass, Stevenage Glass, McGrory Glass, El Ghoul Co. s.a.l., Nippon Sheet Glass Co., Ltd, GlasPro, Inc.

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