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The construction glass market share is expected to increase by USD 31.29 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.57%.
This construction glass market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the construction glass market segmentation by end-user (new buildings and retrofit buildings) and geography (APAC, Europe, North America, MEA, and South America). The construction glass market report also offers information on several market vendors, including AGC Inc., Central Glass Co. Ltd., China Glass Holdings Ltd., Compagnie de Saint-Gobain SA, Koch Industries Inc., Nippon Sheet Glass Co. Ltd., SCHOTT AG, Turkiye Sise ve Cam Fabrikalari AS, Vitro SAB de CV, and Xinyi Glass Holdings Ltd. among others.
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Based on our research output, there has been a NEGATIVE impact on the market growth during and after the post-COVID-19 era. The need for energy-efficient buildings is notably driving the construction glass market growth, although factors such as may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the construction glass market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Construction Glass Market Driver
One of the key factors driving the data center market is the need for energy-efficient buildings. The design and construction materials of a building have a direct impact on the heating, cooling, and lighting requirements. When a building's façade is exposed to direct sunlight, it heats up over time and transfers that heat inside. As a result, the demand for air conditioning for cooling and comfort rises, resulting in an increase in energy consumption. Furthermore, residential and commercial buildings consume a significant amount of electricity globally. However, by implementing energy-saving measures, the impact can be decreased by 20% to 25%. Furthermore, it is thought that glass is one of these methods that contribute greatly to building energy efficiency. Glazing can assist in achieving maximum energy efficiency while also reducing the total environmental impact. Furthermore, the use of glass in building construction is predicted to significantly cut CO2 emissions. Low-E and solar control features are combined in double-glazed facades, which help to prevent heat loss in the winter and excessive heat in the summer. Furthermore, clear glass aids in the penetration of natural light into interior spaces, decreasing the demand for artificial lighting. Over the forecast period, these qualities of construction glass, together with the growing need for energy-efficient buildings, are likely to drive the market.
Key Construction Glass Market Trend
Growing M&A activities and strategic alliances are other factors supporting the data center market growth in the forecast period. Intense competition among vendors in the moderately fragmented global construction glass market, as well as rapidly evolving technologies, pose a significant threat to the vendors operating in the market. As a result, this intense competition has increased the number of strategic mergers and acquisitions (M&A). With the increasing demand for glass curtain walls from the construction industry, vendors are opting for M&A and strategic alliances to improve their market reach and customer base. Moreover, the intense competition in the market is expected to compel established vendors to increase their market presence through M&A and strategic alliances. The vendors of glass curtain walls are investing extensively in joint ventures and acquisitions to capture a major share of the global glass curtain wall market and expand their presence in new regions. The market has witnessed significant growth in the number of strategic alliances and partnerships among rival companies operating in different regions, as well as among companies that provide glass curtain walls. These strategic alliances and partnerships among vendors are aiding them to improve their operations and expand their geographic presence. This will drive the growth of the global construction glass market during the forecast period.
Key Construction Glass Market Challenge
High competition among vendors will be a major challenge for the data center market during the forecast period. The construction glass industry faces a number of challenges, and one of them is the highly saturated nature of the market. There is a very high market concentration in the construction glass industry, especially in densely populated urban centers, which often account for the highest growth in the construction sector. The majority of construction glass applications come from skyscrapers, which are usually more relevant to urban areas, owing to the shortage of space. These buildings offer high revenue potential to builders and land developers and making them a prime target for glass suppliers. However, contractors have the bargaining power as there is a surplus of glass suppliers to choose from. This excess supply from both local and international players will put downward pressure on pricing and thus make the market unattractive. Moreover, construction glass does not involve much product differentiation in terms of appearance, thus enabling its easy duplication and leading to the problem of counterfeit products, which are available at lower prices than the original goods. Therefore, such a factor considerably hampers the market growth.
This construction glass market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the global construction glass market as a part of the global construction and engineering market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the construction glass market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the construction glass market encompasses successful business strategies deployed by the key vendors. The construction glass market is fragmented and the vendors are deploying growth strategies such as price and quality to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The construction glass market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the construction glass market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global construction and engineering market includes the following core components:
The report has further elucidated other innovative approaches being followed by manufacturer providers to ensure a sustainable market presence.
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62% of the market's growth will originate from APAC during the forecast period. India, China, Japan, Thailand, Indonesia, and the Philippines are the key markets for the construction glass market in APAC. Market growth in this region will be faster than the growth of the market in regions.
Generating demand for new infrastructure to provide residential and commercial spaces for the increasing urban population will facilitate the construction glass market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The COVID-19 pandemic severely affected the construction glass market in APAC in 2020. The increase in unemployment, along with the downfall of the economy of the region, took a toll on construction and real estate markets. Trade disruptions also negatively impacted the construction industry as there was a shortage of construction materials. The economic slowdown in Southeast Asian countries resulted in the contraction of the construction industry by 4% in 2020 as compared to 2019, which ultimately affected the regional construction glass market. However, 90% of construction projects in China have been resumed, including major railway, highway, and airport projects, according to the National Development and Reform Commission (NDRC). In Hongkong, along with COVID-19, the end of special trade status by the US government reduced investments in construction projects. The abovementioned factors negatively impacted the regional construction glass market in 2020. Many governments in the region are funding to resume various construction projects to normalize the economy, which will support the growth of the regional construction glass market during the forecast period.
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The construction glass market share grows with the new building segments. The new building segment will be significant during the forecast period. New buildings are expected to witness moderate growth during the forecast period. The growth is majorly attributed to rapid industrialization and increasing construction activities in developing countries, such as China, Thailand, Malaysia, and Indonesia, where the use of construction glass is increasing. Moreover, the global construction glass market for new buildings is witnessing steady growth in North America and Europe. The construction sector in North America, particularly after the recent presidential elections, seems to be very promising. Both residential and non-residential spending in the US is witnessing stable growth.
This report provides an accurate prediction of the contribution of all the segments to the growth of the construction glass market size and actionable market insights on the post-COVID-19 impact on each segment.
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Construction Glass Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.57% |
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Market growth 2021-2025 |
$ 31.29 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.36 |
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Regional analysis |
Europe, North America, APAC, South America, and MEA |
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Performing market contribution |
APAC at 62% |
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Key consumer countries |
China, UK, US, Indonesia, and India |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
AGC Inc., Central Glass Co. Ltd., China Glass Holdings Ltd., Compagnie de Saint-Gobain SA, Koch Industries Inc., Nippon Sheet Glass Co. Ltd., SCHOTT AG, Turkiye Sise ve Cam Fabrikalari AS, Vitro SAB de CV, and Xinyi Glass Holdings Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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