The glass industry has been shifting from a period of prosperity and growth to a period of economic contraction. Over the past 20 years, global glass demand in most modern countries has grown more quickly than GDP. Since 2005, the demand for glass in China has been outpaced by supply, resulting in a slowdown in growth in the industry.
The slowdown largely resulted from government regulations constraining growth, environmental problems and costly raw materials and high fuel expenses. In 2008, China´s glass industry was heavily affected by the global economic crisis. To offset slowing global growth, on November 5, 2008, at the State Council meeting, Premier Wen Jiabao offered a RMB4 trillion ($586 billion) stimulus package for the next two years and announced the government would move to a proactive fiscal and a moderately relaxed monetary policy.
Pursuant to the stimulus package, the Chinese government has committed to increase domestic demand and fuel economic growth by promoting the recovery of ten major industries, including automobile and construction. The actions taken by the Chinese government should significantly increase the demand for glass products which are essential for construction and automobile industries and will provide market opportunities all the companies.
Producer / Glass ManufacturerGlass factories covering all segments from flat glass of all kinds (float, patterned, sheets), hollow glass makers for containers, bottles, packaging or pharmaceutical, technical glass makers producing bulbs, LCD, Ultra white glass for PV-applications etc.
Supplier / MachineryMachinery and equipment suppliers covering all production segments, from raw materials to glass melting equipment, production and processing machines, auxiliaries and spare parts.
Trading / Glass ProcessingGlass Processing companies for flat glass, hollow glass, as well as glass trading companies for finished glass products such as building glass, tempered and laminated glass aso.
ConsultantsExperts in glass industry at a glance, covering all technology segments, from hot end to cold end, as well as sales agents
Institution, FacilitiesYour shortcut to exhibitions, universities and research companies
© 2018 OGIS GmbH, None of this information may be reproduced in any way without any written consent from us. Subject to technical changes.