Global Spandrel Glass market will reach 2696.3 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/9/26

In 2018, the global Spandrel Glass revenue was increased to 2045.6 million US$ from 1684.1 million US$ in 2013, and it will reach 2696.3 million US$ in 2025, growing at CAGR of 4.02% between 2018 and 2025.

The global average price of Spandrel Glass is in the decreasing trend.

The classification of Spandrel Glass includes Ceramic Frit Spandrel Glass, Silicone Coated Spandrel Glass and Others, and the proportion of Ceramic Frit Spandrel Glass in 2018 is about 46.86%.

Spandrel Glass is widely used in Residential, Commercial and Public Building. The most proportion of Spandrel Glass is Commercial Building and in 2018 with 61.13% market share. The trend of Industrial emissions is stable.

Asia is the largest consumption place, Following Asia, Europe is the second largest consumption place with the consumption market share of 25.63% in 2018.

Market competition is not intense. Asahi Glass Co., NSG Group, Guardian Glass,LLC , Saint-Gobain, Taiwan Glass, Viracon are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

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