In the next section emerging types of glass has been found out where the market size and growth rate of these sectors has been shown. An analysis of the drivers explains the factors for growth of the industry that include robust growth and increased use of glass in real estate and automotive sector. Also value added glass is of huge demand in India causing the flat glass market to grow. Also factors favoring the growth of flat glass are glass is widely used in solar products, energy conservation. The relative cost advantage of making glass also works out in favor of India. The challenges include stiff competition from China and rise in price of soda ash which increases the manufacturing cost of flat glass. The trends section includes high demand for value added glass, decorative glasses with digital print technology and also certain strategic investments made.
The competition section gives overview of flat glass manufacturers in India. The competition section shows a graph depicting the price trend and market share of the major players. It includes elaborate profile of the major players in the market along with their financial analysis. Porters Five Forces Analysis has been incorporated for a brief but effective understanding of the market scenario.
The strategic recommendations section focuses on some effective strategic decisions which can be taken up by companies to increase their market share.
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