North America Float Glass Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Type (Clear Glass, Tinted Glass, Textured Glass, and Others) and Application (Automotive and Transportation, Building and Construction, Electronics, and Others)


No. of Pages: 110    |    Report Code: TIPRE00027057    |    Category: Chemicals and Materials

North America Float Glass Market
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The North America float glass market is expected to grow from US$ 14,435.21 million in 2021 to US$ 20,591.82 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.

 

Float glass is manufactured through a melting process, where recycled glass, lime, silica sand, potash, and soda are melted in a furnace and floated onto a bed of molten tin. Float glass is being increasingly used in the building & construction industry, which includes the residential, commercial, and industrial sectors. Float glass has a high degree of light transmission, the ability to produce a range of colors and opacities, and good chemical inertness, which increased its demand from the construction industry. The float glass is used for windows and doors in the residential sector, serving both aesthetic and functional applications. It is also being increasingly utilized in interior design and modern architecture. In the commercial sector, float glass is in demand as it provides an attractive and easy-to-maintain exterior surface. Float glass offers light and heat transmittance, influencing the amount of heating and cooling required inside a building according to different seasons and climates. The float glass is also being used as display windows in the retail outlets due to its transparent nature, hardness, and ease of cleaning. Due to the rise in environmental concerns, there has been an increased demand for float glass in the construction industry as it helps in achieving Leadership in Energy and Environment Design (LEED) certification for residential and commercial constructions. The rise in consumer awareness about the safety of buildings and an increased focus on maintaining the government's building codes are expected to increase the demand for float glass further. Thus, the increasing demand for float glass from the building & construction industry will fuel the growth of the North America float glass market during the forecast period.

 

In case of COVID-19, North America is highly affected specially the US. This has negatively impacted the overall manufacturing processes, research, and development activities. However, on May 26, 2021, 288 million doses have been given so far administered in the US, and the governments are also planning to revive their operations soon. Slowly and gradually manufacturing units are being operationalized and various industries are recovering which will have a positive impact on the float glass market. For instance, the construction activities in the US are deemed as an essential service. In particular, the US saw an increase in residential construction activities in 2020 and according to the U.S. Census Bureau, new private home projects were up 6.7% over 2019, a trend that is expected to continue. Thus, the recovering construction and automotive industries will increase the demand for float glass in the upcoming years.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America float glass market. The North America float glass market is expected to grow at a good CAGR during the forecast period. 

 

North America Float Glass Market Revenue and Forecast to 2028 (US$ Million)

  

North America Float Glass Market Revenue and Forecast to 2028 (US$ Million)    

 

North America Float Glass Market Segmentation 

North America Float Glass Market –

By Type

  • Clear Glass
  • Tinted Glass
  • Textured Glass
  • Others

North America Float Glass Market –

By

Application

  •  Automotive and Transportation
  • Building and Construction
    • Residential
    • Commercial 
    • Industrial
  • Electronics
  • Others

North America Float Glass Market, by Country

  • US  
  • Canada
  • Mexico  

North America Float Glass Market - Companies Mentioned

  • AGC Inc.
  • Cardinal Glass Industries, Inc
  • Guardian Industries Holdings
  • Nippon Sheet Glass Co., Ltd
  • SCHOTT AG
  • Xinyi Glass Holdings Limited

 

 

North America Float Glass Strategic Insights

Strategic insights for the North America Float Glass provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Float Glass Report Scope

Report Attribute Details
Market size in 2021 US$ 14,435.21 Million
Market Size by 2028 US$ 20,591.82 Million
Global CAGR (2021 - 2028) 5.2%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Type
  • Clear Glass
  • Tinted Glass
  • Textured Glass
By Application
  • Automotive and Transportation
  • Building and Construction
  • Electronics
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • AGC Inc.
  • Cardinal Glass Industries, Inc
  • Guardian Industries Holdings
  • Nippon Sheet Glass Co., Ltd
  • SCHOTT AG
  • Xinyi Glass Holdings Limited
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    North America Float Glass Regional Insights

    The geographic scope of the North America Float Glass refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - North America Float Glass Market

    1. AGC Inc.
    2. Cardinal Glass Industries, Inc
    3. Guardian Industries Holdings
    4. Nippon Sheet Glass Co., Ltd   
    5. SCHOTT AG
    6. Xinyi Glass Holdings Limited
    Frequently Asked Questions
    How big is the North America Float Glass Market?

    The North America Float Glass Market is valued at US$ 14,435.21 Million in 2021, it is projected to reach US$ 20,591.82 Million by 2028.

    What is the CAGR for North America Float Glass Market by (2021 - 2028)?

    As per our report North America Float Glass Market, the market size is valued at US$ 14,435.21 Million in 2021, projecting it to reach US$ 20,591.82 Million by 2028. This translates to a CAGR of approximately 5.2% during the forecast period.

    What segments are covered in this report?

    The North America Float Glass Market report typically cover these key segments-

    • Type (Clear Glass, Tinted Glass, Textured Glass)
    • Application (Automotive and Transportation, Building and Construction, Electronics)

    What is the historic period, base year, and forecast period taken for North America Float Glass Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Float Glass Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in North America Float Glass Market?

    The North America Float Glass Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • AGC Inc.
  • Cardinal Glass Industries, Inc
  • Guardian Industries Holdings
  • Nippon Sheet Glass Co., Ltd
  • SCHOTT AG
  • Xinyi Glass Holdings Limited
  • Who should buy this report?

    The North America Float Glass Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Float Glass Market value chain can benefit from the information contained in a comprehensive market report.

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