Ceramic Industry News

Demand for Flat Glass in China to Reach $19 Billion by 2013

February 18, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

According to “Flat Glass in China,” a new study from the Beijing office of The Freedonia Group, demand for flat glass in China is forecast to increase 7.9% per year through 2013 to 2.7 billion square meters. Measured in value terms, flat glass demand is expected to rise 11.3% per year to nearly 130 billion yuan (approximately $19 billion).

Sales of flat glass will benefit from government spending initiatives, many of which were designed to offset the effects of the global economic downturn. In addition, ongoing industrialization, rising income levels, further population and household growth, and expanding motor vehicle production will fuel flat glass sales in China through the forecast period.

The flat glass industry will be marked by two major trends over the next decade. First, demand for float glass will grow rapidly at the expense of lower-quality sheet glass. Second, high-value fabricated glass such as safety glass and insulating glass will increasingly be used by consumers in place of lower-value unfabricated glass.

Unfabricated float glass will remain the largest product category through 2013, with demand growing 8.3% annually to 1.5 billion square meters. Advances will be spurred by healthy growth in building construction activity, especially in rural areas, and relatively low product prices. However, unfabricated float glass will lose market share to fabricated flat glass as income levels in China grow.

Demand for safety glass is projected to advance 13.2% per year to 335 million square meters by 2013, benefiting from rising income levels and expanding building stock. Moreover, strong growth in motor vehicle and furniture production will also stimulate new safety glass sales. Demand for insulating glass is forecast to grow 11.8% annually through 2013, boosted by healthy growth in construction of residential and commercial buildings, schools and hospitals.

Demand for other fabricated flat glass products is expected to expand at the fastest pace. Product gains will be driven by rising numbers of new nonresidential buildings (e.g., offices, banks, luxury hotels, shopping malls, hospitals, schools, museums and theaters), fast growth in the production of large LCD TV and other electronic displays, and growing output of solar cells.

Visit www.freedoniagroup.com for more information.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px