India Flat Glass Market Size (2024 - 2029)

Glass in India Market Analysis

The India flat glass market is projected to register a CAGR of over 7.5% during the forecast period.

Due to COVID-19, India entered a complete lockdown scenario in late March, and economic activities started resuming slowly in early August 2020. The outbreak of COVID-19 affected domestic construction, industrial, and manufacturing activities in 2020. However, in 2021, the demand from these sectors recovered in the country and is expected to grow significantly in the coming years.

• Over the short term, increasing demand from the construction industry and growing demand for electronic displays are major factors driving the growth of the market studied.
• However, the increasing cost of raw materials is a key factor anticipated to restrain the growth of the target industry over the forecast period.
• Nevertheless, rising installation of solar panels is likely to create lucrative growth opportunities for the global market soon.

Glass in India Industry Segmentation

Flat glass, often referred to as sheet or plate glass, is frequently used to create solar panels, windows, mirrors, and doors. Sand, silica, limestone, and soda ash are melted to create the liquid, which is then cooled to create the product of the required thickness. The India flat glass market is segmented by product type and end-user industry. By product type, the market is segmented into annealed glass (including tinted glass), coater glass, reflective glass, processed glass, and mirrors. By end-user industries, the market is segmented into building and construction, automotive, solar glass, and other end-user industries. For each segment, the market sizing and forecasts have been done based on revenue (USD million).