LONDON, Jan. 23, 2018 (GLOBE NEWSWIRE) -- 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 with increasing number of high rise buildings in large densely populated cities. Commodity Inside understands that lack of space and rising land prices are pushing property developers towards high rise building. In matured markets, availability of skilled labours as well as supplies of prefabricated glass windows and facade 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 account for the largest market share in the construction glass market. Hotels and shopping centres will be some of the major subsectors which will keep the demand elevated. In most developing markets, where alternative materials were previously used for durability and lower maintenance costs, have now been switching towards glass panels for both aesthetics as well as prestige reasons.
However, one of the key aspects which require attention across commercial, residential and infrastructure construction is the environmental and energy-saving attributes. 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 team are also very important for furthering construction glass demand.
Rising costs and availability of cheap and durable alternative materials continue to remain a significant downside risk to the growing demand, particularly in the residential sector. Commodity Inside also believes that the tightening of monetary policy has a strong correlation with residential construction. The US Federal Reserve is expected to switch towards tighter monetary policy this year while other central banks including People's Bank of China are expected to keep the policy relatively tight. These measures would hamper construction glass demand in various markets in the short term.
REPORT DETAIL
Global Construction Glass Market Outlook to 2028 is a valuable resource necessary for examining the global construction glass market. We have employed a very sophisticated and robust approach to assessing the construction glass market by taking into account various demand and supply dynamics. This content-rich report covers the following key aspects:
- What will be the major trends and developments in the construction glass market and how they will impact the industry?
- How will the construction glass market perform over the next ten years?
- How will the planned and ongoing construction projects benefit the industry?
- What will be the main threats and opportunities in the industry?
- What will be the major drivers behind the increase in construction glass demand globally and how the economic growth will impact the market?
- The current and future demand dynamics of construction glass in different regions
- Glass prices and costs
- Construction glass import and exports
- Detailed discussions on market strategies and competitive landscapes
- Glass market dynamics in the residential, commercial and infrastructure markets
- Skyscrapers and the usage of glass
- Planned skyscraper around the world
Global Construction Glass Market Outlook to 2028 provides you with the following in-depth analysis:
- Demand and supply analysis of the construction glass industry by leading markets
- Glass price forecasts
- Construction glass by major end-use sectors such as residential, commercial and infrastructure glass
- Detailed discussions on megatrends
- Glass usage in the context of alternative materials
- Tables, figures and charts
- This is a content-rich report with all supportive data is provided in Excel
To learn more about ‘Global Construction Glass Market Outlook to 2028’ report please visit
https://commodityinside.com/reports/global-construction-glass-market-outlook-to-2028/
About Commodity Inside
Commodity Inside (https://commodityinside.com/) is an independent privately owned company provides market research analysis and consulting to the commodities market. We specialise in glass, metal, paper and plastic industries and their end-use sectors such as packaging, automotive and construction. We publish a range of thorough and highly analytical market analysis reports. Our consultancy arm offers expertise to companies in these markets and helping them in making the right decisions.
For further information about this report and additional research, please contact:
Fernando Barbosa
Business Development Executive
Email: fernando@commodityinside.com
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