Booming Construction Industry Fueling Sales of Construction Glass

With the expansion of the construction industry, the demand for construction glass is growing rapidly across the globe. Construction glass is increasingly being used as a substitute in most of the construction materials such as wood, polycarbonate, and bricks. This is because of their ability to increase the natural light influx in buildings and promote environmental sustainability. In addition to this, rapid advancements and innovations in glass manufacturing methods are fueling the manufacturing of lightweight and strong glass.

Besides the aforementioned factors, the rising demand for eco-friendly construction materials, technological advancements, energy savings, the surging disposable income of the middle-class populace, and the burgeoning requirement for sustainable construction are also propelling the sales of construction glass across the world. This is driving the progress of the global construction glass market. Residential and commercial sectors are the major application areas of construction glass. Between these, the usage of construction glass was higher in the commercial sector in the past.

Moreover, this trend is likely to continue in the future years. This will be because of the ability of the construction glass to provide protection from toxic ultraviolet (UV) rays and their high resistance to electricity and chemicals. In addition to this, rapid changes in the environment or extreme weather conditions have negligible impact on construction glass. This makes these materials highly sought after among construction firms and real estate developers.

Across the globe, the sales of construction glass were observed to be the highest in the Asia-Pacific (APAC) region during the past few years, as per the findings of P&S Intelligence, a market research company based in India. Due to the high industrialization rate and the launch of several construction projects in the developing countries such as China, India, Malaysia, and Thailand, the demand for construction glass boomed in the region in the past years.

Moreover, the sales of construction glass will rise considerably in this region in the future years. This will be a result of the development of several new construction plants and facilities and buildings such as malls, residential societies, offices, manufacturing plants, and factories in this region.

Furthermore, the rising purchasing capability of the people and the mushrooming utilization of construction glass in various suburban areas will push up the demand for construction glass in APAC in the upcoming years.

Rapid expansion of the infrastructure sector in several other regions such as Middle East and Africa and South America is predicted to create lucrative growth opportunities for the players operating in the construction industry in the coming years. This will, in turn, propel the sales of construction glass in these regions. PPG Industries, Asahi Glass, Saint-Gobain S.A., Nippon Sheet Glass Co. Ltd., Schott AG, and Central Glass Co. Ltd. are some of the major construction glass manufacturers around the world.

Hence, it is safe to say that the sales of construction glass will soar all over the world in the forthcoming years, mainly because of the expansion of the construction industry in several countries.