United States Construction Glass Market to Grow at a High Pace through 2025
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.
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