Global Glass Manufacturing Industry
The world glass industry generates yearly revenue of $75 billion, reports First Research, with leading exporters being the US, France, Japan, China, India and Germany.
The most common products manufactured in the global glass industry are fiberglass, flat glass, glass containers and specialty products such as lenses, optic fibers, mirrors, glassware and TV tubes. The specialty products segment represents around 60% of revenue generated in the global glass industry.
End-use sectors such as the container, bottling, automotive and construction industries account for the greatest demand. Low-cost operations are key as price dictates product sales. Larger outfits benefit from efficiencies of scale, accounting for the industry’s high concentration. Smaller outfits compete through the production of specialty products and by concentrating their efforts on local markets.