Product ID: UCMIR15G2015
Report ID:
UCMIR15G2015 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The North America market for architectural flat glass had a value of more than USD 8 billion in 2021 and is expected to achieve a Compound Annual Growth Rate (CAGR) of over 7% between 2022 and 2028. The market growth can be attributed to the increasing use of architectural glass in various residential, commercial, and industrial buildings, driven by the rise in new home sales and renovation activities. Architectural flat glass is a transparent building material that is used in various applications, such as windows, doors, external walls, vehicle windows, and others. The growing construction activities in the region, fueled by urbanization and industrialization, are also contributing to the market's expansion.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Metal & Glass Containers by segment aggregation, the contribution of the Metal & Glass Containers in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIR15G2015