Did You Know Glass is Powering the Future?
Flat glass, also known as plate glass, sounds like a boring commodity. After all, what is exciting about windows and decorative accents? But in reality, the global flat glass market is expected to grow by nearly $30 billion before the end of the decade fueling renewable energy.
According to a report from Technavio, demand from the solar energy sector and the trend toward increased construction of green buildings is driving growth in glass production and sales.
“This market caters to diverse industries such as building and construction, solar, automotive production, and more,” the report said. “Solar glass, a key segment, is experiencing a boom due to solar capacity expansions and the rise of floating solar farms and solar panels. Flat glass technology continues to evolve with energy-efficient coatings and innovations in the automotive sector, including electric vehicles and automobiles.”
The global flat glass market encompasses various types of glass, including annealed, coater, reflective, processed and mirror glass. Applications span across building and construction, solar industry, automotive production, electronic displays, and more, the report stated.