Glass Processing Equipment Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 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-glassprocessing-equipment-market-2016-2020 Commenting on the report, an analyst from Technavio’ s 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 commercial and residential buildings. The trend of replacing cement, brick, and granite building exteriors with glass is gaining momentum, which will further contribute to the demand for architectural glass. Fresh opportunities for growing demand is significantly stimulated by the increase in new construction activity and refurbishment of existing buildings. Further, the report states that capital-intensive market will be a challenge for the market. The capital required by glass processing machinery manufacturers to provide advanced and innovative machinery in the market has grown considerably. Inputs such as iron and steel, aluminum, stainless steel, titanium, brass, copper, and other alloys are necessary to manufacture glass processing machinery. These raw materials account for about 48% of the overall manufacturing cost of machinery while labor costs account for about 27%. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/368527 About Production of Glass The production of glass involves the blending, melting, and refining of a mixture comprising high-quality sand (silica), limestone, soda ash, and cullet (crushed recycled glass). The machinery used for cutting, breaking, grinding, and drilling glass for its use in various sectors such as construction, food and beverage, automotive, and consumer electronics constitutes glass processing machinery. Glass processing machinery forms an integral part of the glass industry as it plays a crucial role in transforming glass as per the specific applications of various end-user segments such as construction, automotive, food and beverage, consumer electronics, and furniture. Technavio’ s analysts forecast the global glass processing machinery market to grow at a CAGR of 3.83% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global glass processing machinery market for 2016-2020. The demand for global glass processing machinery from various enduser segments has been considered while determining the market size. The market is divided into the following segments based on geography: Americas APAC EMEA Technavio's report, Global Glass Processing Machinery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/368527 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]

According to the report, one of the key drivers for market growth will be increasing demand for glass from construction industry.