Product Code: ETC041285 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Flat Glass market currently, in 2023, has witnessed an HHI of 3452, Which has decreased slightly as compared to the HHI of 5537 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.
India is the second-largest flat glass market in Asia, after China. The increasing demand for energy efficient and aesthetically pleasing glass products has driven the growth of this sector. The growth of India`s construction industry, rapid urbanization, rising disposable income levels, and a significant improvement in living standards are some of the major drivers driving the Indian flat glass market. In addition to these factors, favorable government initiatives such as Make in India and Smart Cities Mission have encouraged investments from foreign companies that produce and supply high quality flat glass solutions.
1) Growing Construction Industry: The escalating demand for residential buildings across India has fuelled the growth of its construction industry which in turn drives almost all sectors related to building materials including flat glasses. This trend is expected to continue over the forecast period due to increased investment in infrastructure projects by both public and private bodies.
2) Surging Demand From Automotive Sector: Increasing vehicle production has led to an increase in demand for automotive glasses with advanced features like tinting or privacy options also being adopted on a large scale providing an impetus to the overall market?s growth rate over the forecast period 2020-2026.
3) Technological Advancements & Innovations Leading To Quality Improvement & Cost Reduction : Various technological advancements such as pane edge sensing system (PESS), automatic inspection systems etc., have enabled manufacturers to improve product quality while reducing costs at same time thus helping them stay competitive amidst fierce competition among players operating within Indian Flat Glass Market space.
1) High Import Duty On Raw Materials : Higher import duty imposed on raw materials used by domestic manufacturing units often makes it difficult for them compete against imported finished products due to price difference between two hence leading many potential customers away from local producers even if they are producing superior quality goods .
2) Stringent Environmental Regulations : In order meet stringent environmental regulations proposed by respective governments , companies need invest considerable amount money into research & development activities related improving their production processes make them friendlier environment eventually leading increased operational cost burden further impacting their bottom lines adversely.
Saint Gobain SGG Group , Asahi India Glas s Limited , GGI International Pvt Ltd , Benett AutoGlass Private Ltd., Hindustan National Glass Industries Limited , Old Castle Building Solutions Inc., Central Glass Co Ltd., Guardian Industries Corporation amongst others are some prominent names active within Indian Flat Glass Market space .
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 India Flat Glass Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Flat Glass Market Revenues & Volume, 2020 & 2030F |
3.3 India Flat Glass Market - Industry Life Cycle |
3.4 India Flat Glass Market - Porter's Five Forces |
3.5 India Flat Glass Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Flat Glass Market Revenues & Volume Share, By Technology, 2020 & 2030F |
3.7 India Flat Glass Market Revenues & Volume Share, By End-Use Industry, 2020 & 2030F |
4 India Flat Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Flat Glass Market Trends |
6 India Flat Glass Market, By Types |
6.1 India Flat Glass Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Flat Glass Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Flat Glass Market Revenues & Volume, By Basic Float Glass, 2020-2030F |
6.1.4 India Flat Glass Market Revenues & Volume, By Toughened Glass, 2020-2030F |
6.1.5 India Flat Glass Market Revenues & Volume, By Coated Glass, 2020-2030F |
6.1.6 India Flat Glass Market Revenues & Volume, By Laminated Glass, 2020-2030F |
6.1.7 India Flat Glass Market Revenues & Volume, By Extra Clear Glass, 2020-2030F |
6.1.8 India Flat Glass Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Flat Glass Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India Flat Glass Market Revenues & Volume, By Float, 2020-2030F |
6.2.3 India Flat Glass Market Revenues & Volume, By Rolled, 2020-2030F |
6.2.4 India Flat Glass Market Revenues & Volume, By Sheet, 2020-2030F |
6.3 India Flat Glass Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Flat Glass Market Revenues & Volume, By Construction & Infrastructure, 2020-2030F |
6.3.3 India Flat Glass Market Revenues & Volume, By Automotive & Transportation, 2020-2030F |
6.3.4 India Flat Glass Market Revenues & Volume, By Solar Energy, 2020-2030F |
7 India Flat Glass Market Import-Export Trade Statistics |
7.1 India Flat Glass Market Export to Major Countries |
7.2 India Flat Glass Market Imports from Major Countries |
8 India Flat Glass Market Key Performance Indicators |
9 India Flat Glass Market - Opportunity Assessment |
9.1 India Flat Glass Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Flat Glass Market Opportunity Assessment, By Technology, 2020 & 2030F |
9.3 India Flat Glass Market Opportunity Assessment, By End-Use Industry, 2020 & 2030F |
10 India Flat Glass Market - Competitive Landscape |
10.1 India Flat Glass Market Revenue Share, By Companies, 2023 |
10.2 India Flat Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |