Authored By: Sarah
11 Jul 2024

 Flat Glass Processing Machinery Market Size to grow by USD 373.4 million between 2024-2028

According to a research report “ Flat Glass Processing Machinery Market” by Application (Construction, Automotive, Consumer electronics and furnishings, Solar energy, Others) Geography (APAC, Europe, North America, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 373.4 million, at a CAGR of  4.5% during the forecast period. The flat glass processing machinery market is witnessing a significant shift towards energy-efficient manufacturing solutions, with glass manufacturers prioritizing energy savings to mitigate rising energy costs and maintain competitiveness. The energy-intensive nature of the glass processing industry, which includes melting, refining, conditioning, and finishing, necessitates the exploration of energy efficiency improvements. Melting, which consumes approximately 75% of the total energy and operates at 50%-60% efficiency, is the most power-consuming stage. Substantial energy losses occur during melting due to flue gas and structural inefficiencies, making it a critical area for enhancing energy efficiency and reducing operational costs.

Browse market data tables, figures, and in-depth TOC on “Flat Glass Processing Machinery Market” by Application (Construction, Automotive, Consumer electronics and furnishings, Solar energy, Others) Geography (APAC, Europe, North America, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Application, the Construction segment is projected to dominate the market size in 2024

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By Geography, APAC  segment is expected to hold the largest market size for the year 2024

In the construction industry, flat glass processing machinery is essential for the production of high-quality translucent building materials, primarily used in external walls and windows. This material, known as construction glass, boasts a range of desirable properties, including thermal insulation, solar control, safety and security, fire resistance, noise control, chemical resistance, electric resistance, interior design versatility, and stability in varying climatic conditions. As a significant component, accounting for approximately 25% of the total cost of construction materials in economically developed regions, glass's versatility and robustness make it an indispensable asset in the construction sector. The unique combination of chemical resistance, electricity resistance, design flexibility, and inertness to climatic changes sets glass apart as the preferred choice for architects and builders.

APAC is forecasted to hold the largest market size by region in 2024

The Flat Glass Processing Machinery Market represents a significant business opportunity for manufacturers and suppliers. This sector encompasses advanced machinery used for cutting, polishing, tempering, and coating flat glass for various applications. Market growth is driven by increasing construction activities, automotive industry expansion, and rising demand for energy-efficient glass solutions. Companies must stay abreast of technological advancements to remain competitive.

The Flat Glass Processing Machinery Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Benteler International AG
  • Biesse SpA
  • Bottero SpA
  • Bystronic Laser AG
  • Central Glass Co. Ltd.
  • CMS Glass Machinery
  • Glasstech Inc.
  • Glaston Oyj Abp
  • Haselsteiner GmbH
  • HEGLA GmbH and Co. KG
  • IGE Glass Technologies Inc.
  • LandGlass Technology Co. Ltd.
  • LISEC Holding GmbH
  • Luoyang North Glass Technology Co. Ltd
  • OCMI OTG SpA
  • Siemens AG
  • SK Glass Machines India Pvt. Ltd.
  • Shenzhen Handong Glass Machinery Co. Ltd.
  • VON ARDENNE GMBH
  • Zhongshan Deway Machinery Manufacturing Co. Ltd.
.

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Research Analysis Overview

The Flat Glass Processing Machinery Market is witnessing significant growth due to the increasing demand for glass in various large-scale applications. The strength and weight advantages of glass make it an ideal choice for construction projects, particularly in the production of curtain walls. In the construction industry, glass processing equipment is essential for creating energy-efficient buildings and reducing raw material costs. Moreover, the food and beverages industry relies heavily on glass as a packaging material, driving the demand for advanced glass processing machinery. The consumer electronics sector also utilizes flat glass in various applications, such as touchscreens and displays. Technological progressions in glass processing machinery have led to innovations in the solar energy industry, enabling the production of more efficient solar panels. The furniture industry also benefits from glass processing machinery, allowing for the creation of unique and functional designs. Consultants and glass producers are constantly seeking the latest glass processing equipment to stay competitive in the market. The optical sector also utilizes specialized glass processing machinery for the production of lenses and mirrors. In conclusion, the global processing equipment market for flat glass is expected to grow significantly due to its wide range of applications in various industries, including construction, food and beverages, consumer electronics, solar energy, furniture, and the optical sector. The demand for energy-efficient practices and the need for technological advancements will continue to drive the growth of this market.

Market Research Overview

The Flat Glass Processing Machinery Market is witnessing significant growth due to the reliability and precision offered by these machines in various industries. The market is driven by the demand for glass in paper packaging, food and beverages, construction, consumer electronics, solar energy industry, furniture industry, and optical sector. The use of eco-friendly raw materials like silica sand, soda ash, and limestone in glass production adds to the market's appeal. The focus on safety and health in glass processing facilities is a key trend, with machinery designed to minimize contamination and ensure chemical reactions occur safely. Technological progressions have led to energy-efficient practices, reducing the environmental impact of glass production. The reuse and redesign of glass packaging materials ensure freshness and flavor brilliance, making glass an ideal choice for soft drinks and other food and beverage applications. Large-scale glass processing equipment is used in the construction industry for curtain walls and construction projects. Consultants play a crucial role in designing and implementing these facilities. The strength and weight advantages of glass make it a popular choice for various applications, from construction to consumer electronics. The global processing equipment market is expected to grow further due to the increasing demand for glass in various industries and the continuous technological advancements in glass processing machinery.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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