Market Forecast By Chemical Composition (Soda-lime, Potash-lime, Potash-lead), By Type (Low-e Glass, Special Glass), By Manufacturing Process (Float Process, Rolled/sheet Process), By Application (Residential, Commercial, Others) And Competitive Landscape
Product Code: ETC355358 | Publication Date: Aug 2022 | Updated Date: Aug 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Turkey Construction Glass market currently, in 2023, has witnessed an HHI of 4197, Which has increased slightly as compared to the HHI of 2653 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Turkey Construction Glass Market |
Forecast period | 2024-2030 |
CAGR | 5% |
Growing Sector | Construction |
The Turkey Construction Glass Market report comprehensively covers the market by Chemical Composition, Type, Manufacturing Process, and Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Turkey Construction Glass Market is experiencing significant growth. This type of glass, created using progressive technologies, is employed in diverse construction tasks in residential, commercial, and other applications.
According to 6Wresearch, the Turkey Construction Glass Market is projected to grow at a CAGR of 5% during the forecast period. One of the key drivers for the growth of the Turkey Construction Glass Market is the booming construction industry in Turkey. The country's strong economic growth and rapid urbanization have resulted in a surge in construction activities, creating a high demand for construction glass. Another major driver for the market is the increasing demand for energy-efficient and sustainable building materials. With rising awareness about environmental concerns and government initiatives promoting green construction, there has been a significant shift towards using construction glass in buildings to improve their energy efficiency. Moreover, the growing trend of incorporating natural light into building design has also led to an increased use of construction glass.
Despite the positive growth prospects, there are some challenges that might hinder the growth of the Turkey Construction Glass Market. One of the major challenges is the high cost associated with construction glass compared to traditional building materials. This can limit its adoption among small and medium-sized construction projects with budget constraints. Moreover, fluctuations in raw material prices can also impact the overall market growth.Another challenge faced by the market is the availability of alternatives such as plastic and polycarbonate materials, which offer similar properties at a lower cost.
Some of the leading players operating in the Turkey Construction Glass Market are Şişecam Group, Trakya Cam Sanayii A.Ş., Guardian Glass, AGC Inc., Saint-Gobain S.A., and Pilkington Group Limited.Currently AGC Inc. holds the dominant market share.
The Turkish government has implemented various regulations and initiatives to promote sustainable and energy-efficient construction practices. These include the Green Building Regulations, which set standards for energy efficiency, water conservation, and waste management in buildings. Additionally, the government has also implemented tax incentives for green building certifications. Moreover, the Turkish government's plans for economic development through infrastructure projects such as transportation networks and urban renewal programs are expected to drive the demand for construction glass in the country.
The Turkey Construction Glass Market is projected to continue its growth with the rising adoption of sustainable and eco-friendly construction materials. Turkey Construction Glass Market is expected to continue its growth trajectory in the coming years as the construction industry continues to expand and demand for energy-efficient materials increases. Moreover, advancements in technology are leading to new innovations in construction glass, making it even more attractive for use in various building projects. In addition, with increasing environmental concerns and government regulations promoting sustainable practices, there will be a growing demand for eco-friendly construction materials like construction glass.
According to Dhaval, Research Manager, 6Wresearch, The soda-lime segment currently holds the dominant share in the Turkey Construction Glass Market due to its wide range of applications and cost-effectiveness.
The Low-E Glass segment holds the dominant share in the Turkey Construction Glass Market. This is due to its energy-efficient properties.
The Float Process holds the dominant share in the Turkey Construction Glass Market. This is due to its superior quality and versatility in producing different varieties of glass.
The residential segment holds the dominant share in the Turkey Construction Glass Market. This is due to the widespread use of construction glass in homes for windows, facades, and interior decorations.
The report offers a comprehensive study of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Turkey Construction Glass Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey Construction Glass Market Revenues & Volume, 2020 & 2030F |
3.3 Turkey Construction Glass Market - Industry Life Cycle |
3.4 Turkey Construction Glass Market - Porter's Five Forces |
3.5 Turkey Construction Glass Market Revenues & Volume Share, By Chemical Composition, 2020 & 2030F |
3.6 Turkey Construction Glass Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Turkey Construction Glass Market Revenues & Volume Share, By Manufacturing Process, 2020 & 2030F |
3.8 Turkey Construction Glass Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Turkey Construction Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Turkey Construction Glass Market Trends |
6 Turkey Construction Glass Market Segmentations |
6.1 Turkey Construction Glass Market, By Chemical Composition |
6.1.1 Overview and Analysis |
6.1.2 Turkey Construction Glass Market Revenues & Volume, By Soda-lime, 2020-2030F |
6.1.3 Turkey Construction Glass Market Revenues & Volume, By Potash-lime, 2020-2030F |
6.1.4 Turkey Construction Glass Market Revenues & Volume, By Potash-lead, 2020-2030F |
6.2 Turkey Construction Glass Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Turkey Construction Glass Market Revenues & Volume, By Low-e Glass, 2020-2030F |
6.2.3 Turkey Construction Glass Market Revenues & Volume, By Special Glass, 2020-2030F |
6.3 Turkey Construction Glass Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Turkey Construction Glass Market Revenues & Volume, By Float Process, 2020-2030F |
6.3.3 Turkey Construction Glass Market Revenues & Volume, By Rolled/sheet Process, 2020-2030F |
6.4 Turkey Construction Glass Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Turkey Construction Glass Market Revenues & Volume, By Residential, 2020-2030F |
6.4.3 Turkey Construction Glass Market Revenues & Volume, By Commercial, 2020-2030F |
6.4.4 Turkey Construction Glass Market Revenues & Volume, By Others, 2020-2030F |
7 Turkey Construction Glass Market Import-Export Trade Statistics |
7.1 Turkey Construction Glass Market Export to Major Countries |
7.2 Turkey Construction Glass Market Imports from Major Countries |
8 Turkey Construction Glass Market Key Performance Indicators |
9 Turkey Construction Glass Market - Opportunity Assessment |
9.1 Turkey Construction Glass Market Opportunity Assessment, By Chemical Composition, 2020 & 2030F |
9.2 Turkey Construction Glass Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Turkey Construction Glass Market Opportunity Assessment, By Manufacturing Process, 2020 & 2030F |
9.4 Turkey Construction Glass Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Turkey Construction Glass Market - Competitive Landscape |
10.1 Turkey Construction Glass Market Revenue Share, By Companies, 2023 |
10.2 Turkey Construction Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |