Global Flat Glass Market to Increase 6.3% Annually to 2016: Report Buyer

Asia/Pacific to post the fastest flat glass market gains to 2016.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

Report Buyer

(PRWEB UK) 8 February 2013

The global flat glass market is forecast to grow 6.3 % per year to 2016, the market will reach 8.3 billion square meters. The global market value of fabricated flat glass is forecast to exceed $100 billion in 2016.

The Asia/Pacific region, which accounted for 55% of global flat glass demand in 2011, will continue to post the fastest gains to 2016. The Japanese market will exhibit a significant improvement based on recovering domestic building construction and motor vehicle sectors.

The US flat glass market will recover strongly based on a healthy expansion in the country’s battered building construction sector. Despite seeing positive economic growth in 2010 and 2011 after a major recession, the US building construction sector witnessed further declines in both those years. Some recovery has been seen in 2012, suggesting that the worst may be over.

Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
PDF Version PDF Printer Friendly VersionPrint

Contact

Follow us on: Contact's Facebook Contact's Twitter Contact's LinkedIn Contact's Google Plus