The global flat glass market operates in a cyclic pattern, according to the industry experts, as the demand for flat glass increases in the times of expansionary economic conditions and falls during the periods of financial crunch. However, despite the worldwide recession, the demand for glass has shown a constant growth, mainly due to the rising demand for building glass and automotive glass during 2000-2009 both in terms of production and consumption.
The worldwide market for flat glass is segmented on the basis of regions and usage. The regional segment comprises Europe, North America, South East Asia, Former Soviet Union, Japan, China and the Rest of World. The usage segment is further sub-divided into construction market, automotive market and specialty market.
The global flat glass market is dominated by four major players which collectively represents 60% of the global glass production. However, the market share of these players differs from one region to the other in terms of production as some have more presence in one region while less presence in other regions. For example, Saint Gobain is the largest player in Europe whereas it does not have dominance in other regions.
The present report offers an analysis of the global flat glass market. It also discusses major market trends, growth drivers and potential market for Flat glass. The report also presents the competitive structure of the industry and profiles major players in the Global Flat Glass market.
Further, we have predicted the future growth of the global flat glass market by combining SPSS Inc.'s data integration and analysis capabilities with our relevant findings. We employed various significant variables that have an impact on this industry and created regression models with SPSS to determine the future direction of the industry.