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Storefront Glass Market is anticipated to hit $1.12 billion by 2023 at a CAGR of 5.70%

Storefront Glass Market

Asia Pacific region holds the largest market share and growth in the Storefront Glass Market,and anticipated to reach $645.6 million by 2023 at a CAGR of 6.70%

HYDERABAD, TELANGANA, INDIA, June 18, 2018 / -- According to the new market research report by IndustryARC titled “By Frame (All Glass, Aluminum, Steel, Bronze and Others); By Glass Types (Clear Glass, Tempered Glass and Others); By Glazed System (Center & Offset); By Installation (Screw Spline & Shear Block); By Application, By End User, By Thickness Range and By Geography- Forecast (2018 – 2023)”, the market is driven by the Reverberation in leading architectural markets and growing demand for value-added glass and variations in design, aesthetic trends and technology such as “Digital storefronts”, which are blurring the line between physical and virtual world.

APAC held the largest market share and highest growth rate in the Storefront Glass Market
Asia Pacific region holds the largest market share and growth in the Storefront Glass Market, and is anticipated to reach $645.6 million by 2023 at a CAGR of 6.70%. The growing demand from commercial applications in the APAC region results in strong demand for storefront glass market. Also, innovation in glass products (such as Low-E insulating glass for doors and windows), and exponentially growing population are the factors that escalate the growth in the Urban areas as well as commercial Sector of the world, notably in China and India.

Selected Value Chain Analysis done in the full report
Primary Glass manufacturers (PGM): Value chain of storefront glass initially starts from procuring raw material that include sand, silicon dioxide, cullet and others from various suppliers to produce flat glass. The different raw materials used and their processing charges adds value to the end product.
Fabricator: Fabricators receive flat glass from PGMs that they cut, temper, and heat strengthen, laminate, and fabricate it to obtain the desired glass. For commercial building purposes, the flat glass is directly fabricated into insulated glass units (IG).
Window Manufacturers: Window manufacturers get material directly from PGMs, and manufacture storefront systems with their own frames such as aluminum, wood, vinyl, or wood.
End users: The key end users involved in the storefront glass market are commercial, institutions, residential and others which uses storefront glass in making for various purposes like, doors, etc.

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Excerpts on Market Growth Factors
The factors that drive the Storefront Glass market include weather-related threats, such as hurricanes and tornados as well as security concerns alongside rising income, discretionary spending levels, and standard of living among others.
Insulated glass dominates the market with a share of 39%, and generating revenue of $285.7 million in 2015. It is forecast to grow at a CAGR of 5.6% to reach $400.1 million by 2021.
The natural gas price is the key driver for storefront glass industry as it is the most dominating fuel in the production process.
Innovation in glass products such as low-e coating is driving the storefront glass market. Countries like China, India and the U.S. contribute major share for growing demand. With these key driving factors, the market is estimated to reach $1018 million by 2021.

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Key players of Storefront Glass Market:
Saint Gobain (France), Guardian Industries Corp (Michigan), and sisecam group (turkey) are some of the major companies which produce various types of glass.
Saint Gobain is the key player in storefront glass market with 26% of the market share. The company has carried out various major acquisitions recently which contributed to the positive growth of the company. Saint-Gobain’s Innovative Materials group produces products such as flat glass, abrasives, and ceramics. This segment represents 21% of total net sales of the company.

It is followed by AGC Glass Europe and holds 19% of the overall market share. The others category contributed 15%, consisting of companies such as Nippon, Sisecam Group, Promat International and few others.
Alcoa Inc (U.S.), Tubelite (Michigan), C.R. Laurence Co., Inc (U.S.) are some of the major storefront system manufacturers.
Storefront Glass Market Report is segmented as indicated below
Storefront Glass Market By Type:
Storefront Glass Market By Glass Type
Storefront Glass Market By Glazed Systems
1 Center
2 Offset
Storefront Glass Market by Application
Storefront Glass Market By End-Users
1 Commercial
1.1 Retail Stores
1.2 Restaurants
1.3 Airports
1.4 Hospitals
2 Institutions
2.1 Private
2.2 Government
3 Residential
Storefront Glass Market by Geography (Covers 12 + Countries)
Storefront Glass Market By Entropy

Companies Cited/Referenced/Interviewed:
NSG Group
Asahi Glass Co., Ltd
Cascade Aluminum

Related Reports

A.Electrochromic Glass Market

B.Fire Resistant Glass Market

What can you expect from the report?
The Storefront Glass Market is Prepared with the Main Agenda to Cover the following 20 points:
1.Market Size by Product Categories
2.Market trends
3.Manufacturer Landscape
4.Distributor Landscape
5.Pricing Analysis
6.Top 10 End user Analysis
7.Product Benchmarking
8.Product Developments
9.Mergers & Acquisition Analysis
10.Patent Analysis
11.Demand Analysis (By Revenue & Volume)
12.Country level Analysis (15+)
13.Competitor Analysis
14.Market Shares Analysis
15.Value Chain Analysis
16.Supply Chain Analysis
17.Strategic Analysis
18.Current & Future Market Landscape Analysis
19.Opportunity Analysis
20.Revenue and Volume Analysis

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About IndustryARC:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.
We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help.

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