Edition 57 (Jan-Mar, 2020)

Market Scan
North America flat glass market
share set to reach USD 12.5 bn
by 2024
Rapid Industrialization, Urbanization & Government Regulations May Fuel
Product Demand
According to the Graphical Research new growth forecast report titled “North America Flat
Glass Market analysis based on Product, Application, Industry Analysis Report, Regional
Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024”,
the flat glass market share in North America is estimated to exceed USD 12.5 billion by 2024.
Rising environmental concerns
regarding waste management
along with recyclability of glass
promoting its use in construction and
automotive industries will promote
North America flat glass market
growth. The product is manufactured
in flat form without any methodology
used in the production process.
Growing green building concept along
with increased product usage in
cabinet closure, furniture, solar cells
and table tops will enhance product
demand.
Flourishing construction industry
owing to increasing investments and
rising construction & renovation
expenditure is likely to drive North
America flat glass market. Increased
product usage in automotive
windshields, side and rear windows for
aesthetic look and appearance along
with effective insulation for pleasurable
driving may drive regional industry
growth.
North America tempered glass
market size may account for 5.5% by
the end of forecast period. Increasing
investments in commercial and
residential construction projects
along growing safety concerns is
likely to drive product demand. The
product has exceptional hardness
characteristics due to which it is
used in building structures & home
applications including shelves, table
tops, partitions and shower enclosures,
which in turn will stimulate flat glass
market demand.
Canada flat glass market size
from automotive application may
surpass USD 320 million by 2024.
Rapid urbanization along with rise
in automobile consumption and
production along with vehicle safety
and lightweight properties will
stimulate product penetration over the
forecast timeframe Rise in consumer
spending for lightweight automobile
to reduce carbon emissions growth
along with increased product usage in
manufacturing windows and backlights
will stimulate product demand.
North America flat glass market
share is highly fragmented with key
companies inclusive of Guardian
Group, Xinyi Auto Glass, Dillmeier
Glass Company and Oldcastle Building
Envelope. Companies are now focusing
on innovative strategies to obtain
competitive edge.
Segments Covered
North America Flat Glass Market
Size, By Product
99
Tempered Glass
99
Laminated Glass
99
Basic Float Glass
99
Insulating Glass
99
Others
North America Flat Glass Industry
Demand, By Application
99
Construction
99
Automotive
99
Others
Source:
https://www.graphicalresearch.com/
industry-insights/1045/north-americaflat-glass-market
About Graphical Research
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penetration and entry strategies to portfolio
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company understands that business
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It also provides custom reports that are
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with dedicated analyst support across the
purchase life cycle.
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Website: www.graphicalresearch.com
Glass Bulletin | January - March, 2020 91