Abstract
Flat glass demand in China to increase 7.9% annually through 2013
Demand for flat glass in China is forecast to rise 7.9 percent per year
through 2013 to 2.7 billion square meters. Measured in value terms, flat glass
demand is expected to rise 11.3 percent per year, reaching 130 billion yuan.
Sales of flat glass will benefit from government spending initiatives -- such
as the construction of affordable and low-rent houses and physical
infrastructure -- many of which were designed to offset the effects of the
global economic downturn. In addition, ongoing industrialization, rising
income levels, further population and household growth, expanding motor
vehicle production, trends favoring larger LCD panel size and expansions of
solar cell projects will fuel flat glass sales in China through the forecast
period.
Fabricated flat glass to enjoy strong growth
Two major trends are occurring within the China flat glass industry, both of
which will boost value gains. First, float glass will continue to replace less
expensive sheet glass in many markets. Second, high value fabricated glass
will increasingly be used in lieu of nonfabricated glass as consumers insist
on better performing building materials.
Safety glass demand (including tempered and laminated) is projected to
increase 13.2 percent per year through 2013, benefiting from rising income
levels and expanding building stock. Moreover, strong growth in motor vehicle
production will also stimulate new safety glass sales.
Insulating glass is forecast to grow 11.8 percent annually through 2013. Gains
will be boosted by healthy growth in construction of residential and
commercial buildings, schools and hospitals.
A variety of other fabricated flat glass products will register fast-paced
growth through 2013. Product gains will be driven by rising numbers of new
nonresidential buildings (e.g., offices, banks, luxury hotels, shopping malls,
hospitals, schools, museums and theaters), fast increases in production of
large LCD TV and other electronic displays, and rising output of solar cells.
Electronic displays to be fastest growing market
The architectural market will remain dominant through 2013, when sales will
approach 2.4 billion square meters. Advances will be bolstered by rising
income levels, further urbanization and government efforts to improve living
conditions for low-income earners and increase average living space per
capita. In addition, the expansion of high-end hotel chains in China will help
flat glass demand in this market. Demand for flat glass in the motor vehicle
market will benefit from rapid growth in motor vehicle output as global and
local automakers expand investment activity. The smaller electronic displays
market is forecast to rise at the fastest pace through 2013, driven by strong
increases in electrical/electronic product output, the innovation of new
glass-using products and rising personal income levels.
Study coverage
This new Freedonia industry study, Flat Glass in China, presents historical
demand data (1998, 2003 and 2008) plus forecasts for 2013 and 2018 by type,
market and region. The study also considers market environment factors,
evaluates company market share and profiles 32 industry competitors.
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Economic Overview
- Recent Economic Performance
- Economic Outlook
- Demographic Overview
- Consumer Trends
- Personal Income & Expenditures
- Consumer Financing
- Currency Exchange Rates
- Building Construction Outlook
- Industrialization & Manufacturing Trends
- Electrical/Electronics Sector Outlook
- Motor Vehicle Outlook
- Regulatory & Environmental Trends
III. OVERVIEW
- General
- Pricing Patterns
- International Environment
- Foreign Trade
IV. PRIMARY FLAT GLASS
- Supply & Demand
- Float Glass
- Float Glass Production Capacity
- Unfabricated Applications
- Fabricated Glass Manufacturing
- Sheet Glass
- Unfabricated Applications
- Fabricated Glass Manufacturing
V. FABRICATED FLAT GLASS
- Supply & Demand
- Laminated
- Insulating Glass
- Mirrors
- Silver Mirrors
- Aluminum Mirrors
- Advanced Fabricated Mirrors
- Other
VI. MARKETS
- General
- Architectural Market
- Residential Building Construction
- New Construction
- Improvement & Repair
- Nonresidential Building Construction
- New Construction
- Improvement & Repair
- Motor Vehicle Market
- Original Equipment Markets
- Aftermarket
- Electronic Display Market
- Other Markets
VII. REGIONAL TRENDS
- General
- Regional Demographic & Economic Trends
- Population Patterns
- Economic Outlook
- Consumer Trends
- Regional Building Construction Expenditures
- Regional Manufacturing Production Outlook
- Regional Motor Vehicle Outlook
- Regional Flat Glass Demand
- Central-North
- Overview
- Flat Glass Demand
- Northeast
- Overview
- Flat Glass Demand
- Central-East
- Overview
- Flat Glass Demand
- Central-South
- Overview
- Flat Glass Demand
- Southwest
- Overview
- Flat Glass Demand
- Northwest
- Overview
- Flat Glass Demand
VIII. INDUSTRY STRUCTURE
- General
- Industry Composition
- Market Share
- Marketing & Distribution
- Financial Issues & Requirements
- Cooperative Agreements
- Foreign Participation in the Chinese Market
- Legal & Regulatory Issues
- Joint Ventures
- Wholly Owned Foreign Enterprises
- Representative Offices
