Glass Processing Equipment Market Share, Size, Analysis and Forecasts 2016-2020

Technavio Announces the Publication of its Research Report Global Glass Processing Machinery Market 2016-2020

Technavio recognizes the following companies as the key players in the global glass processing machinery market: Biesse, Bottero, CMS Glass Machinery, Conzzeta, Glaston, and OCMI-OTG.

Other Prominent Vendors in the market are: Benteler International, Deway Glass Processing Machinery, IGE Glass Technologies, LandGlass, LiSEC, Shenzhen Handong Glass Machinery, Siemens, SK Glass Machines, and VICDA-ASG Glass Machinery.

Browse full report with TOC@ https://marketreportscenter.com/reports/368527/global-glass-processing-equipment-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Introduction of solar control and lightweight glasses will be a key trend for market growth. The global glass market is witnessing the growing use of solar control and lightweight glasses in buildings and motor vehicles worldwide. Solar control glass not only adds to the aesthetics of a building but also minimizes energy costs by reducing the need for air-conditioning systems. In regions that have hot climatic conditions, the use of such glasses in buildings helps reduce solar heat gain and control glare. In temperate regions, this kind of glass aids in solar control and to balance natural light. Thus, such functionalities are propelling the demand for solar control glass worldwide, which, in turn, is expected to contribute to the global glass processing machinery market during the forecast period.”

According to the report, one of the key drivers for market growth will be increasing demand for glass from construction industry. The construction sector is one of the major end-users of glass, accounting for approximately 32% in 2015. Almost 80% of flat glass is used in construction applications. Benefits such as safety, security, environmental protection, and natural insulation offered by architectural glass is guiding its steady rise in both...