According to research and market analysis data, the global flat glass market will reach US$423.9 billion by 2030.
The global flat glass market was estimated at USD 304.8 billion in 2023 and is expected to reach a size of USD 423.9 billion by 2030, growing at a CAGR of 4.8% during the analysis period 2023-2030.
Figure 1 The global flat glass market 1
Insulated flat glass is expected to grow at a CAGR of 5.7% to reach $154.3 billion by the end of the analysis period. The tempered flat glass segment is estimated to grow at a CAGR of 4.7% over the next seven years.
The U.S. market is estimated at $80.6 billion, while China is expected to grow at a CAGR of 7.2%
The U.S. flat glass market is estimated to be worth $80.6 billion by 2023. China is the world's second-largest economy and is expected to reach a projected market size of USD 91 billion by 2030, growing at a CAGR of 7.2% during the analysis period of 2023 to 2030. Other geographical markets of note include Japan and Canada, which are expected to grow by 3.2% and 4% respectively during 2023-2030.
In Europe, Germany is expected to grow at a CAGR of approximately 3.8%. Led by countries such as Australia, India, and South Korea, the market size in Asia Pacific is expected to reach $56.7 billion by 2030.
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