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World Demand of Flat GlassAccording to a study from the Freedonia Group, production of flat glass is projected to increase 5.2% per year through 2008 to 48.3 million metric tons, of which around 34 million metric tons will be high quality float glass. Construction markets will grow the fastest based on expanding global fixed investment; consequently, demand in the already dominant architectural glass sector will register the best gains. The market for architectural glass is forecast to grow 5.4% per year through 2008 to US$53 billion; it will benefit from the greater use of value-added glazing products (such as laminated, tempered, mirrored glass and above all, double-glazed insulated glass units, which have become more and more popular in developed countries, often incorporating low emissivity coatings, as well as new generations of security and fire-rated glass, self cleaning glass, and smart windows that promise unprecedented control and energy savings.) Asia will continue to offer strong annual gains, with growth especially strong in China and India. 11.09.2007, CEMS News material on the Site is copyright and belongs to the Company or to its third party news provider, and all rights are reserved. Any User who accesses such material may do so only for its own personal use, and the use of such material is at the sole risk of the User. Redistribution or other commercial exploitation of such news material is expressly prohibited. Where such news material is provided by a third party, each User agrees to observe and be bound by the specific terms of use applying to such news material. We do not represent or endorse the accuracy or reliability of any of the info contained in any news or external websites referred to in the news.
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