Bright Future Anticipated for Global Construction Glass Market
The non-residential sector is expected to continue to account for the largest market share in the construction glass market.
The construction glass market has exhibited substantial demand growth on the back of increasing use of glass in developing and emerging markets, according to a report available from Commodity Inside. Urbanization is one of the major drivers behind the growth, particularly with the increasing number of high-rise buildings in large, densely populated cities. In mature markets, the availability of skilled labor, as well as supplies of prefabricated glass windows and facade claddings, are additional key supportive factors for the high usage of glass in the construction industry.
The non-residential sector is expected to continue to account for the largest market share in the construction glass market. Hotels and shopping centers represent the major subsectors that will keep demand elevated. Most developing markets, where alternative materials were previously used due to durability and lower maintenance costs, have been switching to glass panels for reasons of both aesthetics and prestige.
One key aspect that requires attention across commercial, residential, and infrastructure construction involves construction glass’ environmental and energy-saving attributes. Intensive marketing will be required to influence government policy, as well as strong coordination with designers and structural engineers. Awareness, marketing, and a good technical team are very important for advancing construction glass demand.
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