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Global construction glass market outlook to 2028

Enlarge Font  Decrease Font Released Date:2018-03-13   From:http://www.glassonline.com/sit   View Time:143
 

The Global Construction Glass Market Outlook to 2028 examines the global construction glass market, assessing the construction glass market by taking into account various demand and supply dynamics.

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The Global Construction Glass Market Outlook to 2028 covers key market aspects
The construction glass market has been showing some substantial demand growth on the back of increased use of glass in developing and emerging markets. Urbanisation is one of the major drivers behind the growth, particularly due to the increasing number of high rise buildings in large densely populated cities. Lack of space and rising land prices are pushing property developers towards high rise buildings. In mature markets, availability of skilled labour, as well as supplies of prefabricated glass windows and façade claddings, are some key supportive factors for the high usage of glass in the construction industry. However, developing markets are lagging behind in the race due to the inadequacy of such facilities.
The non-residential sector is expected to continue to account for the largest market share in the construction glass market. Hotels and shopping centres will be among the major subsectors which will keep the demand elevated. Most developing markets, where alternative materials were previously used for durability and lower maintenance costs, are now switching towards glass panels for both aesthetics as well as prestige reasons.
However, among the key aspects requiring attention across commercial, residential and infrastructure construction are environmental and energy-saving. Intensive marketing will be required to influence the governments in policy making, strong coordination with designers and structural engineers etc. Awareness, marketing, and a good technical ...
 
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