China Flat Glass Market Size & Outlook, 2024-2030
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China flat glass market highlights
- The China flat glass market generated a revenue of USD 98,881.8 million in 2023 and is expected to reach USD 138,986.9 million by 2030.
- The China market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, tempered was the largest revenue generating product in 2023.
- Insulated is the most lucrative product segment registering the fastest growth during the forecast period.
Flat glass market data book summary
| Market revenue in 2023 | USD 98,881.8 million |
| Market revenue in 2030 | USD 138,986.9 million |
| Growth rate | 5.4% (CAGR from 2024 to 2030) |
| Largest segment | Tempered |
| Fastest growing segment | Insulated |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Basic, Tempered, Laminated, Insulated |
| Key market players worldwide | AGC Inc, Flat Glass Group Co Ltd Shs -H- Reg S, Compagnie de Saint-Gobain SA, Vitrolife AB ADR, Cevital, Guardian Industries |
Other key industry trends
- In terms of revenue, China accounted for 32.7% of the global flat glass market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China flat glass market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,047.2 million by 2030.
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Flat Glass Market Scope
Flat Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Guardian Industries | View profile | 10001+ | Auburn Hills, Michigan, United States, North America | https://www.guardian.com |
| Cevital | View profile | 10001+ | Algiers, Alger, Algeria, Africa | https://www.cevital.com |
| Flat Glass Group Co Ltd Shs -H- Reg S | View profile | 8240 | 1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, China, People's Republic of | https://www.flatgroup.com.cn |
| AGC Inc | View profile | 61671 | 1-5-1, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8405 | https://www.agc.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Vitrolife AB ADR | View profile | 1116 | Box 9080, Gothenburg, Sweden, 400 92 | https://www.vitrolife.com |
China flat glass market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat glass market will help companies and investors design strategic landscapes.
Tempered was the largest segment with a revenue share of 38.6% in 2023. Horizon Databook has segmented the China flat glass market based on basic, tempered, laminated, insulated covering the revenue growth of each sub-segment from 2018 to 2030.
The country is anticipated to maintain its dominance in the region over the forecast period. It is a hub for various industries such as chemical, automobiles, petroleum, food & beverages, pharmaceuticals, and other industries.
It is among the leading countries in the world in terms of automotive, solar panel, and electronics & appliances production. The country is also witnessing growth in its construction industry. All these factors are projected to boost the demand for flat glass in China over the forecast period.
The housing sector of China, despite sluggish growth over the last year, is anticipated to bounce back as the government focuses on the development of social housing. The country planned to complete nearly 4 million affordable houses in 2020.
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Our clientele includes a mix of flat glass market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China flat glass market , including forecasts for subscribers. This country databook contains high-level insights into China flat glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China Application - Flat Glass Market size, 2023 - 2030 (US$M)
China Flat Glass Market Outlook Share, 2023 & 2030 (US$M)
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