Market Size of North America Flat Glass Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Flat Glass Market Analysis
During the forecast period, the North American flat glass market is expected to grow by more than 3% per year, which is a lot.
The COVID-19 pandemic significantly impacted the North American flat glass market's growth in 2020 and 2021 due to several factors, such as nationwide lockdowns and a decline in investments. However, the post-COVID-19 pandemic, ease in the travel ban, rise in transportation activities, and mass vaccination program in 2021 have aided the automotive industry, fueling automobile sales. So, the demand for flat glass in the region is being fueled by the growth of the auto industry.
- Growing demand for electronic displays and increasing demand from the construction industry are driving the market.
- On the flip side, fluctuating raw material prices are hindering the growth of the market.
- In the near future, the growth of the market is likely to benefit from the progress in the automotive industry.
- The United States is expected to account for the largest share of the North American flat glass market.
North America Flat Glass Industry Segmentation
Flat glass is one of the most used materials in the construction and architecture industries due to its properties and the large number of options it offers. It is also used in the production and generation of energy, as is the case with solar panels. used in a multitude of scenarios, such as research, the automotive industry, technology in general, decoration, etc. The North American flat glass market is segmented by product type, end-user industry, and geography. By product type, the market is segmented into annealed glass, coated glass, reflective glass, processed glass, and mirrors. By end-user industry, the market is segmented into construction, automotive, solar, and other end-user industries. The report also covers the market size and forecasts for the flat glass market in three countries across the North American region. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).
| Product Type | |
| Annealed Glass (Including Tinted Glass) | |
| Coater Glass | |
| Reflective Glass | |
| Processed Glass | |
| Mirrors |
| End-user Industry | |
| Construction | |
| Automotive | |
| Solar | |
| Other End-user Industries |
| Geography | |
| United States | |
| Canada | |
| Mexico | |
| Rest of North America |
North America Flat Glass Market Size Summary
The North American flat glass market is poised for significant growth, driven by the resurgence of the automotive and construction industries. The market experienced a downturn during the COVID-19 pandemic due to lockdowns and reduced investments, but has since rebounded with increased transportation activities and automotive sales. The demand for flat glass is further bolstered by the rising need for electronic displays and the ongoing development of smart city projects in Canada and Mexico. Despite challenges such as fluctuating raw material prices, the market is expected to benefit from advancements in the automotive sector and the robust growth of the construction industry, particularly in the United States, which holds the largest market share in the region.
The construction industry remains the largest end-user of flat glass, with extensive applications in windows, façades, and other building components. The United States, Canada, and Mexico are witnessing increased investments in construction, driven by economic growth and infrastructure development. In Canada, healthcare projects like the QEII New Generation Project are contributing to market expansion. The ability to toughen flat glass through advanced heating processes has expanded its use in larger building applications, further supporting market growth. The market is characterized by consolidation, with major players such as Saint-Gobain, AGC Inc., and Guardian Glass LLC leading the industry. Recent strategic moves, such as AGC Inc.'s sale of its North American architectural glass business, highlight the dynamic nature of the market.
North America Flat Glass Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Growing Demand for Electronic Displays
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1.1.2 Increasing Demand from the Construction Industry
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1.2 Restraints
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1.2.1 Fluctuating Raw Material Prices
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Annealed Glass (Including Tinted Glass)
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2.1.2 Coater Glass
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2.1.3 Reflective Glass
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2.1.4 Processed Glass
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2.1.5 Mirrors
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2.2 End-user Industry
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2.2.1 Construction
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2.2.2 Automotive
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2.2.3 Solar
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2.2.4 Other End-user Industries
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2.3 Geography
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2.3.1 United States
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2.3.2 Canada
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2.3.3 Mexico
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2.3.4 Rest of North America
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North America Flat Glass Market Size FAQs
What is the current North America Flat Glass Market size?
The North America Flat Glass Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in North America Flat Glass Market?
Saint-Gobain, Nippon Sheet Glass Co., Ltd, AGC Inc., Guardian Industries Holdings and Şişecam are the major companies operating in the North America Flat Glass Market.
