According to the recent research report titled ‘Asia Pacific Flat Glass Market Size By Application, Product, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020-2026’, available with Market Study Report, Asia Pacific flat glass market is projected exceed USD 93 billion by the year 2026.
 

Surging demand for automotive like two wheelers, passenger, and commercial vehicles is primarily driving the growth of Asia Pacific flat glass market. Notably, flat glass is obtained from natural raw materials and is sustainable in nature. The product also offers high chemical inertness and high transmission degree.
 

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In addition, rising adoption of flat glass in sunroofs, windows, windscreens, and backlights in passenger cars are also aiding the market expansion.  
 

Based on application spectrum, Asia-Pacific flat glass market share from construction segment is projected to record 7% growth rate through 2026. The growth is credited to increasing customer expenditure towards renovation and reconstruction. Rapid industrialization and supportive government norms which promote the use of energy efficient solutions are augmenting the segmental share.
 

Speaking of product type, the insulating glass segment is anticipated to amass USD 12 billion by the year 2026 on account of rising concerns to reduce the usage of energy as well as carbon emissions. Advent of supportive initiatives such as Leadership in Energy & Environmental Design (LEED) guidelines, which encourage the construction of energy efficient solutions in commercial and residential building is likely to increase the product demand, thereby positively impacting the Asia Pacific flat glass market size.
 

Citing the regional landscape, India flat glass market is likely to witness a growth of 11% during the analysis period. The growth is attributed to rising per capita income along with growing automotive production in the country.
 

Meanwhile, Japan flat glass industry from construction applications is projected to cross a valuation of USD 8.5 billion by 2026, on account of surging demand for energy efficient buildings. Flat glass aids in increasing the influx of natural light and hence, it is utilized in advanced glazing solutions in a bid to decrease the need for cooling and heating systems in buildings, subsequently reducing the consumption of energy and associated CO2 emissions.
 

Leading organizations in Asia Pacific flat glass market are Central Glass Co. Ltd., Coring Inc., China Glass Holdings Ltd., NSG Group, Duratuf Glass Industries Ltd., AJJ Glass Products Co. Ltd., CSG Holding Co. Ltd., Saint Gobain S.A., Asahi Glass Ltd., Guardian Group, Xinyi Auto Glass Holdings Ltd., and GSC Glass Ltd. among others.