North America Flat glass Market SWOT Analysis and Opportunity and Forecast To 2028
North America flat glass market is expected to
gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a
CAGR of 6.8% in the forecast period of 2020 to 2028 and expected to reach USD
37,200,709.41 thousand by 2028. The impact of legislation and regulation;
concerning safety, energy conservation, and noise attenuation have maximized
the growth of flat glass.
The increasing demand
for tempered products in the commercial construction industry due to the
properties of providing undistorted view is driving the growth of the flat
glass market. A flat glass with several layers provides strength that enhances
usage in ultra-thin glass for smartphones. Growing demand for flat glass
products in the aftermarket automotive industry which are cost-effective in
nature is known to be boosting the market growth.
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Market
Analysis and Insights
Flat glass is made
when a molten glass is spread out into the sheets form on the metal plane. The
glass is available in flat sheets of paper, also known as plate glass and sheet
glass. Flat glass is commonly used in doors, windows, automotive glass,
mirrors, and solar panels. Sometimes, it is bent after the production, to use
in automotive and in architectural area which is also considered as modern
applications of the flat glass.
However,
the growing demand of EVs in the developed nations which lower the production
of flat glass in the region can restrain the growth of flat glass market. Other
major restraints that may impact the flat glass market are fluctuation in raw
materials prices and rise in cases of road accidents can minimize its usage.
Now a days, growing use of flat glass in the upcoming restart and renovation of
projects in the construction sector after pandemic, will act as a driver of
growth of the flat glass market.
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North America Flat
glass Market Scope
North
America flat glass market is segmented of the basis into type, function,
product and application. The growth among segments helps you analyse niche
pockets of growth and strategies to approach the market and determine your core
application areas and the difference in your target markets.
·
On the basis of type, the flat
glass market is segmented into float glass, extra clear glass, clear glass,
cast glass, tinted glass, wired glass, special flat glass, patterned glass or
textured glass, blown flat glass and others. In 2021, the demand for
float glass is expected to increase due to the rise in demand for the products,
which makes indoor space brighter.
·
On the basis of function, the
flat glass market is segmented into UV filter glass, heat insulation glass,
safety glazing, soundproofed glazing, self-cleaning glass, ion exchange glass
and others. In 2021, the UV filter glass is projected to dominate the
flat glass market in North America due to the huge amount of health benefits.
·
On the basis of product, the flat
glass market is segmented into coated and uncoated. In 2021, the coated segment
is expected to dominate as the need for scratch resistance increases, which
increases the demand for coated segment in North America.
·
On the basis of application, the
flat glass market is segmented into building and construction, automotive,
aerospace, electronic appliances, solar energy, furniture and others.
In 2021, the building and construction segment is projected to dominate due to
the UV stable properties of the glass which enhances usage in the construction
industry.
Competitive Landscape and North America Flat
glass Market Share Analysis
North
America flat glass market competitive landscape provides details by competitor.
Details included are company overview, company financials, revenue generated,
market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, company
strengths and weaknesses, product launch, clinical trials pipelines, brand
analysis, product approvals, patents, product width and breath, application
dominance, technology lifeline curve. The above data points provided are only
related to the company’s focus related to North America flat glass market.
The major players
covered in the silicon nitride market report are
Saint-Gobain, SCHOTT AG, CARDINAL GLASS INDUSTRIES, INC,
Taiwan Glass Industry Corporation, GUARDIAN GLASS LLC. , Nippon Sheet Glass
Co., AGC Inc., Zibo Yuru Glass Companyfounded, Swift Glass, Vitro, Specialty
Glass Products, Central Glass Co. Ltd, and Sisecam among other players domestic
and global. DBMR analysts understand competitive strengths and provide
competitive analysis for each competitor separately.
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