According to the research report titled ‘Glass Manufacturing Market Size By Product, By Sector (, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2026’, available with Market Study Report, global glass manufacturing market is expected to showcase commendable growth during 2019-2026.
 

Rising adoption of glass materials in automobiles, construction and packaging industries is one of the key factors driving the growth of global glass manufacturing market. Glass typically offers high chemical resistance and transparency well as robust stiffness and fragility. The material is known for not having any thermal or electric conductivity.
 

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Inclination towards using glass materials for applications such as windows, mirrors, doors, glass jars, bottles, plates, bowls, drinking glasses, medical devices, radiation systems and automotive windscreens are stimulating global glass manufacturing market dynamics.
 

Based on product type, the market is bifurcated into specialty glass, fiber glass, container glass, and flat glass. The report states that flat glass accounted for 40% share in global glass manufacturing industry in the year 2018. Flat glass is extensively used in electronics, automotive, and construction industry, which in turn is fueling the segmental share.
 

Moving on to sector type, worldwide glass manufacturing industry is segmented into electronics, telecommunication, construction, automotive & transportation, packaging, and others. The others segment, which comprise of tables, kitchenware, as well as appliance and acoustic insulators, captured 5% market share in 2018 and is predicted to register consistent growth throughout the study duration.
 

Considering the geographical landscape, global glass manufacturing market is classified into North America, Asia-Pacific, Europe, Latin America and Middle East & Africa with primary focus on countries such as Canada, United States, India, China, Japan, Australia, Indonesia, Malaysia, South Korea, Russia, Italy, Spain, France, Germany, U.K., Mexico, Brazil, Kuwait, UAE, Saudi Arabia, and South Africa.
 

The report states that North America accounted for 15% market share in 2018 and is likely to showcase a y-o-y growth rate of 4.1% between 2019 and 2026, primarily driven by rapid expansion of construction and electronics industries.
 

On the other hand, Latin America captured 5% share in worldwide glass manufacturing market in 2018, owing to flourishing food & beverage packaging industry.
 

The major companies operating in global glass manufacturing market are China Glass Holdings Ltd., CSG Holding Co. Ltd., Asahi India Glass Ltd., Guardian Glass LLC, Morgan Advanced Materials, CoorsTek Inc., Vetropack Holding AG, Schott AG, Kyocera Corporation, Nippon Sheet Glass Co. Ltd., Vitro S.A.B. de C.V., Corning Inc., and Compagnie de Saint-Gobain S.A. among others.