November 26, 2020
According to the recent research report titled ‘North America Architectural Flat Glass Market Size By Product, By Application, By End-use, Industry Analysis Report, Country Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026’, available with Market Study Report, North America architectural flat glass market is anticipated to grow substantially during the analysis period, reaching a valuation of USD 10.05 billion by 2026.
Growing adoption of smart home technology and surging demand for solar panels are primarily driving the growth of North America architectural flat glass market. In addition, various ongoing renovation and construction activities across the region is also contributing to the overall market outlook.
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The widespread adoption of such glasses in the residential and commercial sectors of the area has been fueled by growing inclination towards sustainable construction materials, which in turn is adding traction to North America architectural flat glass industry size.
Such materials are used to boost the aesthetic quality of commercial and residential areas. Furthermore, architectural flat glasses are also available in various textures and colors and are commonly used in infrastructural applications both indoors and outdoors since they offer excellent visual appeal and are compatible with different pastel colors, which in turn is facilitating the business scenario.
Extensive usage of flat glasses in shopping mall infrastructure on account of its high durability and transparency, and allowing for improved shopping experience for customers, is also stimulating North America architectural flat glass industry expansion.
Based on application spectrum, interior construction segment is expected to accrue notable gains over the forecast timespan, owing to shifting customer preferences towards minimalistic aesthetics, glass design, and availability of pastel colors.
Speaking of end-user scope, residential segment of North America architectural flat glass market is anticipated to record substantial growth in the ensuing years. Rising adoption of the product in construction of ceilings, windows, and doors due to its characteristics such as high durability, endurance, and resistance against penetration from flying projectile is favoring the market scenario.
From a regional perspective, Mexico architectural flat glass industry is reckoned to register a decent growth through 2026, creditable to rapid investments towards renovation and construction activities which are witnessing high demand for high-quality glass derivatives.
Supportive government policies aimed towards development of new infrastructure projects are likely to boost the demand for architectural flat glass in the upcoming years. Besides, high demand for minimalistic aesthetics along with customer inclination towards premium construction projects is also adding to the expansion of architectural flat glass market expansion in Mexico.
Leading organizations impacting North America architectural flat glass market dynamics are GrayGlass Company, Central Glass Co. Ltd., Schott AG, Scheuten Glas Netherland B.V., Sisecam Group, Interpane Glas Industrie AG, Corning Incorporated, Cardinal Glass Industries Inc., NSG Group, Trulite Glass and Aluminum Solutions, Paragon Tempered Glass, LLC, Syracuse Glass Company, Oldcastle BuildingEnvelope Inc., Dillmeier Glass Company, Saint-Gobain Glass, Xinyi Auto Glass Corporation, Guardian Glass LLC, Vitro Architectural Glass, and AGC Glass North America Inc.