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 |
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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.
