The numerous ongoing construction and renovation activities across North America are expected to stimulate architectural flat glass market growth. Increasing inclination towards sustainable construction materials has fueled the adoption of architectural flat glasses across the region’s residential and commercial sectors.
Architectural flat glasses are used to enhance aesthetic appearance of commercial and residential spaces. These glasses come in a variety of textures and colors and are widely used in interior as well as exterior infrastructural applications. They offer excellent aesthetic appeal and are compatible with various pastel colors.
Moreover, these glasses are extensively used in shopping mall infrastructures owing to its transparency and durability which facilitates enhanced shopping experience for customers. With increasing product prominence, Global Market Insights Inc., predicts that North America architectural flat market is anticipated to surpass USD 10.05 billion valuation by 2026.
By application, North America architectural flat glass market is segmented into new construction, refurbishment and interior construction. Surging customer inclination towards glass design, minimalistic aesthetics and availability in pastel colors is anticipated to fuel market in the interior construction application.
As for the end-user segmentation, the North America architectural flat glass market is categorized into industrial residential and non-residential segments. The product is poised to gain added traction in the residential construction sector. It is extensively used in the construction of doors, windows, and ceilings as it exhibits properties like high endurance, durability and offers strong resistance against penetration from flying projectile.
Increasing focus on making home more children-friendly and safe may accelerate North America architectural flat glass market expansion in the residential construction sector. Architectural flat glass ensures enhanced structural safety. Demands for high-quality glass products primarily to meet strict regulations and parameters like grade, thickness and cut may accelerate North America architectural flat glass market growth.
Flat glass is also used in the manufacturing of solar panels. It is extensively used to produce high-performance solar panels given to its capability to protects photovoltaic cells from snow and water damage. A positive outlook toward green environment initiatives & solutions and rising per capita income is expected to supplement North America architectural flat glass market growth.
On the regional front, Mexico is expected to offer lucrative growth opportunities to the North America architectural flat glass market. The region is witnessing rapid investments in construction and renovation activities that demand for high-quality glass derivatives. These glasses are required across numerous non-residential as well as residential applications in the region.
Favorable government policies in Mexico that are targeted towards the development of new infrastructure projects may support architectural flat glass demand over forthcoming years. Apart from this, surging customer inclination towards premium construction products and strong demand for minimalistic aesthetics is likely to trigger product requirement in the region.
GrayGlass Company, Schott AG, Central Glass, Corning, Sisecam Group, Saint-Gobain, Cardinal Glass Industries, and Vitro Architectural Glass are key NA architectural flat glass companies. These industry participants are actively investing in R&D and experimenting with numerous coatings to reduce cost, increase durability of architectural flat glass whilst providing resistance against solvents and susceptibilities.
Companies are also engaging in numerous growth strategies like mergers, acquisitions, and partnerships to tap a major share in this market. They are boosting their production capacity to meet product demand from the residential as well as the non-residential sectors.