Architectural Flat Glass Market size in North America to exceed $12.6bn by 2026
Published Date: January 2, 2020 Authors: Kunal Ahuja, Kritika Mamtani
North America Architectural Flat Glass Market size is set to surpass USD 12.60 billion by 2026; according to a new research report by Global Market Insights, Inc.
Flat glass is a type of glass initially produced in plane form which finds compatibility with various coatings & laminations along with different chemical composition for individual applications. It is sourced & manufactured using natural materials which gives sustainable and long lasting qualities. Flat glass and its derivatives are widely used in construction and architectural applications owing to its economical and customizable nature which may boost the market trends. It is compatible with various performance and enhancing coatings which makes it compatible with interior and exterior applications which is boosting market demand for North America architectural flat glass. It is the most common type of glass utilized in various consumer products owing to its high mechanical flexibility, durability, strength & resistance against environment susceptibilities which is likely to boost demand.
Rising concerns regarding consumer safety & high strength properties to trigger tempered glass market share
Market for tempered glass observes rapid adoption rate owing to high environmental effectiveness and lower production costs. High lifespan, durability, and efficiency are among the key factors governing and boosting North America architectural flat glass industry demand. Tempered glass on breaking breaks into blunt and small pieces which makes it compatible with various glass ceiling and stairs applications which is likely to boost market for North America architectural flat glass products. It has exceptional hardness due to which it is majorly used in home applications & building structures including table stops, shower enclosures, partitions, and shelves which should market demand. Supportive government initiatives and rapid investment in infrastructure development is likely to boost North America architectural flat glass market share.
The rising construction spending in North America coupled with the increasing need for durable building materials and growing architectural trends toward the use of glass in building facades are expected to fuel industry demand and strengthen market share. Tempered glass is widely used in interior and exterior applications owing to characteristics like design versatility, heat resistance, high strength, & compatibility with different types of coating, laminating, and toughening which is likely to boost North America architectural flat glass market outlook.
Browse key industry insights spread across 160 pages with 101 market data tables and 42 figures & charts from the report, “North America Architectural Flat Glass Market Size By Product (Laminated, Tempered, Basic Float, Insulating), By Application (New Construction, Refurbishment, Interior Construction), By End-use (Residential, Non-Residential, Industrial), Industry Analysis Report, Country Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” in detail along with the table of contents:
Rising renovation activities may foster North America flat glass market growth
Rise in new construction projects, schools, hospitals, residential programs and office spaces due to increasing demand for reasonable and comfortable infrastructure solutions may boost market share for North America architectural flat glass products. Rapid shift in construction trends regarding the use of flat glass structure in interiors and large size glass elements in exterior applications wide utilization in external glazing applications may fuel North America architectural flat glass market demand.
Rising renovation trends, increasing demand for modern office spaces and concern towards safety in construction is likely to boost the market demand for North America architectural flat glass derivatives. Shifting trends in market to substitute traditional material with flat glass products is increasing market scope for North America architectural flat glass products. It is available in various hues & can be customized to perform photochromatic, UV protection, shatter -proof, and tinted solutions which is likely to foster North America architectural flat glass market share.
Rapid industrialization and urbanization trends to trigger the demand for flat glass in Canada
Rising disposable income, easy availability of housing loans, and positively changing outlook towards sustainable materials in construction is likely to boost market for North America architectural flat glass products. Glass derivatives are widely used in manufacturing construction materials owing to its high durability and resistance to environmental susceptibilities which may boost industry scope.
Various market players are investing in R&D to increase durability and resistance against chemicals to gain competitive edge in the market. Major players are acquiring firms and increasing production capacity to strengthen regional presence and utilize well established distribution networks. The primary market players include Saint – Gobain Glass, Independent Glass, CSG Holding, Dillmeier Glass Company, Corning, Euroglass GmbH, Scheuten Glas Nederland, Schott AG, PPG industries, and Guardia Group.
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