Conventional glass is increasingly
being replaced by smart glass because of its properties that reduce energy consumption and elevates energy productivity
in buildings and automobiles. Smart glass is a glass, whose light transmission
properties are altered when heat, light or electrical energy is applied.
Transportation manufacturing companies are using smart glass in sunroofs,
rearview mirrors and windshields as it has the benefits of anti-glaring and
vigorous light emission adjustment properties. It is even used for providing
dimmable windows for private aircrafts and for the construction sector
it is used as solar-control and energy-saving windows and privacy glass which
can switch between clear and non-transparent glass with the click of a switch.
THE BUSINESS RESEARCH COMPANY EXPECTS
THE MINERAL PRODUCTS MARKET TO GROW TO $2 TRILLION BY 2021
Asia Pacific was the largest
region in the mineral products market in 2017, accounting for two-third of the
market share. This can be attributed to the region’s large population and high demand
from residential and industrial building and construction industries.
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The chart below shows the year-on-year
growth of the global mineral products market during 2017 – 2021
According to The Business Research
Company’s Consultant, Nitin Gianchandani, Hollow clay bricks are replacing
solid bricks because they are lighter, strong & durable, cost effective and
eco-friendly. Hollow brick is manufactured using waste materials or natural
substitutes and formed by placing moist clay in a mold. It acts as thermal and
sound insulators due to the air present in the hollow area and also makes
plumbing and other electrical drilling activities easier resulting in low labor
cost. For instance, major companies offering hallow clay bricks include MRF
Bricks, Summit Brick Company and Apollo Brick.
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Lafargeholcim was the largest player in
the mineral products market in 2017, with revenue of $24.5 billion in 2016.
The
company’s growth strategy aims at implementing country specific retail concepts
to increase its net sales and also to gain access to new markets. It has
planned to implement the retail models in 30 – 50 countries by 2020. For
example, it opened franchising retail outlets in the Philippines in 2015 and
currently has 22 stores across major cities of Luzon Island. The company also opened its first Disensa
brand franchised store in Mexico in 2017, for self-builders and smaller
contractors. The company will establish this franchise concept in Colombia,
Central America and Argentina targeting at least 1,000 Disensa stores by the
end of 2017.
The mineral product manufacturing
industry includes establishments offering products such as bricks,
refractories, ceramic products, and glass and glass products, such as plate
glass and containers. This industry also includes cement and concrete products,
lime, gypsum and other nonmetallic mineral products including abrasive products,
ceramic plumbing fixtures, statuary, cut stone products, and mineral wool.
Mineral Products Global Market Report
2018 is a detailed report giving a unique insight into this market. The report
is priced at $6000 for an individual user. To use across your office, the price
is $9000 and $12000 if you wish to use across a multinational company.
About
The Business Research Company:
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mail info@tbrc.info or call +447443439350 or +918897263534 or +919160996838 for
more information on this and many other titles.
The Business Research Company is a
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consumer research.
It has research professionals at its
offices in the UK, India and the US as well a network of trained researchers
globally. It has specialist consultants in a wide range of industries including
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The Business Research Company's
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have delivered hundreds of research projects to the senior management of some
of the world's largest organizations.
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