Increasing demand for construction glass is expected to drive the growth of United States construction glass market
According to TechSci Research report, “United States Construction Glass Market By Product Type (Low- Emissivity Glass and Special Glass), By Application (Residential and Commercial), By Manufacturing Process (Float Glass Process and Rolled/Sheet Process), By Coating Type (Hard Coat, Soft Coat), By Region, Competition, Forecast & Opportunities, 2025”, United States construction glass market is expected to witness a significant CAGR during the forecast period. Growing middle-class population in the country is expected to bode well for the growth of United States construction glass market through the forecast period. In addition to this, growing requirement for eco-friendly materials for the construction of buildings is positively influencing the growth of United States construction glass market in the years to come. Also, expanding construction industry is further making headway for the growth of United States construction glass market. Along with this, these glasses give protection from sun, controls temperature, reduced reflection, and low heat emissivity. Such properties of construction glass are forecast to positively contribute to the market growth during the next five years. Along with this, the capability of construction glass to enhance the influx of natural light in the building, has resulted in wide accepted in construction, thereby contributing further to the growth of the construction glass market. Change in mindset of residential consumers is further aiding the growth of construction glass market in United States.
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United States construction glass market can be segmented based product type, application, manufacturing process, coating type product type, application, manufacturing process, coating type, company, and region. Based on application, the market is categorized into residential and commercial. Out of these, the commercial category dominated the market in terms of largest market share in the construction glass market until 2019, and is likely to witness highest growth during the forecast period was well, which can be accredited to the fact that it can protect the building from harmful ultraviolet rays. In addition to this, high resistance to chemicals and electricity is another advantage offered by construction glass, which is contributing to the growing trend. Moreover, these construction glasses are least affected by environmental changes, which is expected to boost the growth of segment over the coming years.
AGC Glass, Central Glass International Inc., Guardian Industries, PPG Industries Inc., Saint-Gobain, SCHOTT North America Inc, Coorstek Inc, Corning Inc, Permasteelisa Group, Enclos Corp, are among others are the leading players operating in United States construction glass market. The players are adopting several growth strategies to enhance the market scenario of construction glass. Other competitive strategies include new product developments; mergers & acquisitions; agreements, partnerships, and collaborations; and expansions to diversify their product portfolio in order to strengthen their market position.
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“United States construction glass market is expected to witness formidable growth until 2025 on account of adoption of enhanced glass manufacturing technologies in the country. In addition to this, expanding infrastructure sector is further contributing to the growth of construction glass market. Moreover, exquisite properties of construction glasses are projected to drive the construction glass market growth during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Construction Glass Market By Product Type (Low- Emissivity Glass and Special Glass), By Application (Residential and Commercial), By Manufacturing Process (Float Glass Process and Rolled/Sheet Process), By Coating Type (Hard Coat, Soft Coat), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States construction glass market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States construction glass market.