Scienza e Tecnologia
Flat Glass Market Size Worth $352 Billion By 2028 | CAGR: 3.6%: Grand View Research, Inc.
https://www.grandviewresearch.com/industry-analysis/global-flat-glass-market
For instance, to substantiate the economic importance of infrastructure, the Department of the Treasury in the U.S. carried out a study of 40 key proposed infrastructure projects. As per this study, the completion or availability of these 40 projects can provide economic benefits of up to USD 500 billion to 1 trillion to the country.
Technological upgrades and product innovation in construction glass applications have positively benefited the market growth in the recent past. However, the market growth was obstructed in 2020 owing to the Covid-19 pandemic resulting in negative sales revenue of key companies. For example, Saint-Gobain's sales declined by around 6% from Q3 2019 to Q3 2020. The pandemic slowed down the customers' investment cycles, which affected all the related activities.
The market is anticipated to recover soon with investments across the solar, construction, and automotive industries. The growth in the end-use industries has compelled product manufacturers to expand their production capacities. For instance, in October 2020 , Şişecam invested in its production business in Turkey for capacity expansion to cater to the growing demand from the domestic market.
Specialty Glass, Ceramic & Fiber Industry
Grand View Compass
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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