Market Size of US Flat Glass Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 11.66 Billion |
Market Size (2029) | USD 14.98 Billion |
CAGR (2024 - 2029) | 5.13 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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US Flat Glass Market Analysis
The US Flat Glass Market size is estimated at USD 11.66 billion in 2024, and is expected to reach USD 14.98 billion by 2029, growing at a CAGR of 5.13% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the market, owing to several restrictions imposed by the United States government. However, post-pandemic, the market recovered significantly with the resumption of various residential and infrastructural projects and the implementation of new construction projects in the country.
- The growing demand for electronic displays, increasing demand from the construction industry, and increasing usage of flat glass in the production of solar panels are significant factors driving the growth of the market studied.
- However, the fluctuating prices of raw materials and government regulations on carbon emissions are likely to restrain the growth of the studied market.
- Nevertheless, the rising initiatives related to the usage of flat glass for renovation projects in the construction industry are expected to create opportunities for the market during the forecast period.