Chinese Glass Market

Recovery of the glass industry in China

Chinese Market

Recovery of the glass industry in China

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.

Produzent / Glashütte

Glasfabriken / -hersteller die Produkte aus allen Bereiche der Glasherstellung anbieten: Flachglas (Floatglas, Ornamentglas, Scheiben etc.), Hohlglas wie Flaschen, Behälterglas, pharmazeutisches Glas, technisches Glas wie Leuchten, Lampen, LCD-Bildschirmglas, ultra-weißes Glas für PV-Anwendungen etc.

Zulieferer / Maschinen

Machinery and equipment suppliers covering all production segments, from raw materials to glass melting equipment, production and processing machines, auxiliaries and spare parts.

Handel / Verarbeitung

Glass 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.

Handelsvertreter

Experts in glass industry at a glance, covering all technology segments, from hot end to cold end, as well as sales agents

Institute, Einrichtungen

Your shortcut to exhibitions, universities and research companies

Info Grid

Info

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