MarketReportsOnline.com now has the new Koncept Analytics Report “Global Flat Glass Market Report 2012 Edition” in its store.
Online PR News – 15-July-2012 – Dalls / Texas – Flat glass has played an important role in not only energy conservation but also as vital component in various products and processes in the field of energy and other industries. The global flat glass demand is projected to increase at a CAGR of about 2.8% during 2012-2015 on the back of expected worldwide economic growth, government stimulus and increased infrastructural construction activity, coupled with the growth in automobile industry.
Flat glass finds maximum application in building construction industry, with a further significant portion used in automotive applications. In addition, the use of flat glass in other specialist areas, though trivial at present, is expected to account for a significant share in global market demand in the times to come. Region-wise, China, Europe, and North America represent the largest market for flat glass. However, rising economic affluence in the developing countries will continue to provide a boost to demand for flat glass in these regions.
Global concerns towards acutely deteriorating environment and heavy depletion of natural energy sources have compelled the modern society to search for means to meet modern world’s energy requirements. With development of new technologies one of the major trends worldwide is making energy efficient buildings to conserve energy using flat glass as a major structural component. Another trend being observed is enhanced use of low emissivity glass available with many technical functions for conservation of heat. Similarly, solar control glass is being used for utilizing solar energy as an alternative source for energy generation.
Global economic growth and new technological developments have created new and increased applications of flat glass thus driving its market. Furthermore, the consumption of flat glass is rising to meet the enhanced demand of a growing automobile industry. More and more countries are passing energy related legislations which necessitates the use of flat glass in greater proportions than ever for the purposes of better energy utilization and conservation. In addition, new advancements in PV technology has greatly widened the use of PV system, subsequently resulting in greater use of flat glass.
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The global flat glass market is largely dominated by four major manufacturers, namely, AGC, Saint-gobain, NSG, and Guardian. The capital intensive nature of the industry makes the world flat glass market place highly consolidated.
The report analyzes the global flat glass market, with focus on regional markets including Europe, Japan, ASEAN, North America, South America, China and former Soviet Union. The report discusses factors driving the demand for flat glass, as well as the recent prevailing trends in the global flat glass industry. It profiles the four largest players, AGC Group, Saint Goblin, NSG Group and Guardian.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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