Study Projects More Rapid Growth for Advanced Flat Glass

June 18, 2008
A new study projects that demand for advanced flat glass will grow by 5 percent annually over the next four years, with demand peaking at $7.2 billion in 2012.

The Freedonia Group Inc., a Cleveland-based industry marketing research firm, projects that gains will stem from factors including the recovery of residential building construction activity from a weak 2007 base; ongoing rapid growth in a variety of emerging technologies (such as smart glass and self-cleaning glass); strong gains in laminated glass used as hurricane glass, ballistic glass and burglary resistant glass; and continued advances in certain niche products in the large motor vehicle market.

US ADVANCED FLAT GLASS DEMAND
(million dollars)

% Annual Growth

Item

2002

2007

2012

2002-
2007

2007-
2012

Total Demand

4,787

5,607

7,150

3.2

5.0

Safety & Security Glass

3,244

3,496

4,160

1.5

3.5

Solar Control Glass

1,114

1,529

2,145

6.5

7.0

Other Advanced Glass

429

582

845

6.3

7.7

Source: The Freedonia Group Inc.


Freedonia sees demand for solar control flat glass, the second-largest group of advanced flat glass products covered in the report, increasing 7 percent annually through 2012. In particular, the researchers expect smart glass will finally enjoy significant demand outside of the electrochromic mirrors and liquid crystal display privacy glass that have been available for some years.

The 255-page study notes that security and safety glass products—including both tempered and laminated glass—represent the largest group of advanced flat glass materials, accounting for 62 percent of total demand in 2007. This segment is more mature, but the report points to a number of opportunities, particularly for laminated glass.

Motor vehicle production remains the primary market for advanced flat glass. More information on the $4,500 study is available by contacting Freedonia at 440/684-9600.