COMPANY PROFILES
- AGC Automotive China, see Asahi Glass
- AGC Automotive Foshan, see Asahi Glass
- AGC Flat Glass China, see Asahi Glass
- Anhui Huaguang Glass Group Company Limited
- Asahi Glass Company Limited
- China Glass Holdings Limited
- China Luoyang Float Glass Group Company Limited
- China Yaohua Glass Group Corporation
- Corning Incorporated
- CSG Holding Company Limited
- Dezhou Jinghua Group Company Limited
- Farun Group Company Limited
- Fuyao Group Glass Industries Company Limited
- Guangdong Fu Rui Industrial Development Company
- Guangdong Jiangmen ISN Float Glass Company Limited
- Hangzhou Glass Group Company Limited
- Hebei Daguangming Industry Group Company Limited
- Hebei Jingniu Group Company Limited
- Hebei Yingxin Glass Group Company Limited
- Hubei Sanxia New Building Materials Company Limited
- Intex Glass Xiamen Company Limited
- Jiangsu SHD New Materials, see China Glass
- Jiangsu Xiuqiang Group
- Jinjing Group Company Limited
- Nanning Float Glass Company Limited
- Nippon Electric Glass Company Limited
- Nippon Sheet Glass Company Limited
- Pilkington Group, see Nippon Sheet Glass
- Qinhuangdao Aoge Group Company Limited
- Saint-Gobain
- SCHOTT AG
- Shaanxi Blue Star Glass, see China Glass
- Shanghai Yaohua Pilkington Glass, see Nippon Sheet Glass and China Yaohua
Glass Group
- Shanxi Lihu Glass Industry Company Limited
- Sichuan Glass Company Limited
- Taicang Pilkington China Glass Special Glass, see China Glass and Nippon
Sheet Glass
- Taiwan Glass Industry Corporation
- Weihai Blue Star Glass Company, see China Glass
- Wuhai Blue Star Glass Group, see China Glass
- Wuhan Changli Glass Company Limited
- Xinyi Glass Holdings Limited
- Yin Tong Glass Company Limited
- Zhejiang Glass Company Limited
- Zhejiang Hehe Holding Group Company Limited
- Zhenhua Company, see Dezhou Jinghua Group
- Other Companies Mentioned in the Study
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
SECTION II -- MARKET ENVIRONMENT
- 1 Gross Domestic Product of China
- 2 Population of China by Age
- 3 Households in China by Region
- 4 Personal Income & Expenditures in China
- 5 Consumer Financing Environment in China, 1998-2008
- 6 Chinese Currency Exchange Rates, 1998-2008
- 7 Building Construction Expenditures in China
- 8 Manufacturing Value Added in China
- 9 Electrical & Electronic Product Outlook for China
- 10 Motor Vehicle Outlook for China
SECTION III -- OVERVIEW
- 1 Flat Glass Demand in China by Product
- 2 Flat Glass Pricing Patterns in China
- 3 Trends in Chinese Foreign Trade in Primary Flat Glass
- 4 Trends in Chinese Foreign Trade in Fabricated Flat Glass
SECTION IV -- PRIMARY FLAT GLASS
- 1 Primary Flat Glass Supply & Demand in China
- 2 Float Glass Supply & Demand in China
- 3 Float Glass Production Capacity in China, 2008
- 4 Float Glass Demand in Unfabricated Applications in China
- 5 Float Glass Demand in Fabricated Glass Manufacturing in China
- 6 Sheet Glass Supply & Demand in China
- 7 Sheet Glass Demand in Unfabricated Applications in China
- 8 Sheet Glass Demand in Fabricated Glass Manufacturing in China
SECTION V -- FABRICATED FLAT GLASS
- 1 Fabricated Flat Glass Supply & Demand in China
- 2 Safety Glass Supply & Demand in China
- 3 Tempered Glass Supply & Demand in China
- 4 Laminated Glass Supply & Demand in China
- 5 Insulating Glass Supply & Demand in China
- 6 Mirror Supply & Demand in China
- 7 Other Fabricated Flat Glass Supply & Demand in China
SECTION VI -- MARKETS
- 1 Flat Glass Demand in China by Market
- 2 Architectural Flat Glass Demand in China
- 3 Residential Market for Flat Glass in China
- 4 Nonresidential Market for Flat Glass in China
- 5 Motor Vehicle Flat Glass Demand in China
- 6 Original Equipment Motor Vehicle Market for Flat Glass in China
- 7 Motor Vehicle Aftermarket for Flat Glass in China
- 8 Electronic Display Flat Glass Demand in China
- 9 Other Markets for Flat Glass in China
SECTION VII -- REGIONAL TRENDS
- 1 Population of China by Region
- 2 Gross Domestic Product of China by Region
- 3 Per Capita Disposable Personal Income in China by Region
- 4 Building Construction Expenditures in China by Region
- 5 Manufacturing Value Added in China by Region
- 6 Motor Vehicle Production & Park in China by Region
- 7 Flat Glass Demand in China by Region
- 8 Central-North Region of China: Flat Glass Demand
- 9 Northeast Region of China: Flat Glass Demand
- 10 Central-East Region of China: Flat Glass Demand
- 11 Central-South Region of China: Flat Glass Demand
- 12 Southwest Region of China: Flat Glass Demand
- 13 Northwest Region of China: Flat Glass Demand
SECTION VIII -- INDUSTRY STRUCTURE
- 1 Revenue Data: Selected Flat Glass Companies, 2008
- 2 Selected Cooperative Agreements
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
- 1 Population of China by Age, 1998-2018
- 2 Chinese Currency Exchange Rates, 1998-2008
SECTION VI -- MARKETS
- 1 Flat Glass Demand in China by Market, 2008
SECTION VII -- REGIONAL TRENDS
- 1 Flat Glass Demand in China by Region, 2008
- 2 Central-North Region of China
- 3 Northeast Region of China
- 4 Central-East Region of China
- 5 Central-South Region of China
- 6 Southwest Region of China
- 7 Northwest Region of China
SECTION VIII -- INDUSTRY STRUCTURE
- 1 Flat Glass Market Share in China by Company, 2008
