The Construction Glass Market
deals with the development of glass materials that are used in construction. Construction glass is translucent glazing material that is used for external walls, windows and doors, which will remain unaffected by changes in climatic conditions. It is electric resistant, chemical resistant, flexible in molding.
Construction glass offers numerous physical and chemical properties. The different properties provided by it make it as the most viable option for building glass material in the construction businesses. Types glasses present in this market are low-E glass and special glass. In addition, advancements in technologies have made it possible to make construction glass lighter and stronger. Growth in the construction industry is expected to drive the market for construction glass in the next few years.
Rising demand for better and economical raw materials from the construction industry is anticipated to propel the demand for construction glass during the forecast period. Glass is a lucrative alternative to most universal building materials such as brick, polycarbonate, and wood. Glass increases the influx of natural light in the building. This is the biggest advantage of using glass as a building material.
The benefits accomplished with the construction glass such as safety, security and environmental sustainability are acting as key growth drivers for the Construction Glass Market. The offers provided by the special glass like sun protection, temperature control, reduced reflection and low heat emissivity, results in the adoption of special glass in a wide range. Therefore, this factor drives growth for the market.
North America is dominating the Construction Glass Market, due to high range of technological advancements in the glass industry. Asia-Pacific is expected to register the fastest growth, due to rapidly increasing population, disposable income and rising demand from the construction industry in emerging nations such as China and India. Commercial glass segment registers the highest growth rate among all the end-users.
